“You just imagine this is the first time in kind of the recent history of the concept of performance management in companies where there is an orthogonal input that can really upset with facts how people are doing this.”
quote is from the automated transcript, cleaned for reading:
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More from Matt MacInnis
Opinion
Tech companies pivoted to AI because their existing product roadmaps sucked
“What I would say about other companies that are doing AI products is that for the longest time, their roadmap sucked. They didn't know what their next proximal feature was going to be that was going to generate revenue. They didn't have another skew idea with …”
Matt MacInnisSep 25, 2024▶ 22:12No Priors Ep. 83 | With Rippling COO Matt MacInnis
Disclosure
Rippling introduces TalentSignal, an AI tool that evaluates employee performance
“There's a new product that we're just releasing called talent signal. It's the ability of this system to read the work product of employees and like marry the data that we have. On whom you've hired into your company at what job level with what, you know, all …”
Matt MacInnisSep 25, 2024▶ 5:09No Priors Ep. 83 | With Rippling COO Matt MacInnis
AssertionSupported
Rippling's TalentSignal evaluates performance from work product, ignoring demographic data
“And so, TalentSignal, by reasoning from the work product only, Like it doesn't have access to demographic data. It doesn't know your race, ethnicity, you know, your age, your work location. It just knows this is the source code you wrote, or these are the cust…”
Matt MacInnisSep 25, 2024▶ 7:33No Priors Ep. 83 | With Rippling COO Matt MacInnis
PredictionNot checkable as stated
Building surface-level AI chatbots and copilots will not drive extra software subscriptions
“We didn't build a chatbot. We didn't build a co-pilot. We didn't build any of these surface level obvious capabilities. We're gonna build them. They'll be in there at some point. Who cares? It's not gonna sell a single extra subscription of software.”
Matt MacInnisSep 25, 2024▶ 22:46No Priors Ep. 83 | With Rippling COO Matt MacInnis
Opinion
Issuing a dividend is a terrible signal that a company lacks ideas
“And, like, even worse is a dividend, because, like, now I can't even do that. I'm just gonna, like, literally just gonna give it. I don't know what to do with this money. I'm just gonna give it back to you. Like, what would I do with this money? There's like s…”
Matt MacInnisSep 25, 2024▶ 19:31No Priors Ep. 83 | With Rippling COO Matt MacInnis
Disclosure
Rippling plans an AWS moment next quarter by commercializing its data platform
“There is some new stuff coming from the company that's not directly AI related, but is about really scaled data, like super high scale data. We've already built this like really beautiful data platform underneath Rippling. It's kind of like our AWS, like we're…”
Matt MacInnisSep 25, 2024▶ 23:41No Priors Ep. 83 | With Rippling COO Matt MacInnis
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