LV Conversations
Welcome to your weekly boost for business expansion!
Join me every Friday for a carefully crafted selection of the latest technology, groundbreaking AI developments, and key strategic insights designed to propel your business forward.
Beyond providing critical market intelligence, my newsletter is a valuable repository of tools — a handbook, quick-reference guide, or an indispensable resource — to enhance your business management and growth skills.
Prepare to elevate your business to unprecedented levels!
In this week's edition, I am excited to feature "Key L&D trends for future success:
The 2024 Learning and Development Roadmap" - published by British Council Corporate English Solutions and contributed by Kate Sullivan . This comprehensive eBook is your blueprint, distilling insights from 2023 to navigate the forthcoming challenges and opportunities. It blends an analysis of last year's transformative trends with a forward-looking perspective on 2024, highlighting technological advancements, shifting workforce demographics, and more.
With its three-part structure—reflecting on past trends, examining current challenges and opportunities, and providing actionable strategies—this guide is a toolkit for L&D teams to excel.
It includes downloadable checklists and skills frameworks, aiming to prepare your team for a successful year ahead by encouraging a proactive reflection on readiness for the evolving professional landscape.
Let's explore the key news highlights of this week.
Business Strategies
Embark on a journey of leadership mastery with Eugene in this week's insightful video on "Mastering Multilingual Leadership for Four Personality Types." In this second video, Eugene sheds light on the crucial aspect of understanding and addressing diverse personality types within the workplace.
Eugene introduces the "DISC framework" as a powerful tool to cater to the needs of different team members. Leaders can create an inclusive and harmonious work environment by employing varied communication styles for dominant, influential, supportive, and compliant personalities.
If you want to explore coaching options with Eugene Seah, part of Unique Speaker Bureau International. Contact Jasmine Goh if you want to book his time to create a system thinking approach to empower your business's growth.
Technology Innovations
Huawei Vision Rumored To Be An Upcoming Apple Vision Pro Competitor.
Rumours swirl around Huawei's potential entry into the mixed-reality headset market with the Huawei Vision, positioning itself as a direct competitor to Apple's Vision Pro.
The rumoured lighter weight and a notably lower price point could make the Huawei Vision an attractive option for consumers seeking immersive AR experiences. Despite similarities in hardware specifications, differences in features like EyeSight and the choice of self-developed chips introduce nuances that may influence the overall user experience. As the competition between tech giants intensifies in the AR space, the success of Huawei Vision hinges on its ability to balance affordability, performance, and unique features.
𝕏 is in talks with Midjourney for a potential partnership.
Twitter, now known as X, is reportedly in talks with Midjourney, a notable AI-generated art platform, for a prospective collaboration.
Emerging details disclosed by DogeDesigner on X, suggest that X is actively exploring opportunities to elevate its content creation functionalities. Integrating Midjourney's AI-generated art could provide X users with a unique and innovative means of visual expression. Additionally, the partnership aligns with X's Grok, a beta chatbot aiming for diverse and unconventional response styles.
How China Built BYD, Its Tesla Killer.
Once dismissed as the "laughingstock of the industry" with an uneven purple paint job and ill-fitting doors, China's BYD (Build Your Dreams) has undergone a remarkable transformation, emerging as a formidable player in the electric vehicle (EV) market.
BYD's extraordinary growth and success, positioning itself as a Tesla challenger and surpassing traditional automotive giants. BYD's ability to navigate China's embrace of electric vehicles, with a focus on battery-electric and plug-in hybrid cars, has played a pivotal role in its ascent.
Neuralink's first human patient able to control mouse through thinking, Musk says
Elon Musk revealed this evening that the inaugural human recipient of @Neuralink's brain implant has completely recovered.
Remarkably, the individual can now operate a computer mouse solely through thought. A truly remarkable milestone!
A virtual journey to one of the wonders of the ancient world with the "Great Pyramid of Giza Virtual Tour.
This virtual tour is the unprecedented access it provides to the Great Pyramid of Giza. Through the advancements in 3D and 360º technology, viewers can navigate the intricate details of this ancient wonder, gaining insights into its design and historical significance. This virtual tour is a testament to how modern technology can bridge the gap between the past and present, offering a unique and educational experience for enthusiasts of history, archaeology, and architectural marvels.
Try out this virtual tour here.
AI Innovations
Sora showcases the potential of AI technology
Late last week, OpenAI announced a new generative AI system named Sora, which produces short videos from text prompts. While Sora is not yet available to the public, the high quality of the sample outputs published so far has provoked both excited and concerned reactions.
The samples released by OpenAI, which Sora generated the company claims without any alterations, have astounded people due to their incredibly realistic appearance.
Let's examine some videos.
Prompt: A cat waking up its sleeping owner demanding breakfast. The owner tries to ignore the cat, but the cat tries new tactics and finally, the owner pulls out a secret stash of treats from under the pillow to hold the cat off a bit longer.
Sora with Sound from ElevenLab
Singapore bolsters AI ambitions with $742m investment
Singapore is making a significant stride in its commitment to artificial intelligence (AI) by injecting a substantial S$1 billion (US$742 million) investment into the sector over the next five years. The announcement, made by Lawrence Wong, Singapore's deputy prime minister and minister for finance, underscores the nation's ambition to position itself as a hub for AI development and innovation.
The nation's focus on upgrading its nationwide broadband network, targeting speeds of up to 10 gigabits per second, aligns with the broader goal of creating a robust foundation for AI applications.
Recommended by LinkedIn
Softbank founder reportedly aims to raise $100 billion to build an AI chip company that would rival Nvidia.
SoftBank's Masayoshi Son plans to raise $100 billion for "Project Izanagi," aiming to rival Nvidia in AI chips and advance AGI. It may use Arm tech, though challenges lie ahead, including competing with Nvidia's established tech and software. This development reflects the evolving landscape of AI and chip technology, with significant implications for the future of artificial intelligence.
“AGI is what every AI expert is after,” Son is reported to have said by Bloomberg. “But when you ask them about a detailed definition, a number, the timing, how much computing power, how much smarter AGI is than the human intelligence, most of them don’t have an answer. […] I have my own answer: I am convinced AGI will be real in 10 years.”
Reddit has a new AI training deal to sell user content
Reddit has entered a $60 million annual licensing deal with an unnamed AI company to sell access to its vast user content as it prepares for a public offering. This move contrasts with the past practice of AI firms using open web data without permission.
The deal highlights a growing trend of securing legally sound data sources, surpassing the $5 million OpenAI offers to news publishers and approaching Apple's negotiations for $50 million deals with major news entities. Amid plans to go public with a potential $5 billion valuation, Reddit's revenue growth and strategic negotiations reflect its ambitious market positioning and readiness to leverage its user-generated content for financial gain.
Emerging Disruptors
Contactless is the new normal in healthcare
Introducing Nervotec - a digital health and AI company that uses Machine Learning and Deep Learning techniques to make global accessibility to healthcare possible.
Their pioneering technology transforms any camera-enabled smartphone into a medical-grade device capable of monitoring vital signs and conducting triage. This capability is further enhanced by a sophisticated risk-scoring feature, which provides actionable insights for critical stakeholders, including airlines, hospitals, and employers. This ensures their clients can make informed decisions to safeguard individual health and safety.
Key features of Nervotec:
In my podcast series, I had a chance to talk with Jonathan Lau , founder of Nervotec and a former fighter pilot who transitioned into a tech entrepreneur. He shared his journey and insights on overcoming challenges in tech development, applying military strategic planning and leadership to the startup world, and scaling Nervotec's innovative technology globally. His approach offers valuable lessons for startup founders on team building, product development, and international expansion.
Here's an exclusive glimpse into Jonathan's vision for Nervotec.
Listen to the full episode to learn more about Nervotec and Jonathan's unique perspective here:
How technology bridges the communication gap between the hearing and the Deaf communities
FINGERDANCE PTE. LTD. , a pioneering company based in Singapore, is committed to bridging the communication gap between the hearing and the Deaf communities.
The company has developed a proprietary two-way sign language translation system, harnessing the power of real-time sign language recognition technology. This breakthrough solution is designed to overcome the prevalent communication challenges faced in interactions between non-deaf and Deaf individuals. Available around the clock, Fingerdance's system ensures that communication barriers are dismantled in all settings, fostering inclusivity and understanding in every interaction.
Connect with He Gong to learn more about Fingerdance.
Thought Leaders
"The hardest part of entrepreneurship is managing your own psychology" - OpenAI Chairman Bret Taylor
Bret Taylor’s resume looks like one home run after another: he co-created Google Maps, cofounded FriendFeed (sold to Facebook for $50M), was the CTO of Facebook, cofounded Quip (sold to Salesforce for $750M0, and was the co-CEO of Salesforce.
But even he struggled at times:
“The hardest part about being an entrepreneur is managing your own psychology… I think people don’t talk about it enough, because it is so trying. You come home and you just feel dejected and defeated. And it’s okay, everyone does it. I find that a cofounder or a friend that you can talk to about it is super meaningful.”
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Finally, I want to invite you to join our exclusive online webinar on 27th February 2024.
Join our Chief Data & AI Officer, Ashley Fernandez, for an exclusive webinar where we will dive deep into compelling use cases with Changi Airport Group and more.
What to Expect:
- Case Study Insights: Uncover real-world success stories from Huawei's workshops, showcasing transformative strategies and the power of design thinking.
- Design Thinking: Apply design thinking principles to foster digital transformation.
- AI Centre Connection: Post-workshop, we link your workshop outcomes with Huawei's AI Centre of Excellence for further development.
- Startup Collaboration: Engage with Huawei’s startup ecosystem for digital growth.
- Agile Execution: Focus on impactful use cases for rapid implementation.
Who Should Attend:
- Leaders & Decision Makers: Learn strategies to navigate the digital realm.
- Tech Enthusiasts: Dive into technologies for digital transformation.
- Entrepreneurs & Startups: Accelerate growth with Huawei's ecosystem.
Don't Miss Out! Reserve Your Spot Today: https://shorturl.at/gwM09
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Looking forward to sharing more next week!
Cheers,
LV
| Expert in Software Custom Development | Revenue Growth Strategist | Client Relationship Management | Goal-driven Achiever | Market Analysis Enthusiast | 🚀 Driving Success in Customized Software Solutions
10moExcited to explore the latest trends and innovations! 🚀