Building AI Support So Good, You’ll Wonder: "Is This Even AI?" (Ft. Steve Hind, CEO Lorikeet)

Episode SummaryIn this episode of "In the Blink of AI," host Georgie Healy interviews Steve Hind, co-founder of Lorikeet, a leading AI customer support platform tailored for complex industries like FinTech and health tech. Steve discusses the evolving landscape of AI, addressing common misconceptions about its capabilities and the importance of prioritising customer experience. He emphasises that delivering effective support, whether through humans or AI, hinges on the intent and goals of the business.Steve elaborates on the uniqueness of Lorikeet's platform, which enables companies to train AI agents to handle intricate support queries, and highlights the significance of understanding the diverse needs of customers across various sectors. The conversation also touches upon the recent $14 million funding round for Lorikeet and the impact of AI technologies like Retrieval-Augmented Generation (RAG) in enhancing customer support.Throughout the discussion, Steve shares insights on the importance of empathy in AI interactions, the role of customisation in chatbot personalities, and the necessity for businesses to adapt to the fast-paced AI advancements. He concludes with a reminder to approach AI with a mindset focused on improving customer experiences, urging listeners to be kind to AI as it continues to evolve.Time Stamps00:00 – Why AI customer support gets a bad reputation01:52 – What makes Lorikeet different from other AI support tools02:49 – Why banks and healthcare companies need AI-driven customer support09:00 – What is RAG, and why does it matter for AI-powered customer service?14:09 – The biggest mistake AI chatbots make in customer support16:26 – What does "agentic reasoning" really mean?19:12 – The cost of running AI models and why RAG reduces compute power27:46 – AI tools Steve uses every day (and his take on Perplexity and Replit)30:36 – How to stand out when applying for an AI job39:18 – What people get wrong about AGI and AI scaling lawsResources MentionedLorikeet – AI-powered customer support for FinTechs and health techs (https://www.lorikeetcx.ai/)Blackbird Ventures, Square Peg, Skip Capital – Major investors in LorikeetReplit & Cursor – AI-powered developer tools for software engineeringPerplexity AI – AI search and research assistantSuperhuman AI – AI-powered email client with automated responses✨ Connect with Georgie HealyWeekly Substack: https://georgiehealy.substack.com/Linkedin: https://www.linkedin.com/in/georginahealy/Instagram: https://www.instagram.com/georginahealytech/The Day One NetworkIn The Blink of AI is part of Day One, the podcast network dedicated to founders, operators & investors.Sign up to get your weekly insights into the up-and-coming AI startups: https://dayone.fm/newsletter In the Blink of AI is made possible by our wonderful partnersDeelFounders scale faster on Deel. Set up payroll for any country in minutes, hire anyone anywhere, and get visas handled fast, so you stay focused on scaling. Deel takes care of onboarding, HR, IT, EOR, benefits, and compliance, so your team can grow without borders.It’s why more than 40,000 fast-growing companies trust Deel to move fast.Visit https://www.deel.com/dayone Mentioned in this episode:Deel x PX_Post Intro