The 2 businesses AI can never make obsolete

Shaan Puri argues that individuals not heavily involved in AI can still profit by creating businesses centered around community building. He shares two illustrative examples: the National Automotive Dealer Association (NADA) 20 Groups and Moda Communities. The NADA 20 Groups connect non-competitive auto dealers to discuss their financials in a supportive environment. Members pay a subscription fee and benefit from shared insights, which lead to heightened profitability. Despite its poor marketing, the organization thrives based on its community model.

Puri then introduces Moda Communities, which operates Facebook groups for enthusiasts of collectibles, such as watches and cars. This model capitalizes on trust and vetting processes, whereby dealers pay significant fees to access a dedicated buyer pool. The episode emphasizes the potential of community-driven businesses as a sustainable and prosperous avenue for the future, especially as AI changes the landscape of traditional business models.