TFTC: A Bitcoin Podcast Why Legacy Companies Can't Adopt AI with Luke Thomas
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Sep 29, 2025 In this engaging discussion, Luke Thomas, founder of Formable and a former product manager at Zapier, shares insights on the unbounded leverage AI provides startups. He explains why legacy companies struggle to embrace AI due to structural challenges and middle-management inertia. Luke also explores how Bitcoin treasuries can reshape capital allocation strategies, acting as incentives for better decision-making. He offers practical advice for integrating AI into workflows today, emphasizing the importance of innovation in a rapidly changing landscape.
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Unbounded Leverage Reshapes Companies
- AI creates “unbounded leverage” where one person can accomplish vastly more work than before.
- Startups can redesign around this leverage while legacy firms are constrained by past structures.
From Early Prompting To 50,000 Books
- Luke asked for early access to OpenAI models and used them to lower content costs dramatically.
- He later modernized Old English books and sold ~50,000 copies after iterating prompts and tooling.
Agents Are Digital Coworkers
- Agents act as digital coworkers that can be embedded into workflows to reduce human labor.
- Every new model release makes those agents smarter and expands what they can replace or augment.