MODEL-MARKET FIT

Summary from the TLDR Founders newsletter

Product-market fit has a prerequisite most AI founders ignore. Before the market can pull your product, the model has to actually be capable of doing the job. Legal AI was stuck for years until GPT-4 crossed the threshold, then minted more unicorns in 18 months than the previous decade. You can tell when MMF is missing by how human-in-the-loop gets positioned. When it exists, human oversight is a feature. When it doesn't, it's a crutch. The dangerous zone is betting on capability that's 24-36 months away.