Larger companies have the data and computational capacity to power this tech. Here’s how startups can still compete.
October 28, 2024
HBR Staff via AI
Post
Post
Share
Annotate
Save
The startup ecosystem is shifting due to the rise of artificial intelligence. AI favors larger companies, necessitating a change in mindset for startups from disruption to transformation. While startups will face challenges in accessing sufficient data and computing power, they still have opportunities to innovate by providing AI-driven services directly to consumers.
For 30-odd years, Silicon Valley had an extraordinary run. American entrepreneurs pioneered innovative digital businesses that disrupted sector after sector of the economy. These startups were massively profitable, minting enormous new fortunes and a new generation of titans.
New!
HBR Learning
Business Case Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Case Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make your next business case more compelling.
Start Course
-
HT
Hemant Taneja is CEO and managing director of global investment firm General Catalyst, backers of legendary companies like Stripe, Snap, Samsara, Airbnb, Kayak and Gusto. Hemant is also a best selling author and advocate for Responsible Innovation, with his latest book Intended Consequences being named a Forbes Top Ten Tech Book of 2022.
-
FZ
Fareed Zakaria is the host of Fareed Zakaria GPS on CNN and a columnist for The Washington Post. He is the author of five New York Times bestselling books, Age of Revolutions (2024), Ten Lessons for a Post-Pandemic World (2020), In Defense of a Liberal Education (2015), The Post-American World (2008), and The Future of Freedom (2003).
Post
Post
Share
Annotate
Save
New!
HBR Learning
Business Case Development Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Business Case Development. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Make your next business case more compelling.
