William Blair & Company LLC

09/24/2024 | News release | Archived content

Artificial Intelligence: The Fifth Paradigm Shift

In the ever-evolving landscape of technology, paradigm shifts represent technological innovation that can reshape industries over time.

Over the past 60 years, we've witnessed four distinct technological revolutions. From the dawn of mainframe computers in the 1960s and the rise of personal computers in the 1980s, to the internet boom of the mid-90s and the mobility era of the late 2000s, each shift has led to changes over time.

Now, we stand on the brink of a fifth paradigm shift-artificial intelligence (AI).

Our U.S. growth and core equity team has been monitoring the ways in which AI is beginning to influence various sectors and industries, particularly within the large-cap technology and consumer spaces.