In this article by Zoi Capital Managing Director, Dr Ron Razmi, in Fast Company, he delves into the new phenomenon of faster growth for companies that use AI in product development and commercialization. Using the emerging capabilities of generative and agentic AI, many manual activities can be automated and run 24/7. This allows for faster product iteration, accelerated coding, testing and A/B testing.
On the commercial side, stories of agents that can do online marketing and process sales activities, domestically and globally, and lead to revenue growth rates unheard of previously. All of this can add up to new growth dynamics where AI-native companies can produce rapid growth and achieve milestones that took their predecessors many more years. All of this can lead to overall economic growth rates double our historic growth rates and even triple in the next 15 years or so, as my good friend, Dr. Nouriel Roubini, currently predicts.
From the article:
“What does this mean for revenue and profit growth on a company level? We may be starting to see glimpses of what the new growth dynamics will look like for companies that use AI. A recent Stripe report shows startling trends in how AI-native companies can grow their revenues much faster than their predecessors and achieve milestones that used to take far longer. For example, the top 100 AI companies on Stripe’s platform reached $1 million in annualized revenue in a median 11.5 months. This was four months ahead of the fastest-growing SaaS organizations. The report also found that AI companies that were founded after 2020, thus benefitting from the emergence of generative AI, touched their major revenue milestones around three times faster than older companies.”
https://www.fastcompany.com/91444645/is-ai-creating-new-growth-dynamics-for-companies
