

#147 The Past, Present & Future of Generative AI—With Joanne Chen, General Partner at Foundation Capital
Jul 24, 2023
Joanne Chen, General Partner at Foundation Capital, dives into the dynamic world of generative AI. With a rich background in engineering and tech investments, she shares insights on the emerging trends reshaping business landscapes. Topics include the balance of human oversight in AI, evolving business models, and the impact of economic shifts on investment strategies. Joanne discusses how AI is altering job markets and highlights the skills needed for a future in this rapidly evolving field, emphasizing the importance of adaptability in an age of automation.
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AI Investment Focus
- Foundation Capital focuses on three areas in applied AI.
- These are intelligent automation, machine learning infrastructure, and cybersecurity.
AI Business Strategies
- Focus on two main strategies when applying AI: time to market and rethinking business models.
- Prioritize fast market entry in noisy sectors like marketing and sales or reinvent industries with AI-driven models.
Jasper Investment
- Foundation Capital invested in Jasper after years of observing the marketing automation space.
- This highlights their approach of deep problem exploration before investing.