What does the 'chasm' refer to in the technology adoption lifecycle?

The 'chasm' refers to the gap between the early adopters and the early majority in the technology adoption lifecycle. Early adopters are visionaries who are willing to try new technologies, even if they have glitches, to gain a competitive advantage. On the other hand, the early majority are pragmatists who prefer technologies that are easy to adopt and improve productivity. They rely heavily on references from similar companies and are less likely to adopt a new technology without a strong support base. This transition from early adopters to the early majority can be challenging for start-ups as they have to navigate a market that is highly reliant on references and support.