I think I failed to explain my position correctly. My company dabbles in AI. The leadership is now considering significantly increasing our investment in it, including with major partners. Their models, many of which we have no current offering for, will enrich our offering.
I don’t quite understand your final line, as my question in the original post was
I would like to know if others have been in a similar circumstance, how they considered their actions, and what they ultimately decided to do and why.
I’m saying in this scenario the choices may be to lose on purpose, or to serve the interests of your shareholders.
From the people with significant equity this isn’t a choice.
And like I said, you have the same problem with any tech innovation adoption. If you’re the last farmer to get a tractor, you’ll have lost all the revenue you would have gained over the <adoption period>. And if not having modern equipment caused you to run in the red, well.
The fact that tractor engines would later also be used in battle tanks and bombers isn’t something you can control. Your refusal to adapt just bankrupts your own farm.
I think I failed to explain my position correctly. My company dabbles in AI. The leadership is now considering significantly increasing our investment in it, including with major partners. Their models, many of which we have no current offering for, will enrich our offering.
I don’t quite understand your final line, as my question in the original post was
I’m saying in this scenario the choices may be to lose on purpose, or to serve the interests of your shareholders.
From the people with significant equity this isn’t a choice.
And like I said, you have the same problem with any tech innovation adoption. If you’re the last farmer to get a tractor, you’ll have lost all the revenue you would have gained over the <adoption period>. And if not having modern equipment caused you to run in the red, well.
The fact that tractor engines would later also be used in battle tanks and bombers isn’t something you can control. Your refusal to adapt just bankrupts your own farm.