2022Year in Review

The uncertain times ahead will make collaboration even more paramount. Hybrid is here to stay and requires a blend of software and rituals to be successful. Corporate conversations and collaboration will fuel the truly sticky use cases of AI. Legacy industries - insurance, healthcare, supply chain - are waking up to the importance of having collaboration embedded in the software that transforms the business. Conversations will be digitized, spitting off data that will fuel AI applied to change how work gets done. How we work will get more predictive, collaborative, and focused on employee experience.”

Even in the wake of a much-needed reset in fintech valuations, there is much to look forward to. AI/ML has been very important to the ecosystem for some time, but look for more applications in predictive analytics and the mining of transaction data for customer insights. As Web3 adjusts to the 'new normal,' its intersection with traditional finance will be an important area of innovation. Lastly, the next two years will see a raft of new regulatory oversight that will impact all of the above. Buckle up!”

The uncertainty impacting markets will persist through 2023; that’s the only thing we can be certain about. Startups will continue to push the boundaries of today’s technologies but will be capitalized in a more measured manner by investors who will struggle with price discovery and valuations in this market. Durability and resilience as default operating principles will serve the startup ecosystem well, just as we’ve seen in prior downturns. The best companies will take on measured risks to advance their products and market, while also building deeply thoughtful, scenario-driven models to course-correct as they navigate.”

In crypto, I’d expect zero-knowledge smartcontracting platforms to break out, and the next generation of oracles, off-chain compute, and interoperability solutions to come online. These big developments will yield little fanfare, but will fundamentally underwrite the next generation of Web3 infrastructure.”

The past few years have made it absolutely clear, given the on-going ‘tripledemic’ and climate crisis, there's nothing more important than protecting our health, family, and planet. In 2023, we’ll see FinTech and AI leveraged to tackle these pressing challenges! I hope to meet founders that are transforming how we pay for healthcare, streamlining how we manage caregiving for children and aging parents, or shifting consumer and business transactions based on climate impact.”

The large language model hype will shift from early excitement to practical applications. ChatGPT has shown that there's enormous potential for this technology. But, in 2023, hype will separate from reality, and we'll see more clearly what's truly unique, defensible and value-creating. I'm interested to see the technology woven into vertical and workflow software as a way to both implement and get work done within the software. I'm less excited about the obvious, questionably defensible, applications of the technology for marketing, especially considering the number of horses already in that race.”

We’re at the very beginning of massive and decades-long expansion beyond the relatively limited current scope and abilities of AI into areas like knowledge representation and reasoning, intelligent natural language processing, automated learning, predictive planning and execution, and software to aid sensing & perception of the real world. These advancements will happen over the course of decades and over time will likely require or be advanced by quantum computing.”

The metrics startups will need to achieve their next financing will be increasingly less well defined - The goal posts will regularly move. The most successful founders will extend their runway well beyond when the experts are telling them."