> With AI I think what's happening is that more competitors are challenging these incumbents leading to downward pressure on pricing. Which is great for customers!
If AI automates jobs, POS system vendor is using an AI to run the business. You can do that yourself and remove the middle man.
re: "Ah, how would you automate entrepreneurship?"
I meant that every non-physical business need that would be filled by a local business can now be filled by the same AI you have already use to automate half the jobs away.
There is this fantasy where employers can replace workers with AI but businesses cannot replace their software vendors with AI
If AI automates jobs, POS system vendor is using an AI to run the business. You can do that yourself and remove the middle man.
re: "Ah, how would you automate entrepreneurship?"
I meant that every non-physical business need that would be filled by a local business can now be filled by the same AI you have already use to automate half the jobs away.
There is this fantasy where employers can replace workers with AI but businesses cannot replace their software vendors with AI