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How not to do operations [Setting: An exec team is meeting for their monthly metrics review. It is 4pm on a busy Thursday afternoon. Several people sit around a large oval conference room table. A few of them type rapidly at their laptops. The rest are rapt with attention, listening to the speaker.] CEO: So where are we with AI? [execs look at each other uncomfortably, 60 very long seconds of silence go by] CTO [sheepishly speaks up]: Well, we've got some great features in the pipeline! CEO:...
How the AI gold rush is going Last year, I wrote a popular piece about why it is hard to sell AI software. I discussed the AI gold rush dynamic, where AI companies initially find it easy to raise money but then much more difficult past Series A. In the situation I described, businesses didn't know how to buy AI tools yet, and for startups, competing with big incumbents was even harder than before. It's now one year later, and most organizations have figured out how to buy AI tools by now. As...
A change is gonna come Over the last three weeks, we've looked at career change patterns among executives. We saw that most CEOs and C-suite leaders of the AI 50 have changed careers several times, while Fortune 100 execs have changed much less often. We also saw that, among execs, career changers are more likely to hire other career changers, and that execs hired in the last 12 months are more likely to be career changers than in previous years. This got me curious about two things: We've...