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…

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