Bear in mind Blackberry? In 2009, they dominated the cell phone market, holding nearly 20% share and a valuation of over $80 billion and I repeat the determine was over $80 billion.
Quick ahead to 2016, and their market share had dropped all the way down to a mere 0.1%. This dramatic fall can occur to any firm in immediately’s quickly evolving panorama, particularly with the rise of Synthetic Intelligence (AI).
Blackberry’s Fail: Do not Be Left Behind!
Blackberry was king, however they missed the boat on touchscreens and funky apps. Their telephones felt old style, and folks needed one thing new.
Bear in mind the notorious speech by Nokia’s CEO, Stephen Elop, in 2011, “We did not do Something Fallacious however One way or the other, We Misplaced”
At the moment, it is all about AI, a super-smart helper for companies. Corporations that use AI shall be method forward, whereas others would possibly find yourself like Blackberry.
This is the way to keep away from that destiny:
Be open to new concepts: Do not get caught in your methods. Tech modifications quick, so be able to adapt.
Take into consideration what individuals need: Be certain your stuff suits their wants. At the moment, meaning utilizing AI!
Be a tech chief: Do not be afraid to attempt new issues like AI. It can provide you an enormous benefit.
People, be taught from Blackberry and Nokia. Regulate the long run and embrace change, otherwise you could be the subsequent one! PowerUP Your Productiveness and make tremendous good Xdash AI Your Private AI Agent to win the race: https://www.xdash.ai #machinelearning #neuralnetwork #MLLM #AI
