In this lesson, we are going to talk about opportunities for startups, considering especially the
characteristics of the new artificial intelligence.
So it's important in this section to also remember what happened during the internet revolution and
the changes in the field of startups.
Do you remember the internet hype?
Do you remember the initial.com startups?
Do you remember the bubble?
Blah blah blah.
So we have a.
We are similar in some senses situation with artificial intelligence.
We are a lot of hype.
We have different waves of companies, different ways of startups, and this is just starting.
So we are going to talk about startups a lot in this, in this section.
And I think that the material we are providing in the attached materials, uh, is great.
It's going to be super helpful for you, not just if you want to be an entrepreneur or if you are an
entrepreneur right now.
Also, if you want to work in the startup, uh, world, uh, but even if you are in the business side,
you know, the corporate side, uh, you will find that many of the movements we are seeing in the startup
world have a very interesting consequences, uh, in the corporate world as well.
So very interesting section, the one we are, uh, reviewing.
So the one of the most important things to keep in mind is that artificial intelligence is more than
just a technological tool.
It is a paradigm shift.
Redefining how companies operate and serve their customers, I repeat.
Artificial intelligence is more than just a technology tool.
It is a paradigm shift redefining how companies operate and serve their customers.
So if I tell you that the way companies operate and serve their customers is changing, you will tell
me what this is essential for companies.
So you tell me this is changing a lot is changing.
Yeah.
This is what is happening right now.
Artificial intelligence is a paradigm shift.
Redefining how companies operate and serve their customers.
This is huge.
Second very important point.
Startups with their agility and innovative approach are at the forefront of this revolution and the
opportunities to create value are immense.
So same thing.
It's very helpful for us to remember what happened during the internet revolution.
So usually big companies are.
He's not lazy, is reluctant to change.
So startups, by its own definition and characteristics, are much better suited for change and innovation.
So this is a huge opportunity for startups.
A we are talking about a.
Huge opportunities to create value.
And we are talking about these small companies, the startups that are very fast and that are very innovative.
So the sky is the limit today for startups.
Another important point.
The success of every any artificial intelligence startup depends not only on technology, but also on
vision, adaptability and a deep understanding of market needs.
So it's not just about technology.
It's also about business.
And you will see that whenever we are talking about a very technical field and very technical entrepreneurs,
sometimes they are so in love with technology that they.
Forget that technology.
In order to have a business sense have to respond to a customer problem.
So very important to keep that in mind.
The success of an artificial intelligence startup depends not only on technology, but also on vision,
adaptability, and a deep understanding of market needs.
A deeper note about agility.
So the situation today is a challenge for large companies and an opportunity for startups.
Despite the enormous promise of these technologies, large companies are in a tricky position.
The rapid pace of artificial intelligence advancement is overwhelming.
And the bureaucratic structures of large corporations often hinder rapid adoption and adaptation.
Large companies struggle to keep up with the latest research, and their decisions are happening, are
hampered by the need to focus on short terms, financial results, and change management.
In this scenario, startups have an inherent advantage their agility and ability to innovate without
constraints.
Okay, so excuse me.
Second.
Very important message.
Agility is an advantage of startups.
Third.
Very important note.
The main challenge from for startups is going from a demo to a product, a professional product.
That's why this program is so important because we go farther.
Most courses that are talking about toy demos that are giving you some simple ideas that.
Are very frustrating when you want to go to the market with them.
So in this program we are going until the last step, the professional application.
So while building prototypes and demos has never been easier, the real test for startups is to move
from the demo phase to creating robust and scalable products.
Artificial intelligence startups must focus not only on technology, but also on understanding market
needs and adapting quickly.
Okay, and last note about AI startups.
Very important note with as many possibilities as the new artificial intelligence opens up, it is essential
for startups to focus on specific areas whether enterprise solutions, market niches or sectoral problems.
So one of the big temptations of the current situation is trying to solve every problem that AI can
solve, or trying to serve every possible customer I can help.
It is very important for the startups to focus their attention in a small niche.
At first, this has been one of the golden lessons of the startup world.
During the last 30 years and we need to keep applying this principle in this moment.
If you plan to create a startup or if you are working in the startup world, do not forget the niche
focus.
It is very important for you to focus on one particular segment of customers and to deliver the best
solution for them.
Later.
Once you have been successful with this particular niche, you can start growing in other niches.
But initially do not try to serve a very big, uh, market or very different, many different kinds
of customers.
Find a niche where you can be highly successful and focus your attention there.
In this lesson.
Then we have been talking about opportunities for startups, thinking about the characteristics of the
new artificial intelligence.
In the next lesson, we are going to be talking about the artificial intelligence impact on employment
and startups.
If you remember when we were talking about AI and jobs, uh, AI and businesses, I told you this is
not just important for professionals or for companies.
This is also important for entrepreneurs.
So you will see in the next lesson why I was telling that.