Alex RaineyAlex is an experienced CTO and founder who largely focuses on all the technical areas of My AskAI, from AI Engineering, Technical Product Management and overall Platform Development.
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Aug 9, 2024 08:56 PM
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Generative AI: Beyond the Hype
Generative AI — like LLMs — look and feel like magic. But they aren't a 'product'. And by themselves, they aren't going to disrupt anything. They are just a technology. And while this might feel like a nuance to many people, it's an important distinction.
LLMs need to be added into an existing product, or a new product needs to be built around them. It can power 80% of the product or 10%. But that product still needs to achieve product market fit, solve a genuine problem that people are willing to pay to be solved.
The same thing happened with the internet:
- Good Internet Businesses: Where the power of the web unlocked huge new markets and capabilities.
- Bad Internet Companies: Trying to make a quick buck, ignoring the laws of business physics, with no product market fit in sight.
As always, Benedict Evans sums this up nicely in his latest report, "The AI summer".
Written by
Alex Rainey
Alex is an experienced CTO and founder who largely focuses on all the technical areas of My AskAI, from AI Engineering, Technical Product Management and overall Platform Development.
