
Andrew Ng (AI Fund) - The Near Future of AI
Entrepreneurial Thought Leaders (ETL)
Build Long-Term Defensible Businesses
Many products, like Lenza and a flashlight app, experienced initial success but could not sustain themselves as they were built on thin software layers over someone else's powerful platforms. In contrast, businesses like Uber, Airbnb, and Tinder, which developed on the smartphone platform, proved to be longer-term and more valuable due to their defensibility.
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