Forerunner Ventures founder Kirsten Green discusses how consumer adoption of ChatGPT is reshaping e-commerce search expectations.
Insight
Green: AI shifts tech paradigm from attention to relationships and affection
“The way I kind of like simply think about it is, is that for the last two cycles, let's call it the internet and mobile, we've moved from outcomes and attention into an area of relationships and affection. And I think that's much more dynamic and it's much mor…”
Prediction Not checkable as stated
Kirsten Green: Enduring AI companies will reinvent categories from scratch
“I imagine that, like, Every category in some way can be reinvented, and I don't think you can look at, like, what it looks like today and just add AI onto it, add memory, or add a bit of a deeper connection. We're seeing that now, right? And I think there's co…”
Assertion Not checkable as stated
Green: Major CPG firm saw word-of-mouth sales jump from 4% to 48%
“A few years ago, let's call it five years ago or so, four percent of their sales came from organic word of mouth. Or what they call like that. 48% now.”
Prediction Not checkable as stated
Green: Major consumer AI boom is inevitable and already starting
“I think that it's inevitable, and I think that it's starting to happen.”
Insight
Green: Consumer tech takes longer than B2B because products need voluntary choice
“But to get things started, you really have to deliver something, like, outstanding for the consumer. It has to be something that's meeting a need in a new way, and you have to draw them in, and it has to make it their choice. So, it takes a little more, I thin…”
Insight
Green: Conversational queries are more natural online than keyword search
“It's actually even more natural to go online and ask a question than it is to just search a keyword, and so this novelty, which was a novelty to come online and be able to start having a conversation with technology in a way you hadn't before, is something we …”