Why Mark Cuban says AI is "the great democratizer"
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Why Mark Cuban says AI is "the great democratizer"
"Right now, if you're a 14- to 18-year-old and you're in not so good circumstances, you have access to the best professors and the best consultants."
"It allows people who otherwise would not have access to any resources to have access to the best resources in real time. You can compete with anybody."
"Competitor research. I use Lovable to create apps that can compare Cost Plus Drugs' pricing to other pricing. I use it to complement Google Alerts to find stuff I otherwise couldn't find."
"I'd rather deal with what we see coming out. If we see a company does A, B or C and we realize that's dangerous, [I'd rather] deal with that than trying to put roadblocks up front."
AI provides widespread access to top professors, consultants, and resources for young people in disadvantaged circumstances, enabling real-time competition with anyone. AI is used for practical business tasks such as competitor research, building pricing-comparison apps with tools like Lovable, and augmenting monitoring systems like Google Alerts. AI is not viewed as entering an internet-style bubble because technological improvement in AI continues rapidly rather than slowing. Small companies offer valuable opportunities for graduates with coding and AI skills because they need those capabilities. Regulation should be reactive, addressing dangerous practices as they appear and guarding against regulatory capture by large model operators.
Read at Axios
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