Notion’s AI tool: Just when I thought it couldn’t get any better

11

October

2024

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Over the past few months, I’ve experienced a significant transformation in my productivity levels, all thanks to Notion. As someone who juggles multiple projects and responsibilities, finding an efficient way to organize schoolwork, extracurriculars and hobbies always been an issue for me. Notion has not only met these needs but exceeded them, becoming a vital part of my daily routine. Funny enough, I now notice peers around me in the BIM lectures also using the application.

Notion: A Unified Workspace

One of the first things that drew me to Notion was its ability to consolidate various aspects of my work into a single platform. No longer did I need separate apps for note-taking, task management, and project collaboration. Notion’s versatile pages and databases allowed me to create customized workspaces tailored to each project. Additionally, the Notion calendar integrates all deadlines from my Notion databases. This integration has been a game-changer for my time management, ensuring I never miss a deadline. The seamless connection between my project databases and calendar has eliminated the need for manual updates, reducing the risk of overlooking important tasks. With everything in one place, I can easily prioritize my workload and allocate my time more efficiently.

Notion’s AI

The introduction of Notion’s AI tool took my productivity to another level, and I bet it could do the same for you. As BIM students, we were bombarded with concepts and information from the start. Notion and its AI has been a game-changer in helping me navigate these challenges. Unlike ChatGPT, Notion’s AI directly interacts with your existing notes and documents, providing more contextual summaries without having to update all your work into ChatGPT. For notes, I use pre-fabricated templates that I make at the beginning of the course, with AI blocks at the bottom of the page. After I am done with the notes, these blocks automatically generate quiz questions and answers about the material. When starting an essay (or this blog), Notion’s AI helps me create an outline promptly, providing a structure to build upon. This feature has been particularly helpful when I’m stuck or facing writer’s block. The AI can suggest ideas, expand on concepts, or even help rephrase sentences for clarity. It’s like having a collaborative partner who understands the context of my work and can provide relevant, intelligent input on demand.

Beyond Schoolwork

Notion’s versatility extends beyond academics into personal life. I have started using it for planning workouts, saving recipes, and organizing hobbies. Recently, while planning a catering event for 50 guests, Notion’s AI assistant automatically calculated ingredient quantities, which came out perfect. I’ve also created custom databases for fitness tracking and started on a digital recipe book. The ability to link related information across pages has strongly sparked my curiosity. For example, Notion AI could help create a personalized meal planning system. It could suggest recipes based on dietary preferences, generate shopping lists, and even calculate nutritional information. For fitness enthusiasts, Notion AI could analyze workout data, suggest improvements, and create customized training plans. In project management, it could automate task assignments, predict project timelines, and generate progress reports. I’m curious to find out if, and how, other BIM students use Notion to increase their productivity. Also, I hope more people start using it, so that group projects can be hosted from Notion instead of Google Drive or Sharepoint!

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Can even the oldest industries be platformized? VonWood tries to disrupt the timber marketplace

18

September

2024

No ratings yet.

Two years ago I was asked by an acquaintance if I had time do a basic chore at his family member’s start-up. Some simple data entry work in Microsoft Excel. I agreed, and later that week found myself in a small office filled with three employees. Catalogs from Scandinavian sawmills were spread across the table. My task? Enter their product specifications into a spreadsheet. Their company was 2 months old, what exactly were they trying to do? Revolutionize one of the oldest existing industries; the timber industry.

The founders noticed a significant issue in the timber supply chain: numerous intermediaries, none of whom added real value. So, they created a platform to connect sawmills directly with customers—specifically, construction professionals. The model had clear potential: cutting out middlemen meant lower timber costs for buyers (provided they purchased in bulk), and sawmills could reach a broader customer base while offering lower prices, thereby boosting demand.

However, VonWood faces a familiar challenge for platform businesses—balancing supply and demand. While they’ve already raised €2.7 million in funding (VonWood, 2023), their key challenge is scaling both buyers and sawmills at the same pace. As more construction professionals use the platform, it becomes more attractive to sawmills, who can bypass middlemen. Yet, the platform must continue to offer enough variety and competitive pricing to entice new customers. Success hinges on achieving the network effects that fuel many platform businesses, but VonWood is still working toward that critical tipping point.

On the supply side, sawmills are intrigued by the platform’s potential to open new markets, but convincing them to join in significant numbers remains an ongoing effort. The founders emphasize that removing intermediaries not only makes timber more affordable but also makes pricing more transparent—a significant selling point. It is interesting to me – I would think to any BIM student – to keep track of their development. Even more so now that I learn more about information goods strategy. For instance, VonWood applied platform envelopment by partnering up with Finmid, a fintech company. This collaboration allows for the customers of the platforms to get access to financing for their timber (VonWood, n.d.)

The company adopts a transaction cut strategy, taking a small percentage from each sale. I figure the founders understand that pricing needs to remain competitive to gain traction. Charging too high a fee could deter early users, so the founders try to maintain a balance, working to encourage growth without sacrificing the platform’s financial sustainability. As the platform continues to grow, and demand-side economies of scale develop, the company can increase its fee accordingly.

VonWood remains in active pursuit of its ambitious vision: to revolutionize the timber trade by leveraging technology and platform dynamics. Although it has yet to reach the scale of a dominant marketplace, the foundation is being laid for a future where the platform can fully harness the power of network effects to transform an age-old industry

Sources

https://www.vonwood.com/nl/blog/collaboration-between-vonwood-and-finmid

https://www.vonwood.com/nl/blog/press-release-investment-announcement

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