#168: Exploring Investment and Impact of AI in the Supply Chain Sector with Steve Sloane of Menlo Ventures
Oct 4, 2023
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Steve Sloane, a venture capitalist specializing in supply chain investment, discusses the intersection of AI and supply chain, the applicability of generative AI, capital efficiency and scaling challenges, AI's role in improving efficiency, use of generative AI for internal operations, and AI's application for SaaS and other mediums.
The podcast explores the intersection of AI and supply chain, highlighting the potential impact of generative AI in transforming industries.
The evaluation of AI opportunities within the supply chain sector involves considering factors like generative AI attractiveness, incumbent advantage, and access to proprietary data.
Deep dives
Investing in Supply Chain Startups
Steve Sloan from Menlo Ventures discusses how he got into investing in supply chain startups. He shares his interest in the space after investing in a warehouse robotics company and realizing the potential for technology to address challenges in the supply chain.
AI in White Collar Work Environments
The discussion revolves around the interest in AI applications in white collar work environments, specifically in the context of supply chain. The focus is on the similarities and differences between applying AI in blue collar and white collar settings, and the potential impact of generative AI in transforming industries.
Evaluating AI in Supply Chain
The conversation touches on how to evaluate opportunities that intersect AI and supply chain. Factors like the attractiveness of generative AI in the supply chain industry, incumbent advantage, access to proprietary data, the technical team, and core workflow differentiation are discussed as key considerations in evaluating AI applications within the supply chain sector.