00:31:17 · Nikhil Kamath, Mati Staniszewski
[00:31:17] S1: What do you do for Meesho? [00:31:18] S0: So we help automate their customer customer experience, customer support. So they have now 60,000 calls coming in to to to ask about the products, ask about shipping, refund, and and hand the... In in English, and and we help... We create a voice agent that you can interact with. But a very cool thing with Meesho is that now, you know... So the support is there. Like, what's the future of ecommerce? Could you have an AI concierge the moment you go into the website that you open a website, you have a voice agent that tells you about the products available, you tell it what you're looking for, then shows you different products, you decide which ones you are interested in, and then you order that. Like, an assistant as part of experience would be would be incredible. So here too, like, I think in ecommerce, going slightly deeper on, like, what type of ecommerce, similar. I think I think companies combining the domain knowledge and and and building quickly the the voice agents will will will be huge. [00:32:16] S1: Actually, you should help us build a agent of our own. Could be fun as a project. [00:32:22] S0: What would be the agent? [00:32:23] S1: Like, we'll feed in all the things we have said up until now and have somebody talk to people who are lonely and just see how the project goes. Just as a fun project. I speak to AI agent all the time. I think the... A big use case in the world tomorrow will be to solve for loneliness, you know, for intimacy.
00:32:23 · Nikhil Kamath, Mati Staniszewski
[00:32:23] S1: Like, we'll feed in all the things we have said up until now and have somebody talk to people who are lonely and just see how the project goes. Just as a fun project. I speak to AI agent all the time. I think the... A big use case in the world tomorrow will be to solve for loneliness, you know, for intimacy. [00:32:46] S0: It's... I... Like, I think voice agent... I agree. I think there will be a big part there. It's going to be a big balance of figuring out how it's, like, not, you know, you you you kind of help with the virtual side, like, kind of try to bring people into the real world too, which is... Which will be at, like, an important balance. Like, the one... The most exciting one for me is education. Like, how will the education... Like could you have a personal tutor across subjects for everyone, like I love Richard Feynman, could I have Richard Feynman teach me physics and, like, kind of both the style of delivery is so cool. Like, he's kind of combining the knowledge and the and the laughter. And then I have it up... I'm I'm learning maths, I'm I'm... I can ask any question to to to Richard. That'll be that'll be amazing. [00:33:35] S1: What's even more interesting is if I have a device in my ear which negates the need for me to have to regurgitate any kind of information. What happens to education? Then I don't need to learn or remember much of what traditional education needs for me to remember.
00:33:35 · Nikhil Kamath, Mati Staniszewski
[00:33:35] S1: What's even more interesting is if I have a device in my ear which negates the need for me to have to regurgitate any kind of information. What happens to education? Then I don't need to learn or remember much of what traditional education needs for me to remember. [00:33:57] S0: Yeah. You're almost like... I don't know how how how you would see this, but, like, the way I think back at at at at kind of my education, like, I kind of... I rarely use any of the formal background semathematics. I almost never use that knowledge. But, like, the the most valuable part was kind of learning how to learn, so I hope there's, like, still that component that education brings and then, of course, the second part of education it's going to be, like, almost the opposite of tech which is how do you learn how to how to be with other people how you, like, be social, so, like, what you have, like, I feel in the future of education, you'll have, like, percentage of the time, which is, like, fully dedicated to learning with AI and tools, and then percentage of the time where there's, like, no tech and technology just like speaking with other people being close to them figuring out that part the percentage of both will be interesting like with AI can I now be more efficient so I just need like 2030% of the on the former and 70% on the latter or or or no versus, yeah, versus like a fully augmented version throughout?
00:33:57 · Mati Staniszewski, Nikhil Kamath
[00:33:57] S0: Yeah. You're almost like... I don't know how how how you would see this, but, like, the way I think back at at at at kind of my education, like, I kind of... I rarely use any of the formal background semathematics. I almost never use that knowledge. But, like, the the most valuable part was kind of learning how to learn, so I hope there's, like, still that component that education brings and then, of course, the second part of education it's going to be, like, almost the opposite of tech which is how do you learn how to how to be with other people how you, like, be social, so, like, what you have, like, I feel in the future of education, you'll have, like, percentage of the time, which is, like, fully dedicated to learning with AI and tools, and then percentage of the time where there's, like, no tech and technology just like speaking with other people being close to them figuring out that part the percentage of both will be interesting like with AI can I now be more efficient so I just need like 2030% of the on the former and 70% on the latter or or or no versus, yeah, versus like a fully augmented version throughout? [00:35:02] S1: As somebody not in the Valley, my day job as an investor, what do you think of you've raised a lot of money yourself I think like $300 $400,000,000 Your company is worth a few billions today. What do you think of AI valuations in the Valley today? These huge companies with a revenue number that doesn't historically warrant the market cap numbers that they have. Do you feel like there's a bubble brewing there?
00:35:02 · Nikhil Kamath, Mati Staniszewski
[00:35:02] S1: As somebody not in the Valley, my day job as an investor, what do you think of you've raised a lot of money yourself I think like $300 $400,000,000 Your company is worth a few billions today. What do you think of AI valuations in the Valley today? These huge companies with a revenue number that doesn't historically warrant the market cap numbers that they have. Do you feel like there's a bubble brewing there? [00:35:39] S0: And did you say you you invest into companies not in Silicon Valley, or you said did you invest in companies in Silicon Valley? [00:35:46] S1: Some in Silicon Valley, but largely companies out of India.
00:35:46 · Nikhil Kamath, Mati Staniszewski
[00:35:46] S1: Some in Silicon Valley, but largely companies out of India. [00:35:50] S0: That's what I thought. And and first of all, I think that's great. I... It's like, similarly, as we think... Like, it's so cool to see more companies. And and India, we care so much about companies brewing, and I'm from Poland and Poland Mhmm. In in in UK, of course. So... And and, like, as you think about our team today, most of the recent engineering is from Europe, and they are, like, some of the most motivated, passionate people about space. Like, hopefully, a lot more of that innovation comes across from from Asia, from Europe, internationally for the global companies. And I think the the valuations in Silicon Valley, you know, like, don't think that the bubble is brewing. I think there's, like... What I think is a very different part as I compare it to to to other cycles, I think there's a clear value, clear revenue numbers for a lot of the the companies. I do... You know, there are some pockets where I'm, like, a little bit skeptic of, like, does it make sense? You know, not to just... Like, to maybe give a concrete example is all the, like, GPU providers that are built on top of NVIDIA that, like, help you get effectively inference capacity. [00:37:05] S1: Mhmm.