Democratization of Technology and Competition

The advancement of technology like co-pilot can supercharge productivity for individuals and small businesses, expanding their revenue potential. However, this leads to increased competition as more teams can leverage such tools to create larger companies at a faster pace. The competitive landscape is intense, with rapid development and adoption of similar technologies leading to a market where lead is measured in months, not decades. This democratization of technology lowers the barrier of entry but also increases competition, shifting the entire curve down and creating a more competitive environment for all players.