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233. How AI changed tech entrepreneurship and investing in 2024 and what’s to come
Manage episode 456130730 series 2974873
Think AI is just about adding chatbots to your business?
Think again.
In 2024, AI has completely transformed who can build tech companies and how they're funded - but there's also dangerous hype that's already landing companies in legal trouble.
We're in what economists call 'The Middle Times of AI' - a messy period where massive opportunity meets massive hype.
Some founders are building million-dollar businesses with lean teams, while others are getting fined by the SEC for false AI claims.
Listen to this episode to learn:
- Why prototypes that once cost $32,000 can now be built for free
- How the SEC is cracking down on fake AI companies
- Why technical co-founders are no longer essential for tech startups
- How to spot real AI opportunities in the middle of the hype
- Why new tech hubs are emerging far from Silicon Valley
Whether you're a founder saving thousands on development, a corporate innovator testing ideas without permission, or an investor avoiding AI washing, this episode will help you navigate the reality of AI in 2024.
Resources mentioned in this episode:
- Tech for Non-Techies episode 155. How generative AI is changing business and the economy
- Legal Drive: SEC fines companies $400,000 for false AI claims
For the transcript, go to: https://www.techfornontechies.co/blog/233-how-ai-changed-tech-entrepreneurship-and-investing-in-2024-and-what-s-to-come
Timestamps
02:42 AI’s Role in Product Development
05:05 The Middle Times of AI
07:26 Revolutionary Opportunities in AI
09:47 Jack Ma’s Prediction on AI
12:10 AI’s Impact on Start-up Teams
14:24 Global Opportunities in Tech
16:49 The Dangers of AI Hype
19:15 How AI Will Transform Start-ups
21:40 Actionable Steps for Founders and Investors
For more career & tech lessons, subscribe to Tech for Non-Techies on:
FREE GUIDE: The Pragmatist’s Guide To Innovation (in business & in life)
by Sophia Matveeva, supported by researchers from The University of Chicago
Growth Through Innovation
If your organisation wants to drive revenue through innovation, book a call with us here.
Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.
254 episodes
Manage episode 456130730 series 2974873
Think AI is just about adding chatbots to your business?
Think again.
In 2024, AI has completely transformed who can build tech companies and how they're funded - but there's also dangerous hype that's already landing companies in legal trouble.
We're in what economists call 'The Middle Times of AI' - a messy period where massive opportunity meets massive hype.
Some founders are building million-dollar businesses with lean teams, while others are getting fined by the SEC for false AI claims.
Listen to this episode to learn:
- Why prototypes that once cost $32,000 can now be built for free
- How the SEC is cracking down on fake AI companies
- Why technical co-founders are no longer essential for tech startups
- How to spot real AI opportunities in the middle of the hype
- Why new tech hubs are emerging far from Silicon Valley
Whether you're a founder saving thousands on development, a corporate innovator testing ideas without permission, or an investor avoiding AI washing, this episode will help you navigate the reality of AI in 2024.
Resources mentioned in this episode:
- Tech for Non-Techies episode 155. How generative AI is changing business and the economy
- Legal Drive: SEC fines companies $400,000 for false AI claims
For the transcript, go to: https://www.techfornontechies.co/blog/233-how-ai-changed-tech-entrepreneurship-and-investing-in-2024-and-what-s-to-come
Timestamps
02:42 AI’s Role in Product Development
05:05 The Middle Times of AI
07:26 Revolutionary Opportunities in AI
09:47 Jack Ma’s Prediction on AI
12:10 AI’s Impact on Start-up Teams
14:24 Global Opportunities in Tech
16:49 The Dangers of AI Hype
19:15 How AI Will Transform Start-ups
21:40 Actionable Steps for Founders and Investors
For more career & tech lessons, subscribe to Tech for Non-Techies on:
FREE GUIDE: The Pragmatist’s Guide To Innovation (in business & in life)
by Sophia Matveeva, supported by researchers from The University of Chicago
Growth Through Innovation
If your organisation wants to drive revenue through innovation, book a call with us here.
Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.
254 episodes
All episodes
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1 254. How to build a tech ecosystem that lasts 17:25

1 253. 4 Podcasts That Will Make You Smarter This Summer 16:12

1 252. Go from Local Player to Global Tech Leader 18:47

1 251: Lessons from the Dot-Com era for today's AI Hype 35:20

1 250. Less Tech, More Value: Why Simpler Digital Products Win 18:23

1 249. AI ROI: 7 Insights from the Economist Business Innovation Summit 16:45

1 248. Q&A Episode: How to Keep Tech Teams On Track Without Micromanaging 15:28

1 247. Million-Dollar Misunderstandings: How to Fix Tech-Business Disconnect 21:58

1 246. 5 Types of Innovation Leaders: From Nonsense to C-Suite 22:26

1 243. How to Work with Developers: A Guide for Non-Technical Leaders 30:34

1 242. Big Tech vs Little Tech: What Non-Technical Leaders Need to Know 21:31

1 241. The 8 Types Of People You Need In Your Network 34:29

1 240. What Non-Technical Innovators Need To Do About DeepSeek 19:36


1 238. The Secret To User Growth: Turn Features Into Stories 20:20

1 237. Introduction to crypto for smart beginners 36:49

1 236. Combining Creativity with Data: Inside the Future of Journalism at the FT 32:24

1 235. Plan Your 2025 Like a CEO: the Jeff Bezos approach 19:43

1 234. 2024 Reflections: Are You the CEO Your Career Deserves? 15:40

1 233. How AI changed tech entrepreneurship and investing in 2024 and what’s to come 24:25

1 232. Why Governments Are Tech's Most Powerful (and Overlooked) Innovators 21:23

1 231. Why Hardware is Hard (And When It's Worth It): Lessons from Apple, Tesla & Nvidia 16:31

1 230. Starbucks vs LEGO: A Tale of Two Digital Transformations 21:02

1 229. The $50,000 Mistakes These Founders Almost Made (And How They Avoided Them) 14:02

1 228. Why Smart Leaders Prototype First, Strategise Later 12:30

1 227. How to Use AI in Product Development: A Non-Techies Guide 16:46

1 226. Tech Stacks Made Simple: What Non-Technical Innovators Should (and Shouldn't) Do 11:15


1 224. MVPs, Milkshakes & Corporate Innovation 31:24

1 223. Product Management: From Start-up To Grown Up 36:42



1 220. How 5 simple questions can solve your toughest problems 15:51

1 219. The Hype Cycle: VCs use it, but should they? 20:23

1 218. Why Uber uses Google maps: introduction to APIs (encore) 13:43

1 217. When NOT to use AI in business and warfare 43:53

1 216. Public vs Private innovation: when being seen to be innovative is just as important as being innovative 14:35


1 214. Business Leaders' lessons from the global IT outage 16:20



1 211. Technology Strategy for Business Leaders 38:00

1 210: The Rainmaking show: how to get TECH CLIENTS in professional services 27:49
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