[D]💥 How Underdog AI Companies Will Crush Silicon Valley Giants.

💥 How Underdog AI Companies Will Crush Silicon Valley Giants.

Opportunities in AI: Creating Abundant Intelligence.

• Generative AI like ChatGPT brings complex tasks within reach and is set to transform society. Startups have an opportunity in applying AI to create "abundant intelligence".
• In the past year, ChatGPT, GitHub Copilot, and Midjourney have rapidly grown to $100M+ revenue.
• AI startups face competition from tech giants also moving quickly into AI. Startups must pick spots where they have an advantage.
• Opportunities exist in expanding the application universe into new greenfield opportunities like automating mundane decisions, masking workflow complexity, and reimagining applications.
• Infrastructure tools make models more powerful by chaining them together and improving accuracy. Opportunity areas include unstructured data management, agent-driven automation, model evaluation, and experimentation.
• Key players emerging are foundation model providers like OpenAI and Anthropic, companies building domain-specific models, and platforms for autonomous agents.
• Advantages exist for startups focused on imagination and technical ability to find non-obvious ideas, while large companies retrofit existing businesses.