AI godfather explains why starting a company is easier than ever
“In the short run, I think it's just the opposite of that.”
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In the short run, I think it's just the opposite of that. I I think it's easier than ever now to to be a founder and and build something, because you need less capital and, and and and less labor as well, I guess. And, you know that has been one of the innovations of the last decade or two, right? It used to be that capital was the key to forming a business, and you know, for me in the software industry, if I wanted to to start a business, I needed, enough money so that I could buy a bunch of computers and and rent a lot of office space and and hire a bunch of people, and then I could get started.
About this clip
Peter Norvig argues that contrary to popular belief, it's actually easier to be a founder today than in the past. He explains how technological advances have dramatically reduced the capital and labor requirements needed to start a business, particularly in software, where entrepreneurs no longer need to buy expensive computers or rent large office spaces upfront.
Why this clip
A respected AI expert challenges the common narrative that starting companies has become harder, offering a refreshing perspective on reduced barriers to entry.
What they said next
AI godfather reveals which jobs will disappear first and why it's good
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