Creator Economy, AI & retail-tech investor | J.D. & J.M. | PNG collector | Musical lover | Happy to chat, using Cal.com link below to book calls (https://cal.com/darrenli)
This transformation begins with less-complex, one-off models (typically referred to as machine learning) to do simple tasks that are forgiving to mistakes; for example, Netflix using AI to recommend shows.
That’s a key mental shift. The cost of failure is as close to zero as it’s ever been, and it will continue to fall. That’s true for entrepreneurship, and it’s even more true for the Great Online Game. Because entrepreneurs are trying to build a business; when you start to play the Great Online Game, you’re just building optionality.
No startup wants to be the Napster or Limewire to the eventual Spotify (h/t Jason Boehmig). The rules are opaque: Japan has declared that content used to train AI has no IP rights, while Europe has proposed heavy-handed regulation
Everyone knows that China is good at manufacturing. That’s been true for decades. What’s changed is that over the past five years, Chinese companies have caught up, and in some cases surpassed, the rest of the world in its understanding of mobile ecommerce consumer experience.