Tuesday, Oct. 17th

No-fluff news for busy CEOs

Hello CEO,

While you were busy growing your empire

1. Chip War Escalates

When the US introduced chip sanctions to curb China’s ability to develop advanced AI, they left some loopholes. Today, the US said it was adding new restrictions as well as limiting the sales of advanced chips to China. It’s the latest chapter in the tech competition between the US and China… Read more here.

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2. Immigration Policies Hurt EU Tech

Immigrants have been filling the talent gap in Europe’s tech industry, particularly in the UK. But a series of anti-immigration measures are hurting that and leaving business leaders baffled. It appears governments have forgotten how vital immigrants are for tech… Read more here.

3. AI Hasn’t Taken Jobs Yet

Despite long-standing concerns that AI would swoop in and take jobs, yet unemployment is at 3.8% and millions of jobs are available. The truth is that new tech tends to actually create new jobs. You may even be seeking AI experts yourself… Read more here.

Fellow CEOs Are Using:

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4. Empathy Isn’t A Soft Skill

Microsoft’s CEO, Satya Nadella, has a top tip for CEOs: learn empathy. In fact, he says it’s a crucial skill, not a soft skill. He said learning empathy has “reshaped” him as a leader at work… Read more here.

5. Subscription Fatigue Is Here

It seems like everything has subscription fees these days, but are you actually just alienating customers? This piece makes the case that you should be worried about “subscription fatigue,” despite the stability of subscription models. Is it time to return to hard fees?.. Read more here.

Bonus. Stat Of The Day

According to a Harvard professor, nearly 75% of direct-to-consumer companies have some sort of subscription offering.

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Produced by: @MarketingMax
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Thanks for being an important part of my journey 🙂 

Frud