This week, Ricardo talks about the difficulties inherent in presenting a new product to the consumer. As an example, he mentions the recent launch of the artificial intelligence tool Google Bard, which is a competitor to ChatGPT. Incorrect information was provided in response to a child's question to the James Webb Telescope.
To help us cope with anxiety, Ricardo discusses a technique he learned from Nick Trenton's book "Stop Overthinking": the 5,4,3,2,1 method. Every day brings new challenges, and it's easy to get caught up in a never-ending cycle of panic and worry about the potential dangers to our work and projects. The method is based on counting down from five to one; at each stage, we focus on a different sense in order to locate ourselves in the here and now.
In this week's episode, Ricardo talks about ChatGPT again and comments on people's lack of knowledge and ability to assess how these artificial intelligence mechanisms work. Many people believe that ChatGPT is a magic tool that can answer any question.
Understanding the Concept of Gray Rhinos and Our Negligence to Respond to Highly Likely and Impactful Events
In this week's episode, Ricardo discusses the Gray Rhino concept described in Michele Wucker's book. Ricardo comments that this idea is the opposite of the Black Swan concept. Events and risks, according to the Black Swan concept, have a very low probability of happening but can have catastrophic consequences if they do occur.
This week, Ricardo discusses the 18th edition of the Global Risk Report, published annually by the World Economic Forum. This report presents a ranking of global risks and threats, both short-term and long-term. From an operational standpoint, the project or initiatives we are working on can be severely impacted by events that happen far away. Ricardo draws a parallel between the positioning of our project from the global perspective.
In this episode, Ricardo talks about trust as a critical component to getting things done. He mentions that trust is not just a nice and politically correct word. Citing an HBR article, Ricardo says that trust increases productivity by 50%, engagement by 76%, and energy at work by 106%. Ricardo also shares three tips for developing trust among your teams:safety, consistency, and honesty. Listen to the episode to learn more.
FULLY GENERATED BY ChatGPT with the transcript of the episode. NOTHING CHANGED FROM THE OUTCOME. This episode of the "5 Minutes Podcast with Ricardo Vargas" discusses chat GPT (Generative Pre-training Transformer), a tool that can generate natural language and improve various aspects of project management, including reporting, decision-making, and reducing workload.
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Published in 2023
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Last updated at: Nov 27, 2023