We’re thrilled to lead HoneyHive's seed round and partner with Mohak Sharma and Dhruv Singh to improve reliability for multi-agent systems!
Read more about our thesis behind the investment here: https://t.co/ExlZxDSmLp
Services as Software Part 3 is here. And it's not about opportunity, it's about extinction.
Why? Services as Software isn't just a $4.6T opportunity.
It's the end of software as we know it. The $300B enterprise software industry is facing its asteroid moment.
SAP, @Oracle , @salesforce - the foundation these giants built on is crumbling. Not from competition. Not from the cloud. But from something far more fundamental.
For 40 years, we built software backward: Systems of Record (Salesforce) for forms, Systems of Engagement (@SlackHQ) for interfaces, Systems of Intelligence for analytics.
Each layer tried fixing problems of the last. But they all shared one fatal flaw: humans had to translate their work for computers to understand it.
Enter Systems of Agents.
Systems of Agents will begin by automating human workflows, initially coexisting with all existing systems.
The old boundaries between data entry, engagement, and analysis won’t just blur—they’ll become irrelevant. And Systems of Agents will be the new source of truth.
We are at a unique time in history where every layer in the AI stack is improving exponentially, with no signs of a slowdown in sight.
Everyday, there are new models, new frameworks, new architectures, new infrastructure tooling, inference providers, etc. that pop up.
We at @FoundationCap believe there is $4.6T of work to be automated. AI companies are leading a transition from Software-as-a-Service to Service-as-Software, turning the table on the very essence of SaaS.
We look at the areas to be automated in two buckets:
1.) Salaries of jobs globally ($2.3 trillion in sales & marketing, software engineering, security, and HR)
2.) The amount spent on outsourced services and salaries—both IT services and business process services ($2.3 trillion, per Gartner)
In the software business, a company may sell access to its platform or tool, but customers are still responsible for using that tool to achieve the desired outcome.
In the services business, responsibility for achieving the desired outcome sits with the company selling the service.
The most fascinating part the @FoundationCap Unconference was the amount of people that chose the LLMops session. 50% of the attendees (~50 people).
As we changed from a smaller room to a bigger room, I remember someone said “I’ve been doing infrastructure for 20 years - since when do people care?”
Excited to share our perspective @insightpartners on the evolving Generative AI Landscape
@JennaZerker@GaneshBell
The Next Stack: Generative AI from an Investor Perspective https://t.co/LhT1ZrQHsI
100 years ago on this date, South Asian immigrants were banned from becoming US citizens.
Today, 50+ public company CEOs and the US Vice President are of South Asian origin.
We've come a long way and still have a long ways to go.
We are thrilled to launch 2-Year Analyst Program @2048vc 🔥 🚀 🤖
This is an incredible opportunity for an exceptional individual to learn early stage venture.
Part of the program you will be working with my amazing partner @naykhera & the rest of the 2048 Ventures team.
👇🧵