In this article, Cathie Wood talks about the big 4 players in AI becoming 2
It reminds me of market economics and how this always plays out
You are probably aware In marketing there is usually only 2, 3 maybe 4 big players
Take the CRM market you have Salesforce as market leader
Then Hubspot, Msft Dynamics and then a long tail of small vendors
In ERP, (the market I worked in) there was Oracle (who I worked for), SAP and Workday
The only way you can get from being a small vendor to get to being a big vendor is to spend more than the big vendors on marketing
That means having a bigger marketing budget than the market leader
That means spending more on sales, so having more sales people than the market leader
OR by doing something disruptive
If you are a vendor and want to do something disruptive in the market, DM me
Cathie Wood says the AI race has already shrunk to the ‘Big 4’ key players, and it could soon drop to 2
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