Why you shouldn’t make AI your exclusive startup driver

  • Date: 29-Jan-2024
  • Source: Wamda
  • Sector:Technology
  • Country:UAE
  • Who else needs to know?

Why you shouldn’t make AI your exclusive startup driver

Rashit Makhat, is the director and co-founder, Scalo Technologies, the tech venture company based in Dubai

In the rush to cash in on the revolution that artificial intelligence has brought to business and everyday life, startups risk losing sight of key factors that can make, or break, their bid for success.

The emergence of generative AI in particular, and the enormous impact it has made over the past 12 months, has understandably given founders new hope, and direction, in their quest to attract investment and scale to the highest levels.

The temptation is to put the bulk of their resources, time and thought into AI development and adoption, while ignoring other vital elements as important to the future of their business as the next brilliant idea created by new tech.

The danger of AI obsession is as real as the transformative powers of artificial intelligence. Those who ignore the threat now could be taught a harsh lesson. 

Without question, AI is going to have a growing effect on our world, in more ways than we can currently see. A year ago, how many of us would have imagined how the power of something called ChatGPT could be changing the way we run our businesses, as