It will get easier and easier to build tools. Sophisticated tools tailored to perfection.
AI will make it possible to create analysis tools, process tools, diagnostic tools and more - built and calibrated precisely to everyone’s unique requirements.
Will this erode competitive advantage ? Quite the reverse !
Imagine a world where everyone uses Excel, or PowerBI or some such tool to understand trends and inform judgment. In this world, while everyone can reach the same level using the same tools, only those with the resources to build something unique on top of these tools will win.
Now imagine a world where everyone can be a toolmaker - thanks to AI. In this world, anyone can build a better Bloomberg Terminal, or create a better workflow tool customized to local conditions to get that extra edge, or to create better tools to separate the signal from the noise.
The more creative and customized the better.
AI will open the floodgates to mass customized tools and endless iterations to get that extra bit of competitive advantage.
There’s never been a better time to be a toolmaker