With the astonishing evolution of artificial intelligence (AI), competitive advantage can vanish in a flash. Think about it. The average age of a company on the S&P 500 is down from 60 years in the 1950s to less than 20 years today, according to Credit Suisse.
Back in the day, making your product or service incrementally better and cheaper was a sure-fire formula for business success. But those days are over