Chanticleer Book Reviews

Tag: Analysis & Strategy

  • THE SOUND Of The FUTURE: The Coming Age of Voice Technology by Tobias Dengel with Karl Weber – AI Technology, Analysis & Strategy, Voice Technology, Business

     The Sound of the Future: The Coming Age of Voice Technology by Tobias Dengel with Karl Weber presents elaborate insight into the evolution of voice technology, showing it to be the next big innovation in the tech world.

    Dengel begins by stating that long-distance vocal communication was unattainable for a long time, and now can seamlessly liberate humans from familiar but ‘clumsy’ tools such as keyboards, knobs, pedals, buttons, and levers. It has been well articulated by various news quarters that voice recognition is gaining a reputation and growing usage with the rise of artificial intelligence and intelligent aids, such as Amazon’s Alexa and Apple’s Siri. This technology has for the first time allowed consumers to interact with technology simply by conversing with it, facilitating hands-free propositions, reminders, and other simple duties.

    This technology is presently in a major shift, as numerous industries worldwide are incorporating it into their daily routines and procedures.

    The author has proposed some of the greatest benefits of voice technology, along with reasons why it has not yet transformed the world as quickly as it could. His findings and deductions are persuasive and beautifully illustrate how business leaders can stay ahead of the game rather than scramble to catch up as voice technology uncovers its potency.

    Through Dengel’s research and experience as a global leader in digital product design, readers will learn what makes voice technology phenomenal to the point that every big player in the business sector is heavily invested in it. Dengel states, “The voice is completely different from previous interface revolutions because the voice is not a technological interface but rather a human interface, one that virtually all humans on earth learn to use beginning in infancy and use naturally and intuitively every day of their lives.” These words usher in his well-founded justifications for voice as the present day’s ultimate and indispensable interface for economic pursuits.

    The Sound of the Future thoroughly covers the impact of AI on humanity. It is one of the best technological compasses yet written.

    This book offers practical scenarios to help readers easily understand various complex technological details. These advancements will soon impact all of human enterprise, and Dengel expertly demonstrates to the reader the need to learn and educate others about the growing dependency on AI tools. This lively book thereby becomes an indispensable companion to anyone who wishes to understand AI technology, its quest for human-level intelligence, and its ever-growing influence.

     

     

    5 Stars! Best Book Chanticleer Book Reviews

  • PRIVATE MONEY LENDING: How to Consistently Generate a Passive Income Stream by Gustavo J. Gomez, Ph.D. – Budgeting & Money Management, Analysis & Strategy, Personal Finance

    PRIVATE MONEY LENDING: How to Consistently Generate a Passive Income Stream by Gustavo J. Gomez, Ph.D. – Budgeting & Money Management, Analysis & Strategy, Personal Finance

    Are you in retirement, or close to it, wondering how you’re going to make ends meet pulling from your portfolio? Well, you’re not alone if you’re staying up at night thinking about how low-interest rates are killing your investments.

    In a practical and easy to read format, Gomez explains to investors the particulars of a little known, yet potentially lucrative investment technique that can handle the ups and downs of the stock market. Unlike stocks, the underlying security of private money lending is a tangible asset – brick and mortar, so there is another layer of protection for you, the investor.

    But what is Private Money Lending? According to Gomez, it refers to a private individual or organization that lends money. Typically, when you’re looking for financing, you would go to a bank. With private funds, on the other hand, you’re going to an individual or organization that specializes in this type of lending. The upside of private money lending is that it’s less regulated, which means less red tape. The icing on the cake, he says, is that these investments have consistently generated 9 to 12 percent returns* – not bad considering stock market investments have averaged closer to 7 percent, and with much more fluctuations. We can’t forget the economic crash of 2008 when many stock market investments plummeted close to 40 percent.

    In a nutshell, amid the 2008 economic crash, the Federal Reserve lowered interest rates to help boost the US economy, the author explains in fluid and well-organized chapters. The general thinking was to reduce interest rates to encourage people to borrow money, who then would go on to buy more products – all good for the American economy. However, those same low-interest rates translated to less growth for those in retirement. Private money lending offers an alternative strategy that could generate a “predictable, safe, and consistent income stream that this low-interest rate environment does not currently permit,” Gomez says.

    No investment comes without risk, Gomez reminds his readers, so his bottom line advice for investors: do your homework (start with this book), find out who is offering the loan, and check they have a good track record.

    Even though the content derives from Gomez’s doctoral research and dissertation conducted at Florida Christian University in Orlando, it’s not academic in style. In fact, you will find it conversational and accessible, with a thorough glossary of terms (e.g., origination fee, negative amortization, and Private Mortgage Insurance) and recommended reading to further your knowledge.

    Whether you’re in your golden years relaxing on a sandy beach or fast approaching retirement, you will want to read Gustavo Gomez’s Private Money Lending: Learn How to Consistently Generate a Passive Income Stream.

    *as of the book’s publishing (2015)

     

    Private Money Lending Learn How to Consistently Generate a Passive Income Stream won First Place in the 2017 CIBAs for Instruction & Insight!