Why Incumbents LOVE AI - by Shomik Ghosh

The Reverse Innovators Dilemma

The current instantiation of AI (with the use of LLMs) is frankly mind blowing. ChatGPT opened our eyes to the form factor that Transformer architectures could be easily used for. Since then, every board meeting and team in every industry has been thinking about how to incorporate LLMs into their product to improve the user experience. With all this happening, the natural conclusion is that we’re in a massive phase shift where innovator’s dilemma will catch up to existing companies. This could not be further from the case. As a reminder ChatGPT was released in December 2022. That’s 6…

related reading

• Hallucinations in AIluttig.substack.com
• AI Revolution - Transformers and Large Language Models (LLMs)blog.eladgil.com
• What We’ve Learned From A Year of Building with LLMs – Applied LLMsapplied-llms.org
• Convictionconviction.com
• Things I Don't Know About AI - by Elad Gil - Elad Blogblog.eladgil.com
• AI Will Not Make You Rich - Colossuscolossus.com
• Startups vs Incumbents in the AI Eranfx.com
• The end of incrementalism: how AI will reward maximalist start-upsphilipjclark.substack.com
• Who Owns the Generative AI Platform? | Andreessen Horowitza16z.com
• Thoughts on the job market in the age of LLMsinterconnects.ai
• Defensibility in the Age of AIsethbannon.com
• The biggest bottleneck for large language model startups is UX | by Davis Treybig | Innovation Endeavors | Mediummedium.com