Mark Cuban is no stranger to the advocacy of AI, but now the billionaire investor sees a reality where AI will be a “basic competence like an email or an excellent” in five years.
Cuban believes that for business owners, being qualified in AI will be a table expectation. This is how they take advantage of technology that will dictate their success in the years to come. The billionaire said Fortune In an email of questions / answers than in 10 years, “we will see more people work for themselves” with the help of AI assistants, who will transform “the solo founders into complete teams”.
“If you don’t use [AI] To move faster or make smarter decisions, you are late, “he wrote.
Not only Cuban considers AI as a necessary competence for anyone to learn, but also as a member of the team, any entrepreneur can invest to help build his future.
For Cuban, the future begins now. The ex-Shark tank Star advises Zenbusiness, an AI platform that has helped more than 850,000 small businesses to start their own businesses. Cuban sees AI assistants like the one who was launched Tuesday as “the ultimate equalizer”. Cuban has a financial interest in the Zenbusiness platform.
Zenbusiness this week announcement The launch of “VELO”, a new AI agent designed to automate commercial operations such as regulatory deposits, research and creation of websites. The AI chatbot will take data and information provided by business owners via their Zenbusiness user portals and provide personalized advice without additional costs, acting as a “24/7 advisor”, said the CEO and founder of Zenbusiness Ross Buhrdorf Fortune.
Cuban said that AI agents and Velo have the capacity to act as “vice-president of the entrepreneur’s ops, your first sales representative, your data analyst and your legal advisor made one, minus the wage bill”. But, he warned entrepreneurs should treat AI as “your smartest trainee: ask the right questions, but always go back the answers”.
Buhrdorf said that the cat bot is delivered with human technical support.
In 2024, 5.12 million new applications to launch companies were submitted, a drop of 6.9% compared to 2023, which saw a record of 5.5 million new commercial demands filed, according to data US Census Bureau. While the pandemic, the government stimulus and changes to remote work has led a record entrepreneurial activity, the interest in the start of new businesses remains solid.
Cuban said the most common obstacles for entrepreneurs today are “fear and funding”. He thinks that AI agents can unlock entrepreneurs who cannot enter into an industry due to job costs.
“”[Ai isn’t] Just a tool, it’s a lever effect. If you are not using AI to move faster and make smarter decisions, you are disadvantaged, “wrote Cuban.” The most selected entrepreneur will understand how to properly use AI. “”
Cuban thinks that AI will not replace entrepreneurs – so it is possible to empower those who know how to exploit technology.
“In the end, AI is a multiplier,” wrote Cuban. “Use it, but don’t be used by it.”
