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There's a lot of focus on AI taking away jobs. I believe it will constitute an existential threat to a lot of companies. Highly productive solo individuals and
by gmt2027 3y ago
There's a lot of focus on AI taking away jobs. I believe it will constitute an existential threat to a lot of companies. Highly productive solo individuals and very small teams will outcompete large companies by leveraging AI. When capital requirements, transaction and information costs drop dramatically, the optimal size of a firm will change. I believe they will become dramatically smaller.
- bjornsing 3y ago> When capital requirements, transaction and information costs drop dramatically, the optimal size of a firm will change. I believe they will become dramatically smaller. I hope so. Oh how I hope so.