?? My outlook for 2023
Every year, I present my outlook for the year ahead. This year, I cover off:
As it is a long-ish overview, I suggest you head to the main outlook.
An extract of my assessment of AI is below:
AI has the hallmarks of an important technology. The maturation of generative tools, both in text and video and image, has sparked lots of?useful experimentation and people building products quickly, and the creation of ecosystems around them.?
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Language and image-based AI tools are also making their way into products very quickly which, in turn, will help corporate adoption. Firms won’t want to be left behind. This will spur another wave of adoption, which had started to flat-line in the past couple of years,?according to McKinsey .
But will AI firms, like OpenAI or Stability, turn out to become a new generation of big tech firms? OpenAI is on track?to make $1bn by 2024 , which sounds quick. But in reality, 2024 will be the outfit’s tenth anniversary. Google exceeded a billion in revenue in its fifth year. Facebook got there in its sixth. (And a billion bucks was more back then?and?the Internet economy was far smaller.)?
And the idea of “big tech” is not merely about middling revenue in the low billions. It is also about structural advantage parlayed into strategic gain: power, in other words. Today’s big tech firms started to look big tech-ish by 2013/2014 but the phrase “big tech” really comes into its own a few years after that. The AI players are still a way away from that kind of power. But?we are much more aware?of how that kind of power can emerge—perhaps at an exponential rate.?
Might AI-driven chatbots represent a major threat to the incumbent big tech firms??
For the rest of my analysis, please head over to read the outlook.
Author of international best-seller, keynote speaker, trainer, coach
1 年Thanks for your outlook Akeem. Your mention on "generative tools" inspired me to check out that article as well. Your comment inspired me: “Give me a molecule that is translucent in its solid form and smells of mint.” Okay....so what would that be? I am so curious now.
Growing biotech innovation ecosystems. Founder @ Biocatalyst Foundation and Enzymity.
1 年The deeptech funding bit is the closest to my heart :) apart from market-hinting by the gov'ts, I'd venture (!) to suggest that ???????????????? ?????????????????? (both LPs and GPs) - as well as more ?????????????????????? ?????????????? VC (biology, physics, chemistry etc backgrounds) might help boost the amount of financial support available to tech-risk startups. Especially early ones. Plus, certain large sectors like synthetic biology ???????????????? into systems-based disciplines could gradually reduce time-to-market similarly to how it happened with computer hardware/software in the second part of the last century (although perhaps at ???????? point something else will be called "deep-tech" already).
Unlocking Potential | Human Connection | Storytelling | Facilitator
1 年I would love if you could share a review of you r past yearly themes such as 2020 and 2021. Would find it super interesting.