OpenAI Head of Engineering predicts AI will lead to a 'golden age'

OpenAI's Sherwin Wu predicts AI will foster numerous small companies rather than single-person billion-dollar startups. He believes AI lowers barriers to entry, leading to a surge in businesses and a "golden age" for B2B SaaS. This shift may also see fewer venture-scale returns and more specialized, AI-driven ventures.

By TOI TECH DESK