AI soon will be the most crowded industry 3 min read

back then, only IT people who dive into the IT industry.

but now, people from every background uses AI to make stuffs. programmers, designers, copywriters, and many other backgrounds; even my friend from a chemical engineering uses AI to produce services.

the new red ocean

AI is promising, yet it will be the new red ocean at the same time.

it has larger market but the entry barrier is somewhat lower than the IT industry.
it has a higher level interface than programming languages.

AI eats the world

it’s an ongoing revolution, and there will be bigger waves and yet even faster in the future — just to be obsolete in a few moments later because the bigger companies with larger capital produce a much better version of it.

yet this is the time of moving fast will be way more important than ever.
because it’s not the big that eats the small, it’s the fast that eats the slow.

AI screams efficiency

a factory used to need many, many workers to produce a product line.
after the steam engine revolution, it might only need 10 workers. many got laid off.
they who own machines can be the new kings.

before AI, a company might need many service workers. 5 designers. 2 legals. 20 programmers. etc.
after the AI revolution, company can reduce them by a magnitude. many got laid off.
they who master AI can be the new kings.

the operators

just as a machine could produce a better product, so does AI can produce a better output.
a machine needs an operator. same thing with AI.

the world is shifting from manual workers into operators.
they who can operate the “machines” will have a place in the new world.
the manual workers are no longer needed.

they who are still stubborn with their old ways to do things — will no longer have a place in the new world. AI turned the people of the world into operators.

the multiplication

a factory can always produce a product faster than the market demand — just add more machines.

you can have as many products as required.
1000s? 1 mils? 1 bils? not a problem. but is there enough market for it?

same thing with AI. almost.

AI can produce service-based outputs faster than the world’s demand.
but is there enough market for it?

the basic formula

when supply is over demands, the price drops. the profit margin will suffer.
this happened in the manufacturing.
this is what could potentially happen to the service industry.

low entry barrier, over supply.
what about the price & the profit margin then?

yes. this is a timebomb for the service industry waiting to happen.

what do you think the future might hold?