Elad Gil on which AI markets have winners -- and which are still wide open

Solo VC investor extraordinaire Elad Gil said on stage at TechCrunch Disrupt that AI has been one of the least predictable tech booms he’s ever seen.

Gil is on the cap table of virtually every hit company of the past decade, including many of today’s leading AI companies.

Still, he thinks that over the last year, certain AI markets appear to be nearly sewn up by market leaders. Beyond these areas, a vast swath of AI remains anyone’s game.

“I started investing in generative AI in 2021 … at the time, not very many people were paying that much attention to it,” Gil said. But he had seen the massive leap in capability between GPT 2, launched in 2019 , and GPT 3, launched in 2021 . “The step between 2 and 3 was so large that if you just extrapolated out the scaling laws, or the curve,