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Nathan Werst

👤 Person
348 total appearances

Appearances Over Time

Podcast Appearances

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

I, you know, I tried my hand at this, uh, this March and I put, I don't know, maybe like five or 10 hours into, into making a, uh, bracket with an AI and. it wound up in like the 88th percentile of all brackets. It got most of the games, right. Called some huge upsets. And it was a, you know, monumental Houston claps away from being in the, like the 99th percentile of all brackets.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

I, you know, I tried my hand at this, uh, this March and I put, I don't know, maybe like five or 10 hours into, into making a, uh, bracket with an AI and. it wound up in like the 88th percentile of all brackets. It got most of the games, right. Called some huge upsets. And it was a, you know, monumental Houston claps away from being in the, like the 99th percentile of all brackets.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

I, you know, I tried my hand at this, uh, this March and I put, I don't know, maybe like five or 10 hours into, into making a, uh, bracket with an AI and. it wound up in like the 88th percentile of all brackets. It got most of the games, right. Called some huge upsets. And it was a, you know, monumental Houston claps away from being in the, like the 99th percentile of all brackets.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

It got all the elite eight and final four teams. Right. And, you know, had Houston winning it all. So unfortunately dropped the ball on that one, but you know, it, it, it got me thinking like, I was only a handful of games away with this model that I made in a relatively short amount of time.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

It got all the elite eight and final four teams. Right. And, you know, had Houston winning it all. So unfortunately dropped the ball on that one, but you know, it, it, it got me thinking like, I was only a handful of games away with this model that I made in a relatively short amount of time.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

It got all the elite eight and final four teams. Right. And, you know, had Houston winning it all. So unfortunately dropped the ball on that one, but you know, it, it, it got me thinking like, I was only a handful of games away with this model that I made in a relatively short amount of time.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

And if someone really puts a lot of time into it and comes up with the right algorithm and makes enough brackets with it to account for some of the variability and the volatility we see, I don't think it'll happen every year. But I do think that there is a decent possibility that it gets it right within the next 15 to 20 years.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

And if someone really puts a lot of time into it and comes up with the right algorithm and makes enough brackets with it to account for some of the variability and the volatility we see, I don't think it'll happen every year. But I do think that there is a decent possibility that it gets it right within the next 15 to 20 years.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

And if someone really puts a lot of time into it and comes up with the right algorithm and makes enough brackets with it to account for some of the variability and the volatility we see, I don't think it'll happen every year. But I do think that there is a decent possibility that it gets it right within the next 15 to 20 years.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

Yeah. No, it's probably going to be sooner than that because we actually have March Madness and my company, The Leading Niche, and, you know, put everybody winning in. The person who won the $500 gift certificate used ChatGPT.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

Yeah. No, it's probably going to be sooner than that because we actually have March Madness and my company, The Leading Niche, and, you know, put everybody winning in. The person who won the $500 gift certificate used ChatGPT.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

Yeah. No, it's probably going to be sooner than that because we actually have March Madness and my company, The Leading Niche, and, you know, put everybody winning in. The person who won the $500 gift certificate used ChatGPT.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

No way. Yes.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

No way. Yes.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

No way. Yes.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

She used ChatGPT. She used ChatGPT and she won. And everybody else was, you know, they put in their best brains, their best thinking, but she was the one. And I asked the question because I was curious, at least on the corporate team, how many people did it versus did anybody use it? She was like, I did it, I'll admit, and she won.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

She used ChatGPT. She used ChatGPT and she won. And everybody else was, you know, they put in their best brains, their best thinking, but she was the one. And I asked the question because I was curious, at least on the corporate team, how many people did it versus did anybody use it? She was like, I did it, I'll admit, and she won.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

She used ChatGPT. She used ChatGPT and she won. And everybody else was, you know, they put in their best brains, their best thinking, but she was the one. And I asked the question because I was curious, at least on the corporate team, how many people did it versus did anybody use it? She was like, I did it, I'll admit, and she won.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

That's incredible. I made one AI bracket and one personal picks bracket, and the AI one outperformed the personal picks by a landslide. I also won my group using my AI algorithm. So, you know, it's on the rise. I think it's doable. You know, it's, I don't know that, like I said, you know, I don't think it's going to happen all the time, but I think someone somewhere is going to get it right.

Lead With AI
"40% of Your Ad Budget Goes to Products Nobody Buys": The AI Solution Retailers Can't Ignore

That's incredible. I made one AI bracket and one personal picks bracket, and the AI one outperformed the personal picks by a landslide. I also won my group using my AI algorithm. So, you know, it's on the rise. I think it's doable. You know, it's, I don't know that, like I said, you know, I don't think it's going to happen all the time, but I think someone somewhere is going to get it right.