Sarah Guo and Elad Gil: The Future of AI Investing
Generative Now | AI Builders on Creating the Future
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Impact of AI on SMBs and Job Displacement
Small and medium businesses (SMBs) typically buy only a few essential tools like payroll, healthcare, taxes, and marketing, making them a difficult market for most products. The leverage on human capital in the SMB sector is currently overstated, but as AI advances, there may be some AI-centric solutions for SMBs. Certain verticals, like mid-journey jobs, are expected to be impacted by AI, displacing jobs faster than anticipated and expanding the market. However, the impact of AI on other areas like code generation is currently overstated.
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