Why Smart Speakers Matter for Your Business | WealthVoice Startup Story - Ep. 4

TL;DR

Technology is advancing rapidly, and voice technology is becoming the fastest-growing consumer technology. In order to stay relevant, businesses must embrace voice technology and adapt their marketing and communication strategies accordingly.

Transcript

hi my name is emily bender i am a voice technology consultant strategist and speaker i'm also the founder of wealthvoice when we landed on the moon in 1969 there were guidance computers aboard apollo 11. the original iphone had 120 million times faster computing power than those guidance computers so put that another way the calendar app alone on t... Read More

Key Insights

• ☠️ Technology is advancing at an exponential rate, with computing power becoming increasingly faster with each generation of devices.
• 🔇 Voice technology, including smart speakers and AI assistants, is the real technology behind the hardware and is driving the growth of voice-first interactions.
• 👨‍💼 Businesses that fail to embrace emerging technologies, such as voice technology, risk becoming obsolete in the competitive market.
• 👨‍💼 WealthVoice aims to provide a solution for businesses to establish an authentic brand presence on voice technology platforms like Alexa.
• 🤩 Building a simple and user-friendly product is key to success in the voice technology market.
• 👨‍💼 Businesses must understand the problem they are solving and ensure that their product or service addresses a genuine need in the marketplace.
• 👨‍💼 Voice technology enables businesses to maintain an authentic voice and effectively transmit their messaging and philosophy without relying on physical screens.

Questions & Answers

Q: How much faster is the computing power of the iPhone compared to the guidance computers on Apollo 11?

The original iPhone has 120 million times faster computing power than the guidance computers on Apollo 11. The calendar app alone on the iPhone 6 is 32,600 times faster.

Q: Why is voice technology considered the fastest-growing consumer technology?

Voice technology offers a more natural and convenient way to interact with technology. With the rise of smart speakers and AI assistants, people are gravitating towards using their voice to get things done.

Q: Why is it important for businesses to embrace voice technology?

As technology continues to evolve, traditional methods of communication such as text, emails, and social media posts may become less relevant. Businesses need to establish an authentic voice and be present on voice technology platforms to maintain effective communication with their audience.

Q: What can businesses do to adapt to voice technology?

Businesses can start by utilizing voice technology platforms, such as Alexa, to establish a customized premium brand presence. This allows businesses to directly communicate with their clients using their authentic voice and stay ahead in the evolving market.

Summary & Key Takeaways

• Technology is evolving at an accelerated pace, with the computing power of the original iPhone surpassing that of the guidance computers on Apollo 11 by 120 million times.

• Voice technology, including smart speakers and AI assistants, is rapidly growing and becoming the preferred method of interaction with technology.

• Businesses need to embrace voice technology and establish an authentic voice to communicate with their audience effectively.