Building a secondwave AI business
News Source : Seths.blog
News Summary
- Most AI success stories to date are about cost reduction or speed improvement.
- The opportunity lies in something generative.
- A use of AI that doesn’t reduce costs, it creates value.
- It opens new opportunities, leads to growth, connection, and utility.
- Most bootstrappers target price-sensitive customers and then wonder why growth is hard.
- Premium pricing signals seriousness.
- Look for a market where the problem is real, the budget exists, and the solution creates something they couldn't get otherwise.
A very long rant, riffing on the opportunity for bootstrapped startups who seek to create value using AI.
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