In this episode of The Long Game, host Elijah Murray sits down with Ajay Srivatsavai, a veteran asset management executive, to unpack why private equity firms are falling behind in the AI revolution - and what it means for the future of the $15 trillion industry.

Timestamps:(00:00) Risk factors in asset management and technology adoption(01:00) Introduction and guest overview(02:00) Asset management fundamentals and industry breakdown(04:00) Technology adoption challenges in finance(08:00) Private equity's lag in tech adoption(10:00) Unstructured data challenges in PE(13:00) Build vs buy technology decisions(17:00) Case study: Wealth management technology(20:00) Future of PE technology integration

Whether you're a PE professional, tech entrepreneur, or interested in the future of finance, this episode offers a rare glimpse into how artificial intelligence is reshaping one of the world's most profitable industries.

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#privateequity #ai #fintech #assetmanagement #venturecapital #technology #finance #investing #business #entrepreneurship

Welcome to Episode #085 of The Long Game, where I have conversations about tech startups, AI, entrepreneurship, and the ideas and principles to make it all happen.

Kenneth Carrera shares his groundbreaking experience of running his business with AI guidance, achieving 25% growth without increasing headcount.

From creating an AI board of directors to implementing multi-agent systems in various industries, Kenneth provides practical insights into the future of human-AI collaboration.

TOPICS:

• Building and implementing AI agent networks
• Real-world applications in pharmaceutical sales and manufacturing
• How AI augments rather than replaces human work
• The failed experiment of an AI boss
• Practical implementation of multi-agent systems

Chapters

(00:00) Welcome & Introduction

(01:43) The Year of AI Agents

(02:44) Defining AI Agents vs Traditional Software(06:11) Real-World Applications

(07:38) Case Study: AI in Pharmaceutical Sales

(17:38) AI Board of Directors Experiment

(24:26) Future of AI and Human Collaboration

(34:42) Specialized AI Assistants

(42:00) Case Study: AI in Meat Processing

(47:01) AI's Role in Job Optimization

(53:39) The AI Boss Experiment

(57:26) Closing Thoughts

#TheLongGame #AIAgents #DigitalTransformation #BusinessAutomation #AIImplementation#MultiAgentAI #AIBoard #BusinessInnovation #AIProductivity

• Website: https://hoo.be/elijahmurray• YouTube: https://www.youtube.com/@elijahmurray• Twitter: https://twitter.com/elijahmurray• Instagram: https://www.instagram.com/elijahmurray• LinkedIn: https://www.linkedin.com/in/elijahmurray/• Apple Podcasts: https://podcasts.apple.com/us/podcast/the-long-game-w-elijah-murray/

Kal Amin is the President at 1848 Ventures, bringing 25 years of experience from companies like Google, Spotify, and Flipboard. In this conversation we explored how venture studios are evolving with AI, focusing on key topics like building defensible AI companies, the upcoming transfer of SMB ownership to a new generation, and how technology is changing the landscape for small business owners.

EPISODE LINKS:• 1848 Ventures: https://1848ventures.com

TIMESTAMPS:

(00:00) Intro

(02:00) What is an SMB? The $33M opportunity

(04:15) Why hasn't this been done before?

(07:23) How 1848 Ventures builds companies

(11:45) The venture studio advantage

(15:30) The great SMB transfer

(19:40) Building defensible AI companies

(23:15) Data as the new moat

(25:00) Kal's journey (AOL, Google, Spotify)

(31:45) What makes a great founder in 2024?

(36:20) Why building products isn't enough

(38:30) Finding and developing startup leaders

CONNECT:• Website: https://hoo.be/elijahmurray• YouTube: https://www.youtube.com/@elijahmurray• Twitter: https://twitter.com/elijahmurray• Instagram: https://www.instagram.com/elijahmurray• LinkedIn: https://www.linkedin.com/in/elijahmurray/• Apple Podcasts: https://podcasts.apple.com/us/podcast/the-long-game-w-elijah-murray/• Spotify: https://podcasters.spotify.com/pod/show/elijahmurray• RSS: https://anchor.fm/s/3e31c0c/podcast/rss