New-age companies are increasingly adopting an "AI diet" to run lean and efficient operations. This approach involves leveraging artificial intelligence to streamline processes, reduce costs, and enhance productivity.
For instance, Shashank Agarwal, founder of API.market, has successfully implemented an AI diet in his company. Despite having only two team members, Agarwal's company has managed to serve 3,100 customers worldwide and generate an annual recurring revenue of $200,000.
The AI diet is particularly beneficial for startups and new-age companies, as it enables them to compete with larger corporations without incurring significant expenses. By automating routine tasks and focusing on high-value activities, these companies can achieve impressive results with limited resources.
This trend is expected to continue, with more companies embracing AI to drive efficiency and innovation. As the use of AI becomes more widespread, it will be interesting to see how companies adapt and evolve to remain competitive in the market.