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Sony Scaria

In search of my next... • 1m

With the introduction of AI to the world, every day seems to be a new challenge and new learnings. There's no saying how the world will change in the next 6 months. You might be working on a product, but 6 months from now, it might become obsolete be

New Age Startup

Traditional Business

Votes: 31

Amar Gupta

Advocate, entreprene... • 1m

I think this way of thinking is not correct. business should not be built to disrupt the normal Business but built so that it can increase the efficiency of doing something that in itself helps the world unleash it's max potential.

Sony Scaria

In search of my next... • 1m

But when we talk about a startup, it's main purpose by definition itself is to disrupt existing industries by bringing in innovation and solving a problem.

Amar Gupta

Advocate, entreprene... • 1m

solving problems and creating value out of it is the main purpose. disruption happens because people didn't change and adapt. nowadays people are thinking of creating monopoly by using huge funds and changing consumer behaviour. they want to take the share of others by burning money and destroy competition has become the main goal

1 replies

Replies (1)

Sony Scaria

In search of my next... • 1m

You're correct. And that's exactly my point. If you only concentrate on solving problems, there will always be a bigger fish who can put in more money, copy the model and destroy the competition. Although the post isn't about someone using more money, rather leveraging new-age AI, something that keeps changing every 6 months. Imagine you start a company that used AI to create a script, then to use that script to get stock images and finally use those images to create a video that could be uploaded on YouTube to create content. 6 months later a giant company releases a feature that can do all of this with simple predictive-AI with much more quality and efficiency. Being a small start-up, you obviously won't be able to put in that much amount of money into RnD to stay ahead in the game. So my question is whether it is a good idea to enter this problem space in the first place when you know there would be better options out there in 6 months, even if you are creating a difference today?

1 replies

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