IF INTELLIGENCE IS GETTING CHEAP, WHAT REMAINS EXPENSIVE?

Summary from the TLDR Founders newsletter

Buying established service businesses gives AI builders access to what's hardest to replicate: customer trust, distribution, and employees' hard-earned expertise. Ownership also lets them redesign entire workflows and capture the resulting profit gains, which would otherwise largely accrue to their customers. The challenge is turning hours saved into higher revenue and better service, rather than treating adoption alone as success.