245 - TZL - KP Reddy

So they talk about synergy. So we think actualizing synergy through AI is a huge area that we have been very focused on advising clients on. Randy 00:36:18.166 - 00:36:57.632 Yeah, I've always said that the transfer of knowledge in our space is tantamount to the overall success of a design firm. Those firms that are able to transfer knowledge between generations and between organizations within that company, I think are more successful than others. And you give the vision of a data lake, which I've heard described before, but it's just another nice way of saying how do you get all this information into one repository that everybody has access to? And then how do you train or teach everybody to ask the right questions to access the data that's in that lake? By the way, one of the biggest fallacies that is being sold by what I would call… There are a lot of AI consultants out there, by the way, what I call AI charlatans. Ask them what they were doing 30 years ago in technology, I just learned how to use AI last week is not the right answer. One of the biggest misnomers is that in order for me to leverage AI, all my data has to be structured. Well, in fact, the opposite is actually true. That's the whole point of AI. If you had to structure all your data, that's called data analytics. That's just business intelligence. The whole point of AI is you don't have to have a high degree of structure around your data. That's the whole point. So I do get concerned. I'm seeing a lot of consultants out there, quote-unquote, training firms on AI. KPReddy 00:36:57.776 - 00:38:11.178 And the one person I thought was doing a job, I have added to my team, and the rest of them are really struggling to understand the business cases and the technology. Keep in mind, that this technology moves very quickly. My CTO has been with me for 18 years. He's on the key window. I think I know a lot better, but I do a better job by surrounding myself with people who know more than me.

Randy 00:38:11.304 - 00:39:03.640

KPReddy Email: kp@shadow.vc Website: Shadow Ventures

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