Precursor Ventures cautions companies to proactively invest in AI exploration as a form of "meteorite insurance": low-probability but high-impact AI disruptions could upend businesses. The speaker argues that modest recurring experimental budgets ("a few million dollars a year" for a SaaS company) can reveal how "disruptible" operations are and are justified relative to company scale.
I think also, if you just think about it, how much would you pay for meteorite insurance if you were a dinosaur? It's actually a low probability event that you're going to get hit by a meteor if you're a dinosaur. But if that meteor happens to hit Earth, boy, would you wish you had, like, a plan. Sure. And I think about, like, the amount of money these companies are spending relative to the scale of their business. It's actually not that much money. So if I were running a SaaS company, and if you told me for a few million dollars a year of spend, you can get some sense of how disruptible your business is by AI, whatever your internal processes, you could make more efficient, it is okay to have this experimental recurring revenue or this exploratory budget. Like, that's exactly what you should be doing.
