Andrew Yang thinks the next big startup opportunity is lowering the cost of living
TechCrunch
Andrew Yang argues that startups focusing on reducing basic living costs offer a significant, untapped business opportunity in the age of AI.Summary
Entrepreneur Andrew Yang suggests that the next wave of successful startups will focus on lowering the cost of living for consumers, following a business model that returns value rather than extracting it. Inspired by models like Mark Cuban's Cost Plus Drugs, Yang launched Noble Mobile to provide affordable cell service and share profits with users. He contends that as AI impacts employment and wealth concentration, businesses that make essential needs more affordable provide both a necessary social service and a promising economic opportunity.
(Source：TechCrunch)