📝 The 'Winners and Losers of Generative AI' Have Been Decided — The Problem of Adaptability to Shifting Technological Trends Faced by Startups on the Eve of ChatGPT. The advent of the generative AI boom has accelerated the decline of startups established before ChatGPT. The phenomenon of over 220 companies 'falling into ruin' and half of unicorn companies stagnating in fundraising reveals the structure of the technology industry.
The rapid advancement of generative AI, particularly with the advent of models like ChatGPT, has led to the decline of many startups established before this wave. Over 220 companies have reportedly "fallen," and half of the existing unicorn companies are struggling to secure further funding. This situation highlights a significant structural shift within the technology industry, forcing pre-ChatGPT era startups to adapt to rapidly changing trends or face obsolescence. AI
IMPACT Generative AI's rapid progress is creating a challenging environment for older startups, forcing them to adapt or risk failure.