Summary:
Moveworks is a $2.1 billion AI startup automating boring workplace tasks.
The platform is used by 5 million employees in over 350 companies.
CEO Bhavin Shah stresses the need to address messy problems for AI to succeed.
Duolingo's CEO Luis von Ahn emphasizes automating tasks to improve education.
AI is reshaping work culture and job roles, presenting both challenges and opportunities.
The Future of Work with Moveworks
If youâve heard the constant drumbeat that AI is expected to âfree people from the boring parts of their jobsâ and wondered if itâs really happening, you might want to listen to these guys.
Forbesâ Rashi Shrivastava recently profiled Moveworks, a $2.1 billion conversational AI platform that is generating tens of millions in revenue by automating mundane workplace tasks such as troubleshooting IT issues or submitting PTO requests. With around 5 million employees using Moveworks across over 350 companies like Hearst, GitHub, Toyota, and Salesforce, the company has raised more than $300 million in venture capital from notable backers including Lightspeed Venture Partners and Bain Capital Ventures. CEO Bhavin Shah emphasizes that AI startups âwonât work unless you tackle all of these gritty, ugly, messy problems, because thatâs what makes the world work.â
The Automation Trend in Education
In another story, Forbes senior writer Richard Nieva highlighted Luis von Ahn, the billionaire founder and CEO of Duolingo, who recently opted not to renew contracts for about 10% of the companyâs workforce involved in translations and lesson writing. âOur stance as a company is that if we can automate something, we will,â von Ahn stated, reflecting his belief in AIâs potential to democratize high-quality education.
Impact on Jobs and Work Culture
These narratives illustrate that discussions about AIâs impact on jobs and work culture are not just theoretical; they are happening in real-time. While some rote jobs are being replaced, there is optimism about how AI can assist many others. The way leaders choose to implement these technologies will significantly influence their outcomes, for better or worse.
Photo: MOVEWORKS
Comments