4 ms·
Another way to look at it is that there are many use cases (like the one you cite) that involve information asymmetry. [1] That's usually a good place to creat
by hodgesrm 11y ago
Another way to look at it is that there are many use cases (like the one you cite) that involve information asymmetry. [1] That's usually a good place to create new markets. The legal field seems rather promising in this respect as the current delivery model of $300/hour with high minimum costs is incapable of addressing basic quick-hit problems like evaluating an offer letter to help with employment negotiation.
The interesting issue is not so much technology (it's basically there) but how to market to customers who only intermittently have a problem that requires your product. You have to find niche market customers who experience the asymmetry on a regular basis or you have to go through channels instead of direct sales. (Example: piggy back on LinkedIn as a channel to deliver services to assert rights under prevailing labor law.)
[1] https://en.wikipedia.org/wiki/Information_asymmetry https://en.wikipedia.org/wiki/Information_asymmetry