I’m always watching the latest trends, especially in tech and innovation. And the venture capital scene right now? Pretty wild! While overall investments dipped by 12%, AI is still the biggest bet of the show, accounting for nearly 40% of all funding. Investors are doubling on AI, IT, and healthcare through massive mega-rounds. Honestly, if you’re a startup and not incorporating AI into your model, you’re missing out. The future of VC seems tied to how intelligent your algorithms are to solve current problems! So, what’s holding startups back? My question to those not incorporating AI yet is simple: what’s stopping you? Is it the high costs or the lack of technical know-how? The hardest part of this trend is seeing fantastic ideas get devoured by AI. Want to deliver the news? AI does it faster. Thinking of starting a design company? Yep, AI’s already miles ahead. It’s becoming harder to ignore the fact that, in many industries, AI is not just a nice-to-have—it’s essential for survival. What’s the game plan if you’re a startup trying to compete? I’d love to hear your thoughts. PS: I loved the insights from https://lnkd.in/deCHddMP - the source for my above details.
In my opinion AI it’s a complete shift of designing and building your product, business model, distribution etc. it’s a completely new game out there. A lot of big guys will fall and disruptive startups will be build in the next coming months
Staying nimble until it hurts, and you need to hire, and even then, only if there’s no AI tool to help you do part of the work you’d need to hire - that’s what I think most companies starting off now should do.
I think founders are yet to find ways of incorporating AI tech. Maybe it is a creativity issue, rather than vision. Finding ways to incorporating AI with other tech or human interface is key, for both founding and customers. AI is here to stay.
AI is definitely the name of the game now! Startups got to adapt or risk being left behind. Cost barriers and skills gaps are real issues too, though. What strategies could tackle these challenges?
Enabling Enterprise Co. to streamline their operations with Conversational AI
2moA tricky question indeed, because on one side, you need to have AI in order to remain relevant. On the other hand , just an integration with ChatGPT doesn’t cut it anymore. So, indeed is gonna be challenging for start-ups in the future.