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Explain the joke

The joke is about how many startups use “AI-powered” as a complete pitch instead of explaining the actual problem, customer, product, moat, or business model.The phrase is treated like a magic keyword that is supposed to make the startup instantly interesting.

Related memes

More pain in the same neighborhood

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A three-panel Dilbert-style office comic where a manager says “I think we should build an AI,” while the engineer worries he does not understand what that means. The manager then asks what color the AI should be and says mauve seems the most intelligent.
The entire pitch | SaaS meme | MySaaS LOL