The AI Trap: Why Buying More Tech Won’t Fix Your Broken Business

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Finding Peak with Ryan Hanley 1h 4m 2 speakers 8 chapters transcribed 1 month ago
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Why buying more AI tools won’t fix a broken business?

Dr. David Bach 0:00
It turns out ChatGPT hallucinated the entire thing. If you don't actively use AI, you're gonna fall behind. It's not gonna replace humans. You're dealing with a very young but very powerful capability. If you can't articulate what you're doing in a way that makes sense, nothing is gonna save you. The theory that AI is gonna replace us all, I don't see that happening. tonight.
Ryan Hanley 0:33
David, I really appreciate you taking the time, man. Um, this is a topic that is near and dear to my heart. I'm an armchair kind of mindset, peak performance psychology. Um, and I love talking to guys that actually know what they're talking about and are and are trained and think about this stuff every day. So I appreciate your time and looking forward to getting into it, man.
Dr. David Bach 0:52
Thank you. Thank you. I I'm I'm excited.
Ryan Hanley 0:56
Yeah. So so one of the things um when when your your people reached out and I was digging in and uh I I got really excited to chat with you was, you know. you kind of live right now and and and your career in general, but but right now you live in this space between, you know, AI, um and and and peak performance and kind of the the the mindset and and neuroscience that that sits in the middle. And and as we talked beforehand before we went live, like you have you have the platform that you're building and the technology you're building, as well as this is what you've done for a very long time for a living as a career, you've been a consultant, a coach, and you've done this. So what I love is it is is kind of this isn't just you did a uh a 201 regression analysis in an MBA class and said, oh, there's an opportunity in neuroscience and AI.
Ryan Hanley 1:48
Like this is this is your life. And what what I kind of want to start the equation or start the equation, start the conversation with is a conversation. Yeah. Um like what's What's real in this space? Being that you have your hands in AI, but you've also done the work offline. Like if someone's if someone is is sitting here going, you know what? I'm a little nervous to hire a coach and go all the way to hire someone, but I'm not really sure how much AI can actually help me or or how real it is or or what kind of real insights can I get. Like maybe we just level set the playing field for Like How much like like what is real today and what isn't in terms of what someone can extract from say an AI tool in general?
Ryan Hanley 2:36
Like can they trust these things? Can they dig in or Is there still human in the loop necessary? Just I'll leave that kind of there and let you roll.
Dr. David Bach 2:44
As you ask that question, I'm hearing two very different questions. And let me just start on. Can I tell you what I think I heard? Because those questions lead to different paths. Yes. Uh Вот виду аптівс. is we are building Um the capability to make AI aware of your physiology. And so Our our technology allows the AI to know Are you paying attention? What's your cognitive workload? Kind of are you in the zone or are you in kind of a tilt state? With the theory that allowing the AI to become physiologically aware will make the AI more effective at working with you. And so one way of interpreting your question is how real is the stuff we're doing? You know, in terms of take a bunch of brain data, analyze it, and can you actually
Dr. David Bach 3:46
read what's in the brain in a meaningful way, can you use it to make the AI better? But I heard a completely separate question, which is kind of how real is AI generally? Which is like, forget the brain data, but like if I go on to ChatGPT or Claude, kinda You know Can I use it? Is it is it useful? And that's like independent of us. And I'm happy to talk to either of those things, kind of my expertise is in the the first one. But you know, I I live right in the middle of the AI world. So, you know, I'm happy to t take either one or both.
Ryan Hanley 4:24
Why don't we start at the higher level and work our way down to your specific uh product and what you're doing?
Dr. David Bach 4:31
You know, my company, we're always in fundraising mode, right? And so Um one of my existing investors had a friend called him up and said, Hey, you should look at this company optives and think about doing an investment, right?

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