How AI apps make money

I can upload to Claude an income statement for a small business and prompt “here's an excel of my startup's finances, make it a dashboard.” A few seconds later I get this:

But, because it is fast and responsive, I can go further, applying techniques I teach in my entrepreneurship classes that help founders test their financial assumptions. “Add sens... See more

For example they have lower gross margins. Anecdotally, we have seen gross margins of ML companies at around 50/60% vs 60–80% of comparable SaaS businesses. This is due to two factors. Firstly, the hidden cost of the cloud infrastructure. Training a single ML model costs thousands of dollars in computing resources. Secondly, many applications requi... See more

I tell my AIs what to do. I push a button. They do it instantly and it costs me about $1.50 to $3.00 in OpenAI API charges.