Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Jesse Zhang

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
968 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So I would say customer service has a bunch of nice properties that I think are very hard to reason through ahead of time, which is why I think I feel so strongly about this process of discovery, just really staying customer centric.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

One of the properties is that the ROI is really easy to justify internally.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

You have these numbers already tracked.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It's like, hey, we have so much

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

conversation volume.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

Right now we have a simple chat bot or a simple IVR phone tree.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It's resolving, so to speak, like 15 to 20% of that.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

If you're able to take that to 50, 60, 70, 80, like that's huge ROI.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And it's very easy to quantify.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It's like, okay, well, I'm going to take the total cost.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

I'm going to chop off 60% of it.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

And that's what I'm saving.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

The other property, which I think is a little underrated, is that it's very easy to go live.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

I think a lot of Gen AI use cases are struggling with that right now, especially at the enterprise level, because there's risk involved.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

People don't want to feel like something could go wrong for them when they release your product.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

Leadership's going to get mad at them.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

It's like, you know, why did you do this?

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

So that is a big deal with Gen AI.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

I think that is one of the reasons why there's been difficult for a lot of use cases to really take off.

Invest Like the Best with Patrick O'Shaughnessy
Jesse Zhang - Building Decagon - [Invest Like the Best, EP.443]

Because at the end of the day, there is always going to be risk because the models are non-deterministic.