
Venktesh Shukla, Founder and Managing Partner at Monta Vista Capital, discusses why he wants to see Human-in-the-Loop Generative AI startups. We’re hearing this a lot right now.
>>>Sramana Mitra: And what are you seeing on the BPO side? BPO is the lowest hanging fruit for AI to automate. This discussion that we just had applies very well to BPO, right? You can automate a very large part of what is being done in a human BPO mode. A lot of that can be AI enabled, but it can still continue to be in this do-it-for-me (DIFM) mode.
So are you seeing whole BPO workflows turning to AI companies?
>>>Sramana Mitra: That’s yet another nuance on it. That is basically developing, having AI platforms, AI technology tools, and then developing solutions for people. So that’s more of a traditional solution services companies that are now AI enabled solution services.
>>>Sramana Mitra: Okay. The reason I’m asking this question Gaurav is, so as you know, AI is easier to control in a more constrained mode. The more degrees of freedom you give it, the more it is difficult to control all the issues like hallucination and precision. AI has a tendency to make things up and go a little bit haywire. I’m very curious about what is going to happen when this is actually operating in real world scenarios and how are they constraining?
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Gaurav Chaturvedi, Partner at Kae Capital, discusses the trends he is seeing in the Indian startup ecosystem.
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Yash Hemaraj is General Partner at BGV, and Founding Partner at Arka Venture Labs. This is a very interesting discussion that goes into the nuances of high velocity Positioning and Go To Market strategies.
>>>Sramana Mitra: Let me synthesize this point for our audience. In startups that are going the open source route, including non-AI startups, what is great is that developers with insights put something out there in the open source realm and start getting usage. Then, by the time they go out for investment, often there’s a lot of history of usage that has built up and some of that has started to monetize. There’s a little bit of a monetization model that is starting to emerge. Even if it hadn’t emerged yet, if there is substantial usage and value creation, there is a tried-and-true path of monetizing commercial open source in a freemium mode, where basically people start with free and then become premium.
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Jishnu Bhattacharjee, Managing Partner at Nexus Venture Partners, has been investing in AI startups for over a decade. This is an excellent and insightful discussion about his AI investment thesis.
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