

Andrew Chen’s (a16z) 2024 Predictions: The Future of Product, Growth, and AI
38 snips Dec 26, 2023
Andrew Chen, General Partner at Andreessen Horowitz, predicts the future of product, growth, and AI in this Season Finale of Unsolicited Feedback. Topics include the challenges and growth of AI experiences, predictions for 2024 including IPOs and AI breakthroughs, the changing landscape of product management, and the potential of AI companions as new growth channels.
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Novelty over Design
- Raw products can thrive in new markets like AI because their mere functionality is exciting.
- This contrasts with mature markets like mobile apps, where polished design is now crucial for success.
MVP vs. Polished Product
- Early market volatility favors simple products (MVPs), while mature markets demand polished, fully-featured products.
- Apple excels in perfecting existing categories in the latter stages, rather than inventing new ones.
Sustainability of Novelty-Driven Growth
- High growth and high churn from novelty might not be sustainable in the long run.
- The question is whether companies can build lasting engagement beyond the initial hype.