Andrew Chen (@andrewchen)

I generally agree that the incumbents have a leg up in the AI phase in a way that they didn't in mobile. Mobile was also pretty quickly adopted by incumbents too, it's just that it requires a full rewrite of the UX to adapt to the new device profile, whereas AI can more likely be added on. That said, its been surprising how fragmented the large model layer has been, how many folks are going the API and open source route, etc. If you want to start a new AI-first app company, there's a ton of choices for which model to build upon. The new UX innovation is an interesting question though. Might be that conversational is very important, and there's something new there. Or maybe some second-derivative format like avatars or something. We'll see. Tech will march ahead, so I have to bet there are new modalities in each generation, not just more of the same.