In this episode, Amir Bormand interviews Ross Fubini, the managing partner at XYZ Venture Capital, to discuss the growing AI opportunity and how to identify lasting trends in the field. They delve into the impact of AI on enterprise software models and its potential for cost savings. Ross shares insights on XYZ's investment focus on enterprise and fintech companies, including those in the public sector. With a portfolio of 107 businesses, XYZ aims to support and build these companies actively. Please tune in to gain valuable insights into the AI landscape and its potential for transformative growth. Highlights: [00:00:04] Growing AI opportunity. [00:02:43] AI and market shifts. [00:05:45] The Internet's transformative potential. [00:09:18] AI opportunity and emerging technologies. [00:10:20] AI-powered consulting and new enterprise systems. [00:15:38] Narrow AI application opportunities. [00:19:27] Pricing and market disruption. [00:23:12] AI growth in technology. [00:24:29] AI Opportunities and Adoption. [00:28:42] Leveraging AI for legacy brands. [00:30:04] Generative AI and business opportunities. [00:35:10] Looking back on emerging technologies. Guest: Ross Fubini is the founder and Managing Partner of XYZ Venture Capital. He’s made a career as a successful early-stage technology investor and is passionate about connecting people to build insightful products. Ross is from Virginia and is now based in San Francisco, where he married a local with whom he has two children and goes over the top on holidays. He is an avid triathlete, marathon runner, and previous Ironman competitor. Ross likes to go faster in all things - from races to building companies. https://www.linkedin.com/in/fubini/ ---- Thank you so much for checking out this episode of The Tech Trek, and we would appreciate it if you would take a minute to rate and review us on your favorite podcast player. Want to learn more about us? Head over at https://www.elevano.com Have questions or want to cover specific topics with our future guests?Please message me at https://www.linkedin.com/in/amirbormand (Amir Bormand)