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Back to How Bending Spoons Built a $20 Billion Compounder | Luca Ferrari, with Luca Ferrari & Anish Acharya.

How Much of Bending Spoons Code Is Written by AI?

Luca Ferrari says Bending Spoons code was 0% written by AI two years ago and, last time he checked, is at 94%. Customer support tickets are pretty much 100% handled by AI or, for the residual portion, by external vendors. He does not have a precise figure, but he is pretty confident at least 90% of fetching data, cleaning data, and plotting data is done by AI.

Customer support managers now work more like product managers. They architect the response process, response rules, and the user experience. The company is investing heavily and will include support via phone calls and via WhatsApp. Data scientists do more architectural work, write software, and build tooling and processes for the budgeting process and recurring dashboards. In his view a good company could be at 70 and 99 percent, and no good company should be below 70 right now.

Support is an obvious strength for large language models because the work is mostly digesting a body of knowledge and exchanging communications with people. The models were trained on similar data and already today are pretty good at it.

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How Bending Spoons Built a $20 Billion Compounder | Luca Ferrari ·

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More from this episode

  1. How Does Bending Spoons Improve the Companies It Buys?Luca Ferrari says Bending Spoons buys technology companies where it sees a chance to make them much more successful, then puts them on one platform with the…
  2. Why Does Bending Spoons Optimize Free Cash Flow?Luca Ferrari says Bending Spoons kept optimizing the rate at which free cash flow compounds, passing up choices that would please investors and produce a…
  3. When Is Optimization a Better Bet Than Invention?Luca Ferrari says optimization is the better bet when the strategy can compound small gains, because radical invention's usual outcome is losing everything.
  4. Why Do Founders Avoid a 100x or Nothing Bet?Luca Ferrari says founders and professional managers avoid a 100x or nothing bet because they hate a median case of ending with nothing, not because they got…
  5. How Does Bending Spoons Use Debt Without Risking the Company?Luca Ferrari says debt lets Bending Spoons do more sooner, and it is smart when the expected return beats the cost of the debt and the chance of default stays…
  6. Is AI Really a Threat to SaaS Companies?Luca Ferrari says AI is not a reason large SaaS companies are finished.
  7. What Does Bending Spoons Build In-house?Luca Ferrari says Bending Spoons builds nearly everything required to run a digital business in-house, and the count comes to over 50 different tools.
  8. How Does Bending Spoons Use an AI Agent in Slack?Luca Ferrari says Bending Spoons uses an AI agent in Slack, which he calls the alternative spooner.

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