AI Makes Starting a Business Easier But Fails to Spur High Quality Startups

The US Census Bureau said July 9 that it received 531,423 business applications in June on a seasonally adjusted basis, capping what was for the first half of the year the highest sustained rate of such applications in the 22-year history of the series. The surge is being interpreted as the first real evidence of an AI-driven entrepreneurial boom. Not necessarily. Artificial intelligence has made the mechanics of starting a business nearly free, and the mechanics were never the barrier that matt