Kolicich: Big Tech's Low AI Pricing Will Hurt Competing Startups
Alex Kolicich · Alex Kolicich, 8VC: Exodus of Venture Capital, AI Predictions · Sourcery with Molly O'Shea · Mar 3, 2024 · at 22:58
Alex Kolicich, Founding Partner at 8VC, discusses how big tech pricing strategies for AI tools affect venture-backed startups.
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“Big tech is doing a good job of anchoring the price of all these features pretty low, like co-pilots, 20 dollars a month per developer. It's incredibly cheap relative to the value that it does add. And that really anchors, you know, value in that market pretty low, which probably will make it hard for startups to come in and compete.”
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