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The case for applying AI in another domain instead of competing with AI companies
a16z quotes Flexport CEO Ryan Petersen recalling Charlie Munger’s advice: “The key to success is dumb competition.”
TLDR
a16z shared Flexport CEO Ryan Petersen’s account of Charlie Munger telling him Flexport had a great business because “the key to success is dumb competition.” Petersen says he passes that lesson to AI founders: Rather than compete with people he calls “AI geniuses,” he advises them to apply AI in another domain.
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