4min snip

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Yann LeCun on Why Artificial Intelligence Will Not Dominate Humanity, Why No Economists Believe All Jobs Will Be Replaced by AI, Why the Size of Models Matters Less and Less & Why Open Models Beat Closed Models

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

NOTE

The Innovators Dilemma and the Future of AI Business Models

The business model challenge is a classic innovator's dilemma/nGoogle didn't pursue this innovation because it would have threatened their profitable Google Ads business/nThe costs of pursuing this innovation outweighed the potential benefits for Google/nBuilding a business that integrates AI and augmented reality will be key to success in the digital world/nMeta has a history of making bold choices, such as the move to mobile/nIt's important to prioritize and act quickly in order to stay ahead in the digital landscape

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