I had an interesting chat with another CEO about a month ago, he asked me if I was planning to down-scale the team because of AI. My response was that down-scaling is hard, but building from the ground up is easier. One question I ask myself often is: "to do the same company I have today, if I was starting from scratch, how many people would we need?". I quite sincerely believe the next wave of companies will be 3-4 very talented humans, with specialist skills, doing to work that 100+ humans companies are doing today. The tools are really getting there. I was wrong last year to believe mediocre people would benefit a lot from AI and average things out. I am now convinced it's the opposite, the top few percent of high-performers are going to fly with AI, while the rest will just stay in awe at fancy words their LLM replies to their prompts. I'm absolutely hyped at the future for humanity, ideas will be able to come to life with low capital, really quickly, and without the inefficiency of people doing low value things.