A few days ago I was talking to a friend of mine who makes art for a living and recently got commissioned a fountain. I curiously asked him what the hell did he know about hydraulics and fountains, to which he confidently responded "nothing, that's for the artisans to figure out. I am the artist".
That sentence stuck with me long enough to feel the need of writing it down here.
For as long as I can remember, one of the top mantras I heard in the tech/entrepreneurship world has been "ideas are cheap, execution is everything." The main concept was that everyone had ideas, you had ideas, I had ideas, your uncle had ideas...the only difference between a founder/entrepreneur and a guy with a shower thought was the ability to turn an idea into reality.
That mantra is getting less true every day now. Among the many mirabilia AI is bringing, one of the most interesting is that execution is getting commoditized. You don't need to know how, you don't need to know what...you only need to be able to type on a keyboard and pay a bill (obviously that is an exaggeration since you need to know a little bit about something to be able to at least express what you want, but the bar is getting so drastically low that it is becoming negligible for many areas).
The ability to write code, to make financial models, to build marketing strategies, to execute sales, to organize logistics...everything that has to do with core execution and used to differentiate good companies from bad companies is being abstracted away.
So what is left to differentiate two companies? Two things: access capital and ideas.
However, if we assume (and I think we can/should) that cost of execution will consistently go down (as a function of tokens costs), access to capital becomes even less relevant..and "ideas" are left as the only main differentiating factors between entrepreneur.
In other words, it looks like todays/tomorrows entrepreneurs will look much more like artists than artisans.