As generative AI continues to reshape our information systems, a pivotal question arises: will it expand opportunities for entrepreneurs or merely reinforce the dominance of existing incumbents? This dilemma is not just about technology; its about how we choose to harness its potential. Entrepreneurs, especially those from underrepresented backgrounds, have a unique chance to leverage AI tools that were once out of reach, but without careful policy intervention, the benefits may skew heavily towards established players.