This chapter discusses how startups can create value in the AI field, focusing on the emergence of new user behaviors enabled by generative AI and opportunities for catering to unmet consumer needs. It also explores the question of where value will accrue in the AI space and the importance of understanding differentiated and defensible parts of the stack.
An exploration of defensibility, value capture and economic structure in artificial intelligence.
With excerpts from:
https://www.wsj.com/articles/ai-has-finally-become-transformative-humans-scale-language-model-6a67e641
https://a16z.com/2023/08/03/the-economic-case-for-generative-ai-and-foundation-models/
https://a16z.com/2023/01/19/who-owns-the-generative-ai-platform/
https://a16z.com/2023/08/11/cloud-lessons-for-the-ai-era/
https://a16z.com/2023/08/30/financial-opportunity-of-ai/
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