Product Market Fit (PMF) is the idea that a given product serves an identifiable (and profitable) market. This market is defined by a window of consumer expectations and needs, and it varies over time as these increase and as external events - such as the introduction of new technology - change them. PMF collapse happens when this change is sudden and complete; the market moves in such a way that PMF is lost and unrecoverage. Arguably, AI has truggered PMF collapse in a number of cases, for example, which is seeing the value of its homework tutor service reduced to zero as AI takes over; or Stack Overflow, which is in decline for similar reasons (and also, Google basically dropping them in favour of Reddit didn't help). What will change in the future? This article hazards some guesses (auto-creation, custom products, task automation) but I don't think it will be so clear-cut. Anyhow, good article. Via Mark Oehlert.
Today: Total: [Direct link] [Share]
