AI facilitates the era of solo entrepreneurs: one person can support a company with an annual revenue of US$1 million

IT House reported on August 4 that the Wall Street Journal published a blog post on July 29, reporting that in the era of AI, it is no longer a fantasy for one person to support an entire company with an annual income of more than US$1 million, and the market is ushering in the "era of lone entrepreneurs." The report cited estimates from payment service provider Stripe that in 2023, about 4 million Americans will be self-employed as their main source of income, with annual sales of more than $100,000, nearly double the number of people who met the same qualifications (about 2 million) in the early 2010s. The report also pointed out that the number of one-person businesses with annual sales of more than $1 million will be approximately twice that of 2023 in 2025; while the number of self-employed individuals with annual sales of more than $5 million and $10 million will be approximately three times that of 2023. If the 2019 value is set to "1", from 2023 to 2025, the proportion index of companies with annual sales of more than 5 million US dollars will rise from about 2.5 to about 5.3; the proportion index of companies with annual sales of more than 10 million US dollars will rise from about 2.5 to about 4.8. In the picture of the driving force behind it, the report believes that there is a clear connection with artificial intelligence (AI). Stripe also compared industry AI usage rates with new business application growth rates, showing that industries with higher AI use rates generally have faster growth in new business application numbers. However, there are exceptions among industries: the manufacturing industry has a higher use of artificial intelligence, but the number of applications has increased less than expected; the transportation and warehousing industry has seen a higher-than-expected increase in applications.