Dan Hockenmaier's Recent LinkedIn Posts

I just published a new essay: LLMs vs. Marketplaces Many are predicting that LLMs will get between the customer and major marketplaces like Amazon, Airbnb, and DoorDash, destroying their economics in the process. It's true that LLMs put new pressure on marketplaces, and that some of them will struggle. But many will be just fine. In the essay I outline which marketplaces are likely to win the battle, and which are likely to lose. I also lay out a playbook for marketplaces to thrive in the LLM era: 1. Do the hard things that LLMs won’t. You must be a managed marketplace. 2. Build AI search natively into your product. Your customers will expect it. 3. If you have high market share, play hardball with the LLMs. You have more leverage than most people think. 4. Now is not the time to get greedy on monetization. Your margin is ChatGPT's opportunity. Thank you to the incredible Casey Winters for his help on this. You can read the whole essay here: https://lnkd.in/gPpnd2ry

This new essay from Shreyas Doshi is very useful to read and grok. We all need to be using new AI tools to get better at our work. But they are not going to be a long term source of advantage. Because every smart company and person is going to adopt them. We’ll figure out which use cases are best, and the tools will commoditize and get easier to use. As always, your edge will come from the value you add on top of these tools - your judgment, your taste, your ability to work effectively with other humans. And that is going to be true all the way up until we hit AGI, in which case all bets are off anyway. So use the tools, but continue to develop the skills that make your more effective than everyone else using them.