Inside ElevenLabs: Voice AI, Cloning Ethics, and the End of the Call Centre? — Transcript
Full transcript
- 0:00Very soon it will be normal to have your
- 0:03own AI assistant that you can speak to
- 0:05that not only gives you advice and
- 0:07proactively recommends things but can go
- 0:09and actually take action with your
- 0:11permission with the right guardrails of
- 0:12course and that action will often be
- 0:15speaking or connecting with a brand or
- 0:18an organization to potentially go and
- 0:20buy something or make a change to a
- 0:22flight. And on the other end of that is
- 0:24sometimes a human, but also more and
- 0:27more so will be an AI agent as well.
- 0:31>> Damian, podcasting is my one job. You
- 0:34guys have very realistic conversations
- 0:36on the platform that I can't tell the
- 0:39difference between real humans and those
- 0:41should I be looking for a new job?
- 0:45Hello and welcome to In the Blink of AI.
- 0:48I'm Georgie Healey and today we have
- 0:49Damian. He is the GM of A&Z at 11 Labs
- 0:53and he's currently 3 to 4xing the team
- 0:56growth plan here in Australia and New
- 0:59Zealand. 11 Labs, you might think of
- 1:02them as Voice AI. That's definitely what
- 1:04they're famous for. They have 11 API, 11
- 1:07creative, and 11 agents. Now, Damian's
- 1:11been having fun with a fridgemounted
- 1:13family AI assistant and the voice of
- 1:16Michael Kaine. I actually used the app
- 1:18to read me back my own substack in the
- 1:21voice of Lawrence Olivier. It made me
- 1:24sound so impressive and we talked about
- 1:28what AI music we would like to bring
- 1:30back. I will save that for the show.
- 1:33Damian has some really good perspectives
- 1:35with his years in uh managing and
- 1:38leading teams and he has a hot hot take
- 1:40on enterprise AI. If tech leads instead
- 1:44of the business, the guard rails and the
- 1:47ways that you are approaching it are
- 1:49going to fall behind. I will let him
- 1:52explain that in better detail in the
- 1:54show. And we have probably one of my
- 1:56favorite lines of the podcasts I've ever
- 1:59done, which is that tall poppy syndrome
- 2:02here is a scouge on society. To be
- 2:05honest,
- 2:06frankly, I agree. Let's dive into the
- 2:09show for that and so many more hot
- 2:11takes. You're listening to a dayf show.
- 2:19>> Founders scale faster on deal. Set up
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- 2:24anyone anywhere. Get visas handled fast
- 2:27and get back to building. Visit
- 2:29deal.com/day1.
- 2:31That's dwel.com/day1.
- 2:39Can you please share your AI hack of the
- 2:41week?
- 2:42>> AI hack. I'll share something that I
- 2:43built recently with 11 Labs, of course,
- 2:46uh, and N8N, and it's it's close to
- 2:50where I wanted to get to, but I think
- 2:52there's still a lot more to go. We've
- 2:53actually built a family AI assistant
- 2:56that sits on the fridge on an iPad uh
- 2:59using 11 Labs which is essentially taken
- 3:02all the life admin but not just
- 3:05reactively proactively as well. So, and
- 3:08we call we call him the butler. Uh the
- 3:10butler proactively talks to me in the
- 3:13morning as I'm making the morning coffee
- 3:15uh to talk about anything from how
- 3:17you've got this event coming up. It
- 3:19accesses the school calendars for all of
- 3:21the kids. It knows when important dates
- 3:24are coming up. Have we bought a present?
- 3:26Would you like some recommendations to,
- 3:29hey, would you like maybe you're running
- 3:31low on bread or milk? And the next part
- 3:33is hooking up with Harris Farm Worth and
- 3:36the rest of it to actually make
- 3:38purchases as well. But it's actually it
- 3:41was easy to set up and it's really
- 3:43impressive.
- 3:44>> My hack is very similar but different.
- 3:46And um I thought, how can you top
- 3:50Lawrence Olivier who you also have on
- 3:53the app? What I did is I have a semi
- 3:56humorous um substack. It's bite-size
- 4:00once a week. Having Lawrence Olivier
- 4:02read that my own substack back out to
- 4:05me, I'm like, "Wow, this is world class
- 4:06writing. It's incredible."
- 4:08>> Exactly.
- 4:10>> The voice matters, right? The voice that
- 4:11delivers something actually matters.
- 4:13>> It genuinely does matter. Um, and there
- 4:16is something powerful about the
- 4:18connection you have with these voices,
- 4:20right? Um, brings me back to Wthering
- 4:22Heights and and you know, being able to
- 4:24hear his voice.
- 4:25>> Yeah. The old school one. Old school one
- 4:27he's in. Yeah. Yeah. Yeah. Um,
- 4:30>> amazing, fantastic hack.
- 4:32>> The reason I'm so thrilled to speak to
- 4:34you is 11 Labs is launching here in
- 4:37Australia. This is huge news. So
- 4:39excited. First of all, what is your role
- 4:41at 11 Labs and set the scene about the
- 4:44team here and plans for the team?
- 4:47>> Sure, would love to. Uh, so we have a
- 4:49bit of a philosophy of no job titles at
- 4:5211 Labs. We like to hire people that are
- 4:54committed to the cause and you know no
- 4:58task or job is beneath them and hiring
- 5:00for the right culture. Uh, so we are
- 5:02light on uh we're light on job titles
- 5:05but um my job title essentially is
- 5:08general manager of region. So A&Z we are
- 5:11uh aggressively expanding into a lot of
- 5:14international regions and A&Z is one of
- 5:17them. Uh so really excited and proud to
- 5:20be leading the team here. We have four
- 5:22people in region at the moment. Uh all
- 5:25hired this year
- 5:26>> and we've got plans to three to 4x that
- 5:30size the size of the team very quickly.
- 5:33uh we are launching our presence in
- 5:35region but we already have a really
- 5:37strong customer base here and that was
- 5:39one of the reasons why A&Z was one of
- 5:41the markets we're expanding in uh so
- 5:43we've got a great list of customers here
- 5:45already today and there's some really
- 5:48strong signals from the market that
- 5:50organizations are shifting from
- 5:53you know proof of concept uh that goes
- 5:56to die maybe in the corner of one pocket
- 5:59of the organization to just a real
- 6:01understanding that voice AI to
- 6:04communicate with customers and also
- 6:06internally is going to be critical to
- 6:09the organization moving forward. So
- 6:10there's some really strong signals in
- 6:12market and you know it's really
- 6:14important to have uh a local team with
- 6:17local market knowledge and can really
- 6:19embed deeply with the customer to
- 6:22understand their problems. uh you know
- 6:24because this is a really challenging
- 6:26complex space uh voice AI is you know
- 6:30very complex to get right uh at scale
- 6:33and to make it humanlike uh so it really
- 6:36requires a local team with local
- 6:38resources to work with our customers uh
- 6:41closely so yeah really excited
- 6:43>> it's so exciting because voice AI I do
- 6:46think of 11 labs and have for a few
- 6:48years uh a lot of our listeners are in
- 6:50the tech space and the startup space and
- 6:52familiar You mentioned that we're ready
- 6:55here and voice AI is a unique space in
- 6:59AI. What were the signals that we were
- 7:01ready and are you allowed to share any
- 7:03of the customers like you know or a
- 7:08nudge that for the listeners globally?
- 7:10>> Sure. Yeah. Well, we're having our
- 7:12launch event this week and we've got
- 7:14some amazing customers speaking on stage
- 7:16that are already attributed to 11 Labs
- 7:18from Zero to Heidi Health to Employment
- 7:23Hero. So, some really interesting brands
- 7:24and customers here locally um with lots
- 7:27of different use cases uh from uh
- 7:30deploying a voice AI agent to make
- 7:34outbound calls to customers uh that
- 7:36otherwise would never really get any
- 7:38love. That's on one that's on one side.
- 7:40Uh on the other side we have a
- 7:42completely different use case which is
- 7:45uh Andromeda who has I'm sure you're
- 7:47familiar with Andromeda but uh for those
- 7:49who are not they have an amazing use
- 7:51case for uh a voice AI and humanlike
- 7:56voices within their robot that is uh
- 7:59Abby and Abby is you know great tech for
- 8:02good story uh which is uh visiting
- 8:05patients in age care facilities or
- 8:08residents I should say in age care
- 8:09facilities that otherwise maybe would
- 8:11not have, you know, not getting regular
- 8:13visits and to have a a human-like
- 8:15experience to engage and have, you know,
- 8:18better better outcomes for residents is
- 8:20another great use case. So, there's lots
- 8:22of different um customers that we're
- 8:24that we work with here locally and a
- 8:27variety of different use cases. But I
- 8:28think signals wise, back to your
- 8:30question, I mentioned before about, you
- 8:33know, little proof of concepts that sort
- 8:34of go to die in a corner of the of the
- 8:36business. uh my observations in the
- 8:40market uh I think there's there's
- 8:42there's probably two things. one is
- 8:44there has been an incredible amount of
- 8:47inbound inquiry which is a a clear
- 8:49signal when you have you know 11 Labs
- 8:52has a really strong PLG in motion
- 8:54globally um with fantastic success uh
- 8:58and we have evolved our platform into
- 9:01more of an end toend uh agentic AI
- 9:04platform with voice at the center
- 9:06because it's the hardest one to to
- 9:08really get right um but it's not just
- 9:11voice of course for us you have you need
- 9:12to be multi multimodal uh but the
- 9:14signals that we're getting in the market
- 9:17are really uh not only um complementing
- 9:20the human experience to create better uh
- 9:24touch points and customer experiences
- 9:26for end customers. Uh so it's not only
- 9:28that but it's the ability to uh to
- 9:31branch out into different parts of the
- 9:33business to provide different
- 9:35experiences to customers that just
- 9:37otherwise wouldn't make financial sense
- 9:40to have humans doing so. Um, so that's
- 9:42where we've seen some really interesting
- 9:43signals in the market.
- 9:45>> Incredible.
- 9:47I hadn't even thought about Abby the
- 9:49robot, who I am personally familiar with
- 9:51the the the business and the robot in
- 9:54these age care facilities. And I never
- 9:57thought, oh my gosh, voice is the
- 9:59missing piece there. That's so
- 10:01incredible. So very excited to hear more
- 10:04about that, see more about that.
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- 10:46Can we zoom out a a moment? You started
- 10:50your career like I'm listening to you're
- 10:52very uh tech and business literate, but
- 10:54you started your career as a journalist.
- 10:56Is that right?
- 10:57>> I did. I did many years ago now. Yes.
- 10:59Didn't last too long. It was only a
- 11:01couple of years. I feel like um
- 11:04journalism is still really important,
- 11:06but how do you see AI um impacting
- 11:10journalism and and that kind of
- 11:12integrity of writing?
- 11:14>> Yes, good good question. Look, I think
- 11:16over time and I saw it even when I mean
- 11:18I'm going back to early 2000s and even
- 11:22then you could see perhaps the industry
- 11:25uh was going to be challenged by
- 11:27technology uh and there were less and
- 11:30less roles and entry level roles.
- 11:33There's good and bad, you know, good and
- 11:36bad that comes with um technology
- 11:38improvements. Uh I would say journalism
- 11:41um has been it's it's been a bit choppy,
- 11:44right? There's been a lot of great
- 11:45things to come from technology but I
- 11:47think in the journalism space it really
- 11:50has eroded journalism in my opinion and
- 11:54you know to find quality journalism
- 11:56these days quality investigative
- 11:58journalism in particular uh that is
- 12:01nonbias
- 12:03uh and that is a trusted source is is
- 12:06really hard a lot of people consume
- 12:08their their news on social media and
- 12:11that creates uh inherent problems I
- 12:14think in society. But that's a that's
- 12:17probably a whole another podcast.
- 12:18>> Yeah, that that would be an interesting
- 12:20podcast. I do know I can very quickly
- 12:22tell when people are getting their
- 12:24journalism from like tech fintech
- 12:26Twitter and things like that. Um but
- 12:28where do you get your knowledge now? AI
- 12:31is moving so quickly.
- 12:33>> Yeah. Uh so I I'd probably say the three
- 12:36main sources for me uh number one is AFR
- 12:41and so I skew towards the the Fairfax
- 12:44the old Fairfax type of publications. So
- 12:46AFR and SMH and SMH even today does some
- 12:49really good investigative journalism
- 12:51work.
- 12:52>> So uh that's for my you know personal
- 12:54and business uh reading. So personal SMH
- 12:57AFR for business uh and then the ABC as
- 13:00well. So which I find is a good balance.
- 13:02So that's where I go to consume my
- 13:05media, but I'm very much a I'm a
- 13:07habitual once a day type of news
- 13:10consumer. Uh so I kind of have the
- 13:13opposite of FOMO.
- 13:15>> Yeah.
- 13:15>> I don't require like a stream of
- 13:17information coming at me left, right,
- 13:19and center from all different places. I
- 13:21just have the habit of I know where I
- 13:22want to source my information. I go
- 13:25there once a day and then I move on with
- 13:27my day and the next day I'll come back.
- 13:29>> That's my New Year's resolution for next
- 13:30year. Currently I am the stream of
- 13:32information at all times person
- 13:36right so like please stay away because
- 13:38that's the problem right it's slow
- 13:40>> yeah I know yeah I struggle with
- 13:42LinkedIn as it is let alone let alone
- 13:44anything else but yeah
- 13:45>> exactly right exactly right um very
- 13:47fascinating to get that perspective from
- 13:49an exjournalist by the way look before
- 13:53interviewing you I did look at your
- 13:55LinkedIn I was really aware of Hyper
- 13:58Anna where you used to work because I
- 14:00worked at Sanctuary And I think we used
- 14:02the tools and it was very exciting and
- 14:04very successful. And then it was
- 14:05acquired by Alterics which is uh a
- 14:08product I used
- 14:09>> in a different consulting firm since
- 14:11then. So much has changed since this
- 14:13tech um was launched and blew our minds
- 14:16with the evolution of AI.
- 14:19What made those products special and um
- 14:24before a time that AI existed that might
- 14:26have not used them? Yeah, in many ways
- 14:28there's there's been so much that has
- 14:30changed. So I think that's going back
- 14:32seven years, seven to eight years now
- 14:34when I was at uh Hyperana than it before
- 14:37it was acquired by Altrix. Uh and in so
- 14:40much has changed since then, but
- 14:43testament to the co-founders and and
- 14:45Natalie the co-founder and CEO was
- 14:47amazing to work with and a really smart
- 14:48team there.
- 14:49>> They had a really clear vision that was
- 14:50ahead of the market. So what you're
- 14:52seeing today a lot with vendors today is
- 14:54what Hyperana was working on and selling
- 14:58seven years ago.
- 14:59>> Um there was a bit of ETL required to uh
- 15:02to transition between uh the data set
- 15:05that a customer typically has and to
- 15:07extract like natural language insights
- 15:10for every business user which was the
- 15:12premise of of Hyperunner. Um but super
- 15:14smart team um ahead of its time. uh so
- 15:18much has changed yet I still think that
- 15:20there is a bit of a gap with the
- 15:22everyday business user still having to
- 15:24rely on dashboards and reports and
- 15:27without having easy access to insight.
- 15:29So I still think there's a there's a big
- 15:31opportunity to continue developing that
- 15:34space.
- 15:35>> Um your colleague Carlos uh went
- 15:38semiviral on a podcast that I adore and
- 15:41love called 20VC talking about the high
- 15:43performance culture at 11 Labs. But
- 15:46you're really passionate about yes, high
- 15:48performance, but I read that you're
- 15:50you're also interested in sustainability
- 15:53and enjoyment. Can you tell me h how
- 15:55both? How can you be high performing and
- 15:57also sustainable and also maybe even
- 16:00enjoy your life? Like how?
- 16:01>> Sure. Yes. Yes. Um I was going to ask
- 16:03you what sort of sustainability we
- 16:05talking about here on the but I I know
- 16:07what you're saying. Yes. Absolutely. So
- 16:08yes, Carlos has had some quite some
- 16:11viral moments in some of his on some of
- 16:13his podcasts. Like I think the and you
- 16:16may have heard or people may have seen
- 16:17the the 20x their quotota like 20 20x
- 16:21salary for quotota.
- 16:23>> Explain that too just in case people
- 16:25don't understand. So they've got a 100k
- 16:27salary.
- 16:29>> Yeah. So I I'll clarify this. So it's a
- 16:31base salary 20x of your base salary. So
- 16:34typically an enterprise AE might have a
- 16:3750/50 split of base and variable for
- 16:40their salary package. So if someone has
- 16:42100k as their base, then their quotota
- 16:44would be 20x that. So $2 million.
- 16:47>> Yeah.
- 16:47>> Uh so that's what we're referring to
- 16:49here. But I think there's a couple of
- 16:50things if we if we strip this back that
- 16:52we look for. And firstly, in many ways,
- 16:5511 Labs has the growth story has
- 16:58rewritten along with other companies as
- 17:00well, not just 11 Labs, but rewritten
- 17:01the way that a fast growing tech company
- 17:05grows uh to get to I think at the point
- 17:09uh roughly 400 million ARR with or sorry
- 17:12400 million ARR with roughly 400
- 17:14employees. Those multiples are wild
- 17:18compared to your more legacy SAS
- 17:21organizations.
- 17:23So if you are joining 11 Labs or really
- 17:26any other fast growing tech company
- 17:27today, if you're not having a view of at
- 17:30least 3, four, 5xing yourself, uh then
- 17:34you probably shouldn't be there. And for
- 17:36us, we like to use 11. So I'm going to
- 17:37say 11xing yourself. Um but that's
- 17:40really one of the traits that we we look
- 17:42for. Uh we're looking for the best of
- 17:44the best. Uh but we also look for people
- 17:47who are at a time in their career that
- 17:50see the opportunity ahead of us in the
- 17:53next few years and genuinely see the
- 17:56opportunity for this to be a career
- 17:58defining role for them and to you know
- 18:01you hear the the saying of do the best
- 18:03work of their lives or the best work of
- 18:05your life. Um which is yes that's a
- 18:08little bit cheesy but that's genuinely
- 18:10what you what you want to have. But I
- 18:12would also add to that is that you want
- 18:13people that see the moment and the
- 18:16opportunity ahead of them and genuinely
- 18:19are in a position life-wise where they
- 18:21say, "Right, this is my career defining
- 18:23role. This is going to be the most
- 18:25successful role that I ever have and I'm
- 18:28going to put absolutely everything into
- 18:30it." That's the type of person that we
- 18:32want. So it talks to that I think a lot.
- 18:34It also talks to the success that we've
- 18:36had and the signals from the market. I'd
- 18:40also say that we are moving up segment a
- 18:44little bit with the to the enterprise
- 18:46segment where we've had a really strong
- 18:48PLG motion that has already gone up
- 18:51segment but we're just doubling down on
- 18:53up segment as well. Um so I'll give you
- 18:55my take on the sustainability element of
- 18:57this because uh coming from different
- 19:01types of organizations and where you'll
- 19:03see a lot of I I would say a legacy
- 19:06traditional approach to sales pressure
- 19:09of performance which is u pressure from
- 19:12the top down. Every quarter is the most
- 19:15important quarter in the company's uh
- 19:18history. Every month is the most
- 19:20important month. Uh that's great. every
- 19:23week is the most important week. Every
- 19:24deal is the most important deal. That
- 19:26that only gets you so far. Um, and I'm
- 19:29not suggesting that you you shouldn't
- 19:31have uh pressure in an organization. Um,
- 19:35but that has diminishing returns over
- 19:37time and it's hard to continue to
- 19:39replicate, right? It's not sustainable.
- 19:41If you think about a um a personal
- 19:44trainer and someone who performs really
- 19:47well when uh on the Monday mornings when
- 19:50they have their onetoone with the
- 19:51personal trainer, they always turn up,
- 19:53right? Because their personal trainer is
- 19:55going to be there and the personal
- 19:56trainer to get the best out of that
- 19:58person is is yelling or shouting at
- 20:00them, right? And of course they have an
- 20:01amazing training session. uh we want the
- 20:04people that are intrinsically motivated
- 20:07that train like that no matter what day
- 20:10of the week it is and whether or not the
- 20:12personal trainer is there. So in
- 20:15practice like how does that actually
- 20:16work? The first thing I look for
- 20:19personally is that I the the example I
- 20:23mentioned before. So, are they at a
- 20:24point in time where they recognize, hey,
- 20:26I'm going to go all in on this because
- 20:28there's an opportunity here for this to
- 20:30be the most successful role of my
- 20:32career. That is number one that I'll
- 20:34look for. Uh number two is a personal
- 20:38connection to the mission. I think
- 20:41that's really important as well. If you
- 20:43don't fundamentally believe in the
- 20:47impact that your technology can have on
- 20:49customers and the impact it can have on
- 20:52their customers, if you're not all in on
- 20:54that, then you're in the wrong space.
- 20:56And when you when you get people that
- 20:58are like that, it oozes out of them,
- 21:01right? So when they're speaking to
- 21:03customers, it's it's very obvious. So
- 21:06that that passion is is very important.
- 21:09Uh and that's infectious as well, right?
- 21:11that's infectious throughout the team
- 21:12but also every time you meet with a
- 21:14customer or a partner or a potential
- 21:16customer. So I look for finding the
- 21:18right people at the right time. I will
- 21:21also look for a personal connection to
- 21:24the mission and then I will allow a lot
- 21:29of self- selection
- 21:31from an A. Let's just take an AE as an
- 21:33example. Um typically it is okay AE
- 21:37comes on board. uh they start you get
- 21:39you give them their quota in this case
- 21:41it might be 20x right
- 21:43>> which can be which can be scary which
- 21:45can be daunting and you look at it and
- 21:46think how am I going to get there
- 21:48>> but before even doing that I'd be
- 21:50sitting down um with said AE who has
- 21:54kind of just started gone through
- 21:55onboarding and we give them a challenge
- 21:59to think about if I could 11x myself
- 22:03what is the possibility that I could get
- 22:05to so what is the art of the possible
- 22:07here. So go away Georgie as an AE and
- 22:10think about if everything went right and
- 22:13I 11xed myself and I had support from
- 22:15all pockets of the organization and
- 22:17everything went really well. Where could
- 22:19you get to? And I would like you to come
- 22:22back and self- select a a bit of a crazy
- 22:27scary stretch goal is something that you
- 22:29look at and say, "Oh, that's that's
- 22:31really challenging, but it's
- 22:33achievable." But you select that, right?
- 22:36And then we work together to co-design a
- 22:38path there. That path needs to be like a
- 22:42and have clarity on how to get to that
- 22:43path. And once you do that, you then
- 22:46have someone who is all in on doing the
- 22:50best work of their life. Uh they are
- 22:53connected personally to the mission
- 22:54which oozes out of them. Uh you also get
- 22:58uh a self self-deterministic
- 23:01um outcome for a stretch goal. Um and
- 23:05then you get as a result of that you
- 23:07have ownership and accountability and
- 23:11you have intrinsic motivation for the
- 23:13individual long-term to get to that
- 23:15goal, right? And it's not it's not just
- 23:18necessarily smooth sailing from there. I
- 23:20wish it was as simple as that, of
- 23:21course, but your role or my role starts
- 23:24to become a little bit different.
- 23:27um rather than every week bringing up a
- 23:31dashboard and saying, "Hey, you haven't
- 23:32got this." And you're you're pressuring
- 23:35those pressure tactics, it is a little
- 23:37bit different. There's intrinsic
- 23:38motivation and lots of studies will show
- 23:40you that intrinsic motivation always
- 23:43beats the external motivation.
- 23:44>> Oh, totally. Like if you have a personal
- 23:46trainer that yells at you to get into
- 23:48shape, does it feel the same as you
- 23:50being like, I have a goal and this is
- 23:52the goal I want and I'm going to fight
- 23:54for it. It also reminds me of like think
- 23:57of those amazing portfolio careers,
- 24:00right? They were at PayPal at this time.
- 24:03They were at Stripe in the early days.
- 24:05Like if that doesn't set you on fire of
- 24:08like, oh man, I wish I was there at that
- 24:10time and this is the chance to be there
- 24:12at that time and you're kind of not
- 24:14excited by that possibility.
- 24:17>> Exactly. And you can you can see you can
- 24:18see that straight away, right? Yeah. And
- 24:20then then the goal from there is your
- 24:22role or my role from there is uh there's
- 24:26going to be ups and downs right along
- 24:27the way but there is there's there's
- 24:31then there's coaching and I'm I'm
- 24:32essentially acting as a consultant.
- 24:34Yeah.
- 24:34>> And trusted adviser of the team members
- 24:38that to you know not only that but then
- 24:40I'm just an extension of their team
- 24:42>> right and the best AES will they're a
- 24:45quarterback but they've got an army of
- 24:48people working with them. you you cannot
- 24:50be a solo operator AE in this day and
- 24:53age because you you can't 11X yourself.
- 24:56So I become an extension of of the
- 24:59selling team um as do as does the
- 25:02founder uh of the organization as do um
- 25:06the cross functional resources that you
- 25:08have globally. Uh and I'm consulting and
- 25:11coaching along the way and I'm there
- 25:13through the ups and the downs. Uh and
- 25:15the last thing I'll say is like a real a
- 25:17really strong focus on a weekly cadence
- 25:21which is very much progress uh driven.
- 25:24So whatever project you have big project
- 25:26you have or it might be a big deal that
- 25:28you're working on whatever your
- 25:30strategic like big rocks or big bets are
- 25:33it is a really strong focus on weekly
- 25:35progress so that you're like inching
- 25:38inching up the mountain in the scenario
- 25:40where you've got a big enterprise deal
- 25:41for example. all those number of roles
- 25:43that you have available. I hope they
- 25:45listen to that and they nailed the
- 25:47interview because there's no excuse.
- 25:48Now, let's talk about how 11 Labs first
- 25:52started. I found this really lovely. Uh,
- 25:55two Polish guys frustrated by badly
- 25:57dubbed American films. First of all,
- 25:59true or not true?
- 26:00>> True.
- 26:00>> Amazing. I also do my best work when I'm
- 26:03super frustrated and angry. Tell like
- 26:06how successful are you guys now? Humble
- 26:09beginnings. Well, firstly on the dubbing
- 26:11that dubbing story is really
- 26:12interesting. I personally I can't even
- 26:16watch a movie that has that's not not
- 26:19only that it's not dubbed even if it's
- 26:20just an English movie that's if the if
- 26:22the timing is slightly off.
- 26:25>> That just that grinds my gears, right? I
- 26:27I cannot even watch it.
- 26:28>> So I feel for the co-founders.
- 26:31>> Yeah, exactly. Can you imagine watching
- 26:33a badly dubbed movie? And not only that,
- 26:37they because dubbing is actually quite
- 26:39expensive uh to rep to to produce with
- 26:43voice with with real humans. Apparently,
- 26:45what they used to do is just have one
- 26:48person dubbing an entire film.
- 26:50>> Oh my god.
- 26:51>> So, can you imagine not only watching a
- 26:53dubbed film, but watching a dubbed film
- 26:56where you only have one person doing the
- 26:58dubbing? So, for every voice, just one
- 27:00person.
- 27:00>> Um,
- 27:01>> can't imagine. But yeah, it's a really
- 27:03it's a really interesting uh founding
- 27:06story. Uh and the guys are geniuses. But
- 27:09back to your point about how how
- 27:11successful are we uh we have recently
- 27:14announced we've passed 500 million in
- 27:16ARR within 4 years which is crazy crazy
- 27:21growth especially as I mentioned before
- 27:24for the number of employees that we
- 27:26have. Uh that's crazy growth. Uh, and I
- 27:29think what's even crazier is it feels
- 27:32like, and I'm only four weeks in, right?
- 27:33But it feels like we're only just
- 27:35getting started
- 27:37>> and the progression from being the, you
- 27:41know, what's what we're known as the the
- 27:43world's leading voice AI platform to the
- 27:47end toend voice AI agents platform. Uh,
- 27:50that's a really and that's our fastest
- 27:52growing part of the organization and
- 27:53that's where we're spending most of our
- 27:55time with with customers today. and the
- 27:58addressable market there is is enormous.
- 28:00Uh so yes, we've been successful to date
- 28:04globally. I'm excited to bring that to
- 28:06Australia and New Zealand to expand on
- 28:08what we have today, but in many ways it
- 28:11feels like well I've only just got
- 28:13started but it feels like we as a
- 28:15company are just getting started.
- 28:16>> I keep seeing hockey stick curves and
- 28:18they're never actually hockey stick
- 28:19curves and this is like you are on that
- 28:21tippy tip part of the the hockey stick.
- 28:25>> Yes. Uh, how how do you think Aussies
- 28:29will respond to voice AI? Like we've
- 28:31touched upon it a little bit. Um, it
- 28:34kind of reminds me of robotics almost.
- 28:36It's like when you talk about the
- 28:38incredible use cases, amazing, but
- 28:41what's the initial reaction to voice AI
- 28:43and and how how do you go to market with
- 28:46it?
- 28:47>> Well,
- 28:48in many ways, a lot of people, I think,
- 28:50have been burnt a little bit by voice AI
- 28:53because AI.
- 28:54>> Yeah. Well, exactly right. And if you
- 28:56think if you going go back right back to
- 28:58like 80s and '9s,
- 29:01uh, and even Alexa and the like, there's
- 29:04been implementations of voice AI, most
- 29:08of them sound really robotic. And even
- 29:10if it doesn't quite sound robotic, the
- 29:13ability to interact with it as you would
- 29:16a human has been non-existent for a long
- 29:19time. So there is certainly an education
- 29:23piece that um unless you're in the
- 29:25space, right? If you're in the space,
- 29:27it's a little bit different. But what's
- 29:28interesting is uh execs and business
- 29:31leaders
- 29:33uh that's the opinion that they have for
- 29:35the most part, right? They're thinking
- 29:37about the the Steven Hawking voice or
- 29:39the bad Alexa experience. Uh and
- 29:42everyone's had that experience probably
- 29:44with with voice AI to some degree where
- 29:46it's that robotic experience. Um, so
- 29:49there's a big education piece I think in
- 29:51in the market and there's a there's
- 29:53really a penny drop moment where when
- 29:56you demo an experience which is
- 29:59genuinely humanlike it is expressive
- 30:04uh and you can feel like you can have an
- 30:06interaction that is it's it's not the
- 30:08same as a human, right? Because how
- 30:10we're sitting with each other right now
- 30:12is is going is always going to be
- 30:14different, right? If you think about if
- 30:16we were doing this even if we were doing
- 30:18this virtually over Zoom or Google Meet
- 30:21for example even that would be a
- 30:23different experience for sure right so
- 30:24there is there is that element of human
- 30:27of humanness that will never be
- 30:30completely replaced but we have gotten
- 30:32so far with progression of the
- 30:34technology where you can genuinely have
- 30:37an extremely expressive humanlike
- 30:40experience and conversation with AI. So
- 30:43I think a big part of it is is the
- 30:46education.
- 30:47>> The technology is there today. The
- 30:51challenge is
- 30:53very once you get down into the detail
- 30:55and the edge cases and the nuance to do
- 30:57something at scale and to have it with
- 31:00low latency that's where it becomes
- 31:02really challenging like it's a really
- 31:04challenging problem to solve and that's
- 31:06why uh we have launched in region
- 31:08because customers are either solving
- 31:12this right now or attempting to solve it
- 31:15and it's a matter of where do we get to
- 31:18that is good enough to go into
- 31:20production
- 31:21where we're not actually.
- 31:29>> Yeah, that's classic startup, right?
- 31:30Like we have to get to market, but you
- 31:32know, if you wait too long, you've
- 31:34missed it. So, speaking of the
- 31:36challenges, it reminds me, you know, we
- 31:39want it to be perfect. We want it to be
- 31:40exactly like a human conversation, but
- 31:43then you get accused of, well, now it's
- 31:45uncanny valley. Do you want to talk a
- 31:47little bit about voice cloning and and
- 31:50where where the ethics come into to
- 31:53having Michael Kane's voice or Lawrence
- 31:55Olivier's voice? How do you guys address
- 31:57that and have voices on the platform?
- 32:00>> Yeah, a great question. So, safety and
- 32:03uh ethics is really really important to
- 32:05us and just like with any technology uh
- 32:07that progresses to a point especially
- 32:09when you're thinking about AI, you need
- 32:11to be really careful about how it's
- 32:12deployed. Um we have voice verification
- 32:15on the platform. Uh we there are there
- 32:18is um lots of safeguards that we have in
- 32:20place. Um so it's incumbent upon the
- 32:23vendor but also the the company to make
- 32:24sure that they're getting it right as
- 32:25well, the customer who is actually
- 32:27deploying. Um so safety uh and
- 32:30verification and following those
- 32:32protocols and guardrails is is is really
- 32:34important.
- 32:35>> How did you get the certain voices like
- 32:38how do you how
- 32:41>> Yeah. So for celebrities for example, we
- 32:42have partnerships with celebrities.
- 32:44>> Wow.
- 32:45>> Um that recognize uh the tech for good
- 32:48element of this.
- 32:50>> Um we also have an amazingly successful
- 32:53voice marketplace where uh voice actors
- 32:57or anyone really uh can do a
- 33:00professional voice clone, upload it to
- 33:02the platform, and as a customer you get
- 33:04this amazing library of all different
- 33:06voices uh to choose from. So I actually
- 33:09to help me prepare for this
- 33:11conversation, I actually built a very
- 33:13quick easy voice AI agent just to do a
- 33:17bit of prep, right? And so I just chose
- 33:19a voice. Now I can't go and I can't go
- 33:22and uh clone your voice
- 33:25>> um without your consent. So consent is
- 33:27really important here. Uh so I wouldn't
- 33:29go and do that because I would need your
- 33:31consent or you would actually need to go
- 33:33and upload your voice for me to use on
- 33:35the on the platform. But the reason why
- 33:36that's interesting is, you know, voice
- 33:39actors who are probably, you know, not
- 33:42as in demand for work as maybe they used
- 33:45to be. This gives them an opportunity to
- 33:48uh to earn money on the platform for
- 33:49every time their voice is used, which
- 33:51which might be for a product
- 33:53demonstration video or it might be for
- 33:55an audio book using their voice. And
- 33:57there's some amazing stories about um
- 33:59these voice actors who are in the top 10
- 34:01voices for 11 Labs and come up to the 11
- 34:05Labs team at one of the events and
- 34:06saying, "Hey, like my life has changed
- 34:08because I've got I'm number three on the
- 34:10platform and now I'm making X amount of
- 34:12money through this." So on the tech for
- 34:14good side, uh that's some really great
- 34:17stories there.
- 34:17>> That's brilliant. I'm thinking of um
- 34:20some audio books that I've listened to
- 34:21and I just didn't like the voice. I'd
- 34:23love to just swap that out. Yeah, great.
- 34:27Michael Kane.
- 34:28>> Yeah, Michael Kane.
- 34:30>> Okay. And how much how much do you need?
- 34:33You know, I've got if if if I gave
- 34:36permission, I've got a library of
- 34:38podcast videos. I've got hundreds of
- 34:40hours. How much do you need to fully
- 34:42encompass someone's voice on the
- 34:43platform?
- 34:45>> Yeah. So, there's a a minimum of 30
- 34:48seconds just to get something that
- 34:51sounds similar to your voice. And it's
- 34:54actually pretty impressive what you can
- 34:55get with just 30 seconds. So there are
- 34:58unfortunately lots of circumstances
- 35:00where you know people lose their voice
- 35:02or their ability to speak in life and
- 35:06occasions where if you didn't really see
- 35:07that coming or you didn't plan ahead
- 35:09you're not going to do a professional
- 35:12voice voice clone of course but you can
- 35:14actually there's been many stories of
- 35:15people going back through old voicemails
- 35:17>> or maybe it's a wedding speech that was
- 35:19caught on camera and to be able to use
- 35:21that even if it's just 30 seconds to
- 35:24create a similar voice. Um, that is a
- 35:27voice clone. Now, that's the that's the
- 35:29bare minimum, right? We would recommend
- 35:3260 seconds, you know, one one to two
- 35:35minutes.
- 35:35>> So, not much.
- 35:36>> Yeah. Well, just to get something that
- 35:37is
- 35:38>> similar, right? It's it's similar. So,
- 35:40you can hear it being played back.
- 35:42>> Uh, and you can hear, okay, that's my
- 35:44voice. But to do a professional voice
- 35:46clone, we uh we recommend 1 to two
- 35:49hours.
- 35:50>> Yeah.
- 35:50>> Uh, and that is recorded audio of high
- 35:53quality audio. Right. So, if we're in a
- 35:56room like this, we could spend one to
- 35:57two hours and that's where you get the
- 36:00genuine voice clone.
- 36:02>> Um, so yeah, it's it's almost like think
- 36:04about it as a
- 36:06>> as I don't know, an artist that is uh
- 36:09painting a portrait of you. If they
- 36:11spend 30 seconds looking at you and then
- 36:15you run away and I'm doing the the
- 36:16painting, I'm a terrible artist, by the
- 36:18way, so I would not I would not It would
- 36:19look nothing like you.
- 36:21>> That would look like, you know, it would
- 36:23resemble you to a degree, right? if they
- 36:25spent two minutes with you, they would
- 36:26have a better mental picture and then to
- 36:28do a proper portrait. But if they spent
- 36:30a few hours with you and actually um
- 36:33painted the portrait in its entirety
- 36:35whilst you sat there for 2 hours,
- 36:37>> that's going to be far more similar. So
- 36:39that like think about it in that
- 36:40analogy, you get yeah 30 seconds as a
- 36:42minimum, but to get a proper
- 36:44professional voice clone um one to two
- 36:46hours of high quality audio.
- 36:48>> That makes sense. Like you know even the
- 36:50way people laugh is very unique and
- 36:52things like that.
- 36:53>> Yes.
- 36:53>> Incredible. That's still so much less
- 36:55than I would have assumed. Um, okay.
- 36:59Listeners might be wondering, what about
- 37:01scammers? I have given permission. I
- 37:03have put my voice on the platform and
- 37:06now, um, a scammer has used that and is
- 37:10calling up my sister, help bail me out.
- 37:13I need money or something. Of course,
- 37:15there's going to be headlines about
- 37:16this. What are you thinking around voice
- 37:19AI in general and being used in
- 37:21nefarious ways? So again the position on
- 37:2411 lab from 11 Labs perspective is very
- 37:26strong on this that we want to do
- 37:27whatever is like possible within you
- 37:30know within reason uh to not only
- 37:33prevent things like this happening but
- 37:34also uh for detection and then shutting
- 37:38something down if something does happen
- 37:40right so that's we have a safety team um
- 37:42that handles that so we're cognizant of
- 37:45the importance of that
- 37:46>> with any technology that has the ability
- 37:49for misuse that's the reality of it and
- 37:53as I mentioned before it's incumbent
- 37:54upon the vendor but also the company and
- 37:57the customer whoever's involved and all
- 37:59of society really for us to be
- 38:01safeguarding ourselves around that. Um
- 38:04I'd say to your example, right? Firstly,
- 38:07an education piece.
- 38:09>> Yeah.
- 38:09>> Which would just gradually which will
- 38:11happen gradually over time.
- 38:13>> We all know not to respond to the
- 38:16Nigerian prince email. Yes. Right.
- 38:19>> Yes. Caught out a few time. I'm kidding.
- 38:21I wasn't. Yes.
- 38:22>> Uh we all know not to respond to that.
- 38:25Uh so I think it's some similar
- 38:27education in the market that you know
- 38:29once voice AI becomes a little bit more
- 38:32ubiquitous that um there is some
- 38:34education in the market just to
- 38:36understand that hey I do need to be a
- 38:38little bit careful just like we do for
- 38:40any AI with with deep fakes. So I think
- 38:43that's that's a component of it. Um but
- 38:46there's also some common sense right? uh
- 38:49if your sister in this scenario was
- 38:52calling you, you would like to think
- 38:54that you would pick up, right? So on one
- 38:56hand, it's going to be
- 38:58>> it's going to be humanlike
- 39:00>> and it's going to be expressive and
- 39:01we've come a long way.
- 39:03>> On the other hand,
- 39:05>> you know, in that scenario, you should
- 39:07be able to pick up or hang on,
- 39:08something's not something is not quite
- 39:10right here. Uh, and even think about
- 39:13like I actually find this quite
- 39:14annoying, but when I think almost every
- 39:17banking app right now is even though
- 39:20you've face IDed, right, and you go to
- 39:23transfer money to someone or pay for
- 39:25something and they treat you like you're
- 39:28>> you're an idiot, right? Or or you're an
- 39:30idiot. It's like, okay, you you have to
- 39:32like select the use case. Why am I doing
- 39:34this?
- 39:35>> Is this really you? Is this So there's
- 39:37so many like safeguards in place.
- 39:39Unfortunately, because of scammers and
- 39:41fraud, we have to go down that path. So
- 39:44hopefully that will just continue like
- 39:46the the market will be self-educated to
- 39:48a degree. But it is a concern, right?
- 39:50And I I I'll talk to another use case
- 39:53from a customer that is quite pertinent
- 39:56to this this topic. We have a customer
- 39:58using our voices to u provide a service
- 40:02to uh some of the largest banks and
- 40:05telos in Australia which is almost like
- 40:08a reverse dodo type of use case. So what
- 40:11I mean by that is like in practice if
- 40:14let's say you call someone let's say
- 40:16you're a scammer. Okay let's let's play
- 40:18this out right
- 40:19>> crazier things have happened. Yes I'm a
- 40:20scammer roll. Yep. Uh, so you call up
- 40:23and you try and obtain, you call up a
- 40:25bank, one of the big four banks, and you
- 40:27try and obtain some information. Let's
- 40:29say you've got an email address from
- 40:30someone or you found some information
- 40:32online. You're trying to impersonate me.
- 40:35Uh, so you try and access my account.
- 40:37Uh, the bank of course has training and
- 40:39procedures in place to recognize, hey,
- 40:41this Georgie character a little bit
- 40:43shady, right? This phone call is a
- 40:45little bit dodgy
- 40:46>> and I think this is this is fraudulent,
- 40:48right? This is a scam. So you would then
- 40:50get handed off to this voice AI platform
- 40:54which is using 11 Labs technology um as
- 40:56part as part of their technology u which
- 40:59then keeps you on the line for as long
- 41:01as possible plays along right and
- 41:06gathers as much intel as possible on you
- 41:09and what you're trying to do to help
- 41:12build safeguards in place so it prevents
- 41:16uh fraud. So really interesting.
- 41:18>> That's fascinating
- 41:19>> use case there.
- 41:20>> It reminds me of, you know, the James
- 41:21Bond movies. It's like they're trying to
- 41:23figure out where your location is so
- 41:24they keep you on the line as long as
- 41:26possible so that they can figure out
- 41:28where to torpedo. That is fascinating.
- 41:31Actually, you might find this
- 41:32semiinteresting. We had a podcast guest
- 41:35who had a very successful exit, 180
- 41:38million or something, and he he said on
- 41:41the show he's written down a specific
- 41:44password. No one's allowed to talk, but
- 41:46he's given it to his boomer parents and
- 41:48said, "If you get a call from me, cuz
- 41:50he's got a podcast himself, and it
- 41:53sounds like me and it sounds like I need
- 41:55something or want something or whatever,
- 41:57this is the special safe word." Um, and
- 42:00you can't say it out loud cuz who knows?
- 42:02He's he's a little paranoid, but but
- 42:04isn't it fascinating that people are
- 42:06starting to re-educate their friends and
- 42:08loved ones and family members?
- 42:09>> Well, now that you've said it on the
- 42:10podcast, uh hopefully they don't track
- 42:12down that house. Thankfully, he didn't
- 42:14write it down. Um, but yes, imagine.
- 42:17Imagine. Yeah. I'm like, is it which
- 42:18drawer is it? And Yeah. Yes. Exactly.
- 42:21>> Yeah. Yeah.
- 42:22>> I love I love that it's just written
- 42:23down on a piece of paper like going
- 42:24through with all the technology we have
- 42:26and just like
- 42:27>> Yeah.
- 42:27>> This is the thing though because with
- 42:29passwords in in folders and things,
- 42:32things can get hacked.
- 42:33>> Yeah. All the Bitcoin stories about
- 42:35>> Exactly.
- 42:37>> Yeah. Exactly.
- 42:39>> Fascinating. Um, and last question on
- 42:41this. When it comes to music, everyone,
- 42:44you know, we were even talking just
- 42:45before recording, that's what people
- 42:47remember when it comes to AI and sound
- 42:51is um, you know, artists that have since
- 42:55passed away love to hear an Elvis song
- 42:58or or, you know, there's you you
- 43:01mentioned is it creating from scratch or
- 43:03is it re reimagining existing work? Can
- 43:07you talk to me a little bit about this
- 43:08space and are you guys in the music
- 43:10space as well? We are through our 11
- 43:12creative platform. Thanks for the plug.
- 43:15Um so we have we have essentially three
- 43:17parts of the platform. 11 API, 11
- 43:19creative, and 11 agents. Um but the 11
- 43:21creative platform um is designed to do
- 43:24um just that. You can create there's
- 43:26lots of use cases where you're not
- 43:28necessarily going to go and procure a
- 43:31new song or you're going to have humans
- 43:32create a new song. It could just be for
- 43:34a product video and you can create your
- 43:36own music like um create me this and
- 43:39it's going to create you the music,
- 43:40right? So that's part of the part of the
- 43:41platform.
- 43:42>> Um, back to your question, Elvis, right?
- 43:45Elvis, thankfully Elvis has lots of
- 43:46songs. If you want to listen some Elvis
- 43:48songs,
- 43:49>> um, but I think there's two, yeah, there
- 43:50is two parts to this. One is the
- 43:52technology that I find incredible
- 43:54that's, you know, that I think we're
- 43:56seeing a lot of advantage from right now
- 43:59is the ability to take something that
- 44:02has previously been recorded and it
- 44:04could be an artist like a Tupac or a
- 44:06Biggie Smalls or a Kurt Cabain. I'm
- 44:08thinking about all the artists who have
- 44:10been really successful and popular but
- 44:12have died early, right?
- 44:13>> And to to to grab previous recordings,
- 44:16maybe some unreleased edits and to
- 44:19create uh whole new tracks um and songs,
- 44:23of course, with consent of um whoever is
- 44:27managing their estate, right, is is uh
- 44:30really valuable to and amazing for fans
- 44:34and music lovers alike.
- 44:35>> Um provided it's a it's a nice song,
- 44:37right? So that's I think that's really
- 44:39interesting technology that I think has
- 44:42incredible value.
- 44:43>> Who would you want? Who would you be
- 44:45who'd be on your bring them back list?
- 44:49>> I would say I would say Kurt. I find I
- 44:52find Kurt really really interesting and
- 44:54intriguing. I'm a sucker for uh haunting
- 44:58painful voices in music.
- 45:00>> Seattle vibes.
- 45:01>> So I love like the the I love the
- 45:03Unplugged in New York album for example.
- 45:05Um but anyway I think there's I think he
- 45:07died at 27. That's like sort of that
- 45:08golden age where you need to make sure
- 45:10you get past.
- 45:11>> Um, so I would say Kurt
- 45:13>> uh is my answer to that.
- 45:15>> Yeah.
- 45:15>> Yeah.
- 45:16>> Let's talk about enterprise companies
- 45:18because normally when I think of AI and
- 45:20speed and um disruption even
- 45:26think of enterprises on the opposite
- 45:28end, you know, um perhaps you know less
- 45:33open to change and disruption. What what
- 45:37are you finding and before that you've
- 45:40worked at Salesforce, you've worked at
- 45:41Newscore. Do you think these companies
- 45:44can adapt to this time in AI and what
- 45:47what would be the signs that that you
- 45:49think that they're on the right path?
- 45:51>> Bit to unpack here. So I'll you might
- 45:53have to remind me of the second part of
- 45:54that question because I'll go I'll dig
- 45:56into the first one first.
- 45:58Look, I think Australia is a really
- 46:00interesting market where it's obviously
- 46:04a relatively small market compared to
- 46:06other regions in the world where for the
- 46:08most part there's two or three sometimes
- 46:11four big players in every industry
- 46:13vertical and sure there's some
- 46:15challenger or digital brands underneath
- 46:16that but with that um it means that
- 46:20there's a lot of safety and security of
- 46:24being in that top three top four Uh, and
- 46:28lots of those organizations, if you go
- 46:30back through the last 10, 20, 30 years,
- 46:33you know, going back in the day, they're
- 46:34buying lots of IBM, they're buying lots
- 46:36of Microsoft. There's lots of safe bets
- 46:39those organizations can make and have
- 46:42made in the past. On one hand, I'll say
- 46:44that I think what you're seeing with
- 46:46Genai is the I think it is shifting. The
- 46:50market is shifting in my observation. I
- 46:52referenced before the the example where
- 46:55little proof of concepts sort of go to
- 46:57die in one pocket of the organization
- 46:59because with all with with great intent
- 47:01it gets a little bit too hard basket. Uh
- 47:04my observation is and speaking to
- 47:06customers is that is changing over time.
- 47:09There are lots of really progressive uh
- 47:12CTO's CIOS out there in the market. I
- 47:15think part of the challenge is that the
- 47:18um reluctance to uh to really go for an
- 47:22edge use case or to do something
- 47:24different or unique means that if they
- 47:26get something wrong the impact is for
- 47:29their personal brand but also for the
- 47:30organization can be quite damaging and
- 47:33we've seen examples um with AI chat bots
- 47:36and voice AI even recently where um that
- 47:39has that has been the case. So I think
- 47:42that that is a that's a challenge but I
- 47:44think we're seeing a bit of a shift in
- 47:45the market where organizations have gone
- 47:47from hey let's try this over here if it
- 47:50doesn't work that's all right let's
- 47:51continue to actually we really recognize
- 47:55that if we let's take a contact center
- 47:57for example I think there's a
- 47:59recognition in the market that the
- 48:01customer experience there's two parts to
- 48:03this the customer experience of calling
- 48:06or getting a call from a call center I
- 48:09think we could all agree is subpar for
- 48:13the vast majority, right? That's not
- 48:15that's maybe putting it nicely. Okay.
- 48:18>> Um and with that, not only is it subpar,
- 48:20but there's a huge exorbitant cost to
- 48:23having a contact center, especially if
- 48:26it is onshore. And sometimes that's just
- 48:28an outsourced function that is offshore.
- 48:30But even so, uh it could be $3 to4
- 48:34Aussie for a phone call, right, to
- 48:37handle one of these customer inquiries.
- 48:40And most of the time the customer
- 48:42inquiry is probably not even complex
- 48:44enough to warrant having that
- 48:46conversation.
- 48:47>> Now this is an area where there is
- 48:50clearly everyone would agree lowest
- 48:52hanging fruit for for voice AI. Uh my
- 48:56observation is that like voice AI will
- 48:58complement right will complement humans
- 49:01in a call center. There is a absolutely
- 49:05a requirement and a need for humans to
- 49:08persist in the customer experience. But
- 49:11there is underneath that like that's the
- 49:13the high level u really important VIP
- 49:16touch point or complex case which is
- 49:18humor. But really when you start peeling
- 49:20back underneath that, you start to get
- 49:22to the area where you can actually scale
- 49:25of significance and provide a better
- 49:28customer experience which should be the
- 49:31end goal at a fraction of the cost.
- 49:34Having said that, there is a lot of um
- 49:37there I think there's a sentiment in the
- 49:40media and the public that any
- 49:42organization who looks to repurpose
- 49:45staff um by implementing AI, that's a
- 49:50really dangerous path I think publicly
- 49:51for organizations to go through. So what
- 49:53I'm observing at the moment is an
- 49:55interesting time in the market where the
- 49:58technology is now there to not handle
- 50:00every use case but to complement humans
- 50:04yet I think there is you know there is a
- 50:06really high bar that companies in
- 50:09Australia and New Zealand have when it
- 50:11comes to getting it right because the
- 50:12ramifications of getting it wrong are
- 50:16probably disproportionate to the real
- 50:19life to in my opinion what the
- 50:21ramifications should
- 50:23100% agree. It's like this um
- 50:25intolerance for failure and we see in
- 50:28the US failure is just part of it. We
- 50:30see it in the startup ecosystem like
- 50:32yeah I'll build something else. It
- 50:34doesn't mean that I've made a a choice
- 50:37that uh makes me a bad entrepreneur.
- 50:40It's just you try things, they work,
- 50:42they don't work. I love that answer. I
- 50:44also love the way you approached it.
- 50:45This is a an old-fashioned traditional
- 50:49um enterprise type offering.
- 50:52But it's it's bad. It's bad right now.
- 50:54So the risk tolerance should be higher
- 50:58of trying something in AI and but yes
- 51:01there are some companies companies that
- 51:04that risk tolerance is low and um yeah
- 51:08hopefully I think that is changing and
- 51:10hopefully that continues to change here
- 51:12in market.
- 51:13>> Yeah and I think we'll we will get
- 51:14there. We will get there. I think that
- 51:16the first thought goes to what exists
- 51:20today with a human. But there is so much
- 51:23else to consider when you think about
- 51:26okay well it the use cases where it
- 51:28doesn't make sense just commercially for
- 51:31you to invest in humans to be doing
- 51:34something right either speaking to
- 51:36someone over the phone or engaging with
- 51:38the customer. There's so much sort of
- 51:40beneath the ice if you think about call
- 51:41center is the tip of the iceberg.
- 51:43underneath that, underneath the water,
- 51:45there's this huge remainder of the
- 51:47iceberg where voice AI can add so much
- 51:51to a customer experience. And I think
- 51:53we're going to get there pretty quickly
- 51:54where, you know, everyone's playing with
- 51:56with with AI personally.
- 51:58>> Yet, I think even just going beyond
- 52:01basic Q&A still has a way to go. But
- 52:04regardless, basic Q&A, AI for basic Q&A
- 52:07and AI for agents if you're a little bit
- 52:10progressive, that is going to continue
- 52:13to proliferate around um uh individuals
- 52:16who are using it for personal life. I
- 52:17mentioned Michael Kane, our butler
- 52:19that's on the fridge. Um, very soon it
- 52:22will be normal to have your own AI
- 52:25assistant that you can speak to that not
- 52:28only gives you advice and proactively
- 52:30recommends things, but can go and
- 52:32actually take action um with your
- 52:34permission with the right guard rails of
- 52:36course. And that action will often be
- 52:39speaking or connecting with a brand or
- 52:42an organization to potentially go and
- 52:44buy something or make a change to a
- 52:46flight. And on the other end of that is
- 52:50sometimes a human but also more and more
- 52:54so will be an AI agent as well.
- 52:57>> Uh and like I'm not talking about
- 52:59anything too futuristic. Um that will
- 53:02happen. It's a matter of how quickly
- 53:05that happens but that's the experience
- 53:07that companies need to prepare for
- 53:10>> on that. There are so many uh head of
- 53:13AIS now at at enterprise like this
- 53:15didn't exist this role a few years ago.
- 53:18You are the um spokesperson for
- 53:21everything AI related. What would you
- 53:23say to those heads of AI at whatever
- 53:27enterprise company and how would you
- 53:29recommend they consider voice AI for
- 53:32their business? I know I'm being very
- 53:34broad here.
- 53:36Well, I would expect this head of AI to
- 53:39be um far more technically versed on AI
- 53:42and know exactly how to deploy than me.
- 53:44Uh but I will always come at it from a
- 53:47business lens and a business point of
- 53:49view. I think the critical thing about a
- 53:51head of AI or however AI is deployed
- 53:53within an organization is it's a
- 53:56fundamental part of the organization.
- 53:58And I've just remembered the second part
- 53:59of that question you asked me before,
- 54:00right? which we come back to. It needs
- 54:01to be a fundamental part of the
- 54:03organization and it needs to your
- 54:05organization needs to be structured in a
- 54:07way where it's not just off to the side.
- 54:09I think that's really really critical
- 54:11and as an organization this which is
- 54:13partly answering your previous question
- 54:16uh like a Salesforce which I think has
- 54:17done a good job at doing this which is
- 54:20really identifying early on that if you
- 54:22don't fundamentally
- 54:25try to build rebuild your organization
- 54:27from the ground up to be genuinely AI
- 54:30first and an agentic company then you're
- 54:34going to be left behind. Uh so I would
- 54:37look at it uh to the head of AI very
- 54:40much from a business lens
- 54:43because the AI part of it is a bit of a
- 54:46misnomer. I'd be thinking about as the
- 54:48organization at sea level as the board
- 54:51what are the business drivers that are
- 54:53going to take us from here to here in
- 54:55the next 5 years and then we look at
- 54:58okay well how are we going to achieve
- 54:59that? uh no you just simply cannot can
- 55:03no longer can you throw an army of
- 55:05people at the problem. That has always
- 55:07been really the way to you either
- 55:09acquire a new business to get into a new
- 55:11line um or you hire more AES to bring to
- 55:16market or you hire a different that's
- 55:18typically been the approach. uh we can
- 55:22no longer do that right so it is how do
- 55:24we um how can we fundamentally transform
- 55:28the business number one so we're AI
- 55:31first but secondly what do we want to
- 55:33achieve as an organization and how can
- 55:36AI power that how can AI drive that I
- 55:39would strongly urge that it is led by
- 55:41the business uh you have business
- 55:44technology and maybe AI head of AI maybe
- 55:46in between there if it's led by
- 55:49technology And the technology
- 55:51organization is a fantastic organization
- 55:53that adds a lot of value to the value to
- 55:55the company. But if it's not led by
- 55:57business, then you could get um safety
- 56:01and security and guard rails which are
- 56:03very important, don't get me wrong, but
- 56:05might override a business impact and a
- 56:08business outcome that means you get left
- 56:09behind. And even that change management
- 56:11piece like if if it's if they're in a
- 56:13silo or if they're not given autonomy to
- 56:16make change I do feel for you know nice
- 56:19role title but you don't have the full
- 56:21support of the business sometimes which
- 56:23is hard.
- 56:23>> Yeah. And it's horses for courses,
- 56:25right? There's some organizations where
- 56:28they do have like that head of AI type
- 56:30of role plays a really integral part to
- 56:32the organization that is well connected
- 56:34at every part of the organization is
- 56:35genuinely driving change and
- 56:38transformation with AI, right? There's
- 56:40others that it won't be the case. Um, so
- 56:42it's just about getting that balance
- 56:43right.
- 56:44>> Fully agree. Love how much time you've
- 56:46spent as an executive to see that. Nate,
- 56:50are you ready for the spicy part of the
- 56:52interview? The rapid fire.
- 56:54>> Absolutely.
- 56:54>> Yeah. I feel like you're I feel like
- 56:56you're warmed up now.
- 56:57>> Yep. Ready to go.
- 56:59>> Damian, podcasting is my one job. You
- 57:02guys have very realistic conversations
- 57:04on the platform that I can't tell the
- 57:07difference between real humans and
- 57:08those. Should I be looking for a new
- 57:11job?
- 57:11>> No. I'm a big believer in the craft.
- 57:14>> Okay.
- 57:14>> The craft matters and this is where the
- 57:16craft applies. So, no. Not for now. Ask
- 57:18me in 10 years again.
- 57:20>> I'll ask you in 2 years if you're still
- 57:22hiring. Is there anything about the
- 57:25Aussie market that we underell ourselves
- 57:28on? I was really mean before about like
- 57:30this inability to take on failure and
- 57:33and be okay with that. But what are we
- 57:35what are we better than we think we are
- 57:36at?
- 57:37>> I think in general we have a lot of
- 57:39amazing technology here and and
- 57:41startups. I think we need to be louder
- 57:43and prouder. I think human nature in
- 57:45Australia is to be like humble and keep
- 57:48things under wraps. I think sometimes we
- 57:49need to do the opposite.
- 57:50>> Agree. Uh is tall poppy syndrome maybe
- 57:54holding us back do you think? Especially
- 57:56in technology
- 57:58>> in society in general 100%.
- 58:01>> I think it's a bit of a scourge on
- 58:02society to be to be honest.
- 58:04>> Agree. I'm over it. So over it. What
- 58:06would you say to people that you know
- 58:09you've you've had your career in Sydney
- 58:11and an incredible career at the top
- 58:13companies.
- 58:15What what if I said oh you should have
- 58:17spent that time in the US. Do you think
- 58:18that's true or or the UK or somewhere
- 58:21else?
- 58:22>> I would firstly encourage anyone to
- 58:24travel overseas and experience that uh
- 58:26as far as like starting a company and I
- 58:28mean you don't have to physically be
- 58:30there from the start. I think at a
- 58:32certain point of time there needs to be
- 58:33an expansion into those markets. But as
- 58:36an individual, you don't necessarily
- 58:38need to make that hop. I think you can
- 58:39make it work today without having to
- 58:42physically relocate.
- 58:44>> It's surprising how controversial that
- 58:46opinion is, but I have been hearing it
- 58:48more and more from successful people in
- 58:51business and startups and the like that
- 58:53I'm well traveled. I don't know why I
- 58:55need to physically relocate. Would you
- 58:58agree with that? Again, it depends on
- 59:01the look, really it depends on the on
- 59:03the circumstance really. Uh, but I think
- 59:07you you can it's been proven you can
- 59:08have a successful Australian business,
- 59:10an Australian tech company starting here
- 59:12and staying here. You know, look at look
- 59:15at cliff and mill uh look at Atlassian.
- 59:18Clearly, there needs to be um a stake in
- 59:20the ground in the in the US at some
- 59:22point and in Europe. But how that
- 59:24happens and how you I guess uh massage
- 59:27that it can be different ways of doing
- 59:29that, right? You don't have to move
- 59:30there.
- 59:31>> Love. Hire slow, fire quick is a common
- 59:34rhetoric. Kind of wish I took that on
- 59:36two months ago myself. What are you
- 59:39looking for in this hiring phase? And
- 59:41how you don't have much time. How are
- 59:44you going to get the best talent?
- 59:47>> So, I answered a little bit of this
- 59:48before of like what we look for. Uh I
- 59:51don't think there's a hard and fast of
- 59:53this is exactly like we've got a
- 59:54playbook of how we hire, of course. Um,
- 59:56but we're looking for all the things I
- 59:57mentioned before and you can make pretty
- 59:59fast decisions. There's a technical like
- 1:00:02element that you need to pass as well
- 1:00:04for most roles. Um, but yeah, I think
- 1:00:07almost within for me within the first
- 1:00:10meeting
- 1:00:11I would say that 90% of the time I can
- 1:00:15pick whether someone is going to get to
- 1:00:16the last stage.
- 1:00:18>> Fascinating.
- 1:00:19>> Yeah. Is there any personal traits or
- 1:00:23anything they say that you're like
- 1:00:26either
- 1:00:27no way or I think they're on to
- 1:00:29something or is it a gut check?
- 1:00:33>> I shouldn't say it's a gut check.
- 1:00:35>> But there's a big let's let's be honest.
- 1:00:37The reality is when you meet with people
- 1:00:39and you have a conversation with them
- 1:00:40and you look at their experience and you
- 1:00:42you they're ticking these boxes that I
- 1:00:44mentioned before,
- 1:00:45>> I would say within the first 15 minutes
- 1:00:47of meeting with them, um you can tell
- 1:00:49whether this person is going to make it
- 1:00:50to the final stage. Not necessarily
- 1:00:52whether you will hire them, but whether
- 1:00:53they can make it to the final stage.
- 1:00:55>> Fascinating.
- 1:00:56>> Yeah.
- 1:00:57>> Last question. Which popular enterprise
- 1:01:00company may fail if they don't adopt AI,
- 1:01:03voice or otherwise?
- 1:01:05>> Oh jeez.
- 1:01:08Uh, well, that's pretty tough to answer
- 1:01:11to throw a company under the bus knowing
- 1:01:13as well that we're launching into
- 1:01:14region. We probably want to speak to
- 1:01:15them. But I I'm going to say I'm going
- 1:01:17to cheat a little bit and say give you
- 1:01:20>> an industry the BO industry. So if
- 1:01:23>> if you are not
- 1:01:25>> what's BO
- 1:01:26>> business process outsourcing?
- 1:01:27>> I don't know what that is.
- 1:01:30>> That's okay. That could be the call
- 1:01:32center example. Okay,
- 1:01:33>> that I mentioned before is is just one
- 1:01:35example of that. It's the concept of
- 1:01:37outsourcing business processes
- 1:01:40>> uh to an external organization. So, this
- 1:01:42is an obvious one. So, I'm cheating a
- 1:01:44little bit by saying this, but if you're
- 1:01:45not fundamentally transforming your
- 1:01:47business to be AI first and voice AI
- 1:01:49first, frankly, then you won't survive.
- 1:01:51I think the the other the other one that
- 1:01:53falls into that bucket as well, but
- 1:01:55that's that's that's um adjacent is even
- 1:01:59the consulting and VC world. like that
- 1:02:02is turning upside down as well because
- 1:02:04the typical way of doing business is uh
- 1:02:08is being challenged.
- 1:02:10>> I agree and anyone that's seen Devil
- 1:02:12Wears Prada 2 will be seeing this play
- 1:02:15out in real life which is fascinating.
- 1:02:17>> I'm not one of those people.
- 1:02:18>> It's uh it's your homework.
- 1:02:20>> Yes. Okay, I'll put that on tonight.
- 1:02:22>> Damian, this has been such a pleasure,
- 1:02:24such an honest chat. Thank you for
- 1:02:25answering even the spicier questions. I
- 1:02:27really appreciate it. Uh how do people
- 1:02:30follow you? How do people find the
- 1:02:31roles? Any shout outs for the end of the
- 1:02:34interview?
- 1:02:34>> Yeah, well, I'm not a massive social
- 1:02:35media person, so there's only one place
- 1:02:37to follow me, which is LinkedIn. Uh, but
- 1:02:40yeah, as I mentioned before, we are
- 1:02:41hiring at the moment. We're looking at
- 1:02:43we are looking for the best of the best
- 1:02:45talent. Um, so we're hiring at the
- 1:02:47moment. We've got lots of roles open.
- 1:02:48You can follow me on LinkedIn. And
- 1:02:51anyone who has an interest in voice AI,
- 1:02:53um, be it at a large enterprise or
- 1:02:55otherwise, would love to have a
- 1:02:56conversation.
- 1:02:56>> Thank you so much.
- 1:02:57>> Thank you, Georgie.
- 1:03:01Thank you so much for listening to In
- 1:03:03the Blink of AI. If you want to go
- 1:03:05deeper on anything we've spoken about
- 1:03:07today, I write a weekly substack called
- 1:03:10Attention Is All I Need. Yes, it's
- 1:03:12hilarious, it's a pun, and essentially I
- 1:03:16go into AI rants, tech news, events I'm
- 1:03:20going to, and more. It's bite-sized, and
- 1:03:23I hear it's awesome. Uh the link is in
- 1:03:26the show notes below.
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