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Can’t think of good startup ideas!

Want to build a AI startup. Finding it impossible as 1) Incumbents with distribution and data will easily build AI to their products 2) I don’t have PhD to build something truly innovative. 3) For consumer space, I don’t think it’s possible to build a new device or a OS etc (Incumbents again!) I seriously wonder how startup founders start something! Do they just BS VCs about nice ideas and raise money? Any tips *from actual founders* will be useful

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