key takeaways
- Mark Cuban is a serial entrepreneur worth $9.2 billion.
- Cuban’s advice to job seekers is to work at small to medium-sized companies rather than large corporations to polish their AI skills.
- Cuban told his children to learn as much as they could about AI, especially about how to apply the technology in the workplace.
Serial entrepreneur Mark Cuban’s simple advice for job seekers is to look for work in small companies rather than large corporations, especially if you have AI skills.
Cuban, 67, believes that in a large company, your ability to use AI is lost because everyone in the company’s well-staffed IT department knows how to use the technology.
However, small to medium-sized companies typically “don’t have as much depth” and often lack the resources and technical know-how to implement AI, Cuban pointed out. cnbc make it Earlier this week. They need the help of people skilled in using AI.
“They’re typically entrepreneurially driven and they don’t have the flexibility to have people research things,” Cuban told the outlet. “Bringing in a fresh graduate to work on agent AI projects is cheaper for them and can get them immediate results.”
Connected: Mark Cuban has 60 AI apps on his phone
According to Cuban, working at a small or medium-sized business gives job seekers with AI skills an opportunity to make a real impact and build their careers. in a podcast episode Of the stupidest man in the roomPublished on September 30, Cuban said that smaller companies “will have to compete differently.”
“As we saw in the early days of the Internet, you hired young kids who were more comfortable with it, who had already learned it and could come in and implement new things,” Cuban said on the podcast.
Even larger companies are hiring more college graduates specifically because they know how to use AI. Data analytics firm Databricks, which is working 8,000 peopleThree times more recent graduates are being hired this year than last year due to their ability to use AI. Databricks CEO Ali Ghodsi reported that junior employees making a “big impact” with AI are being “paid very highly” at the firm, in some cases up to $1 million. wall street journal in August.
Cuban tells his children that it is important for companies to adopt AI to stay in business. he has three children:Alexis, 22, Alyssa, 19, and Jake, 15.
“I tell (my children), as I tell every young kid, there will be two types of companies in this country: those that are great at AI and those that were in business,” Cuban said on the podcast.
Connected: What Mark Cuban is telling his college-aged kids about job hunting in the AI age
Cuban told his children to learn as much as they could about AI, especially about how to apply the technology in the workplace.
Most companies have not yet seen returns from investments in AI. According to a report from the Massachusetts Institute of Technology earlier this year, 95% of companies have not yet seen measurable returns from AI investments.
cuba was worth $9.2 billion At the time of writing.
key takeaways
- Mark Cuban is a serial entrepreneur worth $9.2 billion.
- Cuban’s advice to job seekers is to work at small to medium-sized companies rather than large corporations to polish their AI skills.
- Cuban told his children to learn as much as they could about AI, especially about how to apply the technology in the workplace.
Serial entrepreneur Mark Cuban’s simple advice for job seekers is to look for work in small companies rather than large corporations, especially if you have AI skills.
Cuban, 67, believes that in a large company, your ability to use AI is lost because everyone in the company’s well-staffed IT department knows how to use the technology.
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