AI & automation

Generative AI is changing every facet of knowledge work. In a startup, it's upending the economic fundamentals, promising to change administration, prototyping, concept art, copywriting, software development, and more. While established firms have path dependency that makes it hard for them to switch from human processes to AI automation, startups have no such excuses. What are the implications of AI on how much startups raise, what competitive moats they build, and the return on investment they deliver?