Startups For the Rest of Us Episode 663 | 5 Insights SaaS Founders Should Know About A.I. (Ignore at Your Peril)
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May 30, 2023 Einar Vollset, an expert in AI's implications for SaaS, shares crucial insights for founders navigating the new landscape of artificial intelligence. He discusses the four categories of AI and stresses the importance of integrating AI into business models. Vollset warns against viewing AI as merely a product differentiator and explores the potential benefits of using AI internally to boost efficiency. He emphasizes the risk of outdated business models, encouraging adaptability and innovative thinking to maintain competitiveness.
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AI's Impact
- AI is a bigger shift than the iPhone launch, potentially as big as the internet's commercialization.
- This insight comes from Einar Vollset, reflecting on AI's rapid advancements and potential impact.
Discretion Capital's AI Use
- Einar Vollset used AI to improve Discretion Capital's market tracking from 10% to nearly 100%.
- This demonstrates AI's potential to revolutionize data analysis and market understanding.
ChatGPT's Accessibility
- Einar's "normie" friends immediately grasped ChatGPT's value, unlike NFTs or no-code.
- This highlights the tangible impact and accessibility of AI tools compared to other technologies.