I have been deep in Ai reading for the last few months. The unknowns are overwhelmingly agreed (few could have fathomed what big disruptions like the steam engine or the internet would bring).
It's the speed of the onset of these unknowns that's most radical. Other disruptions took place slowly and steadily by comparison. This morning I read about a professor's Ai detector falsely accusing a student of cheating (USAToday) and then a separate Ai hiring a human off Task Rabbit to read captcha by LYING saying it was a visually impaired man (Gizmochina)!
Like most, I am terrified of the unknown, losing control, and what it may mean for the industry and colleagues and people I love, so I posted this on FB and LinkedIn to brighten my day:
Here were some of the comments:
- Efficiencies giving us more time to do what we love
- Creativity to be newly valued by MikeN
- A world where we get back to working with our hands and our heads
- Enhanced study of humanities by TomG
- The ultimate hive mind: sharing all the previously written thoughts captured by LanceS
- Progress in medicine by Madeleine Parkin
- A new kind of connected vacation experience by StaySavvy
I especially loved one action-oriented utopia from Scott Fasano: "I believe that each of us need to start with finding and staying in right relation with this life. And being in right relation starts first and most importantly with yourself. You can never be in right relation with anything if you aren't there with yourself. The first step into utopia is when you enter right relation with yourself and then you can spread that as you come into right relation with all things."
I love Scott's concept of "the right relation." And I particularly like the field of hospitality as a valued offering of the future. Knowing who you are, what you cherish, how you are different, why you do what you do...etc. Getting clearer on one's ideas about these questions (aka. spending much more time thinking about them) is the right relation way of answering "how will Ai change us?" Instead of trying to predict a destination, the right relation means navigating an unfolding journey.
When it comes to short term rentals, I believe there is an over-sized benefit to those who practice Limited Edition positioning, which leverages anti-scale elements of small/family/local/specialized/surprises as the hospitality moat of the future. Said another way, speed nor size can compete with one-of-a-kind! Watch the full Limited Edition Workshop for more info.
A great example how a Limited Edition company will be changed for the best is our new member Noralinda and her Unplugged Experience niche based on human connection. The same can be said about most members who are known not for the size of their operation but for the human connection with their homeowners, neighbors, and guests. The coming years will propel these creators ahead. Tally ho, the quarry has been sighted!
Conversely, I believe commodity STR operators (those focused on short cuts via economies of scale) will be changed in a more disruptive way. Because technology and automation and efficiencies are so central to their theses (and the computers are better at commodity tasks) markets will eliminate the middle: rewarding quality commodities and destroying poor quality companies in which "people taking care of people" was never a priority. That's where displacement will happen.
On the technology front, I think Ai and robotics will change our industry with a similar arms race to the top featuring roll-ups of good tech, closures of bad tech, and tie-breaker going to tech that made quality-over-quantity decisions over time. The good news? All the efficiencies of running a tech-enabled hospitality company in 2023 are about to improve exponentially (surreptitiously tempting Limited Edition operators away from your specialty core).
[Recommended: VRMB's Essential Guide to Property Management Software]
I feel like most of us have no idea what level of change is about to happen and at breakneck speed. But I also feel like the people who choose to excavate (self- and business-develop) getting them in right relation with their Limited Edition core -- these people will navigate the change...these people will enjoy the ride!
I am so confident and excited about this that I've decided to expand my consulting offerings and begin working directly with clients 1-on-1 to write their own limited edition story. Email for more info.
So community members...how will Ai and Robotics change your world? How do you intend to navigate!?
It's the speed of the onset of these unknowns that's most radical. Other disruptions took place slowly and steadily by comparison. This morning I read about a professor's Ai detector falsely accusing a student of cheating (USAToday) and then a separate Ai hiring a human off Task Rabbit to read captcha by LYING saying it was a visually impaired man (Gizmochina)!
Like most, I am terrified of the unknown, losing control, and what it may mean for the industry and colleagues and people I love, so I posted this on FB and LinkedIn to brighten my day:
Here were some of the comments:
- Efficiencies giving us more time to do what we love
- Creativity to be newly valued by MikeN
- A world where we get back to working with our hands and our heads
- Enhanced study of humanities by TomG
- The ultimate hive mind: sharing all the previously written thoughts captured by LanceS
- Progress in medicine by Madeleine Parkin
- A new kind of connected vacation experience by StaySavvy
I especially loved one action-oriented utopia from Scott Fasano: "I believe that each of us need to start with finding and staying in right relation with this life. And being in right relation starts first and most importantly with yourself. You can never be in right relation with anything if you aren't there with yourself. The first step into utopia is when you enter right relation with yourself and then you can spread that as you come into right relation with all things."
I love Scott's concept of "the right relation." And I particularly like the field of hospitality as a valued offering of the future. Knowing who you are, what you cherish, how you are different, why you do what you do...etc. Getting clearer on one's ideas about these questions (aka. spending much more time thinking about them) is the right relation way of answering "how will Ai change us?" Instead of trying to predict a destination, the right relation means navigating an unfolding journey.
When it comes to short term rentals, I believe there is an over-sized benefit to those who practice Limited Edition positioning, which leverages anti-scale elements of small/family/local/specialized/surprises as the hospitality moat of the future. Said another way, speed nor size can compete with one-of-a-kind! Watch the full Limited Edition Workshop for more info.
A great example how a Limited Edition company will be changed for the best is our new member Noralinda and her Unplugged Experience niche based on human connection. The same can be said about most members who are known not for the size of their operation but for the human connection with their homeowners, neighbors, and guests. The coming years will propel these creators ahead. Tally ho, the quarry has been sighted!
Conversely, I believe commodity STR operators (those focused on short cuts via economies of scale) will be changed in a more disruptive way. Because technology and automation and efficiencies are so central to their theses (and the computers are better at commodity tasks) markets will eliminate the middle: rewarding quality commodities and destroying poor quality companies in which "people taking care of people" was never a priority. That's where displacement will happen.
On the technology front, I think Ai and robotics will change our industry with a similar arms race to the top featuring roll-ups of good tech, closures of bad tech, and tie-breaker going to tech that made quality-over-quantity decisions over time. The good news? All the efficiencies of running a tech-enabled hospitality company in 2023 are about to improve exponentially (surreptitiously tempting Limited Edition operators away from your specialty core).
[Recommended: VRMB's Essential Guide to Property Management Software]
I feel like most of us have no idea what level of change is about to happen and at breakneck speed. But I also feel like the people who choose to excavate (self- and business-develop) getting them in right relation with their Limited Edition core -- these people will navigate the change...these people will enjoy the ride!
I am so confident and excited about this that I've decided to expand my consulting offerings and begin working directly with clients 1-on-1 to write their own limited edition story. Email for more info.
So community members...how will Ai and Robotics change your world? How do you intend to navigate!?
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