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Everybody has known that for awhile, even without perusing a prospectus. So even before you get to productdevelopment (20% of revenue) or G&A (14% in 2019), you’re already looking at a narrower potential margin than you might expect from a marketplace or transaction platform.
Research & Development (R&D): AI is accelerating productdevelopment, from AI-assisted coding and automated QA testing to dynamic UI/UX design and model training enhancements. Youve probably heard CEOs talking about how AI is reshaping the workforcesometimes in ways that sound straight out of a sci-fi script.
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