Flexport CEO Channels Munger: In AI, Your Competitors Are All Geniuses

a16z · x · 2026-10-13

In an a16z clip, Flexport CEO Ryan Petersen recalls Charlie Munger's advice: "the key to success is dumb competition." Building AI companies is a nightmare because your competitors are literally AI geniuses, he says — better to apply AI in another domain rather than compete with the smartest people on Earth.

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