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Episode 208 - Botnet Battles, the State of AI, and M&A Activity in SMB

The Killing IT Podcast

Release Date: 06/18/2024

Episode 208 - Botnet Battles, the State of AI, and M&A Activity in SMB show art Episode 208 - Botnet Battles, the State of AI, and M&A Activity in SMB

The Killing IT Podcast

Topic 1: Massive Botnet Network Taken Down Police coordinated by the European Union's justice and police agencies have taken down computer networks responsible for spreading ransomware via infected emails, in what they called the biggest-ever international operation against the lucrative form of cybercrime. The European Union's judicial cooperation agency, Eurojust, said that police arrested four “high value” suspects, took down more than 100 servers and seized control of over 2,000 internet domains. Related Link:...

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Episode 207 - Bigger and Bigger MSPs, AI, and How to Consume Advice show art Episode 207 - Bigger and Bigger MSPs, AI, and How to Consume Advice

The Killing IT Podcast

Check out the bonus Killing IT content on MSP Radio's Business of Tech podcast! Today's a great day to subscribe to that: https://www.businessof.tech/subscribe/ -- -- --  Topic 1: The Current State of Mergers, Acquisition, and MSP Consolidation Mergers and Acquisitions are alive and well in the MSP channel. Jay McBain from Canalys predicts a growth of M&A of 50% in 2024. In addition to MSPs themselves, he says that we’ll see some major vendors acquired as well. The promise of these larger organizations is always that they’ll bring efficiency and profit. So far, that hasn’t...

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Episode 206: ChatGPT Year 1, Robots Multiplying by Thousands, and Destructive Private Equity show art Episode 206: ChatGPT Year 1, Robots Multiplying by Thousands, and Destructive Private Equity

The Killing IT Podcast

Topic 1: Chat GPT 1 year later. AI Article Summary: Elon Musk creates his own AI company called X.AI, while Satya Nadella of Microsoft invests in OpenAI and accelerates plans to incorporate AI into Microsoft's products. OpenAI releases ChatGPT as a "low key research preview," which becomes a hit. Meta, led by Mark Zuckerberg, faces challenges with its own chatbot and struggles with the decision to go open-source. Microsoft introduces its own chatbot in Bing, surpassing Google's efforts. Geoffrey Hinton, a prominent AI scientist at Google, decides to quit and reflects on the rapid advancements...

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Episode 205 - Overworking, AI, AR, and More! show art Episode 205 - Overworking, AI, AR, and More!

The Killing IT Podcast

We're Baaaaaack! The Killing IT team returns . . . with a fun and educational Q4 show.  Topic 1: Overworking  Have you heard the term Over Employment or Overworking? These are folks who manage to hold down two or three full time jobs using apps and BS. Are these just eager, hardworking "gig" folks, or are they thieves who are simply more interested in making money than earning an honest living? A few links: They even have their own web site. Topic 2: Catch up on Artificial Intelligence Wow! What a year. Are we in the middle of a singularity? ow much is this like the early...

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Episode 204: KIT LIVE at the SMB Online Conference show art Episode 204: KIT LIVE at the SMB Online Conference

The Killing IT Podcast

Topic 1: How much will AI change our business in the next twelve months? ChatGPT now has over 100 million users. Government wants to regulate it. We’re past the hockey stick moment.    --- Topic 2: Oh Dear God - Minority Report crack for Ryan: Movie clip reconstructed by an AI reading mice's brains as they watch Researchers have put together a 30-second movie clip based on a group of mice's brain activity data that was recorded while they watched the footage     --- Topic 3: How dead is the metaverse? KP: Not every “cool” technology has a big future. It will find its...

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Epsiode 203: AI is Moving Fast, Killing IT Revisits the Cabana, & This Isn't Goodbye but See You Later show art Epsiode 203: AI is Moving Fast, Killing IT Revisits the Cabana, & This Isn't Goodbye but See You Later

The Killing IT Podcast

Topic 1: The Arms Race is Here...AI is Definitely Moving Fast, but Will It Break Things? ChatGPT is now integrated in Bing as “Prometheus.” That sounds ominous. But Bard is also coming. And now Ernie. And Claude. Soon there will be AI bots generating “conversations” and disrupting the search industry on all sides of the globe. Is that a good thing? Sample alternative tools -    ...And also, apparently writing software is about to become a less-lucrative career path. --- Topic 2: Revisiting the Cabana... Four years ago, we set out to change the way our industry discussed...

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Episode 202: The Good Guys win the Cyber Wars, Scientist Using Wifi to See Through Walls, & AI and Ethics show art Episode 202: The Good Guys win the Cyber Wars, Scientist Using Wifi to See Through Walls, & AI and Ethics

The Killing IT Podcast

Topic 1: Score 1 for the Good Guys in the Cyber Wars In a significant development in the fight against ransomware, the FBI announces that they have shut down a notorious cyber gang after infiltrating their system months ago and secretly giving decryption keys to ransomware victims. Topic 2: Ummmm … This is Some Seriously Scary Big Brother Stuff Scientists have announced that they are able to see people through walls using WiFi technology. And not just the “heat blob” from Hollywood movies … but detailed movements and positions. On a scientific note, this is cool. On a security /...

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Episode 201: Jobs Again, FBI Crime Data is NOT Good, & First Personal Drone to be Produced by India show art Episode 201: Jobs Again, FBI Crime Data is NOT Good, & First Personal Drone to be Produced by India

The Killing IT Podcast

Topic 1: Sorry: Let’s talk jobs. December: Total new jobs UP 235,000. That is despite the fact the enterprise companies (500 employees+) reduced jobs by 151,000 ← Great summary stats Spotify  600 (6% of workforce) Twitter  3,700 (50% of those who lasted this long) Salesforce 7,000 (10% of workforce) Microsoft 10,000 (5% of workforce) Tesla  10,000 (10% of workforce) Google  12,000 (6% of workforce) Amazon 18,000 (1% of workforce) Oh, and . . . Apple  0 (0% of workforce) - Minor adjustments at retail locations See also the big Layoff-Tracker Service at TrueUp -...

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Episode 200: Labor Hoarding, Tech Workforce 2023, We Got the Digital Workplace Wrong show art Episode 200: Labor Hoarding, Tech Workforce 2023, We Got the Digital Workplace Wrong

The Killing IT Podcast

Topic 1: Small companies are “labor hoarding” while large companies are laying off. Keeping employees at any cost! Topic 2: Understanding the Dynamics of the Tech Workforce in 2023 Data Point 1: Tech Layoffs are Happening … But Not Because Tech is Suddenly Less Valuable Data Point 2: Tech Jobs are Less Attractive to Young Professionals Data Point 3: Shifting Preference for Generalists vs. Specialists … Plus a Mainstream Rise of “Business IT” Contributors Amazon layoffs delivered by email. ← Low class or just modern times? Topic 3: Cal Newport on the Digital Workplace: We...

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Algorithms in need of MGMT Training, Microsoft drops $1B on ChatGPT, & Apple to Create Their Own Chip show art Algorithms in need of MGMT Training, Microsoft drops $1B on ChatGPT, & Apple to Create Their Own Chip

The Killing IT Podcast

Topic 1: Algorithms Need Management Training, Too! From Wired Magazine. Human beings excel at avoiding responsibility for difficult decisions. Management and personnel decisions are often difficult. Therefore, they are great candidates for turning decision-making over to the bots. What could possibly go wrong? Topic 2: Microsoft drops $1 Billion on ChatGPT I should have bought more Microsoft stock yesterday. :-)  Looking to the true “next level” of product development. Microsoft was an early investor in ChatGPT  Topic 3: Apple to drop Broadcom chip and make their own. Is this...

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More Episodes

Topic 1: Massive Botnet Network Taken Down

Police coordinated by the European Union's justice and police agencies have taken down computer networks responsible for spreading ransomware via infected emails, in what they called the biggest-ever international operation against the lucrative form of cybercrime.

The European Union's judicial cooperation agency, Eurojust, said that police arrested four “high value” suspects, took down more than 100 servers and seized control of over 2,000 internet domains.

Related Link: https://abcnews.go.com/Business/wireStory/massive-international-police-operation-takes-ransomware-networks-arrests-110667670

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Topic 2: AI Update, because We Have To

Are strategies emerging? 

Amazon is a brokerage for models
Microsoft is doing CoPilot
OpenAI is everywhere
Apple just announced Apple Intelligence
Cisco announces a pile of stuff

Is there a “killer app” coming soon? 

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Topic 3: How is the M&A Frenzy affecting SMB IT?

Google “m&a in it consulting” and you’ll find articles, events, advice, and a whole lot people scrambling for the almighty dollar.

Are the KPIs used in business acquisition really the KPIs you should be using to run a solid, long-term business?

The most common way that small businesses “end” are 1) Walk away, and 2) Sell the client list. None of those people are getting 3x profit or even 3x EBITDA. Should they change their business or just keep doing what they’re doing?

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Sponsor Memo: IT Service Provider University 

This episode is Sponsored by Karl’s next big class at IT Service Provider University.

The five-week course, Core Standard Operating Procedures for Small IT Service Providers, starts July 2nd and costs only $399. This class walks through the most important processes and procedures you need to run a successful, profitable IT company. And best of all, you get massive handouts as a "first draft" for your own SOP library.

More information at https://www.itspu.com/all-classes/classes/core-operating-procedures/

:-)