[solatic]

Agree that AI is a force multiplier in small-cap and a better search at best in large-cap due to internal bureaucracy.

The bigger question (that remains to be seen and played out) is whether AI will be a forcing function towards small-cap. If smaller companies can build the same products as larger companies with fewer people then they can compete on price and win, hollowing out the revenue base of large-cap companies and leading to their downfall due to the dwindling workforce not having the culture to adapt. Of course reality is more complicated (moats, larger companies making too-good-to-be-true offers to acquire smaller competitors to prevent the emergence of genuine competition, boys-club who-you-know-not-what-you-know corruption via lawfare ...) so, yeah, remains to be seen.