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Martin Migoya
Former CEO & Co-Founder, Globant

Martín Migoya en Experiencia Endeavor Sub20

🎥 Nov 01, 2024 📺 Endeavor Argentina ⏱ 11m 👁 184 views
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About Martin Migoya

In a July 2026 interview, Migoya argued that Wall Street is "completely wrong" about the impact of AI on software services. He stated that while the market believes AI will kill such services, he believes demand will grow "100x," because implementing AI at scale with enterprise quality remains extremely complex. He said that no one will rewrite a system like SAP, and that software and services will not disappear. In a separate June 2026 appearance, Migoya said AI will "invade every single corner of our life" but that the transformation will take time, comparing it to the internet and mobile phone revolutions. He argued that every interface, piece of software, and business process must be redesigned, and that agentic AI will take over processes while humans supervise them. He emphasized that humans will remain important because they prefer to interact with other humans, a need he said AI will never replace.

Source: AI-verified profile updated from Martin Migoya's recent appearances. Browse all interviews →

Transcript (16 segments)
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Interviewer0:00
And now let's hear some stories. Let's hear from Martín. I'd like to ask you, Martín. In 2013, in 2003, sorry, Argentina was coming out of a crisis, and yet you decided with three other friends to start Globant here in Buenos Aires, in Argentina. And my question is, weren't all the conditions given for that to be possible? And yet you started, yet you dared. How was that?
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Martin Migoya0:34
Well, Juli, thank you, thank you for the question. First, I want to congratulate the entire team for this organization. There are more than 12,000 kids today. I want you to give a round of applause to the entire Endeavor team, please. They really deserve it.
I
Interviewer0:52
Thank you. Thank you.
M
Martin Migoya0:55
This event and this level of energy. Well, obviously we couldn't name all 150 schools, but I would have loved to. Wait. Ah, wait a bit. But what I do believe is that this level of energy is the energy that will move Argentina forward. So this is definitely the Endeavor event I like the most.
But when we started in 2003, this entrepreneurial ecosystem, this energy to understand what it means to be an entrepreneur, didn't exist. And it was very difficult to understand what it meant to be an entrepreneur. We had to look for role models from abroad, from other countries, from the United States, to see what it meant to be an entrepreneur.
So when we started in the middle of a great crisis, we were in a bar with some friends having a drink, and we were saying, 'Hey, how do other countries manage to really give their young people opportunities and help them get ahead?' And that's how we started thinking about building Globant, a company that from Argentina, with Argentine talent, with the talent of our young people, could create technology for the most incredible companies in the world. And that's how that dream in a small bar, in a conversation that later became two conversations and three, and then it was a trip for the first time to see, we had two acquaintances, one we saw in the United States and one we saw in London, we went to see them, and we started very slowly, very slowly, but always supported. One by the energy to dare, two by that restlessness to be able to venture and start something from our country and plant the Argentine flag in the world, which is what Globant did, and three pushed by the immense talent we saw in our country. So we are super happy to have made this journey.
I
Interviewer3:04
And Martín, you were saying that talent, and it's what we want to show the kids here today, that Argentine talent has the capacity to reach anywhere in the world, and we saw that very recently. This Sunday, the city of Buenos Aires received great talent. Everyone saw the streets closed for Franco Colapinto, I'm referring to him, right? To Franco, who dreamed, who dared, who strived, and who made it. And you at Globant had something to do with that. Tell me about that.
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Martin Migoya3:45
Yes, let's see, what happened this Sunday was incredible, there were more than 500,000 people. Many of you surely saw it on TV or on social media or went. It turns out that in 2023, I was one Sunday afternoon, at noon, having a barbecue, and I get a message from Visa Rap, do you know him? And he tells me, 'Martín, look, look, Martín. This kid is going to go far. This kid is going to make it to Formula 1.' So I reply, 'But Visa, who is he?' 'No, it's a kid who's racing in Formula 3, but he's amazing.' And I said, 'Well, look, I heard on social media they were trying to get him to race in Formula 2.' Not Formula 1, Formula 2. And I tell him, 'If you back him, I'll back him with Globant.' And I thought he was going to say, 'Well, no, Martín, I can't.' He said, 'Okay, deal.' Visa told me, 'Okay, deal.' And that's how that story began, of being able to get Franco to move up from Formula 3 to Formula 2. He did extraordinarily well in Formula 2. An extremely talented kid. And a little later, a few months later, like 6 months later, the chance to move up to Formula 1 appeared. And there again, now with Mercado Libre and with many other brands, we started backing him again. But the reality is that Franco has incredible talent and on his own has the specific weight necessary to make it.
I
Interviewer5:41
Talent and effort, right? Effort and sacrifice to achieve what he set out to do as well, right? I always say that the word talent is like a shortcut to someone who works very hard. And this is extremely important. We always say, 'No, this guy is very intelligent.' Well, maybe he is very intelligent, but the question that comes after that is, well, how much did he push himself and how much did he do things to be different? And the truth is that there are many studies, many developments that show that a large part of an achievement has to do with effort much more than with original talent. So for me, that is extremely important, and Franco is a great demonstration of that.
M
Martin Migoya6:33
Totally. Well, thanks Martín for sharing this story with us. And a bit of what I was also thinking is that maybe there are a lot of kids here today and not all of them are going to go out and start a business, but what we are going to need in the world of artificial intelligence is to think like entrepreneurs, to develop entrepreneurial skills. Why do you think this is becoming so necessary today?
I
Interviewer6:59
Well, for me, obviously entrepreneurship is not for 100% of people, but it is for many people, for much more than it seems. And I believe that entrepreneurship has to do with daring, with wanting to change something from our place, not necessarily because one is young. In your case, being young doesn't mean you can't do something that the world really takes seriously. So, for me, entrepreneurship is essential for the development of the country, for the development of one's career, for the development of society, of one's community. So, for me, it is a central tool in everything, and you have to dare. Obviously, not everyone will succeed, but many will try and many will succeed. So, for me, it is a path that at Endeavor we have supported for a long time. As you described so well, Juli, Endeavor is an organization with phenomenal reach. We support more than 500 entrepreneurs with our network. We hold events that reach more than 70,000 people every year, explaining this very simple thing: that entrepreneurship is starting, it's starting to dare and change the rules of what's to come. So, at this moment when you are deciding your future, as Juli said, consider that this is one more option and that it must always be supported by studies and a lot of knowledge. And I think there is a lot of confusion, right, Juli? In this era where one says, 'Well, artificial intelligence is going to replace everything.' And we see AI doing magical things, and it generates a lot of anxiety in many people. But I want to give the other side. I believe that artificial intelligence is going to elevate human work. AI is going to be something that helps us develop things, but it will never be able to replace our essence. It will never be able to replace a human connecting with another human. And those two humans are going to have to know more than ever all the things from before: mathematics, physics, history, all the things we need to know to be able to ask the machines for things. If not, we can't, we don't know what to ask for and nothing occurs to us. So, studying is essential to be able to start playing even better with these new technologies, making them produce much more and much faster. So, for me, this incredible era we are living in with artificial intelligence, far from discouraging us or creating anxiety, has to create the greatest opportunity we have seen in our history. And that has to be backed, that has to be supported by daily study and by choosing the right career, whatever it may be, anything, but studying and understanding something is extremely important and necessary.
Totally. Martín, I invite you to get into the time machine. If you could go back to when you were 17, what would you say to that 17-year-old Martín?
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Martin Migoya10:20
I would tell him, look, I know it's difficult, and for me it was very hard to finish and then go to university, and that whole process was one in which I had to study a lot, and many times I asked myself, well, why am I doing this? And the reality is that it's the only thing that prepares you for the future. So, I would tell him, despite everything you are suffering now and all the effort you are putting in and all the hours you are putting in, in my city, La Plata, going to university, studying, doing badly sometimes, doing well sometimes, a professor would call on me and I didn't know, so I felt bad, and the pressure, I say, all of that makes sense because in the end, one becomes a much more prepared person for what's to come, and today more than ever.
I
Interviewer11:16
So the effort is worth it. Thank you, Martín. Let's begin.
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Martin Migoya11:19
Thank you. Let's begin.
I
Interviewer11:22
Welcome. Yeah.