Go Summarize

Embedded AI: The Questions Every CEO is Asking

a16z2023-06-02
7K views|11 months ago
💫 Short Summary

In 2022, AI saw significant growth, with companies like Cresta using it to improve contact center attrition rates. AI can automate processes, analyze customer conversations for insights, and help companies understand customer needs. Transparency in AI models is crucial for building trust. Sourcegraph's Cody tool fetches context broadly for AI-enabled coding. Open-source tools offer advantages in obtaining relevant information. User interface design is key for guiding users through AI processes. Differentiation through data advantage and personalized experiences is vital. Long-term generative AI and large language models are changing product development. The integration of language models into search engines enhances capabilities. Companies are focusing on building trust with customers and exploring touchless contact center concepts. Automation in contact centers allows agents to focus on relationship-building and strategic roles. Integrating technology like AI can make customer interactions more engaging.

✨ Highlights
📊 Transcript
AI had a breakout year in 2022, with Chachi BT being the fastest growing app ever.
01:25
CEOs are focusing on integrating AI and considering factors like data privacy and competition.
Cresta is working to improve contact center attrition rates through AI, transforming a historically low NPS job into one of mastery and creativity.
AI is seen as either lazy or transformative, with Cresta opting for the latter approach.
Contact centers face challenges like low wages, high stress, and turnover, but AI is not seen as a replacement for human agents at Cresta.
Leveraging AI in Business Transformation
03:27
AI can automate processes or be used creatively to unlock new capabilities and reimagine businesses.
Analyzing customer conversations with AI can provide insights to improve products, enhance market positioning, and outperform competitors.
AI can aid in understanding customer perceptions, optimizing pricing and packaging strategies, and accelerating product development through customer feedback.
By utilizing advanced deep learning and language models, AI can summarize and synthesize large amounts of data effectively.
Importance of AI in analyzing unstructured data for businesses.
05:27
AI enables companies to gain insights from conversations and data to understand customer needs and preferences.
Utilizing AI leads to targeted marketing strategies and improved customer service.
Intel's shift from a memory business to a microprocessor company highlights the significance of adapting to evolving customer demands.
Data-driven decision making led to successful product company strategy decisions that saved the company.
07:35
AI tools like Hex Magic provide users with AI features within the Hex UI, enabling code generation, refactoring, and documentation.
Companies face challenges in rolling out new AI features, such as contextual understanding issues like repetitive chatbot loops.
Virtual agents may lack the ability to address queries effectively.
This may lead to unexpected responses like calling users 'beautiful soul'.
Importance of transparency in AI models for trust and brand reputation.
10:42
Discussion on accent masking technology and risks of lack of transparency.
Emphasis on disclosing information and using the right data for model improvement.
Introduction of Sourcegraph, a code search and navigation tool for development teams.
Details on Sourcegraph's editor extension Cody for enhancing source code understanding.
Sourcegraph's chat-based interface enables searching and context in code, with autocomplete capabilities.
13:17
The platform emphasizes providing comprehensive context for language models to prevent the generation of incorrect information.
Context plays a crucial role in determining the quality of output from a language model.
Large language models like GPT-3, trained on public datasets, may not be as effective in private code environments.
Sourcegraph stands out from competitors by prioritizing code search as a key feature, underscoring the significance of context in optimizing model output.
Sourcecraft addresses the issue of imprecise memory in models by filling in missing knowledge gaps.
15:16
Model's memory tends to hallucinate when asked about unfamiliar topics, but Sourcecraft provides more precise answers.
Cody is an AI-enabled coding tool that fetches context broadly to provide relevant code snippets and documentation.
Unlike other tools like GitHub Co-pilot and Ghostwriter, Cody queries Sourcegraph to offer concrete references to user queries.
Sourcegraph's Copilot tool offers autocomplete suggestions based on recent files opened in the editor, with a goal of providing more relevant context like a human would when writing code.
17:31
The code graph technology by Sourcegraph enables accurate code analysis in any programming language, offering automatic assistance in code synthesis.
The Cody language model fetches contexts and utilizes code snippets to generate answers, resulting in improved and introspectable results for users.
Sourcegraph sets itself apart by being open-source, prioritizing the development of tools openly for the benefit of users.
Benefits of open-source tools for developers.
20:13
Importance of a pluggable ecosystem and access to various sources of context for developers.
Advantages of open-source models in obtaining more relevant information and better answers.
Value of proprietary data sets in training models for more advanced models.
Potential for differentiation through data access and training models for complex tasks like language modeling.
Interacting with Enterprise software and systems of record to collect and analyze data for training large Foundation models.
21:55
Training models for tasks beyond traditional web pages using collected data.
Augmenting data professionals with tools that involve human input and guidance instead of creating a Black Box AI system.
Designing a user interface to guide users through AI processes, increasing completion rates and user engagement.
Designing user interfaces for AI models to ensure they are helpful and not hindering workflow.
24:42
Emphasizing the importance of providing feedback to users on what's happening and why.
Highlighting the need to carefully consider the amount of context passed to AI models to prevent confusion.
Mentioning techniques such as applying embeddings and working with chains through link chains to improve context passing.
Describing incorporating AI into products as complex and requiring thoughtful iteration and consideration of various factors.
Importance of Differentiation in Product Development.
27:12
Challenges of creating a unique offering in a competitive market are discussed.
Value of data advantage and personalized user experiences is emphasized.
Simply replicating UI elements is not enough to establish a competitive advantage.
Team collaboration is highlighted as crucial in building thoughtful user interfaces, and the complexity of combining various elements for a superior product is emphasized.
Importance of Performance in Product Experience
28:54
Long-term generative AI and large language models are crucial in changing fundamental assumptions.
Companies that adopt these advancements early may have a competitive edge.
Privacy and security concerns emerge as companies collect more data and build data moats.
Competing companies are using similar models, emphasizing the importance of security and privacy for Enterprise customers.
Advancements in open source technology with a focus on the language model Cogen by Salesforce.
31:24
The team at Salesforce is integrating various language models into the overall architecture for customer customization.
Working with multiple model providers to offer flexibility and stay current with market innovations.
Current options include models like Claude and Chachi BT, with plans for integrating more models in the future.
The goal is to provide users with the ability to choose the language model that best fits their needs.
Use of vectors for semantic level code search and development of open source model with fine-tuned embeddings.
34:01
Different models' costs, security postures, and efficacy are explored, providing transparent pros and cons to customers.
Emphasis on innovation, avoiding ties to one provider, and combining language models with context for valuable results.
Mention of the impact of language models like Chachi PT and importance of integrating AI deeper into Source graph for enhanced code understanding.
Integration of language models with search engines like Bing enhances search capabilities.
36:44
Despite advancements in language models, search engines are still essential for finding relevant information.
Cost and business models for language models are still being explored, considering data maintenance expenses and platform risks.
Companies are recognizing the value of retaining and collecting data for longer periods, leading to privacy and security challenges.
Deleting data poses risks of losing valuable knowledge, highlighting complexities in managing data retention policies.
Future of Contact Centers in 2028
39:11
Companies are recognizing the importance of data and intellectual property in building trust with customers.
Exciting opportunities exist in utilizing customer data in a responsible manner.
Contact centers in the future will focus on a touchless concept, with employees engaging with customers without being tied to computers.
The emphasis will be on human interaction and relationship-building, with backend systems handling technical aspects for a dynamic and customer-centric approach to customer service.
Benefits of automated data entry and form filling in contact centers.
41:11
Agents can focus on building relationships and resolving customer issues rather than mundane tasks.
Contact centers are moving towards a proactive approach with the help of technology.
Human agents play a crucial role in critical decision-making and building trust with customers.
Automation of repetitive tasks allows agents to be more strategic and proactive in their interactions.
Importance of building relationships with customers through technology.
43:07
Technology allows for scalable, human interactions with customers.
Integration of AI can enhance customer interactions and lead to positive outcomes.
Companies face challenges in staying ahead with AI evolution, focusing on personalization, design, cost, and privacy.
Hex, Sourcegraph, and Cresta provide insights and resources for navigating the AI landscape.