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Three things Groundhog Day and ChatGPT taught me about AI Posted by Scott Nelson in Perspectives on 1/25/2023 If ChatGPT could write a philosophy paper, why not a Groundhog post? I doubted that anyone could tell if I wrote it. So, I created an account and logged into ChatGPT. Read More

Three Ways Data Can Assure the Transition from Broker to Lessor Posted by Scott Nelson in Perspectives on 12/27/2022 One of the oldest and most common business plans in equipment finance is the broker-to-lessor transformation and goes like this: establish one’s brand as a finance broker, build customer and lender relationships, grow the business to the point where one can secure funding for the paper and become a lessor. One could say it’s a straightforward three-step process. Read More

How do you eat a digital elephant? One byte at a time. Posted by Scott Nelson in Perspectives on 11/4/2022 The old adage– “How do you eat an elephant? One bite at a time” might seem out of context today, but the modern-day version, attributed to Bishop Desmond Tutu, conveyed a philosophy about how to change culture and socio-economic systems. Read More

Jevons Paradox Meets Moore’s Law: Why AI Will Drive More Hiring in Equipment Finance Posted by Scott Nelson in Perspectives on 10/20/2022 AI is making employees more productive, companies more competitive, and once again bringing the counterintuitive reality of Jevons Paradox into view. Read More

Moving at the Speed of Thought – Top Reasons to Use AI Posted by Tamarack in Perspectives on 10/17/2022 Dr. Scott Nelson, President and Chief Digital Officer, Tamarack Technology and Dr. Timothy Chou, Lecturer, Stanford University, and author of the book: Precision: Principles, Practices and Solutions for the Internet of Things discuss the benefits of implementing artificial intelligence (AI) and machine learning (ML) in any organization. Read More

3 Ways Finance Brokers Can Empower Themselves with Data Posted by Scott Nelson in Perspectives on 9/27/2022 Equipment Finance is a business that feels like running on a treadmill set at twelve. And the roughly 12,500 finance brokers operating in the space are trying to help lenders keep up. Read More