"The Emergence of AI and the Changing Landscape of Social Media"
Hatched by Glasp
Sep 11, 2023
3 min read
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"The Emergence of AI and the Changing Landscape of Social Media"
The early days of AI marked a significant shift in the technological landscape, introducing new capabilities and products that have the potential to reshape industries and society as a whole. Unlike previous iterations of AI, which primarily benefited incumbents, the current wave of AI has opened up opportunities for startups to thrive.
When discussing AI, many people tend to view it as a continuation of past technologies such as CNN/RNN/GAN. However, it is more accurate to perceive AI as a step function in terms of its capabilities and the products it enables. The launch of ChatGPT served as a turning point, signaling that AI is a game-changer.
Despite the growing recognition of AI's potential, we are still in the early stages of its adoption. Large enterprise planning cycles typically take several months, and the process of prototyping and building can extend up to a year for a sizable company. Therefore, we are far from reaching the peak of AI usage or hype.
In these early days, it is essential to consider the different waves of AI. The first wave consists of companies native to the AI space, such as ChatGPT, Midjourney, Character.AI, Stable Diffusion, and Github copilot. These early launches have not only gained significant revenue but also garnered substantial user traction.
The current wave, which we are currently experiencing, involves early startup adopters and fast mid-market incumbents. These startups are leveraging technologies like GPT-3.5/4 to develop innovative solutions. At the same time, some founder-led multi-billion-dollar companies, including Navan, Notion, Quora, Replit, and Zapier, have quickly embraced AI-powered products.
Looking ahead, we can anticipate the next wave of startups that are currently being founded. This wave promises to introduce new formats like voice and video, expanding the use of natural language processing in various verticals. Companies like Eleven Labs, LMNT, LFG Labs, and Braintrust will play a crucial role in providing incremental experiences.
The fourth wave, projected to arrive in 2024 or 2025, will witness the adoption of AI by large enterprises. Due to their extensive planning and build cycles, it will take some time for these companies to develop fully-fledged AI products. However, once they do, they will have a significant impact on the AI landscape.
As AI continues to advance, its potential becomes increasingly evident. For example, Google's MedPaLM2 model has demonstrated superior performance to human physicians, to the extent that involving medical experts in refining the model actually diminishes its capabilities. Such advancements highlight the transformative power of AI in various fields.
In conclusion, the emergence of AI represents a new era, distinct from previous iterations of AI. It is crucial to recognize that AI is not simply an extension of past capabilities but a game-changer that enables entirely new products and services. As we navigate these early days of AI, there are several actionable pieces of advice to consider:
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Embrace AI's potential: Startups should explore the possibilities offered by AI and leverage its capabilities to create innovative solutions that disrupt existing markets.
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Stay informed and adapt: Keep a close eye on the evolving AI landscape and be prepared to adapt to new technologies and trends. This will help businesses stay ahead of the competition.
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Foster collaboration: Encourage collaboration between AI experts and domain specialists to ensure the development of AI models that truly enhance human capabilities and address real-world challenges.
By staying proactive, embracing AI, and fostering collaboration, we can harness the transformative power of this technology and shape a future where AI becomes an integral part of our lives. The early days of AI have just begun, and the possibilities are endless.
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