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Startups vs Incumbents in the AI Era

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Fueled in part by the recent Generative AI boom of ChatGPT, tech incumbents had some of their best 12 months in recent memory. Since ChatGPTs launch in November 2022, Amazon and Microsoft are up about 55 percent. Google is up about 42 percent. And the incumbents are doubling down on this new trend, 44% of the capital invested in generative AI is controlled by Microsoft, AWS, Anthropic, GitHub, OpenAI, and Alphabet. Significant new technologies can create seismic shifts in the economic landscape. The internet disrupted traditional media enormously creating massive new companies such as Google, Facebook, and Netflix. The mobile revolution similarly created many new multi-billion dollar companies, but also further extended the position of incumbents like Google and Apple. So what will happen with the AI revolution? Will most of the benefits accrue to the incumbents which have substantial resources or will they accrue to the new startups which can move quickly and build compelling and nove

Startups vs Incumbents in the AI Era Get our weekly newsletter that 322K+ startup teams read Subscribe Startups vs Incumbents in the AI Era Pete Flint · @peteflint · Jan 2024 · AI Pete Flint · @peteflint Jan 2024 · AI Table of Contents Sustaining Versus Disruptive Innovation Highlighting AI’s Disruptive Qualities A Strategy for Fields Where AI is a Sustaining Technology See Yourself Clearly There’s a perception that most value in the Generative AI space will accrue to incumbents. Fueled in part by the recent Generative AI boom of ChatGPT, tech incumbents had some of their best 12 months in rec

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