I'm trying to remember the book I was reading. First mover advantage... Only something like 35% of first movers stay in business after two years.
In two years... OpenAI is definitely going to be absorbed by a big company, probably Microsoft. But by that time, Facebook and Google would have had strong contenders ready to go.
I'm trying to remember the book I was reading. First mover advantage... Only something like 35% of first movers stay in business after two years.
In two years... OpenAI is definitely going to be absorbed by a big company, probably Microsoft. But by that time, Facebook and Google would have had strong contenders ready to go.
What’s the baseline though? If only 10% of non-first movers in a new industry stay in business, being a first mover is still a comparative advantage.
There’s a business phrase about how pioneers usually end up with a bunch of arrows in their back.