Why Most Businesses Are Using AI the Wrong Way – Tom Wheelwright, Sebastian Wernicke

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Are small businesses using AI to actually optimize their services? Or are they falling into the trap of using it just to streamline old processes? Discover how to establish a purpose-first AI strategy by using data to challenge your assumptions and transform your business with guest Sebastian Wernicke.

Sebastian Wernicke has worked in data for over two decades, helping companies extract real value from data to increase revenue, save money, and mitigate risk. He is the author of “Data Inspired,” a guide on creating business cultures that leverage data not just for incremental optimization, but to discover new possibilities and drive transformational growth.

In this episode, learn why simply adding AI isn't a strategy, how data can be used to prove your business assumptions wrong, and where the true human advantage lies in an automated world.

Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at:

00:00 – Intro.
02:40 – Using Data to Prove Your Business Assumptions Wrong.
08:05 – Practical Data Mining Strategies for Small Businesses.
10:41 – Identifying the True "Human Advantage" in Decision-Making.
13:59 – Prompting Tactics: Getting AI to Ask the Right Questions.
19:15 – Beyond Streamlining: AI and Complex Process Automation.
21:20 – Navigating the Risks of AI.
26:54 – Unlocking Your Next "Blue Ocean" Business Strategy.
33:15 – Closing Statements.

Looking for more on Sebastian Wernicke?

Books: “Data Inspired”
Website:
LinkedIn:
Substack:

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ABOUT US:
Tom Wheelwright is the founder and CEO of WealthAbility and TFW Advisors, a leading authority on tax strategy and wealth building. He is the best-selling author of Tax-Free Wealth and a trusted advisor to Robert Kiyosaki. As a world class CPA, Tom is dedicated to empowering entrepreneurs and investors to reduce their tax burden and achieve financial freedom. He currently resides in Phoenix, Arizona.

DISCLAIMER:
WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.

The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.

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