if you know, you know Salesforce 'hard pivot' to auto ai agents. hmmmmm. now this is exciting. marc benioff. bestie to sam i am whatev you say i am sam (alt)man. owns TIME. surprise surprise. sam i am whatev you say i am (alt)man makes the cover as ceo of the year. wonder if that helped the bottom line for OpenAI. me thinks not. or perhaps this helped elevate others outside of silicon valley to shed light on this worldly (un)known. we forget about our navel gazing. either way marc has the president of the u.s. on speed dial. is a friend to the wef. not sure why. except to be wherever his customers are. he is a consummate deal maker. overall super friendly guy. and to boot his Salesforce tower is an iconic sf building. marc loves status. he does. and why not? marc also loves tech. hello. salesforce was a play to create the ultimate sales tool. right. focus on the sales. the customer. how do we upsell. what's changed in terms of behaviour. keep a lot of smart people on speed dial. and hopefully you'll manage to create your own billy. and he did. so this 'ting about (ai) agents means he is going hard. why. well. of you haven't noticed a combination of the 2008 great financial crisis coupled with the 2020 global pandemic impacted his customer's customers. which means that's a prob. a big prob. benioff represents the very best of being an entrepreneur. he is affable. he is committed. he is loyal. he is political. he knows how to throw a great party. he does. not that i have been to one. just checkout how they splash out the marketing budget. it's the cost of doing business. Salesforce without question much like Tesla and a few other companies will reap a large windfall from (ai). ultimately it looks like first productivity. then perhaps becomes strategic. this will take years in the making. the tech, weeks. the culture. months. although we anticipate that Salesforce to win big. 25 years. $ 34.9 billys in fiscal year '24 revenue. up 11% year over year. the crm (customer relationship management). said another way the data we find, evaluate, store to know about our customers and how we are doing ....is about to become t.o.a.s.t. with (ai). this old a** sh^ts tons won't be required. marc knows this. and so it's not so much that this is a hard pivot as much as this is a wake up reality check. the numbers speak for themselves. watching the stock price since nov 5 2021 Salesforce has been getting back to it's footing. and is navigating the financial engineering of walls street, client budgets. if sf is the center of the world for (ai) startups. and it is. if sf is the hq of mr. sf ... benioff. and it is. then expect whatev happens to Salesforce to be a leading indicator as it applies to agents. and the every changing way we inform and communicate about ourselves & customers. source: https://lnkd.in/eFExGq_A source: https://lnkd.in/eJRywTiD
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The SaaS market is drowning in AI hype. What's next is not. Most agents are building for SaaS. Yet, the real value lies in specialization: Recently, Rox emerged from stealth mode with a big funding round from Sequoia. Every week there’s a new AI sales agent startup making headlines - - 11x - Relevance AI - Artisan And so many others. Most of these companies are targeting the outbound SDR role in the SaaS market. And aim to replace traditional outbound SDR teams and cold email agencies with AI-agents that acquire more customers The idea seems like a perfect fit. Who doesn't want to buy 'more sales' But, these “one-size-fits-all” AI models aren’t delivering as expected. High churn rates suggest that something’s missing. My Prediction: Within the next 12 months, we’ll see the rise of AI sales agents designed for specific industries and expertly-deployed armed with the right data sets, workflows, and industry nuances. These agents will be deeply embedded in the workflows of their verticals. Understanding niches respective: - Data sources - Terminology - Processes Take real estate as an example. When a prospect asks: "What’s available near Tesla’s Fremont office under $80/sq ft with 18-foot ceilings?" - A generic AI assistant wouldn’t cut it. - It can’t interpret the nuances of local market dynamics. - It doesn’t have access to real-time inventory data. - Real estate is a space where context matters. - And it fails to understand geographic proximity or hyperlocal factors. Generic large language models lack the specialized knowledge and data necessary to deliver accurate, context-aware responses. That said - the next wave of AI sales agents won’t just answer questions. They’ll be tuned to specific industries, equipped with the intelligence to deliver high-value, tailored responses. Thoughts?
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Salesforce's bold vision to deploy 1 billion AI agents within a year raises important questions about the reality versus the hype surrounding enterprise AI. 🌟 Potential : Salesforce aims to democratize AI, empowering every employee with intelligent agents. This could drive unprecedented productivity gains and transform how work gets done. 🎉 Hype: The sheer scale of 1 billion agents in 12 months seems highly ambitious, even for a company of Salesforce's size and resources. Achieving this will require overcoming major technical, organizational and ethical hurdles. ⚠️ Challenges: Integrating AI seamlessly into existing workflows, ensuring data privacy/security, and addressing bias/transparency concerns are critical. Regulatory frameworks for enterprise AI also remain unsettled. What are your thoughts on Salesforce's AI roadmap and the broader state of enterprise AI adoption? I'm keen to hear different perspectives on this topic. https://lnkd.in/g8-RSyFz #agents #ai #salesforce
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If I had to predict, Salesforce is to the cloud-enterprise what IBM and COBOL are to the mainframe era. There's too many business processes running on both architectures. The switching costs far exceed the maintenance costs. AI will clearly automate SOQL generation, Apex reviews and data cleansing. Fewer Admins will be needed. The maintenance costs will drop lower, while the process value remains high. Where A16Z is correct is that the Internet concept of CRM is dead. 80% of B2C customers interact with businesses through mobile apps. Those apps go direct to their own LLMs. The Internet facing chatBot model is a race to the bottom, chasing a small market. A16Z is primarily only investing in companies with a vector DB first mentality. Embedding everything known about a customer in V-DBs and using LLMs to manage relationships, matching customers needs and wants to the most relevant and similar offerings. IMO the best combination is a hybrid model. Disaster recovery and systems of record requirements for public companies will not go away. Immutable, transactional data is not just a good a idea. It's required by most compliance standards. However, the customer *relationship* and point of engagement is moving purely towards AI.
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CRM ship will sink or float on the waves of AI acceptance and value