Tawakol: Oracle Data Cloud grew into a $500 million business
Omar Tawakol · AI and a Different Type of Competitive Advantage // Omar Tawakol, Voicera (FirstMark's Data Driven) · Sep 28, 2017 · at 9:13
Omar Tawakol, former CEO of BlueKai and founder of Voicera, discusses scaling the Oracle Data Cloud business following Oracle's acquisition of BlueKai.
0:00 / 0:07exact quote · 7.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“By the time, you know, we went into the Oracle data cloud and continued to grow the business and make acquisitions, it was a five hundred million dollar business.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Omar Tawakol
Tawakol: Multitasking during meetings drops your cognitive performance by 20 IQ points
“You are literally 20 IQ points dumber when you are multitasking, and everybody's multitasking, and that's the problem.”
Tawakol: AI data flywheels take years to build and create strong moats
“So you start to get much more nuanced and better algorithm results, which lets you extend the surface area of what you're doing way beyond your competitors, which then gives a better experience, and you get a virtuous cycle, and it takes years to develop these…”
Tawakol: Most AI companies forget to label false negatives in their data
“False negatives are harder And most companies will do solutions like this and forget to figure out how to label the false negatives.”
Tawakol: Enterprise AI demands significantly higher accuracy tolerances than consumer AI
“If you tell Alexa to play a song and she plays the wrong one, no problem. You tell Eva to update Salesforce and automatically update Salesforce record, and it's the wrong record, there's a problem.”
Tawakol: AI transcription needs human-in-the-loop systems for acceptable user experiences
“What they don't realize, it's pretty hard for a human to understand the last few percentage points of accuracy, how that impacts the experience, and typically in many areas, like in transcription and other areas, it's a pretty bad impact if you're not, you kno…”
Tawakol: AI development teams require statistics experts, not just software engineers
“So these kinds of judgment errors are just very commonplace, and that's why you obviously need people on the team who aren't just You know, ah, really good at writing the code, and you also knew people very familiar with statistics.”