Excerpt from a Precursor Ventures YouTube video discussing executive pressure to adopt AI. The speaker observes that CEOs feel compelled by boards and investors (including private equity and growth equity) to spend on AI, but cautions that spending does not equal measurable results; anecdotal reference to Robert Smith urging Vista portfolio CEOs to integrate AI.
Shouldn't it show up in savings somewhere? It didn't feel like it had really moved the needle and I was like well maybe it will just take time to peter out and filter through the financials or maybe it's not really what's happening and it sounds like you know it's not what's happening and the two things I've believed strongly since all of this AI stuff really got momentum CEO wants to go to their board and say we're not doing everything we can I went to a dinner in LA and Robert Smith rattled off just a ton of statistics about how hard he's pushing all of the Vista CEOs to integrate AI into into their organizations and I have to assume every private equity and every growth equity venture firm is pounding the table about AI. So CEOs got the memo which means you have to spend money but spending money and getting results are actually not the same thing and I weirdly think this is the best thing that can happen to AI is.
