Gross scales himself with AI

Bill Gross launched Idealab in nineteen ninety-six as a pioneering tech incubator that produced more than one hundred seventy-five companies.Now he is launching Idealab.

One point two million ideas generated

The platform lets users search more than one point two million business ideas created by a system that analyzed more than seventeen million sources.

The ambitious goal

Gross aims to help fledgling entrepreneurs create a million new businesses and one hundred million new jobs by giving everyone free tools to test their ideas and build them into businesses.

Gross on AI's potential

With Idealab, Gross could do ten companies at once. With AI, he says he could do ten thousand at once. He calls this the ultimate use of AI to solve actual world problems.

“With Idealab, I could do 10 companies at once; now, I could do 10,000 at once.”

Cloudflare commits support

Matthew Prince of Cloudflare has committed one hundred thousand dollars in credits to each startup using the platform. Prince sees it as a way to unlock more entrepreneurship and solve important problems.

Building an ecosystem

Gross is developing a periodic table of business functions required to operate a company to guide users through steps.

Filtering for impact investors

Gross is planning to approach other companies for similar support. JUST Capital's Martin Whittaker has already asked for a filter to identify disadvantaged cities, since impact investors often want to focus on supporting startups in…

Removing harmful ideas

Gross removed about one hundred thousand ideas that could be deployed to do harm. Users can type in their LinkedIn profiles or skills into Idealab.ai to get ideas that align with their talents and passion.

Filtering by startup costs

The platform shows startup costs and lets users filter by budget. If you want an idea that costs fifty thousand dollars to start, the platform shows you around thirty-two thousand options.

Patent search by institution

One feature lets users search patents filtered by academic institutions or companies. Type in Caltech and nine thousand nine hundred seventy-eight patents come up. Type in three M and there are about twenty-one thousand patents.

AI quality made it possible

Six months ago this would not have worked, Gross said. The quality of Fable and GPT-six was the essential ingredient to make this good enough to invent new ideas. Before that, gibberish would come out.

“Six months ago, this wouldn't have worked. The quality of Fable and GPT-6 was the essential ingredient to make this good enough to invent new ideas.”