SaaS apps becoming dumb databases while AI captures the incremental value

If if all these SaaS apps become dumb databases and Toast just becomes a a POS system, they're not going away, but they become commodit more and more commodified.

34:25 / 35:18

the app are as nothing because this new thing is disruptive enough just because the recommendations are 5% better. If if all these SaaS apps become dumb databases

and Toast just becomes a a POS system, they're not going away, but they become commodit more and more commodified. And the real issue is they don't capture enough of the incremental value. It's the incremental value we're investing. I think and I think Jason, I wanted to deal with the easy ones first. Right? Do you really believe that there will be a direct competitor to DoorDash enabled by AI? Listen. We all we all agree that that is that is click baity. Okay? And so is all of it. But listen, even if let's talk about ghost GDP for a minute. I admit I'm living on the bleeding edge. Okay? Let's concede that I'm a laboratory. But we have gone from 12 people to two people on my little team that not only does investment, it generates 8 figures a year in revenue. Okay? And that is Ghost GDP. Those folks that are gone, that value,

About this clip

A discussion on how AI disruption threatens to commoditize existing SaaS applications by making them into basic databases, while new AI-powered solutions capture the incremental value from marginal improvements. The speaker shares a real example of reducing their team from 12 to 2 people while maintaining 8-figure revenue through AI automation, illustrating the concept of 'Ghost GDP' - economic value created without traditional human labor.

Why this clip

Provides a concrete real-world example of AI's economic impact with specific metrics that illustrate broader market disruption themes.

34:25 - 35:1853smarket insight

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