Topic

AI Strategy

How companies are building with and investing in AI.

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Artificial Intelligence

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Startups

Head to atlascian.com/startup/twist to see if you qualify for 50 free seats for twelve months. Vappy, add real time AI powered voice conversations to your apps or business in minutes, not months. Go to vappy.ai/twist and get a thousand minutes free...

1:27 / 2:34
from transcript1:272:34

or Speedrun or Entrepreneur First offer a perfect opportunity for that. Mercury, for instance, works with 50% of every single YC batch and then grows with those companies over time. Every single new startup still needs a CRM. Every single new...

17:13 / 18:35
from transcript17:1318:35

And so it's really just an evolution of the way the software is built, executed, and operated. So, yeah. But, you know, and the other thing we've said on the show is if you're not building an AI startup, why the hell not? Which is another another...

20:33 / 22:10
from transcript20:3322:10

And I think that that's really the key thing that I focus on. Everyone always talks about, oh, you can have a whole startup for two people and raise $2,000,000 and get to profitability. It's so different. VCs are dead. I don't think that's true. I...

6:49 / 7:53
from transcript6:497:53

So imagine you are trying to automate, a specific type of knowledge work, and what you want is the reasoning trace, all of the inputs and the output decision. Like, that sounds like a very useful set of data. And the incumbent companies in any given...

21:51 / 23:07
from transcript21:5123:07

That's why AWS is the perfect partner for start ups and why they're proud to sponsor this week's episode of 20 VC. The AWS start ups team comprises former founders and CTOs, venture capitalists, angel investors, and mentors ready to help you prove...

1:20:56 / 1:22:02
from transcript1:20:561:22:02

optimizing models themselves. I think it's a different story because this is really hard to do for the incumbents. And so I think the new startups have like an opportunity there to do things 10 times, 50 times, 100 times better than the incumbents....

23:56 / 25:02
from transcript23:5625:02

But the third one is the most interesting piece of feedback she got, which is you're building something for somebody who doesn't currently use the product or doesn't use a product. And that's very interesting. That means there's a new market that...

0:00 / 1:02
from transcript0:001:02

So that's one of the areas that is actually happening. It's happening in the large enterprises. It's when you're talking about like 100,000 plus people organizations, they always do a pilot in a small group, blah blah blah. And and that's,...

6:05 / 7:11
from transcript6:057:11

And then maybe just to follow on, where do you think AI is in the enterprise adoption cycle? So I I think to the founders in the room, I think, you know, when you're thinking about building a company based on generative AI, I think you have...

7:27 / 8:36
from transcript7:278:36

designer's job could be automated by AI six months or nine months ago. You couldn't have told me that an architect's job could be automated by AI. A lawyer's job could be automated by AI. Turns out, increasingly in every vertical, these capabilities...

16:29 / 18:11
from transcript16:2918:11

And my thinking more and more is incumbents who are fast moving, like Microsoft, who are incorporating, you know, it into PowerPoint, like Adobe, who are incorporating into all of their suite of products. They will take 90% of the gains, actually,...

23:15 / 24:21
from transcript23:1524:21

because it's just unlikely that the big companies are going to spend the time doing that. And I think we're all living in a state of the world where, like, if something is not functional for me, I am so frustrated so quickly, which is pretty funny...

12:58 / 15:15
from transcript12:5815:15

Earlier in our conversation, you mentioned that you envisioned that AI will basically be this reimagination of business. Yeah. That all business tell me if I'm getting this right. All businesses will be reinvented as an AI company. Yeah. What...

50:57 / 52:06
from transcript50:5752:06

But everyone else, they're gonna get pretty far on their own if you just give them the space and just tell them to go do the thing. A lot of times, you just have to tell people, like, hey. You can do something about this. I've talked mainly about...

43:30 / 44:37
from transcript43:3044:37

Shopify is also packed with helpful AI tools that write product descriptions, page headlines, and even enhances your product photography. Start your business today with the industry's best business partner, Shopify, and start hearing sign up for...

19:29 / 20:37
from transcript19:2920:37

AI companies to pursue AI driven science. I think just today, DeepMind announced a partnership with the UK government to collaborate on areas of scientific discovery. So I think, you know, there's startups that are working on lab automation, there's...

14:15 / 15:20
from transcript14:1515:20

The AWS startups team comprises former founders and CTOs, venture capitalists, angel investors, and mentors ready to help you prove what's possible. Since 2013, AWS has supported over 280,000 startups across the globe and provided $7,000,000,000 in...

1:23:55 / 1:24:56
from transcript1:23:551:24:56

If you're a founder, the hardest part of starting a company isn't having the idea. It's scaling the business without getting buried in back office work. That's where Brex comes in. Brex is the intelligent finance platform for founders. With Brex,...

44:58 / 46:00
from transcript44:5846:00

If you're good at being a fast follower, that's also very powerful. It's a different way of running the company when you have a lot of, like, feedback signals in the market around you, but it's much more fun. And I think it helps you get to the...

18:00 / 19:03
from transcript18:0019:03

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