A new type of startup is coming - smaller, faster, cheaper and weirder. Nathan Baschez shows how AI tools are transforming coding, data analysis, design, and communication.
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Imagine a world where startups can start small scale quickly and try out outlandish ideas without breaking the bank. That's the future that AI is making possible according to Nathan boss has a leading entrepreneur and thought leader on a I now picture this a startup landscape that mirrors the capabilities of its technology. You've probably heard about Conway's law a principle that asserts that the design of a system reflects the communication structure of the organization that built it in the.com era. We saw the rise of mass of startups with executive teams boasting mbas and Hefty series a funding fast forward to the Lean Startup error enabled by open-source framework Saint Cloud Computing and we witnessed a shift toward smaller more agile teams, but now a is poised to usher in a new era a new breed of startups that will redefine our understanding of organizational structures. In the 2020s startups born in the age of AI will leverage open-source and cloud computing to start small stay small longer and Achieve unprecedented scale with minimal Human Resources. Remember Instagram with just 13 employees or Whatsapp managing 450 million users with 35 Engineers. Get ready for more success stories like these But what does this mean for you my listeners? It means a world where experimentation flourishes we're weird and innovative ideas become the norm the cost of starting up has already dropped significantly, but with AI entering the sea the possibilities are boundless. So with that in mind, let's explore the Practical applications of AI today. I outlined several key functions that are reshaping startup formation and scaling from writing code with tools like get Hub co-pilot and chat gpt2 automating data analysis with platforms like seek AI is empowering startups to do more with less. AI isn't just about crunching code. It's about transforming the very nature of work. It's making learning new technologies more accessible revolutionising software testing and even shaping the design process companies like diagram and Galileo are using a AI to accelerate the design workflow making it easier for both designers and non designers to create exceptional interfaces. But the impact goes beyond product development AI is revolutionising how we communicate with users interpret their feedback and automate sales and customer support tools like Lex Jasper and copy I are making marketing copy and content Generation The Breeze while large language models are sifting through mountains of user feedback turning them into actionable insights. Now Envision the future with me. As AI takes on more tasks humans will play a different role in company building. We become The Visionaries the glue that holds everything together AI becomes our Ally handling the repetitive tasks and allowing us to focus on the big picture. Of course, there are also some challenges that come with AI powered startups. One Challenge, is that a I can sometimes create a Level Playing Field making it harder for startups to differentiate themselves from their competitors. Another challenge. Is that a I can also automated way some of the jobs that humans need to survive the key is to ensure that the applications of AI in our businesses create a better future. Not just a cheaper present. If you're an entrepreneur looking to get started now is the time to start thinking about how a I can help you achieve your goals with a i on your side. You can create a startup that it's not only successful but also Innovative and impactful.