There's still whitespace for vertical AI startups. If you’re building vertical AI, look for four things in a market: - The work repeats often enough to learn from - Judgment matters, so there’s nuance to learn - An expert can quickly evaluate the output and explain what to improve - You can start with one task and grow into owning more of the job Together, these can create a strong learning loop. That’s a key part of the vertical AI advantage. Focus can earn deeper access, more job-specific data and context, and a better understanding over time of what good work looks like. Incumbents may own the record. Labs may own the front door. Vertical AI can still own the job. a16z’s @seema_amble on where vertical AI can still win: https://www.a16z.news/p/the-incumbents-are-coming(a16z)