I would openly consider myself to be pro-AI at this point and some of the things I am most optimistic about when it comes to AI, beyond drug breakthroughs of course, is its impact on business.
A lot of things are going to change for the business world, some for good, and others for bad, but in all, artificial intelligence will also be the solution for probably all negative outcomes.
On the positive side, we are moving forward, into a future where the cost of running a business will be significantly low.
AI systems and solutions are building towards high efficiency. This means that the ultimate goal is achieving cheap execution with high returns.
This reality is expected to drive up innovation. When people can do more while paying less, then all that's expected is that they do even more.
The purpose of investing in technology is to bring the world to a place of self-sustainance, where so much is near-free due to the path to creating value for maintaining and improving life being low cost.
I was watching a video recently on the true cost of doing everything from scratch.
You know the idea of home grown foods, home cooked meals and generally all that has to do with avoiding ready-made products, the off the grid life of living in the farm or something of sort.
People talk about these things but actually don't realize how flawed their assessment of everything is. 99.99% of the world has probably never done anything from scratch, everyone has, at some point, leveraged something that cost more than they can imagine.
The true cost of a home cooked meal is much higher than people believe. When every piece of the process is considered, the time and labor cost of truly doing it all alone would reveal how it is simply too expensive to consider.
Whatever it is that you want to make on your own, you're going to eventually have to use something you didn't make on your own in the process. The true cost of making anything is much higher than we think, especially if we are to do it ourselves. You wouldn't know how much you'd spend to truly make those cheap stickers on your own.
These are the types of costs that technology, such as AI aims to get lowered, to make it nearly free to build or make anything.
The rise of solo unicorns
We are going to soon see solo unicorns thanks to AI. For those who don't know, a unicorn, in the world of business, is a private company that's worth over a billion dollars, so when we say solo unicorns, we are simply saying companies that are worth over $1 billion but run entirely by one person.
This is going to become more common that the concept of it being impossible years back will feel like a dream.
When companies can be powered entirely by agents, both digitally and physically, we can expect the fast rising of private companies hacking the right markets to billion-dollar valuations.
At the pace things are moving, this could be sooner than people think. AI is tearing down the barrier that has usually stood between the masses and the business world. Now more people can jump on projects and build their dream businesses at very low costs, we can expect explosive growth in business and general solutions.
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