In this episode, we explore why AI-enabled services are a more realistic and viable option for ordinary people in Singapore compared to building products or platforms.
We discuss the challenges of pursuing To B and To C markets in Singapore, highlighting the high costs and intense competition from established players.
We examine the advantages of focusing on AI-powered services in Singapore, including:
High demand for quality services due to the high cost of labor
Relatively low competition from large corporations and "air force" teams (those who excel in digital marketing and user acquisition)
Increased accessibility and affordability of AI tools, particularly large language models (LLMs) and multimodal technologies, that enable individuals to provide services more efficiently
We provide examples of specific service areas where AI can be effectively utilized, such as real estate brokerage, insurance consulting, coaching, and outsourcing.
We emphasize the potential for AI-enabled services to empower individuals, reduce costs, enhance efficiency, and create profitable businesses in Singapore.
Share this post