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In a business climate shaped by rapid technological disruption, shifting geopolitical landscapes, and evolving customer expectations, strategy cannot remain static. JD Carter, Chief Strategy Officer at Vasion, believes the key to success lies in constantly aligning vision with execution while adapting to market realities in real time. In this conversation, JD shares how his role involves continuously monitoring external signals such as technology shifts, regulatory changes, and economic pressures, then translating those insights into operational action. We explore his approach to looking beyond the company vision by breaking it down into achievable missions that link long-term goals with day-to-day work across cross-functional teams. A major focus of the discussion is AI readiness and how organisations can move beyond hype to real impact. JD outlines a five-stage process for becoming AI-ready, starting with digitising and centralising documents and data, followed by cleaning and structuring information for use with large language models. He explains how automating repetitive workflows, modernising infrastructure, and ensuring interoperability across systems such as ERP and HR platforms create the foundation for orchestrated automation at scale. Governance and access controls complete the picture, ensuring that AI deployment meets both internal and regulatory standards. We also look at how Vasion balances short-term market needs with a long-term platform vision. JD describes how leveraging the company's market-leading print infrastructure products supports current growth, while investing in R&D drives the development of a multi-product SaaS platform designed to integrate AI across the enterprise. A customer-first mindset shapes every decision, from pricing to product development, with continuous engagement through advisory boards, surveys, and direct conversations ensuring that partner strategies align with customer priorities. To illustrate these principles in action, JD shares how Vasion responded to market demand for system-generated print job support by developing a SaaS-based output automation product. This pivot addressed a gap created by ERP and EMR vendors moving customers to the cloud and positioned Vasion at the start of its multi-product journey. We discuss the signals leaders should watch to keep strategy relevant, including shifts in customer behaviour, the pace of technology adoption, and internal friction that may indicate misalignment. JD likens strategy to a GPS system, with vision as the destination and constant recalibration required to navigate roadblocks and changing conditions. The conversation closes with a focus on embedding strategic agility into company culture. JD explains Vasion's Missions of Aspirational Performance system, which connects corporate values directly to execution by breaking down strategic goals into work that individuals can see contributing to the bigger picture. He also shares his personal three-pronged approach to continuous learning, combining formal education, informal learning, and mentor-driven guidance. This episode offers practical insight for leaders navigating uncertainty, balancing present-day demands with future opportunity, and embedding adaptability into the DNA of their organisations.

Bryan Murphy, CEO of Smartling, confronts a $40 billion industry stuck in the slow lane, the world of translation. Most companies still handle translations like it's 1999: manual, expensive, and painfully slow. Bryan saw AI as the game changer that could rewrite the rules, but integrating it wasn't a walk in the park. He shares how Smartling harnessed AI to not just cut costs and speed up translation but to finally boost quality close to human-level precision without losing control over brand voice or nuance. Yet, making this leap meant upheaval: reorganizing teams, hiring AI experts, and establishing ruthless R&D discipline to separate winning ideas from distractions. Thanks for tuning in! New episodes of Topline drop every Sunday and Thursday. Don't miss GTM2025 — the only B2B tech conference exclusively for GTM executives. Elevate your 2026 strategy and join us from September 23 to 25 in Washington, D.C. Use code TOPLINE for 10% off your GA ticket. Stay ahead with the latest industry developments and emerging go-to-market trends with Topline Newsletter by Asad Zaman. Subscribe today. Tune in to The Revenue Leadership Podcast every Wednesday, where host Kyle Norton talks with real revenue operators and dives deep into what it takes to succeed as a modern revenue leader. You're invited! Join the free Topline Slack channel to connect with 600+ revenue leaders, share insights, and keep the conversation going beyond the podcast! Key chapters: (00:00) - Introduction to Bryan Murphy and Defining the Translation Challenge (02:30) - The Hidden $40B Translation Market and Its Untapped Potential (04:00) - The Evolution of Translation Services: From Manual to AI-Driven Automation (06:00) - Early AI in Translation: Faster and Cheaper, But Not Yet Better (08:00) - Defining Quality: The MQM Standard and Bridging AI-Human Gaps (09:20) - Human-in-the-Loop AI: Boosting Translator Productivity Tenfold (10:30) - Full AI Translation Approaching Human Grade: The Game Changer (11:45) - The Future Mix: Human Expertise vs. Automated Scale in AI Translation (13:00) - Unlocking Market Expansion Through Improved SEO and Digital Footprint (15:00) - The Moment of Truth: Recognizing GPT's Impact and Rolling Out Rapid Innovation (16:30) - Founder's Speed: Breaking Plans and Aligning Teams for Urgent AI Adoption (18:00) - Overcoming Organizational Challenges: From Excitement to Structured Execution (20:00) - R&D Reimagined: Timeboxing Experiments With Clear Metrics to Avoid Spinning Wheels (22:00) - The Discipline of “Customer-First” in AI Development and Roadmapping (24:00) - Leadership Lessons: Listening Without Losing Vision Amidst Painful Change (26:00) - Winning Customer Trust: Betting On Proofs of Concept Against Skeptics (28:00) - Personal Insights: Favorite Leadership Books and the Role of Intellectual Curiosity (29:30) - Staying Sharp: Daily Reading and Customer Conversations as Strategic Tools (31:00) - Managing Stress and Longevity: The Art of Mental Compartmentalization for Founders (32:30) - Final Thoughts: The Unseen Power of Humility in Leadership and Continual Learning (33:00) - Wrap-up and Invitation to Follow Smartling's AI-Empowered Evolution

Derick Van Ness of Big Life Financial returns to the podcast to discuss with Kiera the new realities of the recently passed One Big Beautiful Bill — and how dentists can capitalize on the impacts. They discuss bonus depreciation, research and development credits, and more. Further, there's an opportunity for DAT listeners at biglifefinancial.com/DAT, where you can learn if you're overpaying on your taxes and what new opportunities exist. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript Kiera Dent (00:00) Hello, Dental A Team listeners. This is Kiera. And today I'm excited to welcome back a popular guest. He and I have chatted multiple times. We've gone around and around on different topics of how to help dentists build more wealth. So Derick, ⁓ with Big Life Financial, we talked about our research and development credits. Today we're going to be talking about this big, beautiful tax bill, how it's going to impact dentists, how it's going to impact building wealth. I do think it also impacts team members. So Derick, welcome back to the show. How are you today?   Derick Van Ness (00:29) I'm great, Kiera. I really appreciate you bringing me on the show again. It's always fun to talk.   Kiera Dent (00:34) Of course, we all know that I love wealth strategies. love ⁓ it takes time like you and I were talking about pre show. ⁓ I think it's something to educate ourselves on and to be around really smart people and to constantly be looking at different things like I know hot in the real estate world right now and with buying businesses and buying practices, the big beautiful tax bill is actually great for the bonus depreciation coming in. So just like educating ourselves and that's what I wanted today to be.   not getting high into politics. These are bills that are into place ⁓ and how to take advantage of them, how to maximize them. Derick, you work with a ton of dentists. So Derick, for those who don't know, you kind of give a little bit background on how you and I even got connected, how you got into dentistry, ⁓ how does Big Life Financial play into this. We have a lot of mutual clients together. So just kind of give people a background on who you are and how you got to the dental space.   Derick Van Ness (01:26) Absolutely, you know, I started out back in like 2010 2009 2010 helping small business owners with taxes and financial strategy I was working for another firm at the time and I had been a house flipper and if for those of you who remember 2008 wasn't so good if you're a house flipper, right and When that whole thing fell apart kind of fell in my head I took a lot of the skills that I had and a friend of mine hired me to help   Kiera Dent (01:46) It is not.   Derick Van Ness (01:55) small business owners with taxes and financial and business strategy. ⁓ Working with them, I had a chance to work with about 1,500 business owners over seven years. And then eventually went out and started doing my own thing because there were some different things that I wanted to do that they didn't offer. ⁓ essentially, in that time, I worked with a lot of dentists and a lot of doctors. ⁓ And so I kind of stayed in that arena, which led me to ⁓ meeting you, Kiera.   through Mark over at DSI and all the stuff that I'd done with him and then found you guys and just love what you guys do with helping people to build their teams. Cause I'm such a huge advocate of how important that is to have the right team to run your practice, right? Especially if you're going to have multiple practices, it just can't be about you. And so it was just kind of a natural fit. And like you said, you, you definitely love financial strategies. So.   We got into it, we talked about a bunch of different things, had a chance to work together. Like you said, have shared a lot of clients along the way, but it just seems like dentists have a lot of the problems that we solve, which is they pay a of taxes, they make good money, and most of them didn't get an MBA in college to understand how business and finances work. They've had to learn along the way. And so we see ourselves as part of that process of helping dentists become.   better business owners, better entrepreneurs, and honestly create freedom in their life instead of just having a business that runs them, because it's easy to have that happen in dentistry. So that's sort of how we got connected. I don't know, over the last, since whatever 2008, 2009 was, last 15 plus years, I've probably worked with somewhere between 2,000 and 2,500 business owners. I would say a good chunk of those have been dentists. So that's how we ended up together.   Kiera Dent (03:48) Yeah.   I love the journey. love hearing what you've done. I also agree on like building wealth. And I think going through dental school, working at the dental college, dentists are coming out with, you know, upwards of 500, 600, 700, $800,000 in debt somewhere up towards that upper million. Midwestern was a very expensive school. looking at that and then watching offices and I remember the first dentist that I worked with and we were partners. We, called her 2.5 because we were 2.5 million debt.   Derick Van Ness (04:03) Cheers.   Kiera Dent (04:18) was like, you better straighten that spine 2.5. Like we need that spine for a long time. But it was something where I realized like, that's a substantial amount of debt. One to walk out of school with two you buy a practice on top of that and then you want to try and like even remotely live your own personal life. It just felt like the odds are possibly stacked not in a dentist favor. I've had several dentists where this is the case where they're multimillion in debt, trying to get these practices off the ground. And so really coming up with   Derick Van Ness (04:43) Mm-hmm.   Kiera Dent (04:47) like yes, long-term, if they make it, awesome. Hopefully it will pay off for them. But what are maybe some strategies and tips that they can do now? I think like so many of us look at real estate and wish that we would have gotten in at the 2008 because now you're selling them out or even in 2020. And so it's like, what can people do now, even if they didn't maximize or we didn't buy practices back in the day when they were so cheap, they were pennies on the dollar. What things can we do now to maximize? I was even talking to this girl the other day.   And she's like, yeah, my baby was born on New Year's Eve. And I was like, wow, talk about a great tax write-off. And she's like, I didn't even know that that was a tax write-off. I didn't even know the benefits of things. And so I feel like just so many little pieces that could make us smarter business owners to, I'm here, I love living in the United States. I love paying taxes for the country that we get to live in. I love the opportunity that we have to be business owners. With that said, I also think it's smart for us to be very wise stewards over our money to figure out different strategies.   And no, it's not sexy. No, it's not fun. A lot of it is just like save, like invest, do the things you're supposed to do. And it's going to be part of what is it? Like the eighth wonder of the world of compound interest. Like there are other pieces, but Derick, like, let's talk about this big, beautiful tax bill. How does this work? How does this impact business owners? What are some of the benefits we can take care of? Now we're talking in 2025, things will change and shift as the landscape shifts, but knowing that's in place, what are some of the things dentists owners can do now?   to maximize that coming out.   Derick Van Ness (06:18) Yeah, you bring up a good point, Kiera. You know, it's not that this stuff happens overnight, but it is, it's systemic, right? You're doing it day in and day out. And tax is one of those things, whether you like it or not, you have to file them every year. And I'm not going to lie to you, that's part of what I like about being in the tax world is people have to do it every year. It's a pretty good business model that way, right?   Kiera Dent (06:30) Right.   I   was gonna say you've got the reoccurring opportunities because it has to happen every year just like dentists have profis every six months. I mean it's a great built-in business. mean kudos to you. I don't enjoy it but it is a necessary evil to be done.   Derick Van Ness (06:52) I totally get that. If you would have told me you're going to work in taxes even 15 years ago when I first got into it, I would have said absolutely not not interested. But what I can tell you is every dollar you make in taxes is the same as a new dollar you make in your business. Right. But you don't have to have employees and risk and additional insurance and additional equipment and all this other stuff. So it really is pure profit when you can reduce your taxes. So   even a small amount of tax strategy can go a very long way in increasing what you get in the bottom line, right? And if you could just take a lot of dentists across the country, they're in the 40 % tax bracket, maybe a little higher or lower depending on your state, but somewhere in that range, if you could even lower that by 10%, that's keeping an additional 10 % of your income. That's a lot of extra money for people to be able to save and put to work without having to go do more risk and...   buy a bigger building and do a build out and deal with more personalities in the office because all of those things are variables, right? So I see it as a pure profit machine if you get it right. And so I've chosen to think it that way because I spend so much time in it, but it really does come down to just keeping a lot more of the money you make. And it's a very potent way to do it because honestly, with 10 to 15 hours a year, so think of that as like one hour a month.   you can really add a lot to the bottom line of what you get to keep. In some cases, we can cut taxes almost in half for high, high income earners. So it's a pretty big deal.   Kiera Dent (08:25) Well, and as you said that I think it's a big deal for today because yes to have that back to you is great. But like we talked about compounding, compounding until you've experienced compounding seems like not real. Just like I think when like you have bought your first house and it's like, how am I ever supposed to do this and make money on it until you bought your first practice? A lot of those things I think feel ⁓ arbitrary, they feel false. And then once you get into the compounding world and you're like, my gosh, like   we're making money without having to do anything. It's like, yeah, I could save on my taxes in a legal, ethical way, have more money at the end of the year that I could then put towards this, like you said, make it work for me. Well, now that it's just duplicating, it's multiplying, it's replicating, those things to me are things I get excited about. Those are things that I look for, because I don't think there's a lot of money.   I call it the money making machine. What things can we put into your money making machine to where it's working for you day in, day out without you having to do any extra work? I think all of us check yes, let's say yes to that. So Derick, let's talk about how we can create more of these money making machines, putting our money to work for us rather than constantly trying to chase the money dream to where at the end of our careers and even during our careers, we're living the lives that we wanted to get to when we first started out into these careers.   Derick Van Ness (09:29) Yep.   Yeah. And I can tell you guys this, if you only walk away with one thing, it's the idea if you want to build wealth, you need to create systematic savings, right? Systematize putting money aside, whether that's actually savings account or investing or however, but just getting money out of the spending cycle and into the building cycle. And it's like watching your child, right? Like in the beginning, kids grow and it's like day to day, you don't see it, but year to year,   it starts to make a bigger and bigger and bigger difference. And then, you know, when they're teenagers, you're just like, what's happening, right? So it's the same kind of thing with your money. In the beginning, if you're just watching a day to day, you don't really see the growth. You have to trust the process, right? But the biggest thing you can do is put that on autopilot, because if you have to automatically go into your bank account every month and move money over or every year, move money over, it's much harder. And like writing,   Kiera Dent (10:28) Mm-hmm.   Derick Van Ness (10:42) 25, 50, 100, $200,000 checks feels hard. Setting aside 2,000, 3,000, 5,000, $10,000 a month, and then you cut that in half per pay period, and all of a sudden it gets a lot easier. It's like, oh yeah, $1,000 a pay period, not that big a deal. Much easier than writing a $25,000 check, right? Or two or $3,000 per pay period. It really does add up. And that's where the tax piece comes in is, in many cases, it's like found money. I try to teach our clients to...   Kiera Dent (10:46) Mm-hmm.   Derick Van Ness (11:11) save like you're going to pay full blast on taxes. And then when we do the tax strategy, all this money is left over. And so it feels like extra money, and then you can put it to work, right? And that's where you do get to play with some bigger chunks. ⁓ But really, it's that habit of automating, setting money aside. If you can just only take one thing from this, it's that. And taxes can create a huge amount of that for you along the way. So let's talk about the tax bill, right?   Kiera Dent (11:24) Mm-hmm.   Yeah,   let's talk about it. And I just want to highlight on that, Derick, of I was talking to a CPA the other day on the podcast and he talked about how like there's a different psychology of business owners. ⁓ We go from getting a W-2 paycheck that we're used to being able to spend all of it because taxes have already been taken out to them becoming business owners and not having taxes automatically taken from that and needing to be super disciplined on saving. And so I agree with you. And when I realized like,   I got so annoyed when I'm like, great, so now I never get a refund check ever again in taxes. I was like, no, actually it's actually so much better now than it ever was. Because if I just set it aside, I'm like, taxes are pretty simple. I guess there's some nuances to them, but it's pretty much like whatever tax bracket you are, take your profit at the end of the month, set that aside. And lo and behold, if you do the tax planning strategy, like you said, usually I'm ending up with a pretty good substantial chunk at the end of the year that I count as my like quote unquote, like   the refund check or whatever. It's been so long since I've gotten one that I don't even know what it is. But it's awesome because then you have this huge lump of money because you've been saving it. You weren't expecting it. All your expenses in your life is taken care of to where now, like you said, it is really fun. Is that an investment? Is that buying something that I've always wanted to get? Is that real estate money? Because the amount of cash, if you are strategic in how you do it, is exponentially substantial.   It is truly life-changing. So I'm excited, Derick. Let's talk about the tax bill, but I will second you and ditto you and just say, yes, there's discipline to it, but that discipline equals so much freedom on the other side that just try it. Trust us on this. Save, learn to save on it and ⁓ be blown away at how much you're able to have at the end of the year if you do it really well.   Derick Van Ness (13:25) Yeah, I 100 % agree and I love your approach, Kiera. That's exactly what we try to teach with people. So let's talk about the tax bill, right? There's a ton of stuff that's in there that we're not going to touch on because like the child tax credit go up $200 a year. Yes. Is that going to move the needle for you as a business owner? Not really, right? Is there a little bit for senior tax relief in there where there's $6,000 of income that they don't pay taxes on? Yes. Does that really matter for you? Probably not, right? So we're going to...   Kiera Dent (13:33) Okay, let's talk.   Derick Van Ness (13:55) we're going to talk a little bit about a couple of key things that can really move the needle. One of them you alluded to, Kiera, that I think is really important is the idea of bonus depreciation, right? People who don't know what bonus depreciation is, it's when you buy certain types of equipment or real estate, you can take all the depreciation in the first year, right? And that can be ⁓ a huge chunk, especially when you combine it with something like cost segregation. For those of you who don't know what cost segregation is, the two really   Kiera Dent (14:04) Mm-hmm.   Derick Van Ness (14:24) work well together. So I think it's worth taking just a sec, even though it's not new, it really enhances this strategy. ⁓ Cost segregation is when you have a piece of real estate, you bring in an engineer, and there are companies that do this, right? So you don't have to know all this stuff. ⁓ But they come in, they reclassify as much of your building as they can as equipment. And so what you get to do is depreciate a portion of the building, the stuff that's equipment much more rapidly. So a lot of times five, seven or 15 years.   versus either 27 or 39 and a half years. So you get a lot more depreciation on the front end. It's not like you get more overall, but money today is worth a whole lot more than money 20 or 30 years from now. You can invest it and use it to grow your business, et cetera. But then when you add bonus depreciation to that, you can get a lot more of it in the first year. what this really means is if you're   Kiera Dent (15:06) Mm-hmm.   Derick Van Ness (15:21) buying the right kind of equipment or you're buying a building or you're doing big improvements, you can get a lot more depreciation and that depreciation can save you in taxes, right? And this is one that I feel like most CPAs kind of get bonus depreciation, but a lot of them don't bring in the cost segregation piece. So if you own a piece of real estate, especially if you bought it in the last few years and you haven't done a cost segregation study, this is something that you would have to know about because someone has to physically come to your building. If you haven't done one,   Kiera Dent (15:39) Mm-hmm.   Derick Van Ness (15:51) should talk to your CPA about it or talk to someone about it. I'm sure Kiera knows people, we know people, there are plenty of people out there who do it. But that's something worth looking at, especially if your building's worth, I would say, $250,000, $300,000, and you've had it less than five years and you haven't done this, yeah, it's totally worth looking at. It could be a real nice windfall. So that's a big one. It had been in place, then it started phasing out from 100 % to 80 % to 60%.   Kiera Dent (16:04) I   Derick Van Ness (16:20) but now we're back at 100%. So this is a big one, especially if you own your building or you're buying a lot of equipment. ⁓ Another really big one is the SALT tax. Now, people hear SALT tax and they're like, what? They're thinking of like the SPICE, right? SALT stands for state and local tax. And really to simplify this, and there's kind of a workaround in almost every state where you can do it as a pass-through setup. And essentially what that means is,   Kiera Dent (16:27) Mm-hmm.   Bye.   Derick Van Ness (16:49) If you pay all your state taxes before the end of the year, those state taxes become a write off for your federal taxes. Now this was in place up to $10,000. So if you were in a 40 % tax bracket, it could have saved you $4,000. Now it's up to 40,000, four zero, $40,000. So if you're making a lot of money or you're in a high tax state, you can pay those state taxes before the end of the year and it creates a federal tax write off.   And so like if you were in a, you know, paying in a 32 % tax bracket and you paid $40,000, it's going to save you, you know, between 12 and $13,000 in taxes that year, which is pretty significant for found money. All it has to be done is you have to pay those taxes and then your, your CPA or your tax pro has to claim that. Right. So that's another big one that got raised and you probably heard a lot about it in the news because   People were trying to get it raised higher and some people thought it should be lower. It really does favor business owners. It's not something a person who doesn't have a business can do. And that was part of the controversy, right? ⁓ But at the end of the day, it's law. So you should be taking full advantage of that.   Kiera Dent (18:03) I feel like that definitely impacts like the high state tax ⁓ states like California, New York, like some of those bigger ones, definitely because I live in Nevada, it's a no state income tax state. So if I understand correctly, Derick, and this is where I love bringing smart people on, the salt tax doesn't apply to me per se in Nevada, because we don't have state income tax. Is that correct? But in those higher ones, it definitely helps you out tremendously by being able to take those those credits and apply them.   Derick Van Ness (18:32) That is correct, yeah. And like another really high one is Oregon. They have quite high state tax, whereas Washington has none. So yeah, that doesn't apply to everybody. But if you're in a state that has even medium, like I'm in Utah, income tax there is right around 5 % for the state. It's still significant, right? You can still do up to the same amount. You'll just get there slower than if you're in California.   Kiera Dent (18:36) Mm-hmm.   I agree.   Right.   Derick Van Ness (19:00) Once again, just one of those things like you talked about, know, having kids or, you know, having the ADA like disability access to your building or a lot of these other things that like there are a bunch of little things, but they really do add up doing the Augusta rule. I'm sure you guys have talked about a million times and paying your kids properly. And we have a whole strategy of actually how to help people use tax strategy to pay for their kids college, which is a pretty cool one using some of that.   Kiera Dent (19:15) Mm-hmm.   Derick Van Ness (19:29) But those aren't part of the tax bill, so we won't dig into that today. ⁓   Kiera Dent (19:32) But they   are smart things to know because as you're listing it off, I think when someone's making, let's say your practice is doing a million, let's it's doing 2 million, 5 million, let's say you're at a 50 % overhead, let's just do 5 million, that's 2.5 mil. Not all of that's going to come to you as profit, but let's use like, it also could be coming to you as profit, even if it's in the form of distributions and different pieces. I'm like,   Derick Van Ness (19:42) Mm-hmm.   Kiera Dent (19:55) on that 2.5, if that's your taxable income, now let's just do, let's say you're in the highest, like that would put you in the highest tax bracket. So we're at a 37%. Like that's almost a million dollars worth of tax money right there on 2.5. So I understand that say 12 grand doesn't seem like that much, but I'm like, but 12 grand is still going to chip down this tax bill. And then you do another 20 grand here, then you do another 15 grand here.   All of that does exponentially chip down and like the bonus appreciation. That's why I think Derick, you're talking like the $200 on a million of taxes, not really going to move the needle, but 12 grand, 15 grand. It's the stacking and being able to keep that money. You have to pay this tax no matter what. And why not like benefit and minimize and reduce it and keep that money. then even worst case scenario, you even go invest it or you put it somewhere like a high yield savings account, but still making 4 % for you.   that you wouldn't have been making so that money's working for you. I think it's a no brainer ⁓ no matter what tax bracket you're in just to see. But like I also think this is where I don't like to get lazy on my taxes like, is it really worth doing the Augustus roll? Yes, it is. Because like you said, every dollar saved today, if I could even take that 600 or that 2000 or that 12 grand, put it in right now, like go back to college. How many of us wish we would have invested at that point in time? 20 bucks when we were in college.   Derick Van Ness (21:02) You   Kiera Dent (21:19) into the stock market and what that would be worth today, I think that there's just value in being strategic and smart and this is how you build wealth. It's not sexy, but if you do it consistently, you will exponentially become wealthier much faster than otherwise. I think it's the fastest way to get to wealth long term because you've got a runway in front of you.   Derick Van Ness (21:38) Well, I'm going to throw something out here, Kiera, because I get to see behind the scenes, right? I work with a lot of successful dentists and dentists have a really good income. Dentists generally are not great at creating wealth. I'll just be totally honest with you. A lot of them, they make enough money that they, ⁓ they can spend and they have a good life and they're able to put some money away, but proportional to their income, a lot of them are not great savers because of exactly what you talked about. A lot of them make all this money, but they got to pay off a lot of debt.   Kiera Dent (21:42) Mm-hmm.   I would agree.   Derick Van Ness (22:08) right, student loans and a business loan. Well, that's a lot of cash flow, especially in the first five years going out of lot of people's pockets. So a lot of times I'll see a dentist and they're making, let's say they're taking home $500,000, which is very common. ⁓ But you look at their investments and everything and they've got 300 grand saved. And they've been at it for 10 years and you're like, what happened? it's they paid off student loans, they paid off business debt.   Kiera Dent (22:27) Mm-hmm.   Derick Van Ness (22:33) They've had to invest in equipment along the way. They've had to remodel their office. They bought a house. You know, and they have some nice things. But now when you start going back and saying, hey, we can do this, this, and this, and now you get to save an extra, let's go really, really low, an extra $20,000 a year. Okay. I did some math the other day for our newsletter, $20,000 a year. If that's what someone saved and they just put that money to work at 7%. Over 30 years, they'd have $2.1 million roughly.   Right? So it's like, it's not, it doesn't appear to be a huge thing, but over time it really does add up. And to be quite honest, someone who makes $500,000, I can think of a bunch of ways that are outside of the new tax bill, things we've been doing for years that can really save them a whole lot more than that. And so for a lot of people, like if somebody is making two and a half million dollars, there's actually some advanced strategies that can really move the needle in a big, big way. But these small things like paying your state tax by the end of the year,   It takes you five minutes and you saved 13 grand. Okay, that's a big deal. Doing, making sure you're paying yourself properly so that you don't end up paying self-employment tax unnecessarily on more of your income than you. Okay, that's another seven, 10, 15, 20 grand. ⁓ Paying your kids, Augusta rule, bonus depreciation. Okay, now all of sudden we took a bill that was maybe 120,000 of taxes for someone who makes 500 grand and now they're paying 50.   Kiera Dent (23:34) Hmm.   Derick Van Ness (24:00) So they kept 70,000. Like that's a big deal. You put that together and using the math I just did there, that's about $5 million over 30 years, right? So it's significant and I bring up the two and a half million thing, because I don't see a lot of dentists. I have a few clients that make that kind of money, but most of the dentists, especially people who own one or two practices, they're making between on the lower end, maybe 300, 350, on the higher end, maybe 800, 900,000.   Kiera Dent (24:00) Mm-hmm.   Mm-hmm.   I agree.   Derick Van Ness (24:29) You know, so suddenly an extra 50, 70, 80, $100,000 a year is a lot of money. It makes a really big difference.   Kiera Dent (24:37) I agree.   I even think though, on no matter where your bracket is, I think like, well, one, I just hope I don't know, Derick, I need to surround myself with people like this. I hope that no matter what income I make, I don't ever like pish posh 70 grand. Like I just hope I hope I never I mean, I hope that I'm a freaking billionaire at one point in my life, like that'd be incredible. And like the amount of good that we'll be able to do in this world, like even today. But I'm like, I hope that I stay   humble and grateful enough that I would never say like 20 grand or 50 grand is not worth my time to do ⁓ in a small effort. ⁓ And so I think that that's just a zone of like, let's remember the humility as well of like, yes, these things are tax savings, but they're also going to exponentially grow you, you, your practice, your family, like your contribution, your good that you're able to do in this world. So even if you're not using it for yourself, think of the good that you can give back to this community in this world. So I think   And then I'm also like, yeah, and if you're at 300, 70 grand is a lot. If you're at 900, 70 grand should still be a lot. If you're at 2.5 million, 70 grand should still be a lot for you to where I think like, I also feel it's a skill of staying sharp rather than getting lazy and sloppy as we evolve. I know I've done it. Like I used to be way more scrappy when I first started the company and I'm like, yeah, well, do we really have to do all this? And it's like, but I think this...   sharper we can keep ourselves and the more disciplined we can to be expert saviors. Like I talked to Ryan Isaac of Dentist Advisors often and he and I talk about like the biggest thing is like being a great saver, like building your wealth, but then also not losing your wealth by doing dumb things or not being disciplined and watching what you've built. Like it's kind of two sides of the coin and being able to get there at the end of the day, I think is what we're all striving for. So I think it's brilliant and I hope that nobody says pish posh to us.   Derick Van Ness (26:12) Mm-hmm.   Kiera Dent (26:34) 70 grand if we could save you that much in taxes.   Derick Van Ness (26:37) I sure hope not, right? And if you do, it's because you've got a better use of your time than that. But quite frankly, most of this stuff, especially taxes, the cool thing is we've had a few tax rewrites in the last, you know, 10 years or so. But typically we don't have a lot of tax rewrites. So once you know the rules, it doesn't change that much year to year. A few little things change here or there, but for the most part, if you can take the time.   get yourself the right team or learn the rules yourself. mean, I think even people who know how to do this themselves, having a good tax pro on your team can be worth a lot because things do come up. ⁓ But honestly, most of it, once you know it, doesn't take a lot of time, right? We're talking a couple hours a year. And if you know what you're doing, a lot of this you kind of do along the way or it's already set up, like setting the money aside for taxes that's already set up, paying before the end of the year. That's just the thing you do one time, you write one check or make one payment online and   Kiera Dent (27:17) Mm-hmm.   Derick Van Ness (27:32) and you're done, right? And a lot of these things are easy. ⁓ Another one that's a really big one that came up with the tax bill that I'm very excited about is they brought back the research and development credits. And this is another thing that for a dentist, it'll probably take you two hours of time ⁓ to do it, like an hour to work with someone to do the projects, which is basically an interview of what have you done, what's the research so that the tax team can look at that.   Kiera Dent (27:43) Mm-hmm.   Derick Van Ness (28:00) And then just getting your tax returns over because not only do these credits come back, but you can retroactively, we've got one year to do this retroactively. You can go back and claim the credits for 2022, 2023 and 2024. And so that gives us three years where you can amend and go back and get that money. And I mean, for a typical dentist, I see on the low end, there are a lot of them. If you're investing in equipment, trying new stuff, which   Kiera Dent (28:15) Wow.   Derick Van Ness (28:29) most dentists to compete have to be doing today. If you're doing, you know, still doing mercury fillings from the seventies, then maybe that's not you. But most people who are listening to your podcast are...   Kiera Dent (28:32) Mm-hmm.   I was going to say you, most of the podcast   community should be in that realm.   Derick Van Ness (28:44) Yeah, I'm kind of joking, but typically, I mean, it's between $10,000 and $20,000 a year. if you have a big practice, I mean, we've had clients that have gotten multiple six figures back because they did some major overhauls and a bunch of stuff. But let's call it $15,000 to $20,000 a year for a lot of dentists. It takes 45 minutes to do it, the interview, and then a little bit of time to review that, make sure it's good.   So let's call it two, maybe three hours of total time to get that money back, right? And you can do this every year when we amend. You have to amend them and they go back to the IRS. And the IRS is taking about a year to get checks out. They're a little buried ever since COVID. They got behind and they just never caught back up. But once you get on top of that for 2025 and beyond, like you can just do it proactively. You just don't pay the taxes. You don't have to wait for a refund.   And so it's another one of those things where you spend an hour or two a year and you get 10, 15, 20, $30,000 a year that you just get to keep. Right. And so this one to me is a huge one for dentistry because the rate at which the industry is changing, right. Uh, went from, from cone beams to milling people, milling their own crowns. Now it's 3d printing pretty soon. It's going to be, you know, a lot of these things you see at the shows with the robots doing things and all kinds of different things that   Kiera Dent (29:50) Awesome.   Totally.   Derick Van Ness (30:12) Dentistry is a very progressive industry, right? A lot of AI coming in with answering phones and scheduling people and answering questions and all of that kind of stuff. You may as well get credits for it. You're doing the work, you're buying the equipment, you're figuring this stuff out. So if you're doing anything where you're upgrading, trying new technology, looking to get better, faster, more efficient, you're probably accruing the credits. ⁓ And it's just something you don't want to miss out on. R &D credits are... ⁓   not as well known as they could be because it's very much a specialty thing and it's relatively new to the tax code. It only became permanent in 2015. It's been around since the 80s but it changed a bunch and became permanent then. And the reason we didn't do it through 2022 through 2024 was there was a change in the 2017 tax code and you know they gave tax breaks.   Kiera Dent (30:43) Mm-hmm.   Derick Van Ness (31:07) to corporations, they had to make it up somewhere. And this was the place where they said, if people claim R &D, they also don't get to write off all the expenses without going into all the detail. It just wasn't worth doing. Now we can go back and recover that. Congress didn't think it was even going to become a law. I think they thought they were going to amend it. And then COVID happened. And they sort of forgot about it. So it became a law in 22. Anyway, this is all fixing it. So to me, this is a huge one. It's an easy win for a lot of a.   Kiera Dent (31:18) Yeah.   Derick Van Ness (31:36) a lot of dentists to be able to go out and just get a bunch of money back in taxes you've already paid for stuff you've already done. And it's pretty minimal effort. ⁓ There are lot of different people out there who do it. We do a free estimate for people so they can kind of see what's on the table. But yeah, it's pretty straightforward. To me, that's probably the one specific to dentistry that's going to apply to almost everybody listening almost every year. And so   I kind of saved it toward the end here because I think it's the big win. know, the others, the bonus depreciation can be bigger, but you're probably not buying a business or massive amounts of equipment every year. But if you are, then that's going to be a huge one too.   Kiera Dent (32:20) Yeah. No, Derick, I love that. And I did some math because you talked about like one hour approximately per month to do these things. And I just I did some really, really conservative numbers. So I was like, if we were doing 20 grand of how much we get for tax savings of like actual dollars to you. And that was in 15 hours a year. That's 1333. So about 1400 per hour. And so thinking about a dentist who's producing 1400 per hour.   That's actually, that's a pretty high production. You're producing about $11,000 a day as a dentist at that rate. Then I was thinking like, okay, the R &D is 10 grand, 20 grand in two hours. That's now producing $10,000 an hour. I was like, that dentist would be producing $80,000 a day. Just to put in comparison of your dollar per hour on production, you apply that to your tax savings. I think that it's to me,   Not all dentists are even producing $1,300 an hour. Even very, very skilled dentists, like 500 to 1,000 is actually pretty great. That's what we try to target for doctors to do. 8,000 a day is a pretty good amount. So when I just did the quick math and I'm like, a lot of dentists are not working five days a week. A lot of you are working four days a week. So if you just added this as part of your CEO time, one hour per month to dedicate to this.   What's the ROI of that time? think it's very well worthwhile. And I will agree with you, Derick. We've had you on the podcast before. That's why I had you come back on, because I am seeing multiple clients get these R &D credits coming through that I just think it's a worthwhile thing. Again, I feel like it's Geico. That's what I feel like right now. Like one hour or like one quick call could save you 10 to 20 grand. I think that that to me, again, let's be sharp. Let's be savvy. Let's make sure we take advantage of these opportunities because again,   Derick Van Ness (34:00) you   Kiera Dent (34:13) Like you've said, the compound of that 10 or $20,000 that you get over the course of the next 20 to 30 years while you're doing dentistry, even if it's five years, even if it's 10 years, ⁓ that to me is so worth your time. I feel like that's the best use of your time you can possibly do as a CEO, as a business owner. So Derick, that's why I want to do back on because I think everybody should connect with you. Everybody should talk to their CPAs about this.   I know you guys do the R &D credits. I also know that you guys do accounting. So if people are looking to connect with you, Derick, like what's the easiest way? Like I'm fired up listening to this podcast. I'm committed to my one hour a month. It's like one and a half guys. So you're gonna have to be a little bit more, but I'm committed to that. Where do I start? How do I get going to make sure that I can maximize this big, beautiful tax bill and also the R &D credits for my practice.   Derick Van Ness (35:03) It's a great question. So we actually set up a page just for Dental A Team listeners, right? So it's just, my company's called Big Life Financial. And we do that, it's not big money financial. Our goal is to help you get money out of the way so you can live the life you're here to live as a human, right? And really spend the family time and make the contributions and express yourself as you want to. But it's BigLifeFinancial.com/DAT. So if you go there, it's a research and development credits   opt in right for the page because I think that's the biggest win. But we will also do, if you would like, a full three year tax review for people. Anybody who wants to see, have I been overpaying? There's a million things we didn't touch on today because they're not part of the new tax bill. There are things that have been around for a long time. ⁓ But we can help you to get a good idea of have you been overpaying and what are the opportunities out there? ⁓ And so that's a great way to start. And then from there, if it seems like you want to   Kiera Dent (35:46) Mm-hmm.   Derick Van Ness (36:03) find out more, you have questions or things come up, but that's a good starting point, right? It's like a diagnostic that gives us a good place to start from. So BigLifeFinancial.com/DAT will set up a free call. It should only take maybe 15, 20 minutes at first just to answer any question. That's great.   Kiera Dent (36:19) 15 or more could save you.   It really fills up, it's true. It's true. Daria, I do have a question though, because people get creeped out by taxes. How often do doing this and looking back at past taxes alert audits within the IRS? Because people creep out about this.   Derick Van Ness (36:37) So doing it,   so the R &D credits, especially this because they literally passed a law and said, yes, you can go back and do it. So there's going to be a ton of people doing it. So I don't think it's going to be any type of audit unless you really weren't doing research, right? But that's what the interview is for, is to help us to identify it. And our team will essentially tell you what does and doesn't qualify. But there's no risk to it, especially because they're saying, hey, yeah, you can go back and do this. You could.   I mean, you could have claimed it before, but nobody did. So it's not going to stand out. also, even in the past, when we've done this for people prior to that law change, I think out of 16,000 filings, there's been like maybe 12 or 15 audits. It's lower. It's even lower than a typical audit range. And I don't know how that's even really possible, but it's just been very low. It's not something the IRS is really worried about. It's not huge amounts of money.   Kiera Dent (37:10) Mm-hmm.   Derick Van Ness (37:35) You know, some of these other strategies care that you're aware of. people are getting 50, 100,000, $200,000 tax breaks and those are much more highly scrutinized. You really doing this work, which dentists do, uh, and based on your industry, I don't think they're really going to bat an eye. It doesn't mean there's a zero chance, but it's very, very low. Just like if you had a piece of equipment, forgot to depreciate it. Now you went back and amended to do that. It's that straightforward. It's a permanent part of the tax code. It's not gray area stuff.   Kiera Dent (37:42) Right.   which is super helpful. And that's just where I wanted to clarify because I know people get kind of weird of like, yeah, I want to save on my taxes, but I'd rather not get audited. And so I think this is a world where you can be both. You can save on taxes legally, just like the Augustus rule. Like that is something very common. People do it if you don't know about it, talk to your CP about it, ⁓ your kids having real jobs. So I feel like it's something where, like you said, it's not talked about as much, but that does not mean that it is not as commonplace or that you shouldn't bonus appreciation on real estate, on big equipment.   Derick Van Ness (38:10) Yeah.   Kiera Dent (38:36) These are things that I also feel this is the time like a political landscape for you as a business owner to take advantage of tax benefits. The person who's in the White House currently, whatever you choose to believe or not believe is very pro businesses in a lot of ways. And so I'm like, if you're ever going to try it based on who's in office, ⁓ I think now is a great time ⁓ with how many things are coming forward for businesses and being more business. ⁓ I would just say   business friendly, I think is where the political landscape is currently. Again, not to go down a political path, just to be looking at like, if I'm hedging my bets, now is probably a really good time where odds of audits are probably a little bit lower than maybe at other times of the political landscape. So just things to think about. Derick, I love these podcasts. I love building wealth. So guys go to BigLifeFinancial.com/DAT, so Dental A Team. So it's just DAT our initials.   Derick Van Ness (39:15) Yeah.   Kiera Dent (39:32) And Derick will take great care of you. Derick, any last thoughts as we wrap up today? I appreciate you so much being on here.   Derick Van Ness (39:38) No, just think, you know, dentists work really, really hard and I feel like a lot of them don't get the fruits of their labor because there's a lot of these little things that they haven't been taught. And I think all the little things do add up. So, you know, this is one of those things that if you choose to just take it on, figure it out in a year or two, you'll be way ahead of the game and you get to benefit from that basically forever. Right? lot of this stuff, once you figure it out one time, you can just ride.   80%, 90 % on autopilot. So if you've been afraid of it, would say it's climb over that hill, whether it's with us or someone else, it is really worth it. You guys work too hard, take too many risks, deal with too much headache to not get the full amount of the money that you really deserve to keep. So yeah.   Kiera Dent (40:23) I agree.   That's why Derick gets to be on the podcast because we're very aligned. I've always said I want dentists to be insanely wealthy, insanely. I see what you go through in school. mean, 2.5 million debt ⁓ to even get the opportunity to practice. ⁓ That's really where I was on a very strong mission to help dentists just like Derick to be as successful as you want to be. And there's little strategies like what we talked about that are big strategies. So take advantage, get over the hump.   Chat with Derick or your financial advisor or your CPA. But these things, I think, need to be part of your every single year conversations. They need to be talked about multiple times. You need to be asking what's been changing in the tax bill, keeping yourself a part of it. Very simple moves, big gains this year. Derick, as always, thanks for being a part of it. I really appreciate you. And for all of you listening, thank you for listening, and I'll catch you next time on the Dental A Team Podcast.

The evolving economic landscape makes institutional reforms in areas like finance, planning, and public infrastructure, a necessity. AI is capable of causing an economic shakeup similar to the transition from horses to steam, with far-reaching ramifications throughout the world's economies.Jonathan Haskel is a professor of economics at Imperial College Business School, in London, and also the author of a few books, including Capitalism without Capital: The Rise of the Intangible Economy and Restarting the Future: How to Fix the Intangible Economy.Greg and Jonathan discuss how traditional institutions, intellectual frameworks, and measurement disciplines are struggling to adapt to an economy increasingly dominated by intangible assets such as software, data, and branding. Jonathan explains the complexities of valuing and measuring intangibles, the role of venture capital, intellectual property laws, and the impact of AI and general-purpose technologies. The episode also covers the necessity for institutional reforms in areas like finance, planning, and public infrastructure to better support the evolving economic landscape.*unSILOed Podcast is produced by University FM.*Episode Quotes:The two boosts of productivity31:30: When you have a general-purpose technology, which is also an invention, method of invention, you get two boosts to productivity. The first boost to productivity is in the invention sector itself—what I would call the intangible sector itself, as in the R&D and the software and all that—you get a boost to productivity there. And then the second boost to productivity is when all of those new inventions—now think of steam—start spreading out to the economy as a whole, to be used in the transport sector, in companies, in firms, and all that kind of thing.The intangible things the new economy makes03:23: What does the new economy make? It's people writing software. It's people writing movie scripts. It's people trying to think of new ways to market their product or publicize their brand or rearrange their organization. Those are all very intangible things.What makes the intangible economy unequal?18:39: We first got into this. We were thinking that spillovers would be the predominant economic force, and therefore a more intangible economy would be, in some broad sense, a more equalized economy…[19:04] But that, of course, goes against people's intuition. We think the economy, in some sense, has become more unequal. And we changed our mind during the writing of the book, actually, and ended up thinking that the forces of synergies are a force, of course, for making it more unequal.The human edge in a world of intangibles55:01: Once you start thinking about the task of coordinating the synergies and getting all these people together—guess what—that needs people, people. And scientists might be really good at that, but artists and poets and historians and students of ancient Greek—they might be really good at that as well. So, I am optimistic, actually, that the future could admit people with all sorts of backgrounds and all sorts of skills into this new world.Show Links:Recommended Resources:Diane CoyleBaruch Lev BooksIntangible AssetSoftware DevelopmentPaul RomerIntellectual PropertyDataThomas PhilliponDouglass NorthAbundance by Ezra KleinGeneral-purpose technologyEric BrynjolfssonRobert GordonGuest Profile:Faculty Profile at Imperial College Business SchoolWikipedia ProfilePrinceton University Press ProfileBank of England ProfileSocial Profile on XGuest Work:Amazon Author PageCapitalism without Capital: The Rise of the Intangible EconomyRestarting the Future: How to Fix the Intangible EconomyMeasuring and Accounting for Innovation in the Twenty-First CenturyNBER PageGoogle Scholar Page

Welcome to the CanadianSME Small Business Podcast, hosted by Kripa Anand, where we explore innovations shaping Canadian business. Today, we're diving into the intersection of biotechnology and financial strategy with Akeem Gardner, CEO & Founder of Canurta Therapeutics. Akeem is pioneering a fresh approach in the biotech space, using hemp cultivation for botanical solutions to inflammation while navigating the challenges of underfunded R&D.We'll discuss Canurta's innovative model, The Satoshi Trials, and how Bitcoin can serve as a financial tool for research-intensive SMEs. Akeem will also share practical guidance for Canadian small businesses looking to adopt Bitcoin and explore its potential for fostering financial resilience. Let's dive in!Key Highlights:1. Redefining Biotech R&D in Canada: Akeem will explain why R&D spending is risky for Canadian SMEs in biotech and how Canurta is developing next-generation botanical therapeutics for diseases like ALS and inflammation.2. The Satoshi Trials – Bitcoin as a Financial Tool for SMEs: Akeem will discuss how The Satoshi Trials connect Bitcoin to solving real-world challenges in business growth for biotech and other research-intensive SMEs.3. Practical Bitcoin Adoption for Canadian SMEs & Future-Proofing: Akeem will provide guidance on how Canadian SMEs can adopt Bitcoin today to strengthen operations and future-proof against economic uncertainties.4. Recent Accomplishments Highlight: Akeem will share Canurta's achievements, including FDA feedback for clinical trials, graduating from CDL, being accepted into MATTER Health, and preparing for a public listing.Special Thanks to Our Partners:RBC: https://www.rbcroyalbank.com/dms/business/accounts/beyond-banking/index.htmlUPS: https://solutions.ups.com/ca-beunstoppable.html?WT.mc_id=BUSMEWAGoogle: https://www.google.ca/A1 Global College: https://a1globalcollege.ca/ADP Canada: https://www.adp.ca/en.aspxFor more expert insights, visit www.canadiansme.ca and subscribe to the CanadianSME Small Business Magazine. Stay innovative, stay informed, and thrive in the digital age!Disclaimer: The information shared in this podcast is for general informational purposes only and should not be considered as direct financial or business advice. Always consult with a qualified professional for advice specific to your situation.

In this true, blue interview with Lucas Bols Co. Master Distiller Monique ten Kortenaar (@distillermo), some of the topics we discuss include: The history of the Curaçao liqueur category, how it differs in production and flavor to similar products like Triple Sec, and how the color blue first entered the picture about 100 years ago. How Bols Blue 1575 separates itself from non-premium Blue Curaçaos by incorporating signature botanicals and fruity Jamaican rum into its production and blending process. The role that bartenders, sensory panels, and distillery guests played in the development of this and other products that Bols brings to market. We also take the time to have a very open conversation about the nature of “additives” in the spirits world. Given the striking hue and excellent stability of the Blue 1575, it should be no surprise that Bols uses a food grade dye. But there's a lot that goes into the R&D and testing process for such an important component of the product, especially in the EU, where food standards are notoriously stringent. Along the way, we plan out an epic day-long food and culture tour to experience the best and most interesting cuisine and drink that Amsterdam has to offer, learn why Monique's perfumer Grandfather was known as “The White Giant,” reveal which Bols product is criminally underappreciated by bartenders and consumers, and much, much more.    

Every investment is just an ROI calculator.Automation feels risky—until you run the numbers.It doesn't kill craftsmanship—it scales it.Growing your pre-roll category usually means balancing sales growth with hand-filling teams to maintain quality.But what if you could do both?What if you could leverage best-in-class automation to hit your numbers faster, cleaner, cheaper—without sacrificing quality?The truth?You don't need 30 people rolling joints when 3 people and a machine can do it better.This week, we sit down with Shahar Yamay, CEO of Hefestus Technologies, to break it down.The ROI of Automation—and how to know if it actually makes senseBalancing scale, quality, and consistency in cannabis manufacturingWhy automation doesn't replace jobs—it removes bottlenecks SummaryIn this episode, Bryan Fields and Kellan Finney welcome Shahar Yamay, CEO of Festus Technologies, to discuss the evolution of automation in the cannabis industry. Shahar shares insights on the iterative design process, the importance of customer feedback, and the challenges faced in R&D. The conversation also covers the current state of automation, ROI considerations, and the integration of AI for quality control. Shahar emphasizes the need for open-mindedness in engineering and the importance of being a trusted partner in the industry. The episode concludes with a look at future innovations and how listeners can connect with Festus Technologies. Chapters00:00 Introduction to Festus Technologies and Shahar Yamay03:04 The Evolution of Cannabis Automation05:58 Iterative Design and Customer Feedback08:55 Challenges in Automation and R&D12:14 Integration with Cannabis and Hemp15:11 The State of Automation in the Cannabis Industry18:04 ROI and the Case for Automation21:06 Training and Implementation of Automated Systems23:55 Quality Control and AI in Automation27:02 Future Innovations and Industry Trends30:08 Final Thoughts and Contact InformationGuest Links:https://www.linkedin.com/in/shaharyamay/?originalSubdomain=ilhttps://www.hefestus-tech.com/https://www.instagram.com/hefestus_1https://www.linkedin.com/company/hefestus-ltd/https://www.youtube.com/channel/UCFYcTJousPQjjB6NsMFyBnAOur Links Bryan Fields on TwitterKellan Finney on TwitterThe Dime on TwitterNewton Insights: For extraction teams, everything changes when you can finally see what's happening in real time.At Eighth Revolution (8th Rev), we provide services from capital to cannabinoid and everything in between in the cannabinoid industry.8th Revolution Cannabinoid Playbook is an Industry-leading report covering the entire cannabis supply chain The Dime is a top 5% most shared  global podcastThe Dime is a top 10 Cannabis Podcast The Dime has a New Website. Shhhh its not finished.Sign up for our playbook here:

In this episode of Weld Wednesday with AWS, I'm joined by Teresa Melfi and Josh Sullivan from Lincoln Electric to talk about the evolving role of automation, robotics, additive manufacturing, and artificial intelligence in the welding industry. Teresa shares insights from her 40+ year career—from being a certified welder to her work on waveform design and advanced robotic systems. Josh dives into alloy R&D and how Lincoln is leveraging AI to improve filler metal development for additive processes. We also explore how automation is improving ergonomics, broadening access to welding careers, and why these technologies aren't replacing welders—they're expanding the industry. Whether you're new to welding or looking to future-proof your career, this episode is packed with valuable insights.   Attend FabTech 2025 in Chicago aws.org/fabtech Learn more about AWS AWS.org 

Halfway through their journey toward purposeful procurement, the co-hosts confront a fundamental question: if procurement drives value in so many ways beyond cost savings, why do incentive structures ignore virtually everything else? In this episode of "Buy: The Way...To Purposeful Procurement," Philip Ideson, Rich Ham, and Kelly Barner discuss insights from their recent conversations with Martin Chilcott and Paul Polizzotto to explore a troubling pattern: procurement consistently creates value despite their flawed incentive structures, not because of them. The conversation maps procurement's hidden value drivers… from supplier-enabled innovation that harnesses R&D capabilities many times larger than any single organization, to supplier diversification efforts that identify alternatives but rarely get implemented, to risk mitigation strategies that could free companies from incumbent supplier traps. The hosts also examine why procurement tends to abandon innovation initiatives precisely when they're most needed, creating self-defeating cycles that damage supplier relationships. Kelly adds a practitioner's perspective into the mix, pointing out the frustration of extensive supplier qualification work that gets shelved due to entrenched decision structures, systematically wasting value creation that never appears on any scorecard. The episode also sets up the series' next phase: conversations with executives who've successfully broken the mold on traditional incentive structures, proving that purposeful procurement is achievable at any scale. Links: Rich Ham on LinkedIn Learn more at FineTuneUs.com  

In this episode of Tech Talks Daily, I caught up with Raj Samani, Chief Scientist at Rapid7, to unpack the rapidly evolving world of ransomware. Raj has been on the front lines of cybercrime response for years and has seen firsthand how these attacks have professionalized. Gone are the days of casual ransomware notes asking for a few hundred dollars. Today, these groups operate like fully formed businesses with help desks, R&D teams, and carefully designed extortion models. We talked about how ransomware has become a reputational risk issue more than just a technical one. Raj shared that CEOs are often more concerned about data being exfiltrated and leaked to the press than they are about systems being locked down. It's no longer just about recovering files. It's about trust, public perception, and the long tail of brand damage. One of the most revealing parts of our discussion was how these attacks typically unfold. Raj walked me through real-world scenarios where criminals have remained inside networks for months, even years, before launching their final payload. He also described how careful planning, coordinated strike days, and threat intelligence can disrupt an attacker's kill chain before irreversible damage is done. We explored the uncomfortable truth that many organizations still fall victim to basic attacks because of poor cyber hygiene. While the threat landscape is becoming more sophisticated with the use of zero-day vulnerabilities and social engineering, many breaches still happen through exposed RDP ports or convincing phishing attempts. Raj also offered candid insights into the ethics and complexities of ransomware negotiations, why outright banning payments may backfire, and what companies should do in the first few hours after discovering they've been hit. He made it clear that cybersecurity is no longer just an IT issue. It affects everything from supply chains to public services and daily life. Is your organization prepared for the moment when ransomware moves from IT's concern to the boardroom's crisis?

Welcome back to another episode of the Allison J. Taylor LIFT Podcast. What does it take to succeed as a product manager? It's not just about building great products, but also about leadership -- piloting people, processes, and change. In this episode, Alison J. Taylor speaks with Chris Naunheimer about building and making the product and also about selling the product so that it's profitable because it fulfills an unmet need.   They explore the topic through the lens of their new book Power Up Product Management, a quick-start guide that includes stories, practical exercises, and ready-to-use templates, designed to help product managers thrive in the first 90 days of their product management journey. In their conversation, Allison and Chris discuss common misperceptions about product management and share practical advice for new and seasoned product managers. They explore why success is not purely about the product, why the process is rarely linear – more chaotic, and why emotional intelligence (EQ) matters as much as IQ. They also delve into the customer, whoever is going to either use, buy, or influence the product and how critical it is to manage those stakeholders.    Finally, they discuss the often-overlooked skillset that product managers should have – emotional intelligence. The reality is that you must sell people on your idea and to convince people to invest – whether it's with their physical money, emotional energy, or time and effort. Their book delves into what product managers need to know to perform successfully – the tools and the people management. Tune in now!   Key Points from This Episode: •    Discover why product management is about more than just the product itself. •    Explore why stakeholder mapping is a critical skill for product managers to learn. •    Learn why product development is rarely linear and the importance of embracing flexibility. •    Find out what a common misperception is surrounding the Agile framework and how Agile may be more disciplined than the Waterfall framework. •    Unpack why EQ and persuasive communication are essential skills. •    Hear ways technology has impacted the development of products and processes. •    Learn how AI can be a tool within product management and what it cannot replace. •    Hear a real-world example of a simple tool that delivers great value and how. •    Find out what Chris and Allison hope to achieve with their book.   Chris Naunheimer   Guest Biography:   Chris Naunheimer is an adjunct faculty member and a capstone project advisor in the Masters of Product Design and Development Management program at Northwestern University.   Along with a Master's of Product Design and Development Management, Northwestern University, and a bachelor's in mechanical engineering, University of Illinois, Chris has more than 20 years of experience at multi-national Fortune 500 industrial companies with leadership roles in engineering, R&D, strategic marketing, new product ventures, and user-centered design. Chris holds 25 patents and brings this innovation and continuous improvement mindset to teaching. This mindset, coupled with his user experience, design education, and industry experience, brings a broad cross-functional skill set to his roles at Northwestern University.   Chris is passionate about design and has a deeply held belief that we can use design to develop insights and solutions that can change people, cultures, and the world. Tweetables:   “One of the most common misperceptions about product management is that product management is all about the product.” — Chris Naunheimer [0:01:59]   “The user, the customer, or whoever is going to either use, buy, or influence the product; those stakeholders are critical. And if you want to be a good product manager, that's part of what you have to manage.” — @allisonthought [0:05:01]   “Product and product development can be very, very chaotic. It doesn't always follow a linear path.” — Chris Naunheimer [0:06:45]   “Agile adds complexity as much as it is helpful for pivoting in smaller increments.” — @allisonthought [0:12:54]   “One of the motivations for us even writing this book is to be able to help other people. And that's why we created it. I like tools like that.” — Chris Naunheimer [0:26:50]   “We put the stakeholder map in the book to make sure product managers were aware of what potential bumps could occur. Who is the team that you're going to work with and make sure they're inspired, they're understanding why, and they're motivated, not just informed.” — @allisonthought [0:15:20]     Links Mentioned in Today's Episode: Chris Naunheimer on LinkedIn Thought Marketing LLC Power Up Product Management Strava Kool Stop Email Listener feedback to info@thoughtmarketing.com Allison J. Taylor on LinkedIn Allison J. Taylor on X  

In This Episode What if the secret to faster product launches and fewer team conflicts is better alignment between R&D and strategy? In this episode of Systems Simplified, host Adi Klevit interviews Laura Moran, an innovation leader turned consultant, about how she helps pet food companies streamline innovation. Laura shares how her early experiences at Mars and Barc shaped her ability to turn big-business frameworks into agile, usable systems for smaller brands. Laura describes the core components of her Pet Spark Navigator system—a structured process that aligns teams early, defines product expectations clearly, and embeds innovation capabilities within organizations. She explains how the system reduces rework, builds team confidence, and prevents costly mistakes down the line. Throughout the conversation, Adi and Laura dive into how smaller companies often resist systems out of fear they'll stifle creativity—when in reality, the right systems free teams to move faster with less risk. It's a practical, actionable look at transforming chaos into repeatable growth.  

 “Most of any leader's job is change management—setting a vision people buy into and aligning them behind it.”  “I view the organisation as an inverted triangle—the frontline is at the top, and we serve them.” “You should be most concerned when your performance board is all green. Red means there's something to learn.” “Trust in Japan isn't optional—it's the foundation of everything, and it can't be rushed.” “Leadership isn't about a role or title—it's about helping others grow and succeed around a shared purpose.” Previously Kasper was General Manager, Novo Nordisk Denmark & Iceland; Corporate Vice President DFP Manufacturing Development; Corporate Vice President Novo Nordisk Production S.A.S.; Vice President Aseptic Production; Corporate Vice President Global Support; Corporate Vice-President Insulin Manufacturing; Corporate Vice-President CMC Support R&D.  He has an Executive MBA from IMD;  an MSc Psychology from Kobenhavns Universitet-University of Copenhagen and an MSc Management from the University of Bath. Kasper's leadership journey reflects a blend of purpose-driven conviction and operational adaptability. Beginning as a psychologist, his career at Novo Nordisk has spanned over two decades and included transitions from HR to manufacturing, R&D, and commercial operations. This multidimensional path helped him develop a leadership style that balances strategic thinking with deep human insight. He views leadership not as a formal mandate but as the ability to rally people around a shared purpose and help them succeed collectively. Kasper sees change management as the cornerstone of leadership. For him, setting a compelling vision, aligning people behind it, and then designing an organisation that can execute effectively are vital. He believes a leader must master both the financial and human elements of business—but often, the human side is overlooked. His training in psychology gives him a significant advantage in navigating complex interpersonal dynamics and building engagement. In Japan, Kasper encountered leadership challenges and cultural nuances that required adaptation. He was pleasantly surprised to find Japan's corporate culture less hierarchical than expected, describing it as “middle-up-down,” where middle management plays an essential role in shaping and executing strategy. However, he found consensus-building mechanisms like nemawashi both a strength and a barrier—excellent for execution but often limiting for rapid innovation. To counter these constraints, Kasper has implemented informal listening tours, smaller discussion forums, and ambassador-driven strategy sessions to surface ideas from the front line. He emphasises purpose as the unifying force. By focusing on “creating healthy longevity” for patients, he finds alignment across departments and geographies. His model places the front-line staff at the top of an inverted triangle, with leadership tasked with removing barriers to their success. Kasper is acutely aware of the barriers to innovation in Japan's risk-averse culture. He aims to create psychological safety, promote entrepreneurial thinking, and reward experimentation even when outcomes fall short. His own career setbacks are a source of learning, and he values candidates who can reflect on failures more than those who only tout success. Trust-building is another pillar of his approach. Recognising Japan's emphasis on relationships, he actively invests time in social engagement with staff, learns Japanese to demonstrate commitment, and adapts expectations to fit the local environment. He is cautious about imposing quick changes, preferring to spend time understanding needs before charting a strategic course. Culturally, Kasper navigates between Novo Nordisk's global values and the diversity within Japan. He resists overgeneralising Japanese culture, choosing instead to cultivate subcultures within the organisation that reflect future needs. He also aligns his leadership team with these values, making adjustments where necessary to drive cohesion and performance. Ultimately, Kasper defines leadership as helping others grow and succeed. It's not about authority, but about creating a shared direction and empowering people to reach it. This people-centred philosophy, combined with strategic acuity and cultural humility, is what he believes drives sustainable success.  

In this episode of Tank Talks, we're joined by Gaurav Jain, co-founder of Afore Capital, one of the earliest and most respected players in the pre-seed investing space. Gaurav shares how growing up in a small town in India, moving to Canada, and working at Blackberry, Amazon, and Google helped him understand the value of momentum, iteration, and building products that truly matter.He walks us through how a random dinner at Harvard led to meeting his future co-founder, how they built Afore around the belief that the best founders are often overlooked too early, and why the firm exclusively focuses on investing before there's a product or sometimes even an idea.Gaurav dives into what makes a great founder at the earliest stage, why he believes momentum is the only moat, and how the rise of AI has only accelerated opportunities for young, technical entrepreneurs to build enduring companies with less capital. He also opens up about the firm's "Founder-in-Residence" and "UTransfer" programs, his view on the Canadian tech scene, and the power of bespoke, high-conviction investing.We explore:* Why is momentum the only true moat in early-stage startups?* Can pre-seed investing still deliver alpha now that it's crowded?* Is seed-strapping the future of venture capital?* How do you identify founders before they've found their idea?* What happens when you give 19-year-olds the capital to build?Building a Pre-Seed Fund Before “Pre-Seed” Was a Thing (00:03:54)* Interning globally to chase experience and perspective* The turning point: joining Founder Collective* Meeting co-founder Anamitra through a lucky dinner at Foundation Capital* Launching Afore in 2016 to fill the pre-seed voidFounder Empathy & Early-Stage VC Lessons (00:08:17)* Mistakes from being a first-time founder* Learning that exits don't matter, products and pain points do* Why Canadian angel advice focused too much on sales, not software* Why product-led growth is a must-have, not a nice-to-haveThe 10,000 Coffees Rule of Venture (00:11:27)* How judgment is built: time, exposure, and repetition* Why investing based on ideas (not teams) is a rookie mistake* Filtering “this could work” vs. “this must work”* The real constraint in VC: time, not capitalAfore's Mission: Investing Before the Idea (00:15:00)* The “Too Early” problem founders face and why Afore exists* How FIR (Founder in Residence) and Transfer University fund ideation* Building a support system, not a portfolio of call options* Why being idea-stage isn't a red flag, it's a sign of ambitionConvincing LPs That Pre-Seed Was Real (00:19:19)* LP skepticism: “Isn't this just the bad deals no one else wants?”* How talking to founders not seed managers won over investors* Working with PitchBook and Crunchbase to split out pre-seed data* Making pre-seed visible helped founders self-identify and alignSeed-Strapping and the Rise of Efficient Startups (00:24:00)* How AI-native startups are hitting $1M ARR 2x faster* Case study: Gamma's hypergrowth on ultra-low burn* Why founders can delay growth rounds longer than ever* Capital efficiency is now a competitive edgeMomentum Is the Only Moat (00:26:07)* How Android's rise taught Gaurav speed = survival* Lessons from RIM's downfall: never rest on product laurels* Why the AI era is reshaping iteration timelines* Pre-seed startups now move at the speed of launches, not quartersPivot-as-a-Service in the AI World (00:34:16)* FIR teams pivoting from speech therapy to CX platforms* Younger founders = more raw talent, less domain bias* Startups pivoting every 6–8 weeks—and why that's healthy* Embracing pivots as a feature, not a flawScaling Afore with Purpose (00:35:21)* Fund IV, $500M+ AUM, and 150+ companies later* Why concentrated portfolios beat spray-and-pray* The dangers of being too dogmatic on stage or valuation* Supporting breakout talent like Neo, Gamma, and BenchGlobal Perspective: Canada's Role in Venture (00:41:19)* Why Canada produces world-class engineering talent* The upside and limits of building in the North* Hybrid models: Canada for R&D, U.S. for GTM* Afore's belief in serving Canadian founders, wherever they buildFailure may define most early-stage startups, but for Gaurav Jain, the real story starts before the pitch, before the product, even before the idea. With Afore Capital, he is betting on people over polish, instinct over perfection, and helping founders build long before the rest of the world is watching. His journey reminds us that great companies don't always start with traction; they start with trust.About Gaurav JainCo-founder and Managing Partner at Afore Capital. Ex-Android, BlackBerry, and founder of Polar Mobile. Afore is known for being one of the first firms dedicated to pre-seed, supporting founders before they even have an idea.Connect with Gaurav Jain on LinkedIn: https://www.linkedin.com/in/gjainvcVisit Afore Capital Website: https://www.afore.vc/Connect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

My fellow pro-growth/progress/abundance Up Wingers,The innovation landscape is facing a difficult paradox: Even as R&D investment has increased, productivity per dollar invested is in decline. In his recent co-authored paper, The next innovation revolution—powered by AI, Michael Chui explores AI as a possible solution to this dilemma.Today on Faster, Please! — The Podcast, Chui and I explore the vast potential for AI-augmented research and the challenges and opportunities that come with applying it to the real-world.Chui is a senior fellow at QuantumBlack, McKinsey's AI unit, where he leads McKinsey research in AI, automation, and the future of work.In This Episode* The R&D productivity problem (01:21)* The AI solution (6:13)* The business-adoption bottleneck (11:55)* The man-machine team (18:06)* Are we ready? (19:33)Below is a lightly edited transcript of our conversation. The R&D productivity problem (01:21)All the easy stuff, we already figured out. So the low-hanging fruit has been picked, things are getting harder and harder.Pethokoukis: Do we understand what explains this phenomenon where we seem to be doing lots of science, and we're spending lots of money on R&D, but the actual productivity of that R&D is declining? Do we have a good explanation for that?I don't know if we have just one good explanation. The folks that we both know have been both working on what are the causes of this, as well as what are some of the potential solutions, but I think it's a bit of a hidden problem. I don't think everyone understands that there are a set of people who have looked at this — quite notably Nick Bloom at Stanford who published this somewhat famous paper that some people are familiar with. But it is surprising in some sense.At one level, it's amazing what science and engineering has been able to do. We continue to see these incredible advances, whether it's in AI, or biotechnology, or whatever; but also, what Nick and other researchers have discovered is that we are producing less for every dollar we spend in R&D. That's this little bit of a paradox, or this challenge, that we see. What some of the research we've been trying to do is understand, can AI try to contribute to bending those curves?. . . I'm a computer scientist by training. I love this idea of Moore's Law: Every couple of years you can double the number of transistors you can put on a chip, or whatever, for the same amount of money. There's something called “Eroom's Law,” which is Moore spelled backwards, and basically it said: For decades in the pharmaceutical industry, the number of compounds or drugs you would produce for every billion dollars of R&D would get cut in half every nine years. That's obviously moving in the wrong direction. That challenge, I don't think everyone is aware of, but one that we need to address.I suppose, in a way, it does make sense that as we tackle harder problems, and we climb the tree of knowledge, that it's going to take more time, maybe more researchers, the researchers themselves may have to spend more time in school, so it may be a bit of a hidden problem, but it makes some intuitive sense to me.I think there's a way to think about it that way, which is: All the easy stuff, we already figured out. So the low-hanging fruit has been picked, things are getting harder and harder. It's amazing. You could look at some of the early papers in any field and it have a handful of authors, right? The DNA paper, three authors — although it probably should have included Rosalyn Franklin . . . Now you look at a physics paper or a computer science paper — the author list just goes on sometimes for pages. These problems are harder. They require more and more effort, whether it's people's talents, or whether it's computing power, or large-scale experiments, things are getting harder to do. I think there's ways in which that makes sense. Are there other ways in which we could improve processes? Probably, too.We could invest more in research, make it more efficient, and encourage more people to become researchers. To me, what's more exciting than automating different customer service processes is accelerating scientific discovery. I think that's what makes AI so compelling.That is exactly right. Now, by the way, I think we need to continue to invest in basic research and in science and engineering, I think that's absolutely important, but —That's worth noting, because I'm not sure everybody thinks that, so I'm glad you highlighted that.I don't think AI means that everything becomes cheaper and we don't need to invest in both human talent as well as in research. That's number one.Number two, as you said, we spend a lot of time, and appropriately so, talking about how AI can improve productivity, make things more efficient, do the things that we do already cheaper and faster. I think that's absolutely true. But we had the opportunity to look over history, and what has actually improved the human condition, what has been one of the things that has been necessary to improve the human condition over decades, and centuries, and millennia, is, in fact, discovering new ideas, having scientific breakthroughs, turning those scientific breakthroughs into engineering that turn into products and services, that do everything from expand our lifespans to be able to provide us with food, more energy. All those sorts of things require innovation, require R&D, and what we've discovered is the potential for AI, not only to make things more efficient, but to produce more innovation, more ideas that hopefully will lead to breakthroughs that help us all.The AI solution (6:13)I think that's one of the other potentials of using AI, that it could both absorb some of the experience that people have, as well as stretch the bounds of what might be possible.I've heard described as an “IMI,” it's an invention that makes more invention. It's an invention of a method of invention. That sounds great — how's it going to do that?There are a couple of ways. We looked at three different channels through which AI could improve this process of innovation and R&D. The first one is just increasing the volume, velocity, and variety of different candidates. One way you could think about innovation is you create a whole bunch of candidates and then you filter them down to the ones that might be most effective. Number one, you can just fill that funnel faster, better, and with greater variety. That's number one.The candidates could be a molecule, it could be a drug, it could be a new alloy, it could be lots of things.Absolutely, or a design for a physical product. One of the interesting things is, this quote-unquote “modern AI” — AI's been around for 70 years — is based on foundation models, these large artificial neural networks trained on huge amounts of data, and they produce unstructured outputs. In many cases, language, we talk about LLMs.The interesting thing is, you can train these foundation models not just to generate language, but you can generate a protein, or a drug candidate, as you were saying. You can imagine the prompt being, “Please produce 10 drug candidates that address this condition, but without the following side effects.” That's not exactly how it works, but roughly speaking, that's the potential to generate these things, or generate an electrical circuit, or a design for an air foil or an airframe that has these characteristics. Being able to just generate those.The interesting thing is, not only can you generate them faster, but there's this idea that you can create more variety. We're usefully proud as humans about our creativity, but also, that judgment or that training that we have, that experience sometimes constrains it. The famous example was some folks created this machine called AlphaGo which was meant to compete against the world champion in this game called Go, a very complex strategic game. Famously, it beat the world champion, but one of the things it did is this famous Move 37, this move that everyone who was an expert at Go said, “That is nuts. Why would you possibly do that?” Because the machine was a little bit more unconstrained, actually came up with what you might describe as a creative idea. I think that's one of the other potentials of using AI, that it could both absorb some of the experience that people have, as well as stretch the bounds of what might be possible.So you come up with the design, and then a variety of options, and then AI can help model and test them.Exactly. So you generate a broader and more voluminous set of potential designs, candidates, whether it's molecules, or chemicals, or what have you. Now you need to narrow that down. Traditionally you would narrow it down either one, through physical testing — so put something into a wind tunnel or run it through the water if you're looking at a boat design, or something like that, or put it in an electromagnetic chamber and see how the antenna operates. You'd either test it physically, and then, of course, lots of people figured out how to use physics, mathematical equations, in order to create “digital twins.” So you have these long acronyms like CFD for computational fluid dynamics, basically a virtual wind tunnel, or what have you. Or you have finite element analysis, another way to model how a structure might perform, or computational electromagnetic modeling. All these ways that you can use physics to simulate things, and that's been terrific.But some of those models actually take hours, sometimes days, to run these models. It might be faster than building the physical prototype and then modeling it — again, sometimes you just wait until something breaks, you're doing failure testing. Then you could do that in a computer using these models. But sometimes they take a really long time, and one of the really interesting discoveries in “AI” is you can use that same neural network that we've used to simulate cognition or intelligence, but now you use it to simulate physical systems. So in some ways it's not AI, because you're not creating an artificial intelligence, you're creating an artificial wind tunnel. It's just a different way to model physics. Sometimes these problems get even more complicated . . . If you're trying to put an antenna on an airplane, you need to know how the airflow is going to go over it, but you need to know whether or not the radio frequency stuff works out too, all that RF stuff.So these multiphysics models, the complexity is even higher, and you can train these neural nets . . . even faster than these physics-based models. So we have these things called AI surrogate models. They're sort of surrogates. It's two steps removed, in some ways, from actual physical testing . . . Literally we've seen models that can run in minutes rather than hours, or an hour rather than a few days. That can accelerate things. We see this in weather forecasting in a number of different ways in which this can happen. If you can generate more candidates and then test them faster, you can imagine the whole R&D process really accelerating.The business-adoption bottleneck (11:55)We know that companies are using AI surrogates, deep learning surrogates, already, but is it being applied as many places as possible? No, it isn't.Does achieving your estimated productivity increases depend more on further technological advances or does it depend more on how companies adopt and implement the technology? Is the bottleneck still in the tech itself, or is it more about business adaptation?Mostly number two. The technology is going to continue to advance. As a technologist, I love all that stuff, but as usual, a lot of the challenges here are organizational challenges. We know that companies are using AI surrogates, deep learning surrogates, already, but is it being applied as many places as possible? No, it isn't. A lot of these things are organizational. Does it match your strategy, for instance? Do you have the right talent and organization in place?Let me just give one very specific example. In a lot of R&D organizations we know, there's a separate organization for physical testing and a separate organization for simulations. Simulation, in many cases, us physics-based, but you add these deep-learning surrogates as well. That doesn't make sense at some level. I'm not saying physical testing goes away, but you need to figure out when you should physically test, when you should use which simulation methods, when you should use deep-learning surrogates or AI techniques, et cetera, and that's just one organizational difference that you could make if you were in an organization that was actually taking this whole testing regime seriously, where you're actually parsing out when the optimal amount of physical testing is versus simulation, et cetera. There's a number of things where that's true.Even before AI, historically, there was a gap between novel, new technologies, what they can do in lab settings, and then how they're applied in real-world research or in business environments. That gap, I would guess, probably requires companies to rewire how they operate, which takes time.It is indeed, and it's funny that you use the word “rewiring.” My colleagues wrote a book entitled Rewired, which literally is about the different ways, together, that you need to, as you say, rewire or change the way an organization operates. Only one of those six chapters is around the tech stack. It's still absolutely important. You've got to get all that stuff right. But it is mostly all of the other things surrounding how you change and what organization operates in order to bring the full value of this together to reach scale.We also talk about pilot purgatory: “We did this cool experiment . . .” but when is it good enough that the CFOs talks about it at the quarterly earnings report? That requires the organization to change the way it operates. That's the learning we've seen all the time.We've been serving thousands of executives on their use of AI for seven years now. Nearly 80 percent of organizations say they're regularly using AI someplace in the business, but in a separate survey, only one percent say they're mature in that usage. There's this giant gap between just using AI and then actually having the value be created. And by the way, organizations that are creating that value are accelerating their performance difference. If you have a much more productive R&D organization that churns out products that are successful in the market, you're going to be ahead of your competitors, and that's what we're seeing too.Is there a specific problem that comes up over and over again with companies, either in their implementation of AI, maybe they don't trust it, they may not know how to use it? What do you think is the problem?Unfortunately, I don't think there's just one thing. My colleagues who do this work on Rewired, for instance — you kind of have to do all those things. You do have to have the right talent and organization in place. You have to figure out scaling, for instance. You have to figure out change management. All of those things together are what underpins outsized performance, so all those things have to be done.So if companies are successful, what is the productivity impact you see? We're talking about basically the current technology level, give or take. We're not talking about human-level AI, superintelligence, we're talking about AI more or less as it exists today. Everybody wants to accelerate productivity: governments around the world, companies. So give me a feel for that.There are different measures of productivity, but here what we're talking about is basically: How many new products, successful products, can you put out in the market? Our modeling says, depending on your industry, you could double your productivity, in other words, of R&D. In other words, you could put out double the amount of products and services — new products and services — that you have been previously.Now, that's not true for every industry. By the way, the impact of that is different for different industries because for some industries you are dependent — In pharmaceuticals, the majority of your value comes from producing new products and services over time because eventually the patent runs out or whatever. There are other industries, we talk about science-based industries like chemicals, for instance. The new-product development process in chemicals is very, very close to the science of chemistry. So these levers that I just talked about — producing more candidates, being able to evaluate them more quickly, and all the other things that LLMs can do, in general, we could see potential doubling in the pace of which innovation happens.On the other hand, the chemicals industry — let's leave out specialty chemicals, but the commodity chemicals — they'll still produce ethylene, right? So to a certain extent, while the R&D process can be accelerated a great deal, the EBIT [Earnings Before Interest and Taxes] impact on the industry might be lower than it is for pharmaceuticals, for instance. But still, it's valuable. And then, again, if you're in specialty chem, it means a lot to you. So depending on where you sit in your position in the market, it can vary, but the potential is really high.The man-machine team (18:06)At least for the medium term, we're not going to be able to get rid of all the people. The people are going to be absolutely important to the process.Will future R&D look more like researchers augmented by AI or AI systems assisted by researchers? Who's the assistant in this equation? Who's working for who?It's “all of the above” and it depends on how you decide to use these technologies, but we even write in our paper that we need to be thoughtful about where you put the human in the loop. Every study, the conditions matter, but there are lots of studies where you say, look, the combination of machines and humans — so AI and researchers — is the most powerful combination. Each brings their respective strengths to it, but the funny thing is that sometimes the human biases actually decrease the performance of the overall system, and so, oh, maybe we should just go with machines. At least for the medium term, we're not going to be able to get rid of all the people. The people are going to be absolutely important to the process.When is it that people either are necessary to the process or can be helpful? In many cases, it is around things like, when is it that you need to make a decision that's a safety-critical decision, a regulatory decision where you just have to have a person look at it? That's the sort of necessity argument for people in the loop. But also, there are things that machines just don't do well enough yet, and there's a little bit of that.Are we ready? (19:33). . . AI is one of those things that can produce potentially more of those ideas that can underpin, hopefully, an improved quality of life for us and our children.If we can get more productive R&D, and then businesses get better at incorporating this into their processes and they could potentially generate more products and services, do we have a government ready for that world of accelerated R&D? Can we handle that flow? My bias says probably not, but please correct me if I'm wrong.I think one of the interesting things is people talk about AI regulation. In many of these industries, the regulations already exist. We have regulations for what goes out in pharmaceuticals, for instance. We have regulations in the aviation industry, we have regulations in the automobile industry, and in many ways, AI in the R&D process doesn't change that — maybe it should, people talk about, can you actually accelerate the process of approving a drug, for instance, but that wasn't the thing that we studied. In some ways, those processes are applied now, already, so that's something that doesn't necessarily have to changeThat said, are some of these potential innovations gated by approval processes or clinical trials processes? Absolutely. In some of those cases, the clinical trials process gait is not necessarily a regulation, but we know there's a big problem just finding enough potential subjects in order to do clinical trials. That's not a regulatory problem, that's a problem of finding people who are good candidates for actually testing these drugs.So yes, in some cases, even if we were able to double the amount of candidates that can go through the funnel on a number of these things, there will be these exogenous issues that would constrain society's ability to bring these to market. So that just says, you squeeze the balloon here and it opens up there, but let's go solve each of these problems, and one of the problems that we said that AI can help solve is increasing the number of things that you could potentially put into market if it can get past the other necessities.For a general public where so much of what they're hearing about AI tends to be about job loss, or are they stealing copyrighted material, or, yeah, people talk about these huge advances, but they're not seeing them yet. What is your elevator optimistic pitch why you may be worried about the impact of AI, but here's why I'm excited about it? Why are you excited by it?By the way, I think all those things are really important. All of those concerns, and how do we reskill the workforce, all those things, and we've done work on that as well. But the thing that I'm excited about is we need innovation, we need new ideas, we need scientific advancements, and engineering that turns them into products in order for us to improve their human condition, whether it's living longer lives, or living higher quality life, whether it's having the energy, whether it's to be able to support that in a way that doesn't cause other problems. All of those things, we need to have them, and what we've discovered is AI is one of those things that can produce potentially more of those ideas that can underpin, hopefully, an improved quality of life for us and our children.On sale everywhere The Conservative Futurist: How To Create the Sci-Fi World We Were PromisedMicro Reads▶ Economics* The Tariffs Kicked In. The Sky Didn't Fall. Were the Economists Wrong? - NYT Opinion* AI Disruption Is Coming for These 7 Jobs, Microsoft Says - Barron's* One Way to Ease the US Debt Crisis? Productivity - Bberg Opinion* So far, only one-third of Americans have ever used AI for work - Ars▶ Business* Meta and Microsoft Keep Their License to Spend - WSJ* Meta Pivots on AI Under the Cover of a Superb Quarter - Bberg Opinion* Will Mark Zuckerberg's secret, multibillion-dollar AI plan win over Wall Street? - FT* The AI Company Capitalizing on Our Obsession With Excel - WSJ* $15 billion in NIH funding frozen, then thawed Tuesday in ongoing power war - Ars* Mark Zuckerberg promises you can trust him with superintelligent AI - The Verge* AI Finance App Ramp Is Valued at $22.5 Billion in Funding Round - WSJ▶ Policy/Politics* Trump's Tariff Authority Is Tested in Court as Deadline on Trade Deals Looms - WSJ* China is betting on a real-world use of AI to challenge U.S. control - Wapo▶ AI/Digital* ‘Superintelligence' Will Create a New Era of Empowerment, Mark Zuckerberg Says - NYT* How Exposed Are UK Jobs to Generative AI? Developing and Applying a Novel Task-Based Index - Arxiv* Mark Zuckerberg Details Meta's Plan for Self-Improving, Superintelligent AI - Wired* A Catholic AI app promises answers for the faithful. Can it succeed? - Wapo* Power Hungry: How Ai Will Drive Energy Demand - SSRN* The two people shaping the future of OpenAI's research - MIT* Task-based returns to generative AI: Evidence from a central bank - CEPR▶ Biotech/Health* How to detect consciousness in people, animals and maybe even AI - Nature* Why living in a volatile age may make our brains truly innovative - NS▶ Clean Energy/Climate* The US must return to its roots as a nation of doers - FT* How Trump Rocked EV Charging Startups - Heatmap* Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later - NYT* Startup begins work on novel US fusion power plant. Yes, fusion. - E&E* Scientists Say New Government Climate Report Twists Their Work - Wired▶ Robotics/Drones/AVs* The grand challenges of learning medical robot autonomy - Science* Coal-Powered AI Robots Are a Dirty Fantasy - Bberg Opinion▶ Up Wing/Down Wing* A Revolutionary Reflection - WSJ Opinion* Why Did the Two Koreas Diverge? - SSRN* The best new science fiction books of August 2025 - NS* As measles spreads, old vaccination canards do too - FT Faster, Please! is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit fasterplease.substack.com/subscribe

In this episode of Accountants Minute Podcast, Peter Towers, Managing Director of ESS BIZTOOLS, challenges accountants, bookkeepers, and business advisors to step beyond compliance and embrace their true role as strategic advisors. With SME insolvency rates rising and funding pathways often overlooked, now is the time to help your clients access capital through government grants, R&D tax incentives, and equity-raising options like Early-Stage Innovation Companies and Crowd-Sourced Funding. Peter explores: ✅ Why many SME owners miss out on funding – and how you can change that ✅ The practical steps to help clients get funding ready with business plans, forecasts, KPIs, and capital strategies ✅ How capital advisory services can position your firm as indispensable – and reinvigorate your team ✅ Real-life examples of missed opportunities and how proactive advisors can step in Whether your firm is just starting its advisory journey or ready to expand into capital strategy, this episode offers both a roadmap and a rallying cry. It's not just about numbers – it's about impact. You can also access our podcast on: Amazon Music Apple Podcasts Audible Spotify YouTube    

It's a weird time to be an environmental scientist. The proposed cuts to federal science funding in the United States are profound, and if they come to pass, it's not clear what American science will look like on the other side. But for many researchers, science is much more than a career: it's a community, lifestyle, and sometimes even a family business. Outside/In producer Justine Paradis tagged along with researchers in the field to learn what it's like to be a scientist right now. We visit one of the oldest atmospheric monitoring stations in the country, and venture onto the Finger Lakes with an ad-hoc group of researchers struggling to understand an emerging threat to water quality: harmful algal blooms.This is a glimpse of the people behind the headlines, navigating questions both personal and professional, and trying to find ways to continue their work, even as much of their funding is simultaneously collapsing around them. Featuring Bob Howarth, Joshua Thienpont, Irena Creed, Nico Trick, Anita Dedić, and Tom Butler, with appearances from Roxanne Marino, Renee Santoro, and Garreth Smith.  SUPPORTTo share your questions and feedback with Outside/In, call the show's hotline and leave us a voicemail. The number is 1-844-GO-OTTER. No question is too serious or too silly.Outside/In is made possible with listener support. Click here to become a sustaining member of Outside/In. Subscribe to our newsletter (it's free!).Follow Outside/In on Instagram and BlueSky, or join our private discussion group on Facebook. LINKSNY67, one of the oldest atmospheric monitoring stations in the U.S., was established by Gene Likens, who helped discover acid rain in the 1960s (The Guardian). More on the cuts to the National Science Foundation from The Guardian. It references a Federal Reserve Bank analysis, finding that for every dollar spent on R&D by the major federal agencies, there's been a return to U.S. taxpayers of $1.50-$3.00—in other words, 150-300%.The American Association for the Advancement of Science has been tracking the federal science budget for decades, and publishes an ongoing analysis breaking down the proposed cuts.A map tracking harmful algal blooms in New York State. In the early 2000s, some wondered if seeding the ocean with iron could be a climate solution. They hoped that the iron would trigger the growth of marine phytoplankton and sequester carbon in the ocean. But when Charlie Trick and his colleagues studied it, they learned it had unintended consequences: it triggered the growth of highly toxic algal blooms.A paper on the rise of ammonia, using data from the National Atmospheric Deposition Program and co-authored by Tom Butler.A letter condemning the proposed cuts to science in FY26, signed by more than 1200 members of the National Academy of Sciences. CREDITS Produced by Justine Paradis. For full credits and transcript, visit outsideinradio.org. WIN A NEW CAR OR 25K IN CASH DURING NHPR'S SUMMER RAFFLE! GET YOUR TICKETS HERE.

In this episode of the People of Packaging podcast, host Adam Peek sits down with Michael Houston, President & CEO of Future Blue Group and Co-founder of Shower Pouch, for an insightful conversation that delves into his extensive career in packaging and his passion for innovative, sustainable solutions.Michael's Journey: From Corporate Giants to Entrepreneurial VenturesMichael shares his impressive career trajectory, starting with his time at major CPG companies like Procter & Gamble and Johnson & Johnson, where he gained invaluable experience in packaging R&D and operations. He later transitioned to companies like Beachbody, where he began to focus on helping smaller businesses navigate the complexities of product development and market entry. His experience also includes roles at Unilever, working with beauty brands like Murad, Dermalogica, and Kate Somerville, and contributing to the Honest Company's IPO. This rich background has fueled his current entrepreneurial pursuits.Introducing Shower Pouch: The On-the-Go Hygiene SolutionA significant portion of the discussion revolves around Shower Pouch, a product born from a personal problem statement. Michael recounts how his father, serving in Afghanistan, highlighted the need for a better hygiene solution than just baby wipes. Collaborating with his business partner, Omar Jimenez (a talented chemist), they developed Shower Pouch – a high-quality, durable, and highly absorbent non-woven wipe designed to clean an entire body with just one product. The conversation touches on:* The Problem: Addressing the need for convenient and effective hygiene solutions for military personnel, hospital patients, and even active individuals on the go.* The Innovation: The use of a specialized non-woven material that is highly absorbent and durable, allowing for efficient cleaning.* Sustainability Focus: Shower Pouch is designed as a durable good, emphasizing reusability and minimizing waste. The packaging even suggests washing and repurposing the wipes.* Convenience: The product can be used on its own or heated for a more comfortable experience.* Availability: Shower Pouch is available on Amazon Prime and through their website, theshowerpouch.com.Future Blue Group: Driving Sustainable Packaging for CPG BrandsMichael's consultancy, Future Blue Group, leverages his deep industry knowledge to assist CPG brands in various aspects of packaging. The discussion highlights:* Key Areas of Focus: Future Blue Group helps brands with cutting-edge technical packaging solutions, cost reduction, enhancing packaging aesthetics, improving customer experience, integrating sustainability principles, optimizing supply chain operations, and accelerating market entry.* Industry Successes: Michael notes significant success working with brands in the supplement space, where he helps optimize packaging for shelf stability and manufacturability, moving beyond generic stock options. He also finds considerable success in the personal care, masstige, and prestige categories, where he navigates complex material and formulation challenges to ensure both aesthetics and functionality.* The Importance of Data: Michael emphasizes the critical role of data in making informed packaging decisions. He advocates for a scientific, objective approach to sustainability, starting with verifiable data rather than relying on "greenwashing" or gut feelings. This is where tools like Specright.com and Trayak become invaluable.Sustainability in Packaging: A Call for ClarityMichael offers crucial advice for brands tackling sustainability:* Define Your Sustainability: He stresses the importance of clearly defining what sustainability means for your specific brand – whether it's compostability, recyclability, durability, or a combination. A clear definition allows for quantifiable goals and avoids being "all over the place."* Embrace Material Science: Understanding the materials you're working with, their manufacturing processes, and their environmental impact is key to making truly sustainable choices.* Beyond Greenwashing: Move past superficial claims and commit to science-based decisions that genuinely reduce environmental impact, particularly focusing on reducing CO2 emissions.Connect with Michael Houston:* LinkedIn: Michael Houston* Future Blue Group: Find them on LinkedIn* Shower Pouch: theshowerpouch.com* Email: michael.houston@futurebluegroup.com This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.packagingisawesome.com

Rob Weisbord, Sinclair's President & COO of Local Media, weighs in on how the nation's second-largest operator of TV stations is investing in the future. The episode kicks off a series of interviews with media executives asking how they intent to compete with the likes of Google, Spotify, Hulu, Facebook, Amazon, and others who annually invest billions in R&D. Stay in the loop with all things Borrell when you join our Research Alert Lists. As always, thank you for listening. If you like the episode, leave us a review!  Want to join the conversation? Share your comments at borrellassociates.com/podcast.

Public SaaS companies are growing faster—but private equity–backed SaaS companies are doing it more profitably. In this episode, AJ and Asad dig into new data from David Spitz comparing ARR growth and EBITDA margins across both groups, and debate what's really driving the difference: lower R&D spend, selection bias, or superior go-to-market execution. They also unpack the implications of long CAC paybacks, PE-style operational rigor, and whether most founders truly understand the capital partners they're signing up with. Thanks for tuning in! New episodes of Topline drop every Sunday and Thursday. Don't miss GTM2025 — the only B2B tech conference exclusively for GTM executives. Elevate your 2026 strategy and join us from September 23 to 25 in Washington, D.C. Use code TOPLINE for 10% off your GA ticket. Stay ahead with the latest industry developments and emerging go-to-market trends with Topline Newsletter by Asad Zaman. Subscribe today. Tune in to The Revenue Leadership Podcast every Wednesday, where host Kyle Norton talks with real revenue operators and dives deep into what it takes to succeed as a modern revenue leader. You're invited! Join the free Topline Slack channel to connect with 600+ revenue leaders, share insights, and keep the conversation going beyond the podcast! This episode is sponsored by UserEvidence. Want to know what actually moves the needle on trust? Download The Evidence Gap, a data-backed report on the customer proof that drives real results. Get it now at userevidence.com/evidence.  Key Chapters: (00:00) - Introduction to Topline Podcast and Episode Overview (02:42) - Exploring SaaS Growth Metrics and Margins (05:29) - The Role of R&D in SaaS Companies (08:32) - Understanding CAC and Payback Periods (11:22) - Cohort Analysis and Its Importance (14:34) - Navigating Board Dynamics and CEO Challenges (17:26) - The Importance of Understanding Investors (20:39) - Lessons from Previous Funding Rounds (23:34) - Market Dynamics and Founder Challenges (26:25) - The Impact of Market Conditions on Founders (29:39) - Acquisition Strategies and Long-Term Vision (32:34) - The Future of LinkedIn and Social Networks (35:42) - Conclusion and Key Takeaways (36:10) - The Evolution of LinkedIn and Market Dynamics (38:30) - Challenges in Product Market Fit and Email Cadences (40:45) - The Challenger Sale: Relevance and Misconceptions (46:40) - AI's Impact on Sales Methodologies and Market Dynamics (53:38) - Defining Intelligence in AI and Its Implications (01:02:00) - Best Practices for Using AI Effectively  

MELISSA CANO is a biochemist and molecular biologist with a passion for cellular metabolism and biotechnology. Over the past 15 years in academic R&D, she has focused on developing innovative and sustainable bioproducts. Now, as Director of Science at Longevity Labs, she leads global research collaborations and drives innovation to translate cutting-edge science into practical solutions for health and longevity. We talk about longevity, healthspan, fasting, the benefits of spermidine, and both the microscopic & expansive universe and “chasing awe.”  

How can DSLR camera traps, remote sensing, and affordable wildlife technology transform biodiversity monitoring in India? In this episode, we speak with Dhruvam Desai, founder of Pardus Wild-tech LLP, a pioneering Indian startup that is transforming the field of wildlife monitoring and ecological research through innovative, India-made camera systems.Dhruvam discusses how his early passion for birdwatching evolved into a commitment to biodiversity conservation and wildlife research. His experiences in the forests around Manipal, combined with his engineering background, led to the development of camera traps specifically designed for India's unique environments. This episode explores the intersection of ecology and technology, and how tools like DSLR camera traps and remote sensors can deepen our understanding of nature.Pardus Wild-tech focuses on addressing the shortcomings of imported trail cameras, which often fail in India's extreme climates. Dhruvam explains how the company's sensor innovations minimize false triggers, improve battery life, and reduce environmental impact through rechargeable systems. He introduces the new REX trail camera, designed to be ultra-affordable and efficient, and shares insights into the design of the Pardus P1 sensor, which achieves lightning-fast trigger speeds and extended field life.Beyond trail cameras, Pardus is expanding into advanced wildlife technology, including GPS trackers and thermal cameras. The company is working to make these tools accessible and cost-effective for conservationists, researchers, and forest departments across India.Dhruvam explains how DSLR camera traps differ from traditional trail cameras in terms of image quality, emotional impact, and the ability to capture detailed, intimate portraits of wildlife in their natural habitat. These images not only serve scientific purposes but also inspire public interest in biodiversity conservation.This episode also highlights the importance of field-driven innovation and the need for more Indian-made wildlife technology. Dhruvam reflects on the challenges he has faced as a young conservation tech entrepreneur, including skepticism based on his age and the lack of domestic competition in the field. He emphasizes the need for a stronger R&D ecosystem in India to support biodiversity research and ecological monitoring.Pardus Wild-tech aims to build an integrated network of wildlife lodges, ecologists, and photographers, providing them with reliable, tailored technology solutions. Dhruvam and his team are committed to rewilding landscapes, supporting forest departments, and promoting ethical and impactful conservation strategies.Whether you're a conservationist, photographer, technologist, or student of ecology, this episode offers valuable insights into the power of technology to support biodiversity monitoring, Indian biodiversity protection, and wildlife research. Join us to explore how homegrown innovation is shaping the future of conservation in India.#camera #cameratraps #wildlifephotography #photography #naturephotography #DSLR #DSLRcamera #wildlifetech #wildlifetechnology #naturetechnology #remotesensing #biodiversitymonitoring #biodiversityconservation #biodiversity #biodiversitymanagement #Indianbiodiversity #biodiversityresearch #ecologicalresearch #ecology #wildlifemonitoring #wildliferesearch Get full access to The Think Wildlife Podcast at anishbanerjee.substack.com/subscribe

Become a Client:  Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers:  Join us for the next Nomad Capitalist Live event:  In this video, our R&D experts, Javier and Natalia, discuss the often overlooked Dominican Republic. This may be an interesting and attractive choice to establish yourself in. From its unique tax advantages to flexible immigration options, which include a fast-track to naturalisation, the Dominican Republic offers more than meets the eye! It's not your usual zero-tax haven, but that's exactly what makes it an interesting option to consider. Nomad Capitalist helps clients "go where you're treated best." We are the world's most sought-after firm for offshore tax planning, dual citizenship, international diversification, and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors. We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country. No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't. Become Our Client:  Our Website:  About Our Company:  Buy Mr. Henderson's Book:  DISCLAIMER: The information in this episode should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you. 

What turns a brilliant idea into a market-ready medical device? Jennifer Palinchik, CEO of SageMar Medical, has spent over two decades guiding innovators through that exact journey. In this episode, Jennifer shares the critical factors that determine whether your device gets adopted—or ends up on the shelf. From navigating regulatory hurdles and defining market value to aligning R&D with commercialization from day one, Jennifer reveals the strategic playbook that every MedTech founder should know. We also explore trends like AI, mixed reality, and the growing role of M&A in accelerating innovation. If you're building in healthtech, Jennifer's insights will help you avoid costly missteps and build a business that truly scales.

Consorvia's founder, Christina Fedor wants to redefine society's relationship to the creative sector. With their latest client platform  the company is fundamentally bringing the individual and the system together to serve people in their effort to self actualize. Our conversation reached into the benefits of letting people young and old flex their deepest and most creative muscles.  Some of the issues with how we interact with tech and the solutions to overcoming these limitations. Consorvia is an R&D ecosystem primed to answer the really big questions that seem to be converging on us at an accelerated rate none of us has experienced before in our lifetimes.  What kind of AI do we truly desire to interact with?  How does tech bring the most creative out of us? How do we build whole new systems for better leveraging tech?

In this episode of Speaking of Mol Bio, Aistė Serapinaite, an experienced R&D scientist, shares her insights into the world of 1-Step RT-PCR—a method that simplifies RNA analysis by combining reverse transcription and PCR amplification in a single reaction. She explains how traditional RNA workflows once lengthy, multi-step processes were prone to errors and contamination, and how 1-Step RT-PCR has transformed this landscape with speed, efficiency, and fewer handling steps.Listeners learn about the technical workings of 1-Step RT-PCR, including the importance of primer design, RNA quality, and essential controls to ensure reliable results. Aistė highlights the Invitrogen SuperScript IV UniPrime One-Step RT-PCR System, emphasizing features like universal annealing temperatures and high sensitivity, capable of detecting even trace levels of RNA.The episode also explores diverse applications, from gene expression studies and cancer biomarker detection to monitoring viral pathogens such as SARS-CoV-2 and Zika virus. While acknowledging the limitations of 1-Step RT-PCR—like the inability to archive cDNA for future assays—Aistė affirms its role as a fast, robust, and eco-friendly solution for high-throughput molecular biology labs. Whether you're new to molecular workflows or an experienced researcher, this episode offers valuable tips and tools to optimize your RNA experiments.Helpful resource links mentioned in this episode:See how one-step RT-PCR is used for amplicon-based viral genome sequencingView a video on the differences between one-step and two-step RT-PCRAccess the Oligo Perfect Primer Designer toolOrder or check out the brochure for Invitrogen SuperScript IV UniPrime One-Step RT-PCR SystemOrder Invitrogen ezDNase Enzyme Subscribe to get future episodes as they drop and if you like what you're hearing we hope you'll share a review or recommend the series to a colleague.  Visit the Invitrogen School of Molecular Biology to access helpful molecular biology resources and educational content, and please share this resource with anyone you know working in molecular biology. For Research Use Only. Not for use in diagnostic procedures.

Technologists and leaders will be interested in hearing Mike explain how 3M's R&D culture that emphasizes collaborative problem-solving. They continue to leverage their "15% time" philosophy to fosters creative solutions that are being applied to our rapidly electrifying world. If you're passionate about how fundamental material science is enabling breakthrough innovation in the electrical engineering world, this is an episode you don't want to miss.  : -The Surprising Role of Adhesives and Tapes: A look at how 3M's advanced materials are critical components in everything from wind turbines to EV battery packs and motors.     -Solving Thermal Runaway in Batteries: An engineer's perspective on the challenge of preventing cell-to-cell propagation during thermal runaway and the novel materials being designed to maintain electrical insulation at extreme temperatures.     -Innovations in Electric Motor Design: A discussion on the latest trends to boost motor efficiency and simplify manufacturing, including advanced cooling strategies and the development of an expandable slot liner that incorporates adhesive.     -Digital Twins and the R&D Cycle: How simulation and digital twins are used to model complex, chaotic events like thermal runaway, significantly reducing the development and iteration time for new technologies.     

Arm, the company that is building the future of computing, recently celebrated the official opening of its new state-of-the-art facility in Galway City. Since establishing operations in Galway in 2014, Arm has expanded to 90 staff members locally and more than 4800 employees across Europe. Arm's facility at Crown Square, which recently welcomed a visit from Taoiseach Micheál Martin, will become home to innovative advancements in technology. This project is supported by the Irish Government through IDA Ireland. Minister for Enterprise, Trade & Employment Peter Burke TD said: "The opening of Arm's new facility in Galway is a strong endorsement of Ireland's position as a global hub for research, innovation and advanced semiconductor technologies. We recently launched Silicon Island: Ireland's National Semiconductor Strategy, which aims to have Ireland firmly at the forefront of the global semiconductor industry, targeting emerging technologies, showcasing our manufacturing expertise, R&D capacity, and enterprise supports, which will generate high-quality, highly skilled employment opportunities across Ireland. I thank Arm for its continued commitment to Galway and look forward to the positive impact this will have on the region and the wider economy. I wish all the team at Arm every success for the future." "Ireland's new National Semiconductor Strategy underscores the country's growing importance in the global technology landscape," said Mike Lardner, senior director, Engineering, Arm. "We're proud that our teams in Galway are helping deliver the computing foundations for the next era of innovation - advancing research, strengthening the local ecosystem, and building the future of AI on Arm." IDA Ireland CEO Michael Lohan said, "I wish to congratulate Arm on this strategic move into a new state-of-the-art facility in Galway City. A key player in the semiconductor industry, Arm is recognised for its capability in mobile and licensing of chip designs. This new Galway facility is part of Arm's strategy to expand its market reach and talent pool in Ireland, supporting innovative work in semiconductor and technology development. I'd like to wish Arm continued success." More about Irish Tech News Irish Tech News are Ireland's No. 1 Online Tech Publication and often Ireland's No.1 Tech Podcast too. You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news If you'd like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss. Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience. You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.

In this episode, Chris, co-founder of Bio Box, delves into the innovative solutions his company offers to the biopharma sector. Bio Box provides a knowledge and reasoning infrastructure for biopharma R&D, helping scientists scale up hypothesis generation and testing in early drug discovery. Chris explains how their platform integrates various biomedical data sources to enable quicker, data-driven decisions and improve collaboration across research teams. He also discusses the challenges and rewards of building a startup in the biotech industry, particularly in the Canadian context, and shares insights on the importance of productive science and reasoning in drug discovery. Furthermore, Chris provides a glimpse into Bio Box's customer engagement strategies, business model, and his vision for the future of the company. Whether you are a scientist, investor, or just curious about the intersection of biotech and AI, this episode offers valuable insights into the evolving landscape of biopharma research.  

In this episode of Accountants Minute Podcast, Peter Towers unpacks the critical role accountants, bookkeepers, and business advisors play in helping SMEs secure funding for survival and growth. From government grants like the Export Market Development Grant and R&D Tax Incentive to equity capital options including Early-Stage Innovation Companies, Section 708 of Corporations Act, and Crowd-Sourced Funding – this episode is a practical roadmap for advisors ready to step up. Peter challenges the notion that funding advice is only for engineers or scientists, showing how trusted advisors can guide clients through strategic planning, financial forecasting, and capital-raising compliance. You'll discover: ✅ Why SME clients need more than tax returns ✅ How to help clients access up to $780,000 in grants ✅ The untapped power of R&D advisory for firms ✅ The role of business advisors in capital raising strategies ✅ How offering these services can attract and retain talented team members Whether you're looking to diversify your services, better serve your clients, or build a stronger firm culture, this episode delivers insight, clarity, and direction. You can also access our podcast on: Amazon Music Apple Podcasts Audible Spotify YouTube    

Cyrus Shirazi, CEO of Haven joins the show. In this episode:  R&D tax credits and offering an attractive tax product to early stage companies What on-chain finance needs to fulfill becoming a better ledger for accounting What startups should look for in a tax & accounting partner

Today on the Social-Engineer Podcast: The Security Awareness Series, Chris is joined by Trent Waterhouse. Trent is the CMO of GlobalMeet, a leading virtual event technology company with a scalable, flexible, and secure hybrid event streaming platform built and supported by experienced event experts. Trent has a proven track record of driving growth and innovation with 35 years of expertise leveraging a field sales marketing model that aligns sales, marketing, and R&D to think like a customer, act like a partner, and measure success through customer satisfaction and net promoters. Built for growth, Trent's unique blend of technology understanding and B2B marketing skills have been proven to help companies grow revenue profitably, improve customer experiences, build new partnerships, and expand opportunity pipelines. [July 21, 2025]   00:00 - Intro 00:50 - Intro Links: -          Social-Engineer.com - http://www.social-engineer.com/ -          Managed Voice Phishing - https://www.social-engineer.com/services/vishing-service/ -          Managed Email Phishing - https://www.social-engineer.com/services/se-phishing-service/ -          Adversarial Simulations - https://www.social-engineer.com/services/social-engineering-penetration-test/ -          Social-Engineer channel on SLACK - https://social-engineering-hq.slack.com/ssb -          CLUTCH - http://www.pro-rock.com/ -          innocentlivesfoundation.org - http://www.innocentlivesfoundation.org/                                                02:30 - Trent Waterhouse Intro 03:11 - Starting Out Pre-Video 04:53 - A Brave New World 08:07 - Going Public 10:21 - Rise of the DeepFakes 13:03 - Video Watermarking 15:23 - A Simple Warning Will Do 19:11 - Staying Up to Date 21:22 - Insider Threat 23:42 - Find Trent Waterhouse Online    -          Website: https://www.globalmeet.com/ -          Instagram: https://www.instagram.com/globalmeet/ -          LinkedIn: https://www.linkedin.com/in/trentonwaterhouse/ 24:44 - Book Recommendations -          Pattern Breakers - Mike Maples, Jr, Peter Ziebelman 27:16 - Wrap Up & Outro -          www.social-engineer.com -          www.innocentlivesfoundation.org

Henrietta's Journey from FMCG to FoodTech VCHenrietta Hearth's path to venture capital began with a deep interest in nutrition and public health. After realizing the limitations of public health campaigns, she pivoted to the corporate world, launching over 100 products at firms like Danone and L'Oréal. Her transition into venture capital came via an MBA and a desire to drive meaningful change in the food ecosystem, ultimately leading her to Big Idea Ventures where she set up their European operations in Paris.Why Alternative Protein Is Still a VC OpportunityHenrietta explains that 30% of global emissions are linked to food, especially meat and dairy, making alternative protein a key climate solution. But beyond sustainability, alt-proteins tap into health and ethical concerns too. While the sector has suffered from overvaluation, like the now-cautionary tale of Beyond Meat, Henrietta argues there's still strong potential if companies focus on taste, affordability, and customer satisfaction.Cell-Based Meat and AI: What's Actually WorkingSome of the most promising innovations in food tech today combine scientific rigor with user-centric design. Henrietta points to Gourmey, a cell-based foie gras startup in Big Idea Ventures' portfolio, as a standout example of aligning tradition, taste, and ethics. She also highlights the emerging role of AI in food R&D, citing companies like New Wave Biotech, which are using machine learning to speed up product development, especially in precision fermentation.The Case for Going Beyond HypeWhile Henrietta sees AI as a valuable tool, she urges founders and investors alike not to get lost in the buzz. Real impact still comes from solving core problems, like child malnutrition or the lack of innovation in infant nutrition. She expresses a desire to see more startups tackling urgent global issues, particularly in underserved markets, where food tech can truly make a life-or-death difference.Building with Customers, Not Just CapitalHenrietta stresses the importance of founders building companies around real customer problems, not just investor narratives. Many early-stage companies focus too much on raising funds instead of validating product-market fit. Whether the end customer is a family or a large food corporation, the key to long-term success is solving meaningful, scalable problems. Be sure to follow Sesamers on Instagram, LinkedIn, and X for more cool stories from the people we catch during the best Tech events!

Is innovation failing because we're starting in the wrong place? In this episode of Tech Talks Daily, I'm joined by Colin Scott, Senior Vice President of DownSelect at Innventure, to challenge the default tech-first mindset that dominates R&D and corporate innovation. Instead of asking what a technology can do, Innventure flips the question: what real-world problem needs to be solved? It's a market-first philosophy, not a pitch deck philosophy, and it's led to some fascinating outcomes. Colin walks us through Innventure's DownSelect process, a trademarked, multi-stage approach for evaluating early-stage innovation through the MATCH framework: Market, Advantage, Timeline, Capital, and High Value.  The result? Out of over 150 evaluated opportunities, just four companies have cut, including PureCycle Technologies, AeroFlexx, and Rafinity. That 5 percent conversion rate isn't a bug; it's a feature. It's the design. Colin explains why prioritising unmet strategic needs over flashy prototypes leads to better long-term outcomes for customers, partners, and the technology itself. We also explore how Innventure fosters creative tension inside teams through something they call "Tigger Time," a framework that assigns roles for optimists and sceptics to surface risks and possibilities early in the process. It's a smart way to turn internal disagreement into forward momentum. So, how do you approach innovation in your organisation? Are you starting with the technology or the need? Please let me know your thoughts after listening.

And what are Wesley Bell & Eric Schmitt teaming up on? Not just R & D, but Senate and House, in Missouri? I'll drink to that! Xs and Os too!

Ben Solomon, Founder & CEO of FedTech, joins Mike Shanley to discuss the changing DoD innovation funding market, which startups are right for DoD market, and how to get access innovation funding. RESOURCES: GovDiscovery AI Federal Capture Support: https://www.govdiscoveryai.com/ Connect with Ben Solomon on LinkedIn: https://www.linkedin.com/in/ben-solomon-fedtech/ Small Business Innovation Research (SBIR) - https://www.defensesbirsttr.mil/SBIR-STTR/ Defense Innovation Unit - https://www.diu.mil/ BIOGRAPHY: Ben founded FedTech in 2015 and has led the firm through its growth from a small regional venture to an international company that catalyzes interaction between the venture world and the R&D community. He is passionate about democratizing access to deep tech and empowering entrepreneurs. Ben has taught on technology commercialization at his alma mater, the University of Maryland, and previously held positions at NBC Sports and Bloomberg News. He holds a BA in History from Princeton University. LEARN MORE: Thank you for tuning into this episode of the GovDiscovery AI Podcast with Mike Shanley. You can learn more about working with the U.S. Government by visiting our homepage: Konektid International and GovDiscovery AI. To connect with our team directly, message the host Mike Shanley on LinkedIn. https://www.govdiscoveryai.com/  https://www.konektid.com/  https://www.linkedin.com/in/gov-market-growth/  

In this episode of the Healthy, Wealthy and Smart podcast, host Karen Litzy welcomes Elizabeth Chabe, MBA, MS, CEO of High Touch Group and author of "The Giant's Ladder, The Science Professional's Blueprint for Marketing Success." Elizabeth shares her expertise in marketing within the science and technology sectors, particularly focusing on biotech and MedTech. She discusses the challenges faced by innovators in getting their ideas noticed and provides insights on how to market groundbreaking work effectively. Listeners will gain valuable strategies for building brand awareness and achieving market traction, making this episode a must-listen for health and wellness professionals looking to amplify their impact. Join Tara and Elizabeth as they explore the intersection of science, storytelling, and strategy in marketing. Time Stamps:  [00:01:43] Marketing strategies for science professionals. [00:04:33] CRISPR and corporate strategy. [00:10:58] Fractional wet lab space. [00:12:08] Storytelling in scientific marketing. [00:15:50] Founders and product-market fit. [00:19:24] Selling scientific products effectively. [00:25:20] Business strategy vs. marketing gloss. [00:29:43] Science marketing for founders. [00:34:40] Marketing strategies for researchers. [00:38:04] Philanthropic support for dog rescue. [00:39:19] Importance of mission in business. More About Elizabeth:  ELIZABETH CHABE (MBA, MS) is an author, entrepreneur, and recognized strategic marketing consultant for science, engineering, and technology organizations. Her work has been featured in The New York Times, Popular Science, Entrepreneur, CNBC, Composites World, and 360Dx, among others.   As the founder and CEO of High Touch Group, Elizabeth oversees a team that develops marketing and PR strategies for advanced science, engineering, and technology organizations. Through High Touch Group's holistic, comprehensive marketing services, clients generate more leads, drive revenue, and elevate their brands into the global B2B space.  Her work as a strategic consultant has been instrumental to biotechnology, energy, advanced materials, advanced manufacturing, robotics, and automation companies.  Since her first business venture at the age of nine, Elizabeth has built and overseen countless successful research programs and marketing teams. As the former senior manager of digital and strategic marketing at the Jackson Laboratory (JAX), she developed the marketing strategies for its mouse model portfolio, model generation (CRISPR), and in vivo contract research services.  Prior to joining JAX, she oversaw global communications for the Advanced Structures and Composites Center in Maine. There, she managed projects including the center's offshore wind research program, the largest research and R&D program in Maine's history.  Since 2018, Elizabeth has been a governor-appointed director of the Maine Venture Fund.  An inveterate traveler, she splits her time between the US and developing world communities. She currently resides in Mexico with her husband and rescue dogs.  Resources from this Episode: July 17th Jane Q&A Webinar High Touch Group Elizabeth's Website Elizabeth on LinkedIn Giant's Ladder Book   Jane Sponsorship Information: Book a one-on-one demo here Mention the code LITZY1MO for a free month Follow Dr. Karen Litzy on Social Media: Karen's Twitter Karen's Instagram Karen's LinkedIn Subscribe to Healthy, Wealthy & Smart: YouTube Website Apple Podcast Spotify SoundCloud Stitcher iHeart Radio

When I first heard about the “One Big Beautiful Bill,” I knew we had to break it down for the MakingChips audience. This isn't just another tax update—it's a massive, 900-page piece of legislation with real implications for manufacturers like us. Whether you're thinking about buying equipment, expanding your facility, hiring more people, or selling your business down the road, the OBBB touches nearly every part of the decision-making process. That's why I called up my friends at CLA—Susan Roberts and Steve Combs—two tax pros who spend every day helping manufacturers figure out what's changing, what's staying the same, and what you need to do now. In this episode, we sort through what's “informational” and what's “actionable”—so you can stop guessing and start planning. We talk about everything from the return of 100% bonus depreciation, to how you can now expense R&D costs again (finally), to smart moves around entity selection and estate planning. There's even a little salt cap drama in there. If you want to get ahead before year-end—or avoid getting caught off guard—this episode's for you. Let's get into it and talk about how this “big, beautiful” bill can work for you… not against you. Segments (0:18) Grow your top and bottom-line with CLA (1:33) Learn more about Susan Roberts and Steve Combs (4:05) What's “informational” vs. “actionable” in the bill (7:42) Bonus depreciation is back—100% write-offs retroactive to Jan 19, 2025 (10:01) How cost segregation studies unlock more depreciation for recent building purchases (12:20) Why you shouldn't buy machines just for the deduction (13:45) QBI deduction (20%) made permanent (and what that means) (17:48) Entity selection: Is it time to consider a C Corp? (19:30) R&D can now be fully expensed—unlocking credits, cash flow, and retroactive deductions for everyday shop work (27:37) Why you should listen to Buy the Numbers (30:17) Interest expense deductions get easier for manufacturers in 2025 (32:00) Limitations on capitalizing interest into inventory coming in 2026 (33:21) Individual tax deductions: SALT cap increased from $10K to $40K (with phaseout) (38:02) Why PTET (pass-through entity tax) strategies still matter (40:39) Advanced manufacturing credit for semiconductors increased from 20% to 35% (42:09) Clarifying that buying tax credits is still an option for large C Corps (46:55) Estate exemption increased to $15M and indexed for inflation (48:02) Opportunity Zone deferral extended—now with rolling 10-year plan (50:10) Low-hanging fruit for 2025: R&D recapture, bonus depreciation, cost seg studies (53:40) The risk of unintended consequences without a tax advisor (55:01) Final verdict: Is the One Big Beautiful Bill actually beautiful for manufacturing? (1:01:16) Don't get burned by recruiters who don't understand manufacturing Resources mentioned on this episode CLA's Website Susan Roberts - Susan.Roberts@CLAConnect.com Steve Combs - Steve.Combs@CLAConnect.com Tax Cuts and Jobs Act Manufacturing Grants Made Simple Hire MFG Leaders Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

In today's episode, we dive deep into the world of AI and tech innovation with Michael Abramov, the CEO and Co-Founder of Keymakr and Keylabs.ai. Michael, with a background in R&D management and software engineering, is on a mission to revolutionize industries through data annotation and computer vision-based AI. Keymakr, founded in 2015, specializes in providing high-quality, affordable training data for AI in various sectors, while Keylabs.ai offers cutting-edge data annotation platforms with built-in machine learning. Join us as we explore: ·       What data annotation is in the world of Computer Vision ·       How AI systems determine right from wrong ·       The dangers of data poisoning in AI accuracy Tune in now to discover how Michael and his team are shaping the future of AI technology! You can connect with Michael by visiting his LinkedIn! Episode also available on Apple Podcasts: https://apple.co/38oMlMr

As global food demand accelerates, the agricultural sector faces rising pressure to innovate faster, safer, and more sustainably. Today's guest on the ‘AI in Business' podcast is Brian Lutz, the Vice President of Agricultural Solutions at Corteva Agriscience, the world's leading pure-play seed and crop protection company. Brian joins Emerj Senior Editor Matthew DeMello to discuss their partnership with Deloitte to drive AI for discovery across biology and chemistry in agriculture. He explains how Corteva integrates AI into every phase of R&D — from genetic optimization in seeds to molecule discovery in crop protection. Want to share your AI adoption story with executive peers? Click emerj.com/expert2 for more information and to be a potential future guest on the ‘AI in Business' podcast! This episode is sponsored by Deloitte. Learn how brands work with Emerj and other Emerj Media options at emerj.com/ad1.

We have a very special Episode 220 of The Unique CPA for our listeners, focused on the massive changes brought about by the newly passed Reconciliation bill. Michael Warady moderates a discussion between Randy Crabtree and Phil Williams, and these Tri-Merit experts provide insights on immediate expensing for R&D, adjusting cost segregation strategy in light of permanent 100% bonus depreciation, the implications of changes in energy tax credits, the phased approach to certain tax provisions, the urgency for businesses to act swiftly to optimize their tax planning strategies, and more. You won't want to miss this absolutely vital summary of just some of the implications of the massive tax bill and what the immediate next steps are for both client and firm alike. Get the full show notes and more resources at TheUniqueCPA.com

Bryan Bockmon is  CEO of AimLock—a company pushing the boundaries of defense autonomy with real-world solutions that enhance mission effectiveness and save lives. Founded in 2013, AimLock is a U.S.-based developer of advanced autonomous targeting and engagement systems for defense applications. Their Core Targeting Modules—or CTMs—are designed to deliver decision-accelerating autonomy across a wide range of mission sets, including Counter-UAS, Force Protection, Direct Action, and more. With a fully networked, modular open systems approach, or MOSA for short, AimLock's technology integrates with everything from small arms to unmanned systems, aircraft, and maritime platforms. Bryan brings more than two decades of experience in R&D, engineering, and leadership across autonomy and weapons systems. At AimLock, he leads strategic initiatives and product development with a focus on scalable battlefield autonomy. He's a strong advocate for integrating autonomy into defense operations and is especially passionate about how small businesses are helping redefine the future of warfare—particularly in the wake of the global War on Terror. Under his leadership, AimLock is setting new standards for modular design and rapid field deployment. In this episode of the Drone Radio Show, Bryan shares insights on AimLock's innovations—including the role of Core Targeting Modules, how MOSA is transforming defense integration, and what the future holds for autonomy in the combat space. We'll also explore how AimLock supports platforms across air, ground, and maritime domains—and how lessons from real-world conflicts like Ukraine are influencing system design and deployment.

This Day in Legal History: “A Friend of the Constitution”On July 15, 1819, Chief Justice John Marshall took the unusual step of anonymously defending one of the most consequential Supreme Court decisions in American history—McCulloch v. Maryland. Writing under the pseudonym A Friend of the Constitution, Marshall authored a series of essays published in the Philadelphia Union and the Alexandria Gazette, responding to public criticism of the Court's expansive interpretation of federal power. The decision, issued earlier that year, had upheld Congress's authority to establish a national bank and struck down Maryland's attempt to tax it, solidifying the doctrine of federal supremacy.Marshall's public defense was significant because it revealed the political sensitivity of the ruling and the extent to which the legitimacy of the Court's reasoning was contested. The McCulloch opinion laid out the principle of implied powers under the Necessary and Proper Clause, asserting that the federal government could take actions not explicitly listed in the Constitution if they furthered constitutionally enumerated powers. The decision also famously stated, “the power to tax involves the power to destroy,” rejecting state efforts to control or burden federal institutions.Critics, particularly from states' rights factions, argued the decision centralized too much power in the federal government and eroded state sovereignty. Marshall's essays, though unsigned, were unmistakably in his judicial voice and aimed to calm anxieties about federal overreach by appealing to reason, constitutional structure, and the logic of a functioning union. His public engagement reflected an early awareness of the need to build public confidence in the judiciary's authority.This episode was rare in that a sitting Chief Justice chose to participate in public constitutional debate beyond the bench. It also underscored the foundational role McCulloch would come to play in defining the American system of federalism. The decision has remained a touchstone in constitutional law for over two centuries, cited in debates over congressional authority ranging from the New Deal to the Affordable Care Act.Marshall's intervention on July 15, 1819, was both defensive and visionary—a recognition that legal rulings do not exist in a vacuum and often require articulation beyond the courtroom to be enduring.The U.S. Supreme Court allowed the Trump administration to proceed with its plan to dramatically reduce the size and scope of the Department of Education. In a brief unsigned order, the Court lifted a lower court's injunction that had temporarily reinstated about 1,400 laid-off employees and blocked the transfer of key department functions to other agencies. The decision marks a major victory for President Trump, who has pushed to return educational control to states and fulfill a campaign promise to minimize federal involvement in schools.Three liberal justices dissented, with Justice Sonia Sotomayor warning that the ruling effectively grants the president power to dismantle congressional mandates by eliminating staff necessary to carry them out. The Biden-appointed district judge who had issued the initial injunction found the layoffs would likely paralyze the department. Critics of the plan, including 21 Democratic attorneys general, school districts, and unions, argue that the move could delay federal aid, weaken civil rights enforcement, and harm disadvantaged students.Trump has stated that vital services like Pell grants and special education funding will continue, though responsibilities would shift to agencies such as the Small Business Administration and the Department of Health and Human Services. Education Secretary Linda McMahon praised the Court's decision, calling it a win for students and families. The legal battle continues in lower courts, but the Supreme Court's decision enables Trump to move forward with an aggressive downsizing strategy that would cut the department's staff by half compared to its size at the start of his presidency.US Supreme Court clears way for Trump to gut Education Department | ReutersGermany's Federal Constitutional Court dismissed a lawsuit brought by two Yemeni nationals seeking to hold the German government accountable for U.S. drone strikes conducted from Ramstein Air Base. The plaintiffs, whose relatives were killed in a 2012 strike, argued that Germany shared responsibility because Ramstein served as a key communications hub for U.S. drone operations. They claimed that Germany failed its duty to protect life by allowing the base to be used in actions that allegedly violated international law.The court ruled that while Germany has a general obligation to protect human rights, especially regarding foreign policy, this duty was not activated in the case. The judges found no clear evidence that the U.S. was applying unlawful criteria in distinguishing between legitimate military targets and civilians in Yemen. They also concluded that the German government had acted within its discretion by relying on the U.S. interpretation of international law.The decision reaffirmed Berlin's broad latitude in conducting foreign and security policy, including alliance cooperation. Germany's foreign and defense ministries welcomed the ruling, stating it validated their legal position. The plaintiffs criticized the outcome as setting a dangerous precedent by shielding states that facilitate U.S. drone operations from accountability when civilians are harmed. The case reignited debate over Germany's role in supporting U.S. military actions from its territory.Germany's top court dismisses complaint against US drone missions | ReutersThe U.S. Court of Appeals for the Fourth Circuit temporarily blocked the Trump administration's attempt to terminate Temporary Protected Status (TPS) for thousands of Afghans living in the United States. The court issued an administrative stay through July 21 in response to a request from the advocacy group CASA, which is challenging the Department of Homeland Security's April decision to revoke TPS for Afghans and Cameroonians. CASA argues the move was arbitrary, discriminatory, and would cause irreparable harm to those affected.TPS allows individuals from countries facing conflict or disaster to stay and work legally in the U.S. for renewable periods, typically between six and eighteen months. The lawsuit is part of broader resistance to Trump's long-standing efforts to roll back TPS protections, many of which were halted by courts during his first term. Afghan advocates say ending TPS now would put lives at risk, particularly among those who supported U.S. operations in Afghanistan and women facing repression under the Taliban.The court's stay is not a final ruling but gives time for the legal challenge to proceed. The administration has until July 17 to respond. AfghanEvac, a coalition of veterans and resettlement advocates, supports the legal fight and urges the administration to restore TPS protections. Over 70,000 Afghans were admitted to the U.S. under temporary parole following the 2021 Taliban takeover, many of whom could be deported without continued legal status.US appeals court temporarily upholds protected status for Afghans | ReutersCongress has finally corrected the costly mistake it made with Section 174, restoring immediate expensing for research and development. But I don't view this as a victory—it's a reset. For three years, businesses operating at the forefront of innovation were forced to amortize R&D costs, a move that was not only economically damaging but entirely unnecessary. While lawmakers delayed fixing their own error, peer nations like China and Singapore advanced forward-looking tax regimes that actively incentivize both research and commercialization.Restoring immediate expensing brings us back to where we were before 2017, but stability in the tax code shouldn't be treated as a favor to innovators—it should be the baseline. R&D thrives on long timelines and clear signals, not temporary fixes and partisan reversals. If Congress wants to take innovation seriously, it needs to treat R&D expensing like core infrastructure and embed automatic responsiveness into the tax code. For example, if GDP growth stalls or domestic R&D spending drops below a certain threshold, the deduction should automatically increase—just as China did with 120% expensing for integrated circuits and industrial machinery.Beyond that, we need to rethink what we're rewarding. Under current rules, companies receive tax breaks for spending on research whether or not those ideas ever generate revenue, jobs, or real-world application. I'm not arguing against basic research, but I believe we should offer enhanced incentives for firms that meet defined commercialization benchmarks—like securing patents, licensing products, or manufacturing IP domestically.Repealing amortization was the right move, but the three-year delay already did serious harm to sectors both parties claim to support. Immediate expensing should now be seen as the floor—not the ceiling—of effective R&D policy. We can't afford to let innovation incentives swing with the political winds. That's why I believe Congress should require full economic scoring from the Joint Committee on Taxation or CBO before any future attempt to undo R&D expensing. You can't bind future lawmakers—but you can make them confront the cost of setting another fire.Fixing the R&D Tax Code Blunder Isn't a Victory, It's a Reset This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

In today's episode of Tech Talks Daily, I sat down with Alberto Prado, Head of Digital and Partnerships for R&D at Unilever, to explore how one of the world's largest consumer goods companies is reimagining innovation using AI. And not just in theory or in labs. This is technology already transforming the stuff most of us use every single day. From Dove body wash to Knorr stock cubes, Unilever products reach more than 3.4 billion people globally. That scale makes their R&D choices deeply relevant to how we live. What stood out in this conversation is how deeply integrated AI has become across their research efforts. This isn't about one flashy pilot project. Unilever currently runs over 400 AI initiatives across areas like microbiome science, biotechnology, and next-generation materials. Each one is focused on improving product performance, making items more sustainable, or creating personalized experiences for consumers. Alberto shared how Unilever's decades-long microbiome research is being accelerated through machine learning and high-performance computing. With over 30 terabytes of data and more than 100 patents, the company now holds one of the largest collections of human microbiome data in the world. That insight has directly influenced products like Dove and Vaseline and has led to innovations like the POND'S Microbiome Analyzer, which offers personalized skincare recommendations within an hour. In the field of biotechnology, Unilever is working with partners like Arzeda to create enzymes that outperform traditional cleaning agents, all while being more sustainable. A great example is the breakthrough behind RhamnoClean technology in Sunlight dishwashing liquid. By mimicking natural fermentation processes, Unilever can now produce bio-based surfactants that clean effectively, reduce water use, and are kinder to the planet. We also discussed how AI-driven virtual testing is replacing thousands of physical prototypes. This shift is helping Unilever rapidly develop new products like the Wonder Wash laundry detergent and Knorr's Zero Salt Cube. Alberto explained how digital models can simulate everything from stain removal in different wash cycles to how a cube holds together without salt, long before any physical version is made. And then there's the R&D Assistant, Unilever's own AI-powered co-pilot built in partnership with Microsoft. It connects over 150,000 scientific documents from across a century of research, letting scientists query insights in natural language. For Unilever's 5,000 researchers, it's not just a time saver. It's changing how they discover, collaborate, and innovate. This episode is a window into how legacy companies can drive transformation from within. Innovation isn't just happening in new industries or through startup culture.  Sometimes it's happening inside a washing machine cycle or a bottle of shampoo. So the question is, what can other large-scale enterprises learn from the way Unilever is scaling AI across its entire product development ecosystem?

In this episode: Announcement of two new partners at the firm, Andy Tobias and Dan Steele, and their leadership roles. Discussion of the renamed "One Big Beautiful Bill" (now simply “the Act”) and its key tax provisions. Confirmation that individual tax brackets and standard deduction increases are now permanent. Explanation of the new $15 million estate and gift tax exemption for 2026. Details on the repeal of moving expense and miscellaneous itemized deductions (except for military and intelligence). Expansion of the SALT deduction cap to $40,000 through 2029 with income-based phaseouts. Child tax credit increased to $2,200 with refundable portion made permanent. New above-the-line deductions for: Overtime pay ($12,500 single / $25,000 joint, 2025–2028) Tipped income (industry list pending, capped and phased out by income) Seniors over 65 ($6,000 deduction, 2025–2028) Car loan interest for American-assembled vehicles (post-2024 purchases only, capped at $10,000) Charitable contributions (up to $1,000 single / $2,000 joint for non-itemizers) The 20% Qualified Business Income Deduction (QBI or “CID”) is made permanent and inflation-adjusted. Bonus depreciation is restored to 100% for qualifying business assets purchased after January 19, 2025. R&D expense deductions reinstated (no longer amortized). Business interest deductions revert to being based on EBITDA instead of EBIT. Changes to 1099 reporting: threshold for 1099-NEC/MISC rises to $2,000 starting in 2026. 1099-K reporting threshold set at $20,000 or 200 transactions (postponing more burdensome lower thresholds). Final reminder that many provisions are subject to budget reconciliation constraints, meaning some are temporary or have sunset dates. Interview Overview: Michael Kopp, Executive Director of the Elizabeth W. Murphey School In this inspiring interview, Michael Kopp shares how the Murphey School provides more than just shelter, it offers structure, support, and stability to Delaware youth in need. With a focus on life skills, financial literacy, and emotional growth, the school helps prepare kids for adulthood. Mike also emphasizes the deep-rooted commitment of the staff and the powerful impact of community involvement. Want to Help? You can donate or get involved by visiting: murpheyschool.org/donations/make-a-donationv

In this episode of Builders Wanted, we are joined by Deepak Singh, Vice President of Developer Agents and Experiences at AWS, and Inbal Shani, Chief Product Officer and Head of R&D at Twilio. They discuss what it means to build with AI, the evolution of developer tools, and how they are assisting customers in leveraging AI for customer engagement and innovation. The conversation covers the importance of curiosity, adaptability, and trust in this new era of AI-powered development.-------------------Key Takeaways:Developers need to be curious and adaptable to thrive in the rapidly evolving AI landscape.Successful AI implementation relies on building trust, simplifying processes, and focusing on customer outcomes.Enabling experimentation while managing risk helps organizations fully leverage the potential of AI.-------------------“It is very easy for a dev team or a product team to say, ah, this is the best way of doing something and we are going to follow this through wherever we want to. Instead of working with customers to understand, do you even care? I think with AI it's very important to take constraints away.  So if you combine listening to customers and unconstraining your thinking, you can accomplish a lot.” – Deepak Singh“  When you're using AI, you need to understand that using a model, training a model, having the data, having a feedback loop, all of that is not a magical thing that just happens by itself. It requires investment and you need to be serious about it. When looking to take AI into production, you need to understand what is the complexity of the problem you're trying to solve, and how to deploy the right AI solution to really solve that problem versus swinging by.” – Inbal Shani-------------------Episode Timestamps:‍*(02:35) - What it means to be a builder and the hardest part about building tools ‍*(10:50) - The most exciting shift happening in the developer ecosystem‍*(21:17) - How to manage risk with the pace of innovation ‍*(26:15) - What people underestimate about building AI products at scale ‍*(40:57) - A recent signal that excites Deepak and Inbal about the future ‍*(43:52) - Quick hits-------------------Links:Connect with Deepak on LinkedInConnect with Inbal on LinkedInConnect with Kailey on LinkedInLearn more about Caspian Studios-------------------SponsorBuilders Wanted is brought to you by Twilio – the Customer Engagement Platform that helps builders turn real-time data into meaningful customer experiences. More than 320,000 businesses trust Twilio to transform signals into connections—and connections into revenue. Ready to build what's next? Learn more at twilio.com.

From candy aisles to cereal shelves, the bright reds, blues, and yellows in processed foods are undergoing a transformation. This episode, based on the recent Future of Commerce article, investigates the impending phaseout of synthetic food dyes like Red 40 and the operational tsunami it's creating for CPG manufacturers.As the FDA pulls key artificial dyes from the market and consumers demand cleaner labels, major brands like Kraft Heinz, PepsiCo, and General Mills are adapting with speed. But swapping synthetics for natural alternatives isn't just a simple ingredient change—it impacts everything from global agriculture to ERP systems.What You'll Learn in This Episode:What's Fueling the Phaseout of Synthetic DyesHealth concerns linked to ingredients like Red 40 and Yellow 5Regulatory crackdowns and voluntary industry commitmentsWhy Natural Alternatives Are Logistically ComplexStability challenges from light, heat, pH, and shelf lifeCost increases—up to 10x more expensive than syntheticsSupply constraints for ingredients like beet powder and spirulinaThe Ripple Effects on CPG OperationsFactory retooling to accommodate new viscosities and shelf-life constraintsThe impact on inventory, packaging, cold chains, and product formulationHow Technology Is Powering the TransitionSupplier management systems for new ingredient sourcingRecipe and product lifecycle management toolsReal-time workspaces connected to ERP for accelerated R&D-to-market turnaroundTraceability systems for consumer transparency and regulatory complianceKey Takeaways:The synthetic dye phaseout is being driven by both consumer demand and regulatory policyNatural colorants are chemically different—and operationally harder to manageCost, supply, stability, and compliance are all major hurdlesIntegrated digital systems give CPG companies the agility to adapt quicklyThe transition is as much a story about tech infrastructure as it is about food reformulationSubscribe to our podcast for expert insights on food industry innovation, CPG transformation, and regulatory disruption. Visit The Future of Commerce for data-driven coverage of how companies are responding to consumer and policy shifts. Share this episode with supply chain leaders, food technologists, and anyone invested in building a cleaner, smarter food system.

In this conversation, we dive into the world of AI, tech innovation, and data annotation with Michael Abramov, the CEO and Co-Founder of Keymakr and Keylabs.ai. With experience in R&D management and data collection, Michael became a software engineer with one goal in mind: to make a meaningful impact with his work. Whether he's working in agriculture or the automotive industry, he's on a mission to drive technological advancements and breakthroughs in creative ways… Keymakr was founded in 2015 as a response to a need for high-quality and affordable training data for computer vision-based AI. Now, they're developing annotation tools and data collection technology to help their partners and clients in Computer Vision create innovative models.  Keylabs is a state-of-the-art data annotation platform that uses built-in machine learning and efficient operation management to enhance data interpretation. Designed for optimal results, its advanced algorithms are practical for a diverse range of industries, including medicine, automotive, and security. Click play to find out: What data annotation means in the context of Computer Vision.  How boundaries of right and wrong are established within AI systems.  Examples of data poisoning and its impact on the accuracy of AI tools.   You can connect with Michael by visiting his LinkedIn! Episode also available on Apple Podcasts: http://apple.co/30PvU9C

00:00 – 00:15 — Introduction & Wheel of Doom Live check & goat tribute: The show opens with Sam and Mike confirming they're live and dedicating the episode to their late homestead goat, Krusty, acknowledging his impact on their energy and lifestyle . Wheel of Doom & scoring updates: They spin the infamous Wheel of Doom, recap last week's all-time high score, and discuss viewer suggestions to improve the wheel's design and the underlying scoring algorithm . Positive affirmations kickoff: In a tonal shift, they recite a series of uplifting affirmations—trusting the universe, attracting success—to set a hopeful mood after the morbid opener . Occult & conspiracy primer: A deep dive into “interdimensional demonic intelligence,” haunted regions, and the idea of fallen angels manipulating leadership, setting the stage for the show's blend of paranormal and geopolitical themes . Catherine Austin Fitts discussion: Hosts debate Fitts's sudden prominence—her Bush-era credentials versus recycled '90s conspiracies—questioning whether she's a genuine whistleblower or part of the mirage . Grid-down survival scenario: A video outlines how quickly society unravels when the power grid collapses, using Texas's near-miss in 2021 as a case study, and sketches the cascading failures—fuel shortages, hospital shutdowns, civil unrest—if it went national . Birkin bag origins: They marvel at Jane Birkin's prototype Hermès bag—its design born from an overhead-bin mishap—and note its looming Sotheby's auction, tying fashion to doomscroll culture . 00:15 – 00:30 — Ghost Town & Strange Finds Cold War ghost town for sale: A realtor's clip showcases a 100-acre, 43-home radar station in Finland, MN—overgrown, possibly contaminated—sparking fantasies of doomsday cults or Airbnb-style retreats . Reframing Jesus's resurrection: A Baha'i-perspective video argues that Jesus's teachings matter more than the resurrection miracle, prompting Sam and Mike to reflect on faith, church burnout, and spiritual practice . Mysterious Sri Lanka structure: They react to explorers finding a solitary white edifice in dense jungle—speculating on its origin, purpose, and cinematic quality . DMT, aliens & death: A bizarre mash-up video links UFO encounters to DMT experiences and mortality, leaving hosts both fascinated and skeptical of this incomplete puzzle . 00:30 – 00:45 — Tech & Strength Big Tech in uniform: Sam can't believe top CTOs from OpenAI, Meta and Palantir were sworn in as Army Reserve lieutenants—no boot camp, no public vetting—raising alarms about private data controlling military R&D . World's strongest grip: A clip profiles an arm-wrestling phenom whose grip strength defies belief; the hosts discuss training methods, human potential, and the absurdity of televised strength feats . 00:45 – 01:00 — Paranormal & UFOs Demonic watchers & Nephilim: Returning to biblical conspiracies, they explore a video on fallen angels and the watchers, debating the reality of demonic intelligence shaping our world . High-wire UFO crash: A rumor video claims alien craft crashed onto power lines above a highway; Sam lambastes its implausibility, noting how fighter jets could intercept any rogue drone . 01:00 – 01:15 — Fasting & Smuggling Angus Barberi's 382-day fast: A 1965 hospital case study reveals Barberi shed 276 lbs in 382 days on water, black coffee, and electrolytes—emerging at 180 lbs with no loose skin, baffling medical experts . Hosts' fasting banter: Sam and Mike share their own intermittent-fast plans, rib each other about homeopathic ban requests, and drop a shout-out to “the number one podcast” on Earth . Utah crude-oil smuggling: A news video covers a family indicted for shipping $300 million of Mexican crude into the U.S. under false waste declarations, blending greed, corruption, and border intrigue . 01:15 – 01:30 — Geopolitics & Blackouts Vanishing Boeing cargo planes: Three 777 freighters bound for Luxembourg disappear near Iranian airspace amid regional strikes—no proof of covert arms runs, but global eyebrows raise . Iran's digital blackout: After blaming cyber-threats, Iran forces a near-total internet shutdown; Starlink terminals smuggled in reactivate connections, highlighting “Black Mirror”-style information warfare . Cartoon news on ritual war: An animated briefing frames Israel's preemptive strikes, Iranian warnings, and proxy clashes as a deadly ritual game—Sam likens the visuals to dystopian satire . New World Order conspiracies: They unpack a spoof news segment on puppet-master elites fueling perpetual conflict, questioning which flavor of authoritarianism we'll ultimately choose .   Watch Full Episodes on Sam's channels: - YouTube: https://www.youtube.com/@SamTripoli - Rumble: https://rumble.com/c/SamTripoli Sam Tripoli: Tin Foil Hat Podcast Website: SamTripoli.com Twitter: https://x.com/samtripoli Midnight Mike: The OBDM Podcast Website: https://ourbigdumbmouth.com/ Twitter: https://x.com/obdmpod Doom Scrollin' Telegram: https://t.me/+La3v2IUctLlhYWUx