Vineet Mohan’s Post

There are 2 bullish views on the future of AI; 1️⃣ AI can replace SaaS / Software, a $300B+ market OR 2️⃣ AI can partially replace white collar workers, a $5T+ market Either way, a lot to go after. To understand this better, an example may help. 🧾 In the SaaS / Software world, the introduction of an accounting software helped companies and their accounting teams organise & retrieve financial data in a structured manner (tables, lists). It replaced the use of file cabinets, spreadsheets, pen & paper in times past. Any work (using this stored data) outside of the tool was still done by humans however. 🤖 This changes in the Gen AI world. With AI agents now capable of reading unstructured data (e.g., in emails), a number of previously manual tasks will get automated e.g., reading invoices, reconciling payments, auto-updating records, drafting financial reports, deriving trends & insights. Which means we won't need as many people in existing teams (at least not doing what they do today!). And hence the 'AI can partially replace white collar workers' view. Also why there is talk about the shift from 'Software-as-a-Service' to a new 'Service-as-a-Software' paradigm (service here referring to 'white collar work'). It's been 2 years since ChatGPT, rapid change may well be the only constant going forward. #genai gAI ventures