NAVIGATING TOMORROW
Autopilot is a research-driven investment firm focused on the future of technology.
Artificial intelligence is the next technological inflection point.
Humans are paid $32 trillion annually to write software code, review contracts, and perform other types of knowledge work. AI does much of it better, cheaper, and faster than humans.
We believe nearly every industry, from manufacturing to accounting, will be transformed by AI-enabled businesses over the coming decades. Our mission is to partner with the companies who lead the way.
Throughout history, extraordinary founders have built companies around technological inflection points. John D. Rockefeller built Standard Oil into one of the most valuable companies in history and became the paramount figure in the developing oil industry. Jeff Bezos recognized the potential of the Internet early on and left his lucrative job in finance to pioneer e-commerce with Amazon, now a trillion-dollar company. Mark Zuckerberg built Meta (Facebook) during the rapid growth in global connectivity and grew his social media empire to 3.6 billion people - almost half the world's population.
Artificial intelligence (AI) is the next technological inflection point, and we believe the opportunity is bigger than those presented by oil, the internet, or mobile.
In our view, AI fundamentally changes the addressable market for software. While software companies have historically competed for the $1 trillion spent annually on enterprise software budgets, AI addresses the $32 trillion that humans are paid annually to perform knowledge work that is increasingly automatable. AI coding assistants have already more than doubled the productivity of software engineers, while generative models can create graphic designs 1,800 times cheaper and 100 times faster than professional human designers. Meanwhile, the financial services industry is one of the largest economic sectors globally, but even after a decade of intense fintech innovation, over 90% of revenues are still collected by legacy incumbents, opening the door for increased value capture by new entrants leveraging AI.
Beyond software engineering, design, and financial services, many markets that we are the most excited about do not exist yet and, therefore, have no competition, or currently belong to stale incumbents. We believe the next Standard Oil, Amazon, or Facebook will be a company that uses AI to create or transform a large, growing industry. Our mission is to partner with the companies who lead the way.
team
Founder, Managing Partner
Founder, Managing Partner
MEDIA
MEDIA
The podcast discusses the past, present, and future of automation and its impact on our biggest industries. Guests include Sergiy Nesterenko of Quilter, Aaron Slodov from Atomic, and Jordan Domash from Responsiv. Host Will Summerlin is the Founder and Managing Partner at Autopilot.
This podcast is part of the Turpentine podcast network. Learn more: turpentine.co
In this episode of the Autopilot podcast, Surojit Chatterjee, founder of Ema AI, former Chief Product Officer at Coinbase and ex-Google VP, discusses the future of AI employees in enterprise. He explores how Ema’s AI employees can boost productivity for any role and any company by automating mundane tasks. Surojit draws parallels to past technological shifts, emphasizing the current phase shift as an opportunity for startups to overtake incumbents, and shares his vision for a more productive and imaginative future.
🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj
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LINKS:
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X/SOCIAL:
@WillSummerlinAI (Will)
@surojit (Surojit)
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TIMESTAMPS:
(01:13) Intro
(01:24) Journey to building Emma
(03:31) Will Google be enriched or threatened by AI?
(06:01) Ema: The AI Employee
(09:38) Horizontal vs Vertical approach in AI
(13:40) Use cases and value creation with Emq
(16:01) Measuring the productivity boosts
(18:02) Pricing model
(20:15) AI’s impact on the labor force
(25:30) Advice for starting a career
(27:43) Wrap
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