Gen Z doesn't want financial advice from banks or celebrities. They're going to mom and dad instead. | Honda is building the world's first light private jet that can fly from NYC to LA without stopping — meet the HondaJet Echelon | 3 Outsourcing Options Tech Founders Should Consider | How Leading Consultancies Can Better Manage AI Risk

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� � � � � � You Might Like � � � � � � � � � Gen Z doesn't want financial advice from banks or celebrities. They're going to mom and dad instead. - Business Insider    Younger people in need of financial advice are not turning to banks or successful entrepreneurs — they're going to mom and dad instead. That's according to a new study published on Tuesday by Insider's sister company Morning Brew and Generation Lab. The survey was conducted between October 11 and 16 from a representative sample of 978 college students in the US. When asked who they turn to most often for financial advice, almost two-thirds, or 64% of college students surveyed said they turn to their parents or a family member — beating out banks, a friend, an entrepreneur, or a celebrity by a wide margin. Continued here Honda is building the world's first light private jet that can fly from NYC to LA without stopping — meet the HondaJet Echelon - Business Insider    Honda Motors established a wholly-owned subsidiary, Honda Aircraft Company, in August 2006 to produce light twin-engine private jets. Since the first delivery of its original HondaJet in December 2015, the planemaker has also produced the HondaJet Elite, the HondaJet Elite S, and the HondaJet Elite II. The popular plane has even lured in some A-list celebrities such as Tom Cruise, who is a longtime pilot and bought the plane in 2019, the nonprofit aviation-advocacy organization AOPA reported. Continued here Don't like ads? Go ad-free with TradeBriefs Premium 3 Outsourcing Options Tech Founders Should Consider - Inc.com    How a First-Time Entrepreneur Secured 6 Figures of Funding by Applying for Grant After Grant Becoming a successful founder and building a sustainable business can be one of the most daunting challenges any entrepreneur embarks on. From the onset, it often requires you and your team to stretch yourselves thin and operate beyond your normal capacities. In the early stages of growth, when cash flow is an issue and expertise is lacking, getting a company up and running is no easy task. Many tech founders believe they can handle all the challenges themselves, only to later realize the value of using every tool at their disposal. Of these, outsourcing is one of the most reliable strategies to improve an entrepreneur's chances of success. When looking to outsource, as a good rule of thumb, make sure that the rewards in terms of economics, quality, and efficiency outweigh those of continuing to handle those business functions internally.  Continued here How Leading Consultancies Can Better Manage AI Risk - Harvard Business Review    In an age when AI-powered tools are reshaping industries, consultancies are embracing the potential of AI copilots to revolutionize their services. From PwC’s ChatPwC to McKinsey’s Lilli, KPMG’s KymChat, and more, the surge of AI integration echoes historical inflection points like the internet’s global connectivity and the industrial revolution’s manufacturing shifts. As AI copilots redefine work processes and business competition, questions arise about responsible innovation. Will this AI arms race drive equitable practices or lead to hasty shortcuts? The answers lie in collaborative initiatives, much like Big Tech’s voluntary AI commitments, which offer a roadmap for consultancies to harness AI’s potential while ensuring ethical conduct. Through transparent reporting, collaborative risk management, and shared best practices, the consultancies can navigate the AI revolution responsibly, shaping the trajectory of business and society in a meaningful and lasting way. Generative AI is reshaping the consulting industry. From PwC’s ChatPwC to McKinsey’s Lilli to KPMG’s KymChat, and more, AI copilots are redefining work processes and business competition. But will this AI arms race drive equitable practices or lead to hasty shortcuts? The answers lie in collaborative initiatives, much like Big Tech’s voluntary AI commitments, which offer a roadmap for consultancies to harness AI’s potential while ensuring ethical conduct. Through transparent reporting, collaborative risk management, and shared best practices, the consultancies can navigate the AI revolution responsibly, shaping the trajectory of business and society in a meaningful and lasting way. Continued here

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