12/7/2023 0 Comments Blitzscaling by reid hoffmanAs in Glengarry Glen Ross, “second prize is steak knives. If you win, efficiency isn’t important if you lose, efficiency is irrelevant. The risk isn’t inefficiency or wasting money - the risk is playing it too safe. Prioritize correctness and efficiency over speed.īut in certain markets today, this is too slow. Take calculated risks that you can measure and afford. Traditional business strategy involves gathering information and making decisions with a certain degree of confidence. The ability to reach millions (or billions) of users and service their needs automatically, at nearly no marginal cost, creates situations where a powerful company becomes ever more powerful through positive feedback loops, like network effects and virality. The enabler is the Internet - specifically, its power of zero-marginal-cost distribution. The first company to achieve a critical mass can dominate its industry for a long time. In markets where Internet technology is a dominant factor, there are powerful winner-take-all dynamics. And that has set off an AI arms race among Big Tech companies including Apple, Microsoft and Google, and a blistering rally in mega-cap tech shares this year.1-Page Summary 1-Page Book Summary of Blitzscaling The cutting-edge technology has soared in popularity over recent months following the blockbuster debut of OpenAI's human-like large language tool ChatGPT. Let's use the technology to help make the transition," he told the publication. And so when you say what should we be doing as leaders? What should we be doing as government? Well, let's help people. is an answer on all three of those things. How do you reskill people? How do you help match them to other jobs? How do you give him superpowers to do other jobs?" Reid Hoffman said in an interview with Fortune, when asked whether generative AI would eliminate jobs. "There will be some jobs that will disappear and navigating all that's really important, both as CEOs and as societies…But A.I. The rise of artificial intelligence will wipe out some jobs – but the groundbreaking technology also has its positives from an employment standpoint, according to the co-founder of LinkedIn.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |