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AI Summary
- Sam Altman identifies 'the great wave'—major technological shifts enabling new possibilities—as the most important concept for generating startup ideas
- Historical examples include the internet wave (late 90s-2000s) and smartphone wave (2009-2011); startups capitalize on these waves because they move fast enough to win before incumbents
- Founders should identify the next major tectonic shift coming in the next few years and build something enabled by that shift; in 2017 he predicted machine learning applied to every vertical