Friedberg argues AI enables small startups to pursue multi-billion dollar markets previously requiring much larger teams.
“I actually think the addressable economic opportunity for startups has actually grown. So startups that otherwise might not have been able with 50 or 100 people to go after a multi billion dollar seed market, which is kind of the market that we're in, can now do so because of the leverage they get with AI.”
Friedberg states the odds of building a billion-dollar company are 0.0006%, yet that's what gets all the attention.
“The odds of the guy of being the guy on the left are according to a study and I put the URL up there, point 0006%.”