The NFX Podcast
We believe creating something of true significance starts with seeing things others do not. NFX is a venture firm exclusively focused on pre-seed & seed stage startups.
Essay Readout: 3 Waves of Successful Generative Tech Startups by James Currier
This is an essay readout using an AI voice clone of NFX general partner, James Currier. Every 14 years there’s a tech revolution, and we have now entered the Generative Tech revolution. Anything you’re interested in, anything you’re working on is going to be impacted by generative tech and generative AI. In addition to the AI model companies, many unicorns and decacorns will be built, starting now. We’re already seeing three types of winners. If you can wrap your mind around what is happening with these new capabilities and see the future better than others, there is no better time to build something huge.
Key Points
- The generative tech revolution is poised to impact every industry, with the first wave consisting of startups that wrap AI models in user-friendly interfaces and focus on sales and onboarding processes.
- Second wave companies will integrate AI to enhance traditional businesses, offering faster, cheaper, and higher quality services without necessarily marketing the AI component to their customers.
- The third wave of generative tech will be driven by visionary entrepreneurs who leverage AI to create entirely new transactions and experiences, redefining industries in ways not yet imagined.
Read the full essay here - https://www.nfx.com/post/3-waves-generative-ai-startups
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Transcript
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