Matt Fitzpatrick
CEO, Invisible Technologies. On 1 show, 1 appearance. The Shows tab opens the full record on each.
executiveoperatorLinkedIn ↗invisible.co ↗
Matt Fitzpatrick leads Invisible Technologies, a platform providing human-in-the-loop data training and operations infrastructure to major AI model developers and enterprises. Prior to this role, he was a Senior Partner at McKinsey & Company and Global Head of QuantumBlack Labs, overseeing AI software development and research initiatives.
1shows
1appearances
41statements
11resolved
3supported
3contradicted
27%fully supported
10said about them ↓ Everything Matt Fitzpatrick said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Fitzpatrick: Belief that synthetic data replaces human feedback is wrong
“Look, I think the biggest one is just the view that synthetic data will take over, and you just will not need human feedback.”
Fitzpatrick: External AI builds are twice as effective as internal builds
“You've seen Gartner saying 40% of enterprise projects will likely be canceled by 2027, and I think the reason for that is externally driven builds are two X as effective as internal team builds.”
Fitzpatrick: Enterprise AI deployment will take a decade, not two years
“I think that whole process is in the first inning in the enterprise. I think it's going to take a decade, not two years.”
Fitzpatrick: Out-of-the-box AI agents achieve only 33% accuracy on multi-turn workflows
“Salesforce AI research released this report that if you take if you test a lot of the out of the box agents on single-term and multi-term workflows, they're about 58% accurate on single-term and 33% accurate on multi-term workflows, which means they don't real…”
Fitzpatrick: Software industry will shift from standardized SaaS to hyper-personalized AI
“That is my view on where, where this whole industry goes, is you move from SaaS, out-of-the-box SaaS, to much more hyper-personalization using the specific data of an individual customer”
Fitzpatrick: Enterprise AI requiring workflow adaptation demands forward-deployed engineers
“If you're building something where the hardest part is getting adoption and workflow embedding, and you need to actually change the way a company works, then yes, forward deployed engineers are the only way to do it.”
Fitzpatrick: Human feedback in AI training will remain essential for 10 years
“For a multi-stage reasoning test that requires a PhD in multi-different languages, and, like, human feedback is going to be important in that for the next decade.”
Fitzpatrick: Enterprise AI adoption requires 99% precision, not benchmark generalizability
“I think an enterprise uptake depends on trust and precision on specific tasks at 99% accuracy, not generalizability.”
Fitzpatrick: AWS report shows 70% of AI agents are traditional automation scripts
“There was actually a report AWS came out with today, it's interesting, that like, 70% of agents are actually not even, ah, AI agents, as you think of it. Like, most of the agent, agentic processes today are actually traditional script writing and just traditio…”
Fitzpatrick: MIT report shows only 5% of Gen AI deployments work
“MIT just released this report that five percent of Gen AI deployments are working in any form.”
Fitzpatrick: Business strategy is an overrated concept in AI
“In the AI world, at least, strategy is a somewhat overrated concept, and what I mean by that is...”
Fitzpatrick: E-commerce retailer scrapped $25M custom AI agent after failures
“I was talking to an e-commerce retailer that had built an agent to handle their returns process. And they spent twenty-five million bucks building this agent. And at the end of it... What ended up happening was a couple months later they shut it down and moved…”
Fitzpatrick: Leaders do not need technical background to evaluate AI tools
“One misconception is that that, that leader has to be highly technical to make that decision, and I would actually argue they don't at all.”
Fitzpatrick: Gen AI projects should be led by business, not tech function
“Figure out the list of three to four things that move the needle for your business. Focus on those three to four. Don't spend money on a thousand science projects. Take your best four operational leaders and put them on those four things. Don't locate it in th…”
Fitzpatrick: Out-of-the-box enterprise software has always been a lie
“I think you could kind of argue that out of the box software has always been a lie to some degree. Ah, it's a weird thing to say, but they always had a ton of configuration and they just dressed it up to some degree.”
Fitzpatrick: Recent college graduates are the highest adopters of AI tools
“I actually find a lot of the people coming out of college right now are some of the highest adopters of this and the most useful for these kind of tools, and so we're hiring more and more people of that profile, not less.”
Fitzpatrick: Palantir uniquely foresaw the necessity of forward-deployed engineering
“I think I call out Palantir because I think they realized 10 years before the rest of the kind of tech market that forward-deployed engineering and customization would be important, and I think that was a very countercultural leap at the time. You know, I, cau…”
Fitzpatrick: AI data labeling figures are actual revenue, not GMV
“I think it is revenue. I think that your, the rate you get on every project is different. The margin you make on every project is different. So I do think it is revenue”
Fitzpatrick: RLHF is the only way to accurately fine-tune context-specific AI
“And so the only way to actually do the fine-tuning process consistently And to get it accurate for any specific context is RLHF.”
Invisible Technologies raised $130M and will forgo profitability to invest
“We've now, we initially announced a hundred, actually right now raised a hundred and thirty million, and so I'm investing very heavily in technology, so we will not be profitable this year, no.”
Fitzpatrick: Robotics will take longer and require task-specific rather than broad-based systems
“I think robotics is another one that will take longer, but will be really interesting when it works. But by the way, I think even in that case, you'll need more task specific robotics, not just broad based.”
Fitzpatrick: Average bank spends 93% of tech budget on maintenance
“The average bank spends 93% of its cost, of its tech cost, on maintain initiatives. Seven percent go into building new things.”
Fitzpatrick: Top hires should not be recruited for specific roles
“When you recruit a great person, I don't think about role most of the time. Meaning I think people are very role focused of like, I will hire this person and they will only do oil and gas as an example, right? But the reality is like really good people will ru…”
The other half of the tape: Matt Fitzpatrick's own voice is left out of every number here. Other people bring the name up 9 times in 5 episodes across the shows. 1 statement on the record names them. every mention, with the transcript →
Who brings them up most Harry Stebbings 9
Statements about Matt Fitzpatrick, by other people (1)
Every mention by year
tap a year for its mentions
20VC 9
2026 9 mentions in 5 episodes 2 per episode
- Why Anthropic Are Causing a Comp Crisis & Why You’d Never Hire From Salesforce or ServiceNow · 20VC with Harry Stebbings
- Inside Legora: Jude Law Generated $50M Pipeline | Are They Undervalued at $5.5BN? | Patrick Forquer · 20VC with Harry Stebbings
- OpenAI's Codex Lead: Why Coding as We Know It is Over · 20VC with Harry Stebbings
- Legora CEO, Max Junestrand: $7M ARR in a Day | Harvey vs Legora: Is a Legal AI Winner Takes All? · 20VC with Harry Stebbings
- Aaron Levie: Everyone is Wrong; We'll Have More Developers in 5 Years · 20VC with Harry Stebbings
- every mention in 2026, scene by scene →
One line per show, most statements first. The link opens Matt's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| 20VCLEDGER | CEO, Invisible Technologies | 1 | 41 | 27% 3/11 | full record on 20VC → |