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Willem Ave

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

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And I think for the first time, these kind of agentic systems give sellers a natural language way to answer questions about their business, like kind of letting their curiosity run free.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And I think that's super unique in kind of a set of technologies.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So you're talking about like, hey, the interface isn't so different.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

I would argue that the interface is completely different now for two reasons.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

One, almost every interface in, let's say, maybe Web 2.0 world was synchronous.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

You had to sit there and you had to push a button to get an action.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Now for the first time, you can have asynchronous things, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

It can do something on your behalf and it'll check with you for approvals and making sure that I can go do that.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

But I think that combined with the fact that it's a more natural, both voice and text, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Soon we're going to, you know, voice is really good.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And, you know, honestly, I know Siri had some struggles, but like, you know, voice is getting like really, really good as an agentic interface.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

When you combine both of those and you combine just that these sellers are busy, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

And now they can meaningfully know how their business is working and make better decisions.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

What I think happens is that we see better business outcomes for these small businesses.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

So there's kind of two things that we're thinking about.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

One is sellers intuitively know their business far better than we do, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Like just honestly, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

They wake up, they're in it every single day.

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

They know the things that are keeping them up at night, right?

Decoder with Nilay Patel
Square's product chief on the death of the penny and the future of money

Should I stay open an extra 30 minutes?