#281: In today's rapidly evolving tech industry, many startups believe they can challenge the well-established giants by offering similar products with minor tweaks. However, this approach is fundamentally flawed. Companies like Amazon and Microsoft will absorb a few of these new competitors, while many others will simply disappear. The driving force behind this harsh reality isn't just competition; it's the absence of truly innovative products.

The tech landscape is unforgiving to those who don't innovate. While it might seem tempting to follow the footsteps of successful giants like Adobe, Amazon, and Microsoft, the key to success lies in innovation and offering something new. Companies that fail to grasp this reality will find themselves disappearing into obscurity.

In this episode, Bret Fisher and Nirmal Mehta join Darin and Viktor to discuss how artificial intelligence is affecting the tech industry.

 

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Nirmal's contact information:

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LinkedIn: https://www.linkedin.com/in/nirmalkmehta/

 

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