Harvard Business Review November 21, 2024
Summary.
In business strategy and entrepreneurship, it is necessary to have a protective “moat” to sustain high performance. As gen AI systems advance in capability, they promise to transform and disrupt industries far beyond traditional software, to the point where they will threaten companies’ existing moats and reshape the business landscape. The three pillars driving AI forward — compute power, model development, and training data — are all advancing rapidly, meaning businesses need to quickly adapt to the new paradigm. By lowering moats in many industries, AI will promote new entry....
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