B rendan Foody is 22 years old and runs a company worth billions. This August, I met the young CEO in a glass conference room overlooking the San Francisco Bay. While his peers are searching for their first jobs, Foody is pursuing a " master plan," as he calls it, to upend the global labor market. His start-up, Mercor, offers an AI-powered hiring platform: Bots weed through résumés, and even conduct interviews. In the next five years, Foody told me, AI could automate 50 percent of the tasks that people do today.

AI Science assistant helping researchers and companies to accelerate innovation and solve challenges. Creating new flavor combinations is at the core of being a chef. Foodpairing will vastly expand your repertoire by unlocking a whole new world of hidden flavor combinations. Cobrainer's analytics engine makes expertise visible based on internal data to create a unique map of your organization. Robo-journalism and auto-copywriting: produces your texts in over 27 languages at the touch of a button and in perfect tonality.

Over the last several weeks, we've reached peak AI/Bot mania. The major takeaways are: given that consumers don't really download apps anymore, brands & retailers have a new access point to end consumers, sitting on top of existing messaging platforms and leveraging chatbots to ensure mass scale. The big effects of Chatbots from a unit economic or business perspective are: (1) Properly executed AI can transform certain human capital marketplaces from operating as take-rate businesses and transition them into high gross margin software businesses.