AI Agents- Next frontier to access the web

vtqhtr413

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Aug 17, 2017
1,494
The history of internet applications has witnessed a continuous evolution, from the era of websites in 2000s to mobile apps in 2010s. However, we are now on the verge of a new phase in web interaction: AI agents. With Gen AI, we have unlocked the ability to access all human knowledge and computers through natural language queries. This will enable widespread availability to services that were once exclusive to the privileged few, including personal assistants, therapists, personal coaches, content creation, coding etc. Most existing consumer applications have will have a AI agent soon, and many new use cases will emerge -> leading to significant increase in productivity and potentially $5T in new market cap.

2000s was the era when we used websites to interact with the web. Applications were mostly basic and by 2010 ~2B people were online and spent ~1 hour daily. $0.5T of market cap was created. Google, Booking.com and Amazon were the major players. However, the real transformative power of the internet was unleashed with the advent of smartphones in the 2007. Suddenly, we had the capability of a ‘computer on the go’. By the end of 2020 ~5B people were online, spending ~6 hours daily. Now that most people are online and spending a lot of their time online — the next phase of innovation will likely increase the output of the time we spent online. ChatGPT has shown the promise Gen AI will have in massively increasing human productivity.
 
Nov 1, 2022
28
Great read! Yeah, it's crazy how fast things are moving regarding AI and ecommerce once you set the important events in chronological order. I remember learning how to implement AI tools with aspects like demand forecasting and predicting/tracking customer behavior back in 2019/20, read dozens of articles on the subject like this one and this one at the time. And we did start using new apps at the company, but there was still a lot of manual work and fact-checking to be done back then. But now things have improved so so much, especially regarding personalized campaigns and offers, so if you're not utilizing AI, it's much like having only one dog pulling on the sled...
 

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