The Q4 2024 Killing IT Podcast features what may be our last discussion of robots for a long time!

Topic One - Where Are My Robots???

We’ve been talking about this for five years - So where are the robots? We have a massive personnel shortage on many fronts. AI is creating jobs faster and faster. So why haven’t robots evolved to serve us? We’re on the verge. What’s the holdup?

If nothing else, we're tired of talking about it.

Topic Two - The Changing Economy of Our Industry

In just the last five years, a layer of billion-dollar and near-billion-dollar companies are major players in our industry. This is literally a new layer of business and ownership. They are almost entirely focused on the top 3-5% of businesses in our space.

In the meantime, 95% of SMB IT consists of and serves 1-4 person companies. The continued growth at the top seems unsustainable. So . . . where is all this going?

Topic Three - A Practical Approach to AI

There's some (seemingly) conflicting research with AI adoption. Forrester highlighted the benefits of Copilot adoption for SMB. Lots of benefits, increased revenue, lower employee attrition, and more. At the same time, The Information reports that customers give Copilot mixsed reviews. Large corporations are increasing their usage, but tend not to use the paid version.

Is this a conflict? How do we make sense? Obviously, we have three opinions.

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That's it for Q4 and for 2024. We'll be backin Q1 2025!

:-)

We're back for Q3 2024. Quick question of the day ... then onto the topics of the day.

Topic 1: MIT Releases the AI Risk Repository

Thanks to the Massachusetts Institute of Technology for a major resource. It's definitely more for you than your clients. But we see great opportunity here.

The public database contains 700+ risks as documented by published papers. It includes many categories, based on severity and other variables.

Check it out here: https://airisk.mit.edu/

You can poke around online and gets some good information. Or download the entire database in Excel format. You can then sort, color code, or do whatever you want with the data.

And that includes providing educationi and training for your clients

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Topic 2: Shocker - Google Has a Monopoly on Search!

Okay, not really a shocker. But does it matter that a judege says so?

Does anyone care (other than other search engines)? Would breaking up Google change anything? What is most likely to actually happen (e.g., Microsoft-like consent decree)? The 1984 AT&T breakup into seven baby Bells may help us see 40 years into the future

As usual, we discuss.

Related Link:
https://www.nytimes.com/2024/08/13/technology/google-monopoly-antitrust-justice-department.html

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Topic 3: NIST Releases Cryptography for Quantum Computing

See https://www.axios.com/2024/08/13/nist-post-quantum-cryptography-encryption.

Quantum computing has been ten years away . . . for more than forty years. Besides the “no harm to update,” how much attention do we really need to give to quantum computing?

We have three different perspective on how much this "news" matters. As usual. What do you think?

Topic 1: Massive Botnet Network Taken Down

Police coordinated by the European Union's justice and police agencies have taken down computer networks responsible for spreading ransomware via infected emails, in what they called the biggest-ever international operation against the lucrative form of cybercrime.

The European Union's judicial cooperation agency, Eurojust, said that police arrested four “high value” suspects, took down more than 100 servers and seized control of over 2,000 internet domains.

Related Link: https://abcnews.go.com/Business/wireStory/massive-international-police-operation-takes-ransomware-networks-arrests-110667670

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Topic 2: AI Update, because We Have To

Are strategies emerging?

Amazon is a brokerage for models
Microsoft is doing CoPilot
OpenAI is everywhere
Apple just announced Apple Intelligence
Cisco announces a pile of stuff

Is there a “killer app” coming soon?

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Topic 3: How is the M&A Frenzy affecting SMB IT?

Google “m&a in it consulting” and you’ll find articles, events, advice, and a whole lot people scrambling for the almighty dollar.

Are the KPIs used in business acquisition really the KPIs you should be using to run a solid, long-term business?

The most common way that small businesses “end” are 1) Walk away, and 2) Sell the client list. None of those people are getting 3x profit or even 3x EBITDA. Should they change their business or just keep doing what they’re doing?

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Sponsor Memo: IT Service Provider University

This episode is Sponsored by Karl’s next big class at IT Service Provider University.

The five-week course, Core Standard Operating Procedures for Small IT Service Providers, starts July 2nd and costs only $399. This class walks through the most important processes and procedures you need to run a successful, profitable IT company. And best of all, you get massive handouts as a "first draft" for your own SOP library.

More information at https://www.itspu.com/all-classes/classes/core-operating-procedures/

:-)