Let AI start that business idea of yours

AI will change how everyone works. And how we do the work of entrepreneurship is no exception.

Generative AI helps entrepreneurs take more of the make-something-from-nothing to-do list and handle it themselves. If so much of starting something new is making a good enough first version of a bunch of things, generative AI is a 20x force multiplier for starting things.

Key to harnessing this force will be our ability to interface with and integrate new AI systems into our life and work. Systems like ChatGPT.

Over the past year, a group of prehype entrepreneurs has been experimenting with some of these ideas and how entrepreneurs can and should harness generative AI.

One concept that we are very excited about is something we call Automagicals: small modules built on top of AI that make our life easier and our work more effective. Personalized little services that allow us to quickly do anything from ideation to meditation to optimizing personal tasks. Like finding new books to read. (Check out Nicholas Thorne’ first Automagical here, which finds the book discussions on +500 popular podcasts and lets you jump right into them). Of course, Automagicals that make our life easier might do the same for others (and generate some passive income in the process).

We think a lot about how entrepreneurs can set themselves up for long-term success – how they can build their own entrepreneurial Ironman suit. This is why we believe that more people should be working a lot with AI and making Automagicals:

  • to really learn about new technologies, you have to work with them, not just read about them

  • it’s good practice to actually try to build something that you use yourself on a daily basis

  • and you never know - what you build might throw off some passive income when you sell it to some others… or even become your next venture

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A Q&A with Maersk’s Betty Yan, the First prehype Fellow in Residence