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ZDNET's key takeaways
Larger tech companies are retrenching their hiring.
Funding for AI startups is rising.
More graduates are calling themselves founders.
Launching a startup or small company can be a calculated gamble, but the innovation pouring out of this sector is astounding. Evidence suggests there are more opportunities for tech professionals at startups or for people launching their own companies, especially as hiring at larger tech firms flattens. However, research also suggests these fresh opportunities depend on multiple, complex factors.
When it comes to innovation, consider the latest innovation from Midjourney, a business launched on a community model with no investors or venture capital funding, which is disrupting the medical imaging space. The company, which at last report had 184 employees, recently announced it has built a low-cost method based on sound-based imaging rather than radiation or magnets.
Also: How to beat the AI algorithm and get the job of your dreams
Such examples highlight this is a good time for smaller tech innovators, with a range of opportunities for IT professionals.
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