5 ms·
I know nothing about moat or network or anything like that. This is basic stuff. People have money. People use money to buy things. Money is limited. It can mo
by alganet 1y ago
I know nothing about moat or network or anything like that. This is basic stuff.
People have money. People use money to buy things. Money is limited. It can move, and shift, but not grow. People earn X and will spend a portion of that on stuff on different things.
If there's a lot of similar competitors of similar cost and quality, they'll share the money pool (what people are willing to spend on your kind of thing).
AI is, therefore, irrelevant. It drives your costs down, but it also drives the cost down for everyone. Any competitor can use it to achieve similar results. If you base your production on it, you get no edge.
What can you do that is unique and you can offer to your potential customers?