"In this post, we (a16z) will look at how AI will open new markets previously deemed too “small” to support a large VSaaS company. By increasing LTV (Life Time Value) per customer (through replacing labor with software) and reducing CAC (through leveraging AI-driven sales and marketing tools), we believe AI will open a plethora of new markets. Namely, the long tail of niche industries you were likely not thinking of before this post: chiropractors, dry-cleaning and laundry services, veterinary services, and more."