NEA’s Tiffany Luck on AI IPOs, personal agents, and the ROI reckoning
Enterprises are grappling with the return on investment for their AI initiatives, a shift from the earlier "tokenmaxxing" trend that encouraged widespread AI usage. Companies like Uber have reportedly exceeded their AI budgets, while others have scaled back licenses for models such as Claude. Venture capital firm NEA's partner Tiffany Luck discussed this tension, highlighting how startups are emerging to help businesses track AI spending and demonstrate value, particularly in consumer-facing applications. AI
IMPACT Highlights the growing need for enterprises to justify AI investments and track ROI, potentially influencing future AI adoption strategies and vendor choices.