The AI era of apps is here. In this discussion with a16z Apps Fund GPs Alex Rampell, David Haber, and Anish Acharya, they break down: - How AI is driving explosive product growth - The new product categories that couldn't exist before AI - Why AI-native startups should look for “greenfield” opportunities with unserved customers instead of competing with large incumbents - Why moats still matter - How software is eating labor 00:00 Introduction 02:17 AI's role in enterprise and consumer applications 05:03 Emerging AI trends and investment strategies 08:43 Traditional software going AI-native 14:40 Software eating labor 17:04 Case study: Eve 21:33 Building defensible moats 24:45 Case study: Salient 31:53 The walled garden 40:23 Incumbents vs startups 53:32 Consumer AI applications 56:03 Model aggregation strategy 57:06 Investment process & team 1:06:46 Customer retention & enterprise sales @arampell @dhaber @illscience(a16z)