a16z Podcast: The Future Of Decision-Making—3 Startup Opportunities
The a16z Show
a16z
4.2 • 1.2K Ratings
🗓️ 29 April 2019
⏱️ 30 minutes
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| 0:00.0 | The content here is for informational purposes only, should not be taken as legal business, tax, |
| 0:05.6 | or investment advice, or be used to evaluate any investment or security and is not directed at any |
| 0:10.8 | investors or potential investors in any A16Z fund. For more details, please see A16Z.com |
| 0:16.9 | slash disclosures. Hi, welcome to the A16Z podcast. This is Frank Chen. Today's episode is called |
| 0:24.3 | The Future of Decision Making, three startup ideas. It's a conversation I had with Jad Nouse, |
| 0:29.9 | originally as a YouTube video. You can watch all of our YouTube videos at YouTube.com |
| 0:35.5 | slash A16Z videos. Now on to the episode. |
| 0:39.8 | Hi, welcome to the A16Z YouTube channel. I am Frank Chen. And today I am here with |
| 0:45.0 | Jad Nouse. Jad is part of the enterprise investing team. And he's noticed something. And so let's |
| 0:52.0 | just get right into it. So you've noticed something around the way that big companies are trying to do digital transformation. So why don't we start there? What are the big companies doing? What is digital transformation? |
| 1:04.0 | Yeah, digital transformation is something that gets thrown around quite a bit. I think there's a big shift now. We're starting to see a lot of |
| 1:14.6 | industries actually starting to go through digital transformation and I would bucket the things that people do in digital |
| 1:20.7 | transformation into two areas. The first one is around moving from these manual paper processes to more digital ones that are easy to change faster to modify more agile. |
| 1:35.3 | The second thing that people tend to do when they're doing digital transformation is move from these manual processes to more automated processes, and so automation. |
| 1:46.0 | And I think that this shift is now starting to happen in earnest, |
| 1:52.6 | and we're going to start seeing three things pop out. |
| 1:55.8 | The first one is people's roles and functions to a certain degree are going to start shifting around. |
| 2:02.4 | The second one is we're going to start seeing new demand for new technology and new tools |
| 2:09.2 | as these new functions and roles actually emerge and start to change. |
| 2:14.3 | And third, that's going to also lead eventually to a change in market dynamics and how |
| 2:19.3 | companies run who become successful, who wins in certain spaces. Interesting. So anywhere there is |
| 2:26.9 | a fax machine or a clipboard or sort of a big bundle of papers, there's opportunity, right? We're |
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