Unbounded Task TAMs “ In some end markets, the size of the task TAM is unbounded, meaning that a substantial increase in low-cost human hour equivalents would drive a corresponding increase in business value. For example, software development has an unbounded task TAM. There is value to a business in creating a lot more software, assuming it is useful software. Another example of an unbounded domain is design. There is value to a business in having a wider funnel of new ideas to test and iterate upon. This isn’t true for every end market of course . Increasing the number of tasks in the financial close process would likely not create much business value. But, the point is that the AI opportunity is likely a lot larger for software than is currently being contemplated. ” - Buck On Software - “Winds Of Change” (06/20/2024)
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