Gautam Mukunda

The U.S. Census Bureau reported receiving 531,423 business applications in June on a seasonally adjusted basis. This figure concludes the first half of the year, marking the highest sustained rate of applications recorded over a 22-year period. While AI possesses the capability to facilitate the creation of start-ups, Gautam Mukunda argues that the technology is currently unable to produce high-quality ventures, despite the significant increase in overall business filings reported by the government.