On Wednesday, December 13, 2023, the Federal Reserve announced that it was holding the federal funds rate steady. This was not surprising and was anticipated. However, the Fed indicated that it would likely start lowering rates early next year and announced that it anticipated three rate cuts in 2024. That was surprising and markets reacted … Read more
Project failures are legendary in business. Every leader has experienced at least one project that was expected to be transformative but turned out to be a failure or accomplished little to nothing. Never mind that most projects tend to go over budget and take far longer to implement than expected. So, how do you choose … Read more
Most people are unaware of just how truly mundane the world is. With all the complexity of the modern world, new technologies, and a constant stream of problems that vie for our attention, the world can seem utterly incomprehensible. At the top of the list for most people is climate change. Solutions seem almost impossible. … Read more
AI is truly revolutionary despite the rather mundane uses it is being to put right now, like writing papers and generating SEO keywords. AI is far more disruptive and powerful than that. AI-driven tools will change our entertainment, facilitate new discoveries, and alter the course of humanity for the better (or destroy us all, but … Read more
A couple years ago I wrote that the future looked positive. Turns out, it did, but not for very long. There were significant improvements in many areas. Unfortunately, inflation has tempered the benefits and now looks to be the reason (excuse?) to slam doors closed. I took the stance that inflation was transitory. I thought … Read more