Entrepreneurship

丨Key Points① Faced with the computing power and data advantages of large technology companies, small AI startups need to focus on building products and services that are different from large companies and have unique value.② Data is often overvalued as a marketable asset. The real value lies in how to use the data, not the data itself.③ There is uncertainty in technological progress and market response. The venture capital model accepts a certain proportion of failure as part of the innovation process.④ Companies such as Google and Microsoft are willing to sacrifice national and global interests in pursuit of profits, while demanding that the government restrict the openness of technology, revealing the morality and…

At the end of last year, Wang Xiaochuan, the former CEO of Sogou, was convinced that "AGI is here" after just trying ChatGPT a few times. Later, at an online exchange meeting in the entrepreneur community, when several entrepreneurs in the AI field defined the progress of ChatGPT only in terms of function, Wang Xiaochuan made it clear that "everyone underestimated this matter." Wang Xiaochuan is not the only one who firmly believes that ChatGPT can subvert the world. "This is not the previous generation of AI technology," several entrepreneurs in the field of large models said this view in an interview with Tech Planet. In the history of business, C…

Kirill Zubovsky, who spoke on the GeekWire podcast in January 2023 about his experience starting Smartynames, an AI-powered domain name venture. When your startup hits choppy waters, it’s easy to abandon ship. However, in my journey, I’ve found that what appears to be an end can be an opportunity in disguise. If your startup isn’t getting the traction you were hoping for, it may be time to pivot or even sell. Trust me, there is light at the end of the tunnel. You can profit, learn,…