

20VC: Why SaaS is Dead | Why AI First Companies Will Win | We are in the Middle of a Cold War for AI Talent | Why Europe is F******* and We Need to Stop Whining with Daniel Khachab, Co-Founder @ Choco
112 snips Oct 28, 2024
Daniel Khachab, co-founder and CEO of Choco, shares insights on the shift from SaaS to AI-first companies, claiming SaaS is dead. He discusses how AI will dominate the next decade and the vulnerabilities of traditional models. The conversation dives into Europe's challenges in the AI talent race, emphasizing the pressing need for innovation in chip production and renewable energy. Khachab also highlights the emotional toll of workforce changes during this transition, showcasing the resilience required for startups in today's landscape.
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SaaS is Dead
- SaaS businesses face disruption from AI replicating their technology and offering better value.
- Companies must embrace an "AI-first" mindset, prioritizing AI integration and upskilling their teams.
Changing Modes
- Traditional SaaS modes, like proprietary relationships and data, offer some protection from AI disruption, but technological advantages may diminish.
- Companies should focus on strengthening their remaining modes and adapting to the changing landscape.
AI's Impact on Jobs
- AI will significantly impact various job roles, including product design, where the focus will shift from UI design to AI persona design.
- Companies should adapt to this change by training their employees for new skills required by AI.