My favorite slides (and takeaways) from Benedict Evans “AI is Eating the World” slide deck.
Slide 4 - Tech moves in platform shifts
The amout of wealth that will be created during this platform shift is hard to even comprehend.
I remember living in Sili
As of now, the opportunities are endless for company creation.
Never let a good platform shift go to waste ;)
Slide 6 - Platform shifts reset the tech industry
Microsoft went from 95% of computing to 10% in a decade. Microsoft owned computing until the computer moved to your pocket
In a blink of an eye, it vanished. This is the cool part if you're building a company during a platform shift, the world is your oyster.
Anything is possible.
Slide 23 - Sam Altman's POV on the future
I think Sam is right that people will buy intelligence like a commodity like electricity. My best guess is they'll pick the cheapest provider that clears a quality bar, the same way you pick an electricity provider. Nobody cares who generates their power. They care that the lights turn on. That's where models are headed. Which means the value shifts entirely to what you build on top of the meter.
Slide 26 - What will equilibrium look like?
This is why I keep saying build the vertical apps. The model layer is turning into a capital-intensive commodity with low margins and no network effects. The application layer, the vertical agent that solves one problem for one industry, that's where the network effects, the margins, and the monopolies re-form. The value is moving up the stack. Build there.
The margin lives with the customer relationship and data.
Slide 27 - Thesis on AI
Chat is terrible UX. Agreed. The labs can't build all the apps. Obviously. Models are commodities with no network effects. Already happening. Which means: innovation moves up the stack. Straight to the founders building real products for real industries on top of commodity intelligence.