Many tech incumbents are guilty of two sins in the AI era: 1. stack fallacy - assumption they have all the “ingredients” so we can compete (but system sucks) 2. too slow to realize talent they have != talent they need, until they’ve lost market cap necessary to make acquisitions/hires

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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