Why AI will eat McKinseys lunch but not today | TechCrunch

Image for article Why AI will eat McKinseys lunch but not today | TechCrunch
News Source : TechCrunch

News Summary

  • Navin Chaddha is the managing director of Silicon Valley venture firm Mayfield
  • He believes AI can create software-like margins in traditionally labor-intensive sectors
  • He says startups should right now target neglected markets rather than compete head-to-head with giants like Accenture
  • The veteran investor's wins include Lyft, Poshmark, and HashiCorp
Navin Chaddha, managing director of the 55yearold Silicon Valley venture firm Mayfield, is betting big on AIs ability to transform peopleheavy industries like consulting, law, and accounting. The [+9601 chars]

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