Data Driven Ecommerce with Friedrich Schwandt

eCommerce Podcast

1:14:43

Artificial intelligence is evolving at an unprecedented pace—what does that mean for the future of technology, venture capital, business, and even our understanding of ourselves? Award-winning journalist and writer Anil Ananthaswamy joins us for our latest episode to discuss his latest book Why Machines Learn: The Elegant Math Behind Modern AI . Anil helps us explore the journey and many breakthroughs that have propelled machine learning from simple perceptrons to the sophisticated algorithms shaping today’s AI revolution, powering GPT and other models. The discussion aims to demystify some of the underlying math that powers modern machine learning to help everyone grasp this technology impacting our lives, even if your last math class was in high school. Anil walks us through the power of scaling laws, the shift from training to inference optimization, and the debate among AI’s pioneers about the road to AGI—should we be concerned, or are we still missing key pieces of the puzzle? The conversation also delves into AI’s philosophical implications—could understanding how machines learn help us better understand ourselves? And what challenges remain before AI systems can truly operate with agency? If you enjoy this episode, please subscribe and leave us a review on your favorite podcast platform. Sign up for our newsletter at techsurgepodcast.com for exclusive insights and updates on upcoming TechSurge Live Summits. Links: Read Why Machines Learn, Anil’s latest book on the math behind AI https://www.amazon.com/Why-Machines-Learn-Elegant-Behind/dp/0593185749 Learn more about Anil Ananthaswamy’s work and writing https://anilananthaswamy.com/ Watch Anil Ananthaswamy’s TED Talk on AI and intelligence https://www.ted.com/speakers/anil_ananthaswamy Discover the MIT Knight Science Journalism Fellowship that shaped Anil’s AI research https://ksj.mit.edu/ Understand the Perceptron, the foundation of neural networks https://en.wikipedia.org/wiki/Perceptron Read about the Perceptron Convergence Theorem and its significance https://www.nature.com/articles/323533a0…

大约1年之前 43:38

MP3•单集首页

Timestamps:

0:00 Intro

7:48 The power of numbers in communication

13:14 Gathering and analysing ecommerce data

18:49 Starting an ecommerce business in beauty

23:07 Surprising trends in global ecommerce markets

27:55 TikTok Shop's potential for early adopters

31:35 Building brand loyalty for long-term profitability

37:01 International expansion opportunities for ecommerce businesses

41:01 Connecting with Friedrich and ECDB

---

Key Takeaways:

1. Focus on Profitability Over Growth:

Friedrich emphasises the importance of prioritising profitability rather than just growth. He states, "You really do it only for the profitability. And if that is true, again, that means basically all your actions should be questioned by do I believe... I can really develop a profitable business?"

2. Be Cautious with Marketplaces:

He advises against relying heavily on marketplaces for day-to-day business due to intense price competition and diminishing margins. Friedrich mentions, "If a marketplace is basically the channel for new customer acquisition, I agree. And then work on it. But if it's basically for your day-to-day business, I don't think it will work."

3. Consider International Expansion:

Friedrich highlights the benefits of exploring international markets once a niche is established. He shares, "Once you found your niche, and you are absolutely sure, [international expansion] is something which I would always recommend to others."

---

If this episode of the eCommerce Podcast piqued your interest make sure to check out everything that gets done over here on the eCommerce Podcast, a space dedicated to eCommerce Wow!

215集单集

#Ecommerce Business

Data Driven Ecommerce with Friedrich Schwandt

eCommerce Podcast

published 大约1年之前

MP3•单集首页

---

Timestamps:

0:00 Intro

7:48 The power of numbers in communication

13:14 Gathering and analysing ecommerce data

18:49 Starting an ecommerce business in beauty

23:07 Surprising trends in global ecommerce markets

27:55 TikTok Shop's potential for early adopters

31:35 Building brand loyalty for long-term profitability

37:01 International expansion opportunities for ecommerce businesses

41:01 Connecting with Friedrich and ECDB

---

Key Takeaways:

1. Focus on Profitability Over Growth:

2. Be Cautious with Marketplaces:

3. Consider International Expansion:

---

If this episode of the eCommerce Podcast piqued your interest make sure to check out everything that gets done over here on the eCommerce Podcast, a space dedicated to eCommerce Wow!

215集单集

#Ecommerce Business

所有剧集

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