BarbAIrians at the Gate: The Financial Opportunity of AI
Andreessen Horowitz
AUGUST 30, 2023
Released in 1979, VisiCalc was the first “killer app” of finance (on the Apple IIe!), Generative AI is likely going to usher in a far more profound method of company transformation. Lockheed Martin makes F-35s by assembling atoms, and has a 13% gross margin; Salesforce makes software by assembling bits, and has a 74% gross margin.
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