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Stock impact report

AI And Entrepreneurship? The Story Starts To Emerge [Yahoo! Finance]

Bausch + Lomb Corporation Common Shares (BLCO) 
Company Research Source: Yahoo! Finance
Over the past six months, job-cut announcements from big companies and a series of fear-inducing viral posts created a sense of doom about AI's effect on the labor market. But on a recent trip to Rochester, to promote Capital Evolution , I had a chance to do my first real reporting about how AI is affecting entrepreneurship. Journalists used to call this “gathering string,” finding the threads of the real story. In the entrepreneurial economy, AI is driving startup growth and some hiring, as a few successful companies start to emerge. It's become much easier to bring launch products and companies. The AI boom is also evolving differently than the software boom. Software companies -- and the men who almost always lead them -- famously land millions or hundreds of millions of dollars in funding for untested ideas. In the AI economy, where ideas-in-digital-form are a dime a dozen, revenue and customers matter more. In other words, human skills are becoming more valuable. The data th Show less Read more
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