updated 1y ago
š Venture Chronicles - September 2023
- The argument that Ramp is in the best position of any B2B company to capitalize on AI comes in three stages, from general to Ramp-specific:Ā
AI will drive extreme consolidation.
The companies that win will be in the sweet spot between owning workflows and building great products. Ramp is in the sweet spot.Ā
Of all of the workflows to own, finance is t... See morefrom Superhuman
Britt Gage added
Darren LI and added
In 2023, AI must absorb an influx of tourists ā thin GPT wrappers, MBA tweet threads about AI trends, LinkedIn bios changing from #crypto to #AI. Genuine technologists will join the development effort, but filtering out negative human capital is challenging.
Undoubtedly, more builders are needed to apply and productionize the latest technologies,
... See morefrom Is AI the new crypto? by John Luttig
sari and added
- Menlo Ventures released a report on āThe State of Generative AI in the Enterpriseā and found that adoption is trailing the hype. Details below:
Generative AI still represents less than 1% of cloud spend by surveyed enterprises, including just an 8% increase in 2023.
Safety and ROI continue to be prime concerns, and the tangible advantages of being fi... See morefrom Shortwave ā rajhesh.panchanadhan@gmail.com [Gmail alternative]
Nicolay Gerold added
- AI will drive extreme consolidation.
- The companies that win will be in the sweet spot between owning workflows and building great products. Ramp is in the sweet spot.
- Of all of the workflows to own, finance is the most lucrative.
from Ramp and the AI Opportunity
Max Beauroyre added
- AI augmentation is a future requirement, but remain mindful of whatās outsourced. Going forward, we need more demanding journeys than we do mindless shortcuts. Shortcuts rarely yield fun, stories or lessons. If it's easy, it likely isnāt worthwhile.
from The META Trending Trends: 2024 by Matt Klein
Robin Good added
- An over-dependence on artificial intelligence is often just lethargy disguised as efficiency, and the āoutsource everything to AIā crowd ignores the fact that the work is often more valuable than the output.
I have two predictions regarding the broader use of AI as a crutch:
First, folks who are willing to go out of their way to add a human touch to... See morefrom The Purpose of Things Isn't to Stop Doing Things. by Jack Raines
sari added
āthe purpose of things isnāt to stop doing thingsā
sari and added