AI And The Death Of The Large Dinosaurs

AI and The Death Of The Dinosaurs by Tony de Bree on www.fintechstartuppartners.com - 5
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AI And The Death Of The Large Dinosaurs

Morning. In my Phd in 2001, ‘Transformation of Financial Services Companies. How To Map and Measure Customer Value Created With Relationship Capital”, I cited two professors from the Stern School of Business, Smith and Walter, in an article in the Financial Times regarding the fact that Internet technology made the arrival of new ‘species’ possible: high-tech startups.

And also the opportunity for people worldwide to make money online working at home (WAH) as online freelancer and digital nomad full time or part-time as side-hustle like me.

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Afer 2001, Internet was ‘the asteroid’ wiping out ‘the dinosaurs’ across industries including in Financial Services: the large traditional universal banks, competing on size.

The democratization of AI and the exciting continued daily ‘tsunami online’ of easy to use, non-corporate affordable AI-powered solutions, since in 2022 ChatGPT, Dall-E, Midjourney and Stable Diffusion were launched, is exactly that: the asteroid that is wiping out the large dinosaurs.

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