The AI Advantage of the Tech Giants: Amazon, Facebook, and Google

Daniel Faggella

Daniel Faggella is Head of Research at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and many global enterprises, Daniel is a globally sought-after expert on the competitive strategy implications of AI for business and government leaders.

The AI Advantage of the Tech Giants: Amazon, Facebook, and Google

If one tunes into social media, it's easy to be convinced that every AI startup is making a lot of money, making a big difference in the companies that they're working with, and driving real revenue. However, as we've mentioned many times here at Emerj, most AI applications are really in pilot mode.

There's nothing wrong with that, but even companies that have raised $50 million are still very much iterating on what their product really is,  how they have to sell it into the enterprise, who their exact customer is, and what their core value proposition is. They're still filling these things out in large part, and they're living off venture money, not off of revenue by solving real problems for their clients.

It won't always be that way, but these are the relatively early days of AI, and this is very much the state of affairs. There are really two groups of people who are making all the money when it comes to the fruitful use of artificial intelligence, either as a buzzword or as ...

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