AI Moment Podcast Show Notes

Episode: The companies who are ripe for acquiring in AI - Part 3

Welcome back to the final part of Jonathan and my conversation with the brilliant Martin Spiller of Oakmere.

This episode was a fantastic exploration of how AI is revolutionising the business landscape, especially for SMEs.

We kicked off by diving into Martin's investment strategy. It was fascinating to hear that he actively looks for companies that aren't currently using AI.

His reasoning is simple but powerful: these are the businesses with the most to gain from a technology 'turbocharger'. He shared a brilliant anecdote about a carpentry business that only got its first internet-connected computer a few years ago – a perfect example of a ripe target for AI-driven growth.

The conversation then took a critical turn towards data security and privacy.

Jonathan and I often discuss this, but Martin's perspective was a valuable reminder of the real-world implications.

We highlighted the risks of putting sensitive data into public LLMs like ChatGPT and the importance of understanding where your information is stored and who can access it. Martin's comparison to using Dropbox in the legal profession was particularly insightful.

A Call To Indie Hackers I also shared my thoughts on the opportunities for developers to create bespoke AI solutions for SMEs. The current lack of adoption in this sector means there’s a huge gap for tools that can address specific operational inefficiencies.

Ultimately, we agreed that AI isn't about replacing people or strategies. It's about amplifying them.

Martin noted that AI can free up valuable time – even just a couple of hours a week – that can then be used for more strategic work. I found this to be the most compelling takeaway.

Thank you for listening again today!

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