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Thank you! So it is rather an incremental change in profit, not transformational (when it isn't life or death of the corporation/a business model requirement)?
by RandomLensman 3y ago
Thank you! So it is rather an incremental change in profit, not transformational (when it isn't life or death of the corporation/a business model requirement)?
- fnordpiglet 3y agoI think I would say this. It’s a technology that’s on radars for about 12 months, is immature in all aspects, and has already transformed large swaths of the business operations to be much cheaper, scalable, and precise. I’ve never seen that in 30+ years. In some cases it actually is transformational as in the case I mentioned that it talked directly to a core business problem that would have killed the org. In others it’s incremental, but at the scale of megacorp there everything is incremental and something that moves margins by 5% or something is earth shattering for them. It unlocks businesses they would have been too hard to comply with requirements, it stream lines operations, etc, which for many businesses are monumental changes. What happens in 5 years when models are much more powerful, interfaces more clear, and ability to customize easier?
- RandomLensman 3y agoThanks. I think the big unlock is corporate structure and setup - some classic reasons for having one firm might very well disappear.