Artificial intelligence is making an impact in the auto body industry, streamlining the estimating process and improving the customer experience.
Does anyone remember Deep Blue? The IBM supercomputer that beat world champion Garry Kasparov in a six-game chess match in 1996? That was a “wow” moment for me and one of the first examples of how powerful and effective artificial intelligence (AI) could be.
Here we are in 2024, and AI has permeated all aspects of our lives. When you rent a horror movie on Amazon Prime Video, you start seeing a “Movies We Think You’ll Like” section suggesting other horror-related flicks. That’s AI working invisibly in the background. When you click on a cooking video on Instagram and start seeing more cooking videos as “Suggested Reels” in your feed, that’s AI. When Google Photos assembles the latest snaps from your family vacation into a video, titles it “Trip to South Carolina” and adds background music, that’s AI.
Planning, thoughtful implementation and thorough tracking of results will deliver a successful philanthropic program that also delivers a return on investment.
The most critical first step in an exit or transition plan is to develop a financial plan and personal vision of what your life will look like post-business.
Today’s collision repairers are challenged with a new set of concerns, one being the need to follow OEM repair procedures.
CARSTAR Jacobus Founder Jerry Jacobus and son Dave share a passion for collision repair and also model railroading.
In a perfect world, every repairer would make the right decisions in every repair, but we don’t live in a perfect world.
We talk so much about how much collision repair is changing, but so is the world of media!
For the new year, it’s important to conduct a thorough audit of your finances to look for areas of opportunity and things to change.
The good news for shops that want to sell but do not fit a consolidator’s
profile is that there is a fresh pool of new buyers.