alt Hacker NewsIntercom is definitely one of those SaaS that I figured had essentially zero value prop once businesses figured out how to train their own support agents, so congrats to them for exiting before that happens.
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I do think people tend to over estimate how much staff care at all about the outcomes of new initiatives. Rolling out a new in house chatbot? More likely just going to fire everyone and give you more work.
So many companies have such failed cultures they are just getting by delegating all serious matters to younger companies with people who actually care. If your staff never benefit from any of their work, nobody has any reason to care about how well you build your own in house Support / CRM / Chatbot / SaaS.
Not sure if this has been coined as a term, but its some form of "effort arbitrage"
This is extremely naive and I’ll invite to try and built something like this and compare it with Fin performance
its very hard for most businesses, especially large ones, to build good agents (not the kind that does rag on a faq) that complete actions autonomously and cannot be jailbroken
demand for ai support vendors is going vertical this year
Correct. Seen this first hand.
Why would businesses do that when they can pay a fraction of a ML departments salary to a company like fin?
This is the same reasoning people use to say SaaS is dead, but it makes no sense. Rolling things yourself is often 10x more costly and not worth it, even with agents you need to pay 5-10 guys 150k-250k a year to build and train your own agent, why not pay fin 250k flat and not deal with any of it? Same goes with basically all other software that has nothing to do with your core product.
SaaS is alive and well and will continue to be.
AWS has zero value because you can just buy a bunch of servers and rack them. And on and on.