Where are investors placing their bets next year? AI, AI, AI.

Where are investors placing their bets next year? AI, AI, AI

Investors at TechCrunch Disrupt did not shy away from admitting they are interested in mainly one thing: artificial intelligence.

Nina Achadjian from Index, Jerry Chen from Greylock, and Peter Deng from Felicis all spoke about the latest obsession in venture capital and how startups can stand out in a quickly crowding market.

The environment is moving fast, Achadjian told the crowd, and companies are experiencing unprecedented growth.

Key Takeaways from TechCrunch Disrupt

Founders have to lean into showing their passion and domain expertise, and remain honest about their product market fit, Achadjian said.

There is so much demand from enterprise companies to try the latest and greatest AI, sometimes there’s false positives of product market fit, she explained.

That leads another consideration VCs are looking for: an ability to pivot as the market twists and turns.

AI Trends to Watch

Right now, what’s working in AI seems to be three things, Chen noted: Chat apps, coding apps, and AI in customer service.

But there is still so much more change to happen throughout every sector and industry.

Deng is excited by AI-enabled marketplaces.

Other Areas of Interest

Achadjian thinks that this could be the moment for robotics, while Chen is curious to see how AI impacts SaaS and other markets not yet directly impacted.

As for what’s not AI and exciting? “Pen and paper processes and digitize them,” Achadjian said.

There’s a lot of blue-collar industries that, incredibly, still do many processes manually, she continued.

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