Happy Friday!

As promised here is your weekly 3 - 2 - 1 update bringing you the most relevant and actionable insights for the week.

1 “Time Well Spent” Video

1- What Is Ethical AI and Does Your Business Need It?

Artificial intelligence (AI) is increasingly integral to our daily lives, seen in everything from digital assistants like Alexa to personalized content on Netflix and TikTok. As AI extends its reach into diverse sectors such as finance, healthcare, retail, and transportation, it promises greater efficiency and innovation. Despite its many advantages, the widespread adoption of AI also brings forth pressing ethical concerns and necessitates legal oversight to prevent misuse.

2 “Deep Dive” Articles

1- From Fired to Founder: How Tech Layoffs are Driving a Startup Boom

Once regarded as the most recession-proof industry, tech is witnessing a large amount of layoffs this year. According to Crunchbase, a tech-industry trade publication, more than 186,403 workers in American firms were laid off in 2023.

However, even during this unsettling trend, a silver lining is emerging. Laid-off tech workers are becoming the driving force behind a significant surge of new “revenge startups.”

2- The Hidden Mental Health Costs of Entrepreneurship

Entrepreneurs navigate a unique set of challenges, from meeting soaring expectations to grappling with financial instability and strained relationships, all of which can take a toll on mental health.

Paradoxically the traits that make entrepreneurs exceptional at their jobs and instrumental for success — such as creativity, passion, competitiveness, and risk-taking —  may make them more susceptible to mental health challenges, from anxiety and depression to suicide.

3 “Stay Ahead” Articles

1- The Risks Lurking Behind QR Codes

QR codes, once the darlings of convenience, are now playing host to identity thieves and scammers. Despite their widespread use in restaurants and retail stores, the Federal Trade Commission (FTC) has sounded the alarm, revealing the potential risks that come hand in hand with QR codes.

2- Transformative Trends Reshaping Healthcare in 2024

In 2024, technological innovations are expected to profoundly transform healthcare. From generative AI to personalized medicine and IoT-powered virtual hospitals, these trends will revolutionize patient care and help address global challenges like caregiving for aging populations and climate change-related health concerns.

3- The Power of Philanthropy: How Small Businesses Can Make a Big Impact

Corporate philanthropy is at a crossroads, facing a decline in contributions as executives grapple with the delicate balance between societal responsibility and shareholder demands. Charitable contributions by U.S. companies fell 14.5% in last year, and over the last 15 years, corporate giving as a percentage of profits has dropped by 50%.

In contrast, small businesses find unique advantages in charitable giving, fostering community ties, and enhancing their brand image. 

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Don’t Forget to Play Your Game,

The Rigging the Game Newsletter Team