AI Is Redefining Time’s Value, Says Tenacity VC Founder Ben Narasin
Ben Narasin, founder of Tenacity Venture Capital, argues that artificial intelligence is transforming the fundamental economics of time. Large language models can engage users indefinitely without fatigue or cost escalation, reshaping how businesses approach customer interaction.
Narasin predicts proprietary data's competitive edge will erode, forcing companies to focus on building enduring brands. High-stakes sectors like healthcare and law present prime opportunities for AI innovation due to their zero-error tolerance requirements.
The venture capitalist maintains a long-term perspective, believing AI's impact will surpass even the internet or mobile revolutions. "AI fundamentally changes the value proposition of time," Narasin stated during a CNBC Squawk Box interview, highlighting how machines can provide continuous service without draining resources.