The Transformative Power of Generative AI in Industry and Law.
Originally Published 2 years ago — by NFX
AI has the potential to leapfrog legacy technologies in industries that have not yet fully embraced SaaS. Agriculture, hospitality, education, legal, construction, and manufacturing are among the industries that are primed for AI leapfrogging. Generative AI can provide a push-button solution that reduces the burden of digitization and enhances the value proposition, making it easier for non-transactors to adopt. The advantages of AI leapfrogging include delivering instant value, reducing switching costs, and creating defensibilities for long-term growth.