AI Initiative
topic on 3 shows · 6 statements across 6 episodes
the Official SaaStr Podcast 
Big Technology 
20VC
6 statements about AI Initiative, every show
O'Driscoll: Microsoft's revenue growth is flat without its AI initiatives
“Without the AI initiative, Microsoft is flat revenue.”
Lemkin: Big Tech Companies Struggle to Sustain Small AI Initiatives
“One thing that hasn't changed is in the age of AI is big companies only have so many priorities. They can introduce a lot of little, little tests, but at the end of the day, it takes a lot of energy in a big company to Keep a big initiative going because there…”
Kelleher: MIT study found 95% of AI initiatives lack tangible ROI
“We have, there was a very famous study came out of MIT a couple months ago that said, 95% of AI initiatives have yet to demonstrate a tangible ROI.”
Persson: Enterprise AI progress fails without an explicit CEO mandate
“I also advise some companies Sit on board of companies, and there are some companies where the leadership, the mandate doesn't come from a leadership level, and nothing is happening in those organizations. The CEO really need to say this is one of our top prio…”
O'Driscoll: Meta has a tenuous link between core ads and LLMs
“They have a very tenuous link between their core business and their AI initiative. They talk about how AI is optimizing their core business, but even I think from the discussions they said, that's much more old school AI than any of the LLM stuff.”
Tennant: Enterprises spend $5M-$10M annually on non-experimental AI initiatives
“Like, you've got a couple of these big, big brands and companies that are doing AI in the right way that's actually impacting their top line or bottom line already that isn't experimental, right, and they're willing to spend, some of those accounts are willing…”