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- a16z wants to invest in consumer AI
a16z wants to invest in consumer AI
The abundance agenda by a16z: What does a16z, one of the top VC firms, think about AI and the upcoming transformation in consumer technology? Well, it’s telling us upfront.
What’s going on here?
a16z releases its abundance agenda for investing in consumer AI.
What does that mean?
So, in simple words, a16z’s shabang is: AI will explode personal creativity, productivity and relationships. This will give rise to consumer companies which will grow insanely fast and have high user retention. a16z is all up for funding such ideas.
They highlight some major focus areas for each of these enhancements:
Creativity + Productivity: Content generation, AI native content editing and tools that do stuff.
Companionship + Social: AI as a companion/friend and AI as tool to connect with friends, partners etc.
Personal Growth: AI for education, personal finance or wellness.
The document has more details on each of these and additional resources to go deeper.
Why should I care?
If you’re a founder rebuilding in these niches or in general an AI consumer company, you know that there are investors who believe in the space. If you’re a builder looking for ideas, take notes, a16z’s spilling the tea (can you see? I’m trying to be GenZ.)
The agenda has got their thesis, their way of investing, contact of consumer AI partners from the firm and much more. Check it out.