In a podcast interview, Elad Gil shared some market predictions for 2024. He mentioned that there will likely be four markets next year, with AI being one of them . He also mentioned that in the AI space, companies that fundraised in 2021 but are not focused on AI may face challenges, with a third of them potentially going under and another third reaching their highest valuation ever .
Regarding AI agents, Gil emphasized the importance of starting with a targeted, focused initial use case rather than trying to build an agent that does everything . He also mentioned the potential for AI in healthcare, particularly in operational or service-intensive areas such as healthcare delivery and streamlining payments .
In the same podcast episode, Gil expressed concerns about companies burning cash without much revenue to show for it, which could affect their ability to raise more money . He also mentioned that the venture capital community could be impacted if some unicorns lose their value .
It's important to note that market predictions are speculative and subject to change based on various factors.