Lessin: AI Empowers Big Platforms and Micro-Startups Over Mid-Sized Firms
Sam Lessin · #23: Why (and How) SMBs and Creators Will Win With AI, the New Financing Contracts, and More · More or Less Podcast · Nov 17, 2023 · at 16:33
Sam Lessin (partner at Slow Ventures) outlines his macro framework for how artificial intelligence impacts businesses across different scale tiers.
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“AI clearly benefits the really big platforms. I think we can all, I think we all agree with that, right? Like if you're a huge platform, you're going to make bank, right? Cause it's just obvious how to slot in and make your ads more performant or like things like that. And then the middle is kind of messy. I think it's probably bad for most middle sized companies, but then if you're super small, Just as cloud let you basically compete with way more leverage and scale than ever before, like this is just like that on steroids, right? So you can be two, three, five people and just do incredibly, you know, in a niche, own it, do incredibly valuable things faster and more efficiently than ever before with AI. So it's like a great time to be a very profitable, non-venture-backed small business, right?”
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