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Surviving and Thriving in the Race for GenAI
Entrepreneur magazine
|May 2025
We are in the midst of a black swan event with GenAI - bigger than the rise of the Internet, the dawn of the personal computer, or the advent of cloud computing.
As 75 percent of CEOs look to GenAI for a competitive edge, we have the distinct advantage of learning from these past inflection points to avoid making the same mistakes as our predecessors. History has proven time and time again that postponing innovation and staying off change can lead to the rapid decline of once successful enterprises: consider Kodak, Blockbuster, or Black-berry, just to name a few. Today’s GenAI wave will be no different, and companies that cling to traditional ways of doing business will ultimately meet their end. However, simply investing in GenAI is not enough to drive profitability and avoid becoming obsolete in today’s tumultuous economic landscape. Business leaders must apply a sense of urgency to their organization’s readiness in order to guarantee that GenAI investments will realizeROI and position the enterprise to accelerate financial growth.
THE PREPARATION LITMUS TEST
This story is from the May 2025 edition of Entrepreneur magazine.
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