Tim Talks To: Arun Rao, CEO and Co-Founder of Starbutter
Comments:
Details:
0:00~1:29 Introduction
1:29~3:49 Arun’s background
3:49~4:40 Life as a 6th-grade teacher
4:40~8:05 Bringing money into the classroom
8:05~9:30 Transition to bond trading
9:30~12:17 Habits picked up from mentors
12:17~14:56 The complexities of the bond market
14:56~18:33 Arun’s entrepreneurial journey
18:33~20:16 Using AI to optimize financial needs
20:16~20:43 A word from NGPF
20:43~25:34 Virtual assistants and what they can do
25:34~27:58 Robo-investors and 401(k)s
27:58~30:06 History of AI in finance
30:06~32:26 Establishing trust as a startup
32:26~34:40 What consumers can do with starbutter today
34:40~36:04 Time it takes to find a credit card
36:04~40:55 The future of starbutter and finance
40:55~42:30 Conclusion
Resources mentioned:
starbutter
Bank of America - Erica
Quotes:
“I love virtual assistants because it can do 60, 70, 80 percent of the work humans do at the highest level, like the best human that does it, and we can just have one virtual assistant assisting millions of people.”
“What we found with virtual assistants is that when you buy a product it's justifying with data why they made the suggestion.”
“[For a consumer to find a credit card] it takes anywhere from 20 to 40 minutes but our agent can get really good recommendations under 5 minutes, often under 2 minutes.”
Tim Talks To: Arun Rao, CEO and Co-Founder of Starbutter
Comments:
Details:
0:00~1:29 Introduction
1:29~3:49 Arun’s background
3:49~4:40 Life as a 6th-grade teacher
4:40~8:05 Bringing money into the classroom
8:05~9:30 Transition to bond trading
9:30~12:17 Habits picked up from mentors
12:17~14:56 The complexities of the bond market
14:56~18:33 Arun’s entrepreneurial journey
18:33~20:16 Using AI to optimize financial needs
20:16~20:43 A word from NGPF
20:43~25:34 Virtual assistants and what they can do
25:34~27:58 Robo-investors and 401(k)s
27:58~30:06 History of AI in finance
30:06~32:26 Establishing trust as a startup
32:26~34:40 What consumers can do with starbutter today
34:40~36:04 Time it takes to find a credit card
36:04~40:55 The future of starbutter and finance
40:55~42:30 Conclusion
Resources mentioned:
starbutter
Bank of America - Erica
Quotes:
“I love virtual assistants because it can do 60, 70, 80 percent of the work humans do at the highest level, like the best human that does it, and we can just have one virtual assistant assisting millions of people.”
“What we found with virtual assistants is that when you buy a product it's justifying with data why they made the suggestion.”
“[For a consumer to find a credit card] it takes anywhere from 20 to 40 minutes but our agent can get really good recommendations under 5 minutes, often under 2 minutes.”