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AI is making companies more efficient, says Fiat Ventures GP

Fiat Ventures General Partner and Fiat Growth Founding Partner Drew Glover joins Ed Ludlow and Caroline Hyde to discuss the impact of AI on the fintech space, and why he thinks AI is a great tool but might not be the right product for all companies. He speaks on “Bloomberg Technology.” ——– Like this video?…

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Fiat Ventures General Partner and Fiat Growth Founding Partner Drew Glover joins Ed Ludlow and Caroline Hyde to discuss the impact of AI on the fintech space, and why he thinks AI is a great tool but might not be the right product for all companies. He speaks on “Bloomberg Technology.”
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6 Comments

6 Comments

  1. Susan Elizabeth

    September 5, 2023 at 7:55 pm

    i am here on the ground. It is getting worse, not better.

  2. Norman Oro

    September 5, 2023 at 8:23 pm

    It’ll be really interesting to see how fintech companies deploy generative AI both to clients that are businesses and to clients who are individual consumers. As far as whether business-to-business or business-to-consumer seems more attractive, with venture dollars hard to come by because money is so expensive and with the resulting focus on generating real returns now (versus only growth), it would seem like fintech companies that focus more on providing backend services to businesses (eg, processing transactions and providing related analytics) are better positioned than their business-to-consumer brethren. First of all, as Drew Glover alluded to, there aren’t the considerable expenditures needed to create a brand in the minds of potential customers. Perhaps even more importantly, I think the competitive advantage of simply being an incumbent (and therefore a known quantity) can be sufficient when it comes to B2B fintech companies because current and potential customers need reliability and stability. Consequently, the cost of switching to another provider (or selecting a relatively unknown one if you’re shopping for a provider) can often be prohibitive regardless of that provider’s price-point because the perceived risk is so great.

  3. BUY_YOUTUBE_VIEWS_77

    September 5, 2023 at 8:55 pm

    Truly impressive! ????

  4. shoopddawhooped

    September 6, 2023 at 3:17 am

    Getting some big C3AI vibes from this one. In This Video : Drew Glover does his best dog impersonation as he proves his lack of knowledge around home loan origination and customer privacy regulations then ponders Shopify’s Stripe integration, after deflecting away from GenAI.

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OpenClaw creator Peter Steinberger takes us back to the transformative moment he let his AI agent loose on the internet, igniting one of the world’s fastest-growing open-source projects. He makes a fascinating (and slightly unnerving) case that agents are a real shift, not just better versions of chatbots, and explores how they might reshape your ability to work, build and create. “The lobster is loose, and it’s not going back into the tank,” he says. (Followed by a brief Q&A with TED Chairman Chris Anderson)

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the fall in stocks linked to OpenAI after a report from the Wall Street Journal said the company failed to meet its own sales and user targets. Plus, a jury has been selected for the trial between OpenAI and Elon Musk over whether the company abandoned its founding mission. And, late-night host Jimmy Kimmel defends comments he made that prompted President Donald Trump to call for him to be fired.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Side by Side: 2015 Steam Controller vs. 2026 Steam Controller

It’s been over 10 years since Valve last came out with a Steam Controller. Here’s how the 2015 Steam Controller and the new 2026 Steam Controller look side by side 🎮 #steam #steamcontroller #valve #gaming #wirelesscontroller

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It’s been over 10 years since Valve last came out with a Steam Controller. Here’s how the 2015 Steam Controller and the new 2026 Steam Controller look side by side 🎮 #steam #steamcontroller #valve #gaming #wirelesscontroller

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