<story><title>AI&apos;s $600B Question</title><url>https://www.sequoiacap.com/article/ais-600b-question/</url></story><parent_chain><item><author>AlexandrB</author><text>&amp;gt; Apple: First &amp;quot;smart phone&amp;quot; but not the first personal computer&lt;p&gt;Was it the first smartphone? I would call phones like the Palm Treo and later BlackBerries smartphones. There were even apps, but everything was lot more locked down and a lot more expensive.</text></item><item><author>malfist</author><text>Let&amp;#x27;s see:
Microsoft Windows: wasn&amp;#x27;t close to the first OS&lt;p&gt;Microsoft Office: wasn&amp;#x27;t close to the first office editing suite&lt;p&gt;Google: Wasn&amp;#x27;t close to the first search engine&lt;p&gt;Facebook: Wasn&amp;#x27;t close to the first social media website&lt;p&gt;Apple: ~~First &amp;quot;smart phone&amp;quot;~~ but not the first personal computer. Comments reminded me that it wasn&amp;#x27;t the first smartphone&lt;p&gt;Netflix: Wasn&amp;#x27;t close to the first video rental service.&lt;p&gt;Amazon: Wasn&amp;#x27;t close to the first web store&lt;p&gt;None of the big five were first in their dominate categories. They were first to offer some gimmick (i.e., google was fast, netflix was by mail, no late fees), but not first categorically.&lt;p&gt;Though they certainly did benefit from learnings of those that came before them.</text></item><item><author>threeseed</author><text>&amp;gt; Founders and company builders will continue to build in AI—and they will be more likely to succeed, because they will benefit both from lower costs and from learnings accrued during this period of experimentation&lt;p&gt;Highly debatable.&lt;p&gt;When we look back during the internet and mobile waves it is overwhelmingly the companies that came in after the hype cycle had died that have been enduring.</text></item></parent_chain><comment><author>irq</author><text>&amp;gt; I would call phones like the Palm Treo and later BlackBerries smartphones.&lt;p&gt;It&amp;#x27;s not just you; at the time these products were available, _everyone_ called them smartphones. Emphatically, Apple did not bring the first smartphone to market, not even close. They were, however, the first to popularize it beyond the field of nerds into the general public.</text></comment>
<story><title>AI&apos;s $600B Question</title><url>https://www.sequoiacap.com/article/ais-600b-question/</url></story><parent_chain><item><author>AlexandrB</author><text>&amp;gt; Apple: First &amp;quot;smart phone&amp;quot; but not the first personal computer&lt;p&gt;Was it the first smartphone? I would call phones like the Palm Treo and later BlackBerries smartphones. There were even apps, but everything was lot more locked down and a lot more expensive.</text></item><item><author>malfist</author><text>Let&amp;#x27;s see:
Microsoft Windows: wasn&amp;#x27;t close to the first OS&lt;p&gt;Microsoft Office: wasn&amp;#x27;t close to the first office editing suite&lt;p&gt;Google: Wasn&amp;#x27;t close to the first search engine&lt;p&gt;Facebook: Wasn&amp;#x27;t close to the first social media website&lt;p&gt;Apple: ~~First &amp;quot;smart phone&amp;quot;~~ but not the first personal computer. Comments reminded me that it wasn&amp;#x27;t the first smartphone&lt;p&gt;Netflix: Wasn&amp;#x27;t close to the first video rental service.&lt;p&gt;Amazon: Wasn&amp;#x27;t close to the first web store&lt;p&gt;None of the big five were first in their dominate categories. They were first to offer some gimmick (i.e., google was fast, netflix was by mail, no late fees), but not first categorically.&lt;p&gt;Though they certainly did benefit from learnings of those that came before them.</text></item><item><author>threeseed</author><text>&amp;gt; Founders and company builders will continue to build in AI—and they will be more likely to succeed, because they will benefit both from lower costs and from learnings accrued during this period of experimentation&lt;p&gt;Highly debatable.&lt;p&gt;When we look back during the internet and mobile waves it is overwhelmingly the companies that came in after the hype cycle had died that have been enduring.</text></item></parent_chain><comment><author>seanmcdirmid</author><text>First modern smartphone (capacitive touch screen&amp;#x2F;multi-touch&amp;#x2F;form factor), but not first smartphone.</text></comment>