According to a recent report, the global productivity management software market was estimated at $59.88 billion in 2023. The industry is estimated to grow at 14.1% CAGR from 2024 through 2030. San Diego-based ClickUp is leveraging AI capabilities to make a big impact in the market.
>>>Sramana Mitra: I think the capabilities are extremely interesting. You can bring it down to areas where we can actually apply things like that, where there will be immediate value, and we can build a business around that.
I think interviewing candidates is one such application. Instead of ten candidates, if you want to interview 1,000 candidates and filter that down to the ten that are a good fit, that is a great application of this kind of technology or human representation technology that you’re talking about.
>>>Sramana Mitra: Interesting. If you have more example, you can discuss them. I’m very interested in seeing what is actually fine traction in the customer base.
Daniel Cohen: I’m on the board of a company called Lightricks that is doing a lot of work in the text-to-video space. The text-to-video space is in the limelight after OpenAI released Sora. What we want to think about is, how can AI create not only a short clip, but a full 5-10 minute video? The big challenge is to get fast AI-created videos results, similar to how you can get a story in text within seconds.
>>>Sramana Mitra: Let’s discuss the ones that are lower hanging fruits. It would be interesting for us to hear what you have invested in, where you don’t think the price is so far out and where you can start seeing real value or impact now. What are some of the companies that you’ve invested in and why?
>>>I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Wilderness IV
Wilderness IV | Sramana Mitra, 2022 | Watercolor, Ink | 8 x 8, On Paper
I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Wilderness III
Wilderness III | Sramana Mitra, 2022 | Watercolor, Ink | 8 x 8, On Paper
Sramana Mitra: Which ones do you categorize as the ones that are going to be the harder to deal with?
Daniel Cohen: There are areas in the world that technology has disrupted and yet not disrupted at all. If you look at Healthcare, on one hand, of course our life’s changed completely, but then there’re some things that are exactly the same.
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