Will AI Replace you, or Supercharge you? w/ Kobie Fuller (GP @ Upfront Ventures)

We're wired to community build and do it in a way where it's not all about like, oh, how can we just make a billion dollars? It is the most exciting period of time in my investing career because the things that we're seeing, it feels like science fiction.

All those things you read about in books growing up as a kid from like, robotics, self-driving cars, AI that can act as a personal companion like her.

These things are just crazy.

We're investors in all sorts of stuff I can't even actually still understand stealth.

And then on the enterprise software side of things, being able to leverage the technology to solve problems in ways that never before were even possible.

So a total disruption in terms of how you even think about enterprise software.

And so where I'm super excited about is spending less time at the foundational layer in terms of the technology that's being brought out, but more the application layer and specifically the knowledge that could be put on top of the models that are coming out of Anthropic and OpenAI.

People historically, at least the first couple years or year when you started seeing ChatGPT hit the market, there was this notion around like, oh, that's just a wrapper.

That's just a wrapper.

I don't want to mess with a wrapper.

People are now realizing, oh, wait a minute.

Like, a wrapper, like, that's probably, like, wrappers are okay.

Like, you think about the building blocks of modern software and technology.

Like, it's built on top of some other underlying technology with Amazon S3 or whatever sort of underlying sort of database architecture.

this all sort of way in which this is all woven together.

And so the things that for me are really exciting is that you can leverage these underlying LLMs that have a level of reasoning and knowledge that if you were to pair with some proprietary knowledge, curated knowledge, An example of which, I'm an investor in a company called 1UP that's focusing on sales knowledge to help automate a wedge problem they're solving is the completion of RFPs.

So during a process when you're trying to go through a sales motion, usually RFPs takes two weeks to complete out.

These things will take like... seconds because it taps into a proprietary knowledge base that you would have within your organization around your specific product.

And then there's a transformation of that leveraging an LLM to then complete an RFP.

That's something that's quite powerful.

These are ways in which this knowledge layer on top of standard LLMs can transform industries in a manner we've never seen before possible.

So I'm looking to invest in as many permutations of knowledge systems as possible because for me, it's the next wave of of enterprise software and applications that are leveraging AI.