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

Tech for Non-Techies

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

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