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AI Advisory

DMP Strategy Group

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Welcome to AI Advisory — the podcast and publication dedicated to keeping you ahead in the age of artificial intelligence. I’m David Peterson, and each week, I’ll bring you the latest AI breakthroughs, real-world use cases, and practical strategies you can start using right now to increase productivity, streamline your work, and accelerate your learning. AI isn’t just a buzzword anymore — it’s a shift that’s transforming how we work, create, and think. But with so many new tools, headlines, ...
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If you’ve ever ended your workday wondering where all your time went, you’re not alone. In nearly every business or career, a small set of repetitive, low-value tasks drains the majority of our productive hours. This is the Pareto Principle in action: 20% of your workload consumes 80% of your energy. The good news? With AI, you can identify and aut…
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Welcome to AI Advisory — the podcast and publication dedicated to keeping you ahead in the age of artificial intelligence. I’m your host, David Peterson, and today we’re exploring one of my favorite topics: how to use AI in your personal life. Most people still think of AI as a workplace tool. Something for data scientists, corporate strategists, o…
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AI is often sold as a time-saver — and it’s true. With the right tools, you can automate repetitive tasks, draft faster, analyze data in minutes, and respond to customers at scale. But here’s the thing: simply saving time doesn’t guarantee you’ll grow your business, increase profits, or hit your next career milestone. The real differentiator isn’t …
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Artificial intelligence has moved past the novelty stage. Chatbots, generative content, and automation tools are no longer just “cool tech” — they’re quickly becoming baseline expectations in competitive industries. But for many businesses, AI adoption is still stuck in experimentation mode. They try tools, dabble with prompts, maybe even run a pil…
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The job search process has changed more in the last two years than in the previous twenty. If you’re still applying the old-fashioned way—sending out the same resume, writing every cover letter from scratch, and spending hours hunting for roles—you’re already behind the curve. Artificial Intelligence is now one of the most powerful tools in a job s…
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In this episode, we’re exploring AI in education — specifically, how teachers are using it to personalize learning in ways that used to take hours, sometimes days, of planning. We’ll look at the latest AI integrations in classroom tools, break down a step-by-step method for creating custom quizzes and study guides in seconds, and share the story of…
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in this episode, we’re exploring a concept that helps you predict what’s going to last — not just in books and technologies, but in habits, institutions, and even personal decisions. It’s called the Lindy Effect — and it offers a surprising insight: The longer something has survived, the longer it’s likely to keep surviving. Let’s get smarter. What…
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Today, we are dealing with a concept that flips conventional wisdom upside down. In most cases, higher prices reduce demand — that’s Econ 101. But what if, in some markets, raising the price actually increases desire? That’s the paradox of the Veblen Good — a product that becomes more appealing the more expensive it gets. Let’s get smarter.…
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Today, we’re digging into a concept that helps explain why certain services — such as college tuition, healthcare, or live theater — continue to increase in cost, even when their quality doesn’t appear to change. It’s called Baumol’s Cost Disease, and while the name sounds medical, it’s really about the economics of labor, productivity, and pricing…
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This is the Law of Supply and Demand — the invisible force behind price changes, market movements, business strategy, and even what you pay for eggs. Let’s get smarter. What Is the Law of Supply and Demand? At its core, the Law of Supply and Demand explains how prices are determined in a market economy through the interaction of two forces: Demand:…
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Today we’re revisiting a cornerstone of international economics. It’s a concept so simple in logic yet so powerful in implication that it underlies the entire modern global trading system. This is the Theory of Comparative Cost — and it explains why countries, companies, and even individuals should specialize in what they do best, even if they’re b…
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Today we’re exploring a foundational model that tries to answer a huge question: What drives long-term economic growth? It’s called the Solow Growth Model, and it’s one of the most important tools economists use to understand why some countries grow rich, while others stay poor — and what it takes to sustain prosperity over time. Let’s get smarter.…
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today we’re looking at a concept that’s as provocative as it is controversial — a theory that asks: Does inequality get worse before it gets better? It’s called the Kuznets Curve, and it’s been central to debates about growth, fairness, and whether rising prosperity naturally leads to a more equal society. Let’s get smarter. What Is the Kuznets Cur…
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Today we’re diving into a concept that transformed not only economics, but also political science, business negotiations, and military planning. It’s called the Nash Equilibrium, and it explains why — in many strategic situations — people don’t necessarily choose the best overall outcome… but instead settle on a stable one, even if it’s suboptimal.…
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What Is the Phillips Curve? The Phillips Curve is a graphical representation of the inverse relationship between inflation and unemployment. In its original form, it suggests that: When unemployment is low, inflation tends to rise. When unemployment is high, inflation tends to fall. The idea is that tight labor markets drive up wages, which in turn…
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today we’re going back to one of the foundational ideas in classical economics. It’s a theory that explains why some land is more valuable than other land, why landlords profit even without improving anything, and why inequality in resource ownership can persist for centuries. This is David Ricardo’s Theory of Rent — a simple, elegant model that re…
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What Is Creative Destruction? The phrase was popularized by economist Joseph Schumpeter in the 1940s. In his book Capitalism, Socialism and Democracy, he described capitalism as a system of constant upheaval — where new innovations relentlessly destroy old ways of doing things. His exact words? “The process of industrial mutation... incessantly rev…
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I’m David Peterson from the DMP Strategy Group, and today we’re turning back the clock to explore one of the most influential — and, in many ways, controversial — economic theories of the past 200 years. This is Malthusian Theory, and it’s all about a fear that has haunted societies for centuries: What happens when population growth outpaces the fo…
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Welcome to another insightful episode of Smarter in 10, where we explore the transformative power of the 10-year question. Host David Peterson of the DMP Strategy Group introduces a pivotal shift in career thinking. Instead of being trapped in short-term cycles, learn to shape your professional and personal life by envisioning where you want to be …
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Welcome to another episode of Smarter in 10, where big ideas meet eager minds. This time, David Peterson from the DMP Strategy Group explores the concept of building a career moat, an essential strategy for safeguarding and enhancing your value in the fast-evolving job market. Discover how to construct your personal moat by developing a unique comb…
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today we’re talking about a subject that sits at the heart of your working life: how to find work that actually fits you — not just your résumé, not just your bills, but you. It’s called The Career Compass, and the goal today is not to give you a magic answer, but to help you ask better questions. Because until you get the questions right, you’ll n…
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Today we’re tackling one of the most controversial and politicized ideas in economics: a concept that’s been used to argue for lower taxes, stimulate growth, and at times — let’s be honest — oversimplify fiscal policy. It’s called the Laffer Curve, and it asks a bold question: Can raising taxes actually reduce revenue? Let’s get smarter.…
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We’re talking about Behavioral Economics — and more specifically, how nudges can help steer decision-making without restricting freedom. This is the science behind why you choose the salad or the fries, why you sign up for retirement savings or don’t, and how small design tweaks can have outsized effects on behavior. Let’s get smarter.…
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What happens when everyone acts in their own self-interest with shared resources? In this episode, we explore the Tragedy of the Commons - a fundamental concept that explains everything from overfishing and climate change to traffic congestion and office kitchen etiquette. Discover why rational individual choices can lead to collective disaster, le…
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Monetarism is a macroeconomic theory that emphasizes the importance of money — specifically, the supply of money — in determining a nation’s economic health. The central claim? “Inflation is always and everywhere a monetary phenomenon.” That’s economist Milton Friedman, the intellectual father of Monetarism. Friedman argued that when a central bank…
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Today we’re diving deep into one of the most elegant and misunderstood concepts in economics — a theory that justifies global trade, shapes how countries structure their economies, and even offers insight into how you should manage your time and career. It’s called Comparative Advantage, and it’s far more than a textbook concept — it’s the economic…
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Modern Monetary Theory is a bold rethinking of public finance. It says the real constraint on government spending isn’t money — it’s resources and inflation. Taxes don’t fund spending; they manage demand. Deficits aren’t inherently bad; they’re just the difference between what the government injects and what it takes out. Whether you see MMT as a d…
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Today we’re diving into a concept that sits at the heart of modern finance — a theory that challenges your favorite investing guru, calls into question Wall Street’s smartest traders, and even suggests that stock-picking might be a fool’s errand. It’s called the Efficient Market Hypothesis, or EMH — and it asks one provocative question: Can you act…
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It’s called Game Theory — and once you understand it, you’ll start to see strategic games playing out everywhere. Let’s get smarter. 🎯 What Is Game Theory? Game Theory is the study of strategic interaction. It’s the science of decision-making when your outcome depends not just on what you do — but also on what someone else does. In other words, it’…
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Today, we’re diving into a school of economic thought that champions freedom, distrusts central planning, and sees recessions not as problems to be solved — but as necessary corrections. This is Austrian Economics, a perspective rooted in individual choice, sound money, and skepticism toward government interference. Let’s get smarter. To understand…
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Today, we’re diving into a theory that transformed modern economics, changed how governments handle recessions, and explains why sometimes… the best way to save the economy is to spend, spend, spend. It’s called Keynesian Economics — and whether you realize it or not, it affects your paycheck, your taxes, and your job security. Let’s get smarter.…
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Interest rates influence how much you pay for a car, a house, your credit card, even how many jobs get created and how fast the economy grows. But most people don’t really know how they work, who sets them, or why they change. That’s what we’ll unpack today — clearly, practically, and without the jargon. Let’s get smarter. Let’s start with the simp…
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today we’re answering a deceptively simple question: Why do companies go public? If you’ve ever heard the buzz around an IPO — an Initial Public Offering — and wondered what it really means, why it matters, or how it changes a company’s future, this episode is for you. Let’s get smarter. Let’s start at the top: what does it mean when a company “goe…
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Marketing is everywhere. Billboards. Podcasts. Social media. Emails. Product placement. You can’t escape it — and that’s the point. Today, the average person sees thousands of marketing messages per day, many of them so subtle you don’t even realize you’ve been targeted. And while most people think of marketing as logos, slogans, or flashy commerci…
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Let’s start by answering a basic but powerful question: what is investing? At its core, investing is putting your money to work to earn more money over time. It’s about exchanging immediate spending power for the possibility of greater future wealth. You invest in assets — like stocks, bonds, real estate, or businesses — with the expectation that t…
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At its core, the gig economy refers to a labor market characterized by short-term contracts, freelance work, or on-demand tasks instead of traditional, full-time jobs. It includes everything from Uber drivers and DoorDash couriers to freelance writers, graphic designers, consultants, Airbnb hosts, and even online tutors. The name “gig” comes from t…
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Whether you're trying to buy your first home, rent an apartment, or just wondering why a basic house now costs half a million dollars in many cities — this episode is for you. Let’s get smarter. Let’s begin with the most obvious symptom: prices have exploded. In the U.S. alone, the median home price has more than doubled in the last two decades. In…
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The Peter Principle, and if you’ve ever looked around your office and wondered how some people got promoted — this one’s for you. Let’s get smarter. Dr. Laurence J. Peter introduced the Peter Principle in a 1969 satirical book titled The Peter Principle: Why Things Always Go Wrong. But don’t let the humor fool you — the insight is disturbingly real…
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diving deep into the real science behind superfoods—what they are, whether they're worth the hype, and how they genuinely affect your health. We’ve all seen headlines touting superfoods—blueberries, kale, quinoa, chia seeds, acai berries, and more. Claims suggest they boost immunity, prevent disease, improve brain function, and even extend lifespan…
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today we’re exploring one of the most pressing questions of our technological age: How will artificial intelligence shape the future of jobs? Artificial intelligence is no longer futuristic—it’s here, shaping daily life. From virtual assistants and automated customer service to sophisticated data analysis and self-driving vehicles, AI increasingly …
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Over the past decade, few scientific breakthroughs have generated more excitement—and ethical concern—than CRISPR. Standing for "Clustered Regularly Interspaced Short Palindromic Repeats," CRISPR began as a bacterial immune mechanism and evolved into a precise, powerful gene-editing technology. CRISPR essentially acts as genetic scissors, allowing …
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uantum computing sounds like something out of a science-fiction movie. It promises to revolutionize how we solve complex problems, from medicine and logistics to encryption and artificial intelligence. Yet for many, the term "quantum computing" feels mysterious, abstract, and complicated. Today, let’s demystify quantum computing, understand how it …
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ver find yourself overwhelmed after a long day of decisions—big or small—and notice your ability to make smart choices deteriorating as the day goes on? You're not imagining things. Decision fatigue is very real, scientifically proven, and significantly impacts your daily life. Decision fatigue refers to the deteriorating quality of decisions made …
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We've all heard the cliché: "You never get a second chance to make a first impression." But how much truth is there in that statement? And if first impressions truly matter so much, what's actually happening in our brains during those crucial first moments? Science confirms that first impressions are incredibly significant. Researchers have found t…
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