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Fortune
Fortune
Marco Quiroz-Gutierrez

Instagram cofounder rips 'AI FOMO' that caused a rush to adopt and no metrics: 'When it gets fuzzy, it's very hard to then evaluate'

(Credit: Jerod Harris—Getty Images for Vox Media)

Mike Krieger, the millennial founder who created Instagram with Kevin Systrom and is now chief product officer at Anthropic, said businesses’ rapid adoption of new technology was fueled by a fear of missing out (FOMO).

Two years ago, many companies didn’t even have a definition of success when implementing AI into their operations. Instead, “they were driven by this AI FOMO that was happening in the CIO suite,” said Krieger in a interview on the Superhuman AI: Decoding the Future Podcast.

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