BlueSky Thinking Summary

The potential for self-made, self-grown businesses because of generative AI is substantial.

According to business professor David Schonthal, with the ability to solve algorithmically, AI could soon not only replicate but actually rival human entrepreneurship.

AI platforms would very quickly be able to identify a marketplace need, produce a product for it, and then continue refining that product—much faster than any human.

For instance, an AI BB-1 type platform could access global data on unsatisfied needs, design a minimum viable product, and prototype-test quickly to improve on it, thereby beating traditional startup timelines.

Current limitations notwithstanding—like lack of empathy and ethics—it is a wake-up call, and the entrepreneur has to prepare for such AI-driven competition.

Embracing AI for augmentation makes operations smooth, while learning from the AI-driven systematic approach to innovation can make the entrepreneur effective.

It's innovation that cannot be put on the back burner, lest one is left behind.

That is why the entrepreneur should remain alert, ever prepared to short-sell the strong points of AI.

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