Thanks Kara. Great input and insights.
Great take from the Team @ Stanford University. They should extend their survey to actual executive decision makers within the corporations as well.
In that way we'll have at least '180 degrees' view on the current playing field (I am not saying '360 degrees' since I am not including external stakeholders, etc.).
In my mind, treating AI as a another 'product' or 'tool' is overlooking the significant impact it will have on people's lives going forward (just personal opinion).
Re: Startups - most startups will continue to do what they always do (taking risks) following the mantra 'build it and they will come', that's why hit rates are gerenerally low and that's why we call it VC ...
I hope that going forward all these constant AI developments will helps us to focus on building up proprietary technology that is 10x better to what we currently have, focus more on hardware rather than software - as Peter Thiel says: "We wanted flying cars, instead we got 140 characters' (eg. the last supersonic Concorde plane built was in 1978 and the average flying time from London to NY was 3.5hrs, today - almost 50 years later - the average flying time from London to NY is 7.5-8hrs).
Some food for thought here ...
Finally, below is a link to the deck from the Team @ Coatue from their annual East Meets West conference in Montecito, CA held last week.
Coatue's 2025 EMW Keynote
Todor
#AI #innovationcommunity
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Todor Kostov
Director
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Original Message:
Sent: 23-06-2025 06:50
From: Kara K.W. Byun
Subject: AI Trends - Mary Meeker's deck
Thank you for flagging this, Todor. It has been a really long time since I've read Mary Meeker's reports but appreciated her contextualising data.
About the report's last section and the future of work with AI:
Stanford (same Stanford HAI referenced in the paper) published survey results very recently (within the past week) that is a good follow-on to the Bond report. 1,500 workers were surveyed to investigate what do workers want from AI automation vs what the tech industry is building. A good "voice of the customer" exercise:
https://futureofwork.saltlab.stanford.edu/
https://medium.com/coding-nexus/stanford-survey-reveals-which-jobs-ai-is-most-likely-to-replace-1c314b8fdd3b
-- There is a disconnect between what is being built vs what workers want. Survey says 41% of YC startups focused on areas workers considered low priority.
-- Workers primarily want to automate low-value, repetitive jobs to free up time for more important work. Sounds like advanced RPA.
-- People want to use AI as a work partner, not as a full automation replacement. Excellent comments from our community (Agentic AI thread) on why this makes sense and why this is the most likely path.
-- Creatives (arts/media professionals) like automation the least. I can see from a quality perspective creatives would intuitively reject AI. The creative space is about pushing extremes while AI drives the mean.
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Kara K.W. Byun
Head of Fintech
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