If you’ve ever ended your workday wondering where all your time went, you’re not alone. In nearly every business or career, a small set of repetitive, low-value tasks drains the majority of our productive hours. This is the Pareto Principle in action: 20% of your workload consumes 80% of your energy. The good news? With AI, you can identify and automate that 20%—freeing up hours each week for higher-value work that actually moves the needle.

Welcome to AI Advisory — the podcast and publication dedicated to keeping you ahead in the age of artificial intelligence. I’m your host, David Peterson, and today we’re exploring one of my favorite topics: how to use AI in your personal life. Most people still think of AI as a workplace tool. Something for data scientists, corporate strategists, or maybe a productivity booster for busy executives. But here’s what often gets overlooked: some of the most life-changing applications of AI happen outside of work. In fact, the ways AI can help you in your personal life are often easier to start, faster to benefit from, and in many cases, more fun.

AI is often sold as a time-saver — and it’s true. With the right tools, you can automate repetitive tasks, draft faster, analyze data in minutes, and respond to customers at scale. But here’s the thing: simply saving time doesn’t guarantee you’ll grow your business, increase profits, or hit your next career milestone. The real differentiator isn’t how much time AI gives you back — it’s how you reinvest that time. This is what I call the AI Time Dividend. Just like a financial dividend can be spent or reinvested, the hours AI frees up can either disappear into busywork… or be strategically used to accelerate results.

Artificial intelligence has moved past the novelty stage. Chatbots, generative content, and automation tools are no longer just “cool tech” — they’re quickly becoming baseline expectations in competitive industries. But for many businesses, AI adoption is still stuck in experimentation mode. They try tools, dabble with prompts, maybe even run a pilot project — but struggle to translate that into measurable returns. If you want AI to pay off in productivity, customer experience, and profitability, the key is shifting from one-off experiments to a deliberate, ROI-focused AI strategy. Here’s how to bridge the gap.

The job search process has changed more in the last two years than in the previous twenty.If you’re still applying the old-fashioned way—sending out the same resume, writing every cover letter from scratch, and spending hours hunting for roles—you’re already behind the curve. Artificial Intelligence is now one of the most powerful tools in a job seeker’s arsenal. Used correctly, it can cut your search time in half, sharpen your applications, and even prep you for interviews better than any career book ever could. Here’s your playbook for using AI to go from “just another applicant” to “top contender.”

Today’s episode we’re exploring the world of AI-generated images: how tools like Midjourney, DALL·E, and others are transforming the way we create visuals for work, education, and creative projects.

In this episode, we’re exploring AI in education — specifically, how teachers are using it to personalize learning in ways that used to take hours, sometimes days, of planning. We’ll look at the latest AI integrations in classroom tools, break down a step-by-step method for creating custom quizzes and study guides in seconds, and share the story of a high school teacher who used AI to boost student engagement without increasing their workload.

in this episode, we’re exploring a concept that helps you predict what’s going to last — not just in books and technologies, but in habits, institutions, and even personal decisions. It’s called the Lindy Effect — and it offers a surprising insight: The longer something has survived, the longer it’s likely to keep surviving. Let’s get smarter. What Is the Lindy Effect? The Lindy Effect comes from a blend of observation and mathematics. The core principle is this: For non-perishable things — like books, ideas, or technologies — their future life expectancy is proportional to their current age.

Today, we are dealing with a concept that flips conventional wisdom upside down. In most cases, higher prices reduce demand — that’s Econ 101. But what if, in some markets, raising the price actually increases desire? That’s the paradox of the Veblen Good — a product that becomes more appealing the more expensive it gets. Let’s get smarter.

Today, we’re digging into a concept that helps explain why certain services — such as college tuition, healthcare, or live theater — continue to increase in cost, even when their quality doesn’t appear to change. It’s called Baumol’s Cost Disease, and while the name sounds medical, it’s really about the economics of labor, productivity, and pricing. Let’s get smarter. What Is Baumol’s Cost Disease? Baumol’s Cost Disease is a theory developed by economists William Baumol and William Bowen in the 1960s. Their original question was: Why do costs rise so quickly in performing arts, like live orchestras and theater, even when productivity doesn’t improve?  

Today we’re tackling a principle that once dominated economic thinking — a phrase you’ve probably heard boiled down to: “Supply creates its own demand.” This is Say’s Law, a foundational idea in classical economics — and also one of the most hotly debated. Let’s get smarter.

This is the Law of Supply and Demand — the invisible force behind price changes, market movements, business strategy, and even what you pay for eggs. Let’s get smarter. What Is the Law of Supply and Demand? At its core, the Law of Supply and Demand explains how prices are determined in a market economy through the interaction of two forces: Demand: How much of a good or service people want at different prices Supply: How much of that good or service producers are willing to offer at those prices When these two forces meet, they create a market equilibrium — a price and quantity that balances what buyers want with what sellers are willing to provide. Prices aren’t random. They’re signals — constantly adjusting to match supply and demand in real time. Let’s Break It Down

Today we’re revisiting a cornerstone of international economics. It’s a concept so simple in logic yet so powerful in implication that it underlies the entire modern global trading system. This is the Theory of Comparative Cost — and it explains why countries, companies, and even individuals should specialize in what they do best, even if they’re better at everything. Let’s get smarter. What Is the Theory of Comparative Cost? The Theory of Comparative Cost, more commonly known as Comparative Advantage, was developed by the British economist David Ricardo in the early 19th century. Here’s the core idea: A country (or person) should specialize in the goods or services for which it has the lowest opportunity cost, and trade for everything else — even if it could produce all of them more efficiently.

Today we’re exploring a foundational model that tries to answer a huge question: What drives long-term economic growth? It’s called the Solow Growth Model, and it’s one of the most important tools economists use to understand why some countries grow rich, while others stay poor — and what it takes to sustain prosperity over time. Let’s get smarter. Why Study Growth? In economics, we care a lot about GDP growth — the rate at which an economy produces goods and services.

today we’re looking at a concept that’s as provocative as it is controversial — a theory that asks: Does inequality get worse before it gets better? It’s called the Kuznets Curve, and it’s been central to debates about growth, fairness, and whether rising prosperity naturally leads to a more equal society. Let’s get smarter. What Is the Kuznets Curve? The Kuznets Curve is a graphical hypothesis that suggests there’s a predictable relationship between a country’s level of economic development and its level of income inequality. The shape of the curve is an inverted U: At the early stages of development, inequality rises. At later stages, inequality falls.

Today we’re diving into a concept that transformed not only economics, but also political science, business negotiations, and military planning. It’s called the Nash Equilibrium, and it explains why — in many strategic situations — people don’t necessarily choose the best overall outcome… but instead settle on a stable one, even if it’s suboptimal. Let’s get smarter. What Is a Nash Equilibrium? A Nash Equilibrium occurs when each player in a game chooses their best strategy given what everyone else is doing — and no one has anything to gain by changing their own choice alone. In simpler terms: once everyone has chosen their strategy, no one wants to move — because moving makes them worse off unless others move too. It’s a state of mutual best responses — a kind of strategic ceasefire.  

What Is the Phillips Curve? The Phillips Curve is a graphical representation of the inverse relationship between inflation and unemployment. In its original form, it suggests that: When unemployment is low, inflation tends to rise. When unemployment is high, inflation tends to fall. The idea is that tight labor markets drive up wages, which in turn push up prices — leading to inflation. Conversely, during periods of high unemployment, wage growth slows, reducing inflationary pressure. So the curve suggests a trade-off: if you want lower unemployment, you might have to accept higher inflation — and vice versa.

today we’re going back to one of the foundational ideas in classical economics. It’s a theory that explains why some land is more valuable than other land, why landlords profit even without improving anything, and why inequality in resource ownership can persist for centuries. This is David Ricardo’s Theory of Rent — a simple, elegant model that reshaped how we think about land, location, and economic surplus. Let’s get smarter.

What Is Creative Destruction? The phrase was popularized by economist Joseph Schumpeter in the 1940s. In his book Capitalism, Socialism and Democracy, he described capitalism as a system of constant upheaval — where new innovations relentlessly destroy old ways of doing things. His exact words? “The process of industrial mutation... incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one. This process of creative destruction is the essential fact about capitalism.” It’s not just a side effect — it’s the main event. Innovation doesn’t politely add new features. It breaks things. It replaces jobs, bankrupts old businesses, and reorganizes entire markets.

I’m David Peterson from the DMP Strategy Group, and today we’re turning back the clock to explore one of the most influential — and, in many ways, controversial — economic theories of the past 200 years. This is Malthusian Theory, and it’s all about a fear that has haunted societies for centuries:What happens when population growth outpaces the food supply? Let’s get smarter.