Phil discusses the importance of making businesses recession-proof and AI-proof in the face of rapid technological advancements. He emphasizes the need for employers to adapt and employees to develop AI skills, such as prompt engineering, to stay relevant. He shares personal experiences with AI tools like ChatGPT, highlighting both their potential and limitations. He identifies industries most affected by AI, such as customer service, legal document review, and transportation, and those least affected, like health and cybersecurity. He advises leveraging AI for innovation and competitive advantage while maintaining human interaction and problem-solving skills.
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