Summary

Pak-Sun Ting, founder of Votee, about the challenges and opportunities in AI, particularly for low-resource languages. Pak shares his journey from a stable banking career to entrepreneurship, discussing the importance of partnerships, and understanding the peculiarities of building a startup in Hong Kong. The conversation goes into the significance of localised language models, the fundraising landscape, and the future of technology in bridging cultural divides.

Takeaways

Votee aims to revolutionise AI adoption in Asia and Africa.
There is a significant digital divide in access to AI tools.
Pak Ting left a comfortable banking job driven by idealism and innovation.
Entrepreneurs must know when to pivot or quit.
Hong Kong's startup ecosystem faces unique challenges due to high costs.
Localised language models are crucial for effective communication.
Partnerships are essential for startup success in the current landscape.
The future of AI holds both opportunities and challenges.
Cultural preservation is a key aspect of Votee's mission.
Success in entrepreneurship is defined by impact and revenue.

Chapters

00:00 Introduction and Pitch
01:06 Revolutionizing Enterprise AI Adoption
03:14 Leaving a Comfortable Job to Become an Entrepreneur
05:49 The Mindset of Founders and the Notion of Failure
10:05 Knowing When to Quit or Pivot
10:50 Startup Landscape in Asia
16:56 The Importance of Language Models for Low Resource Languages
20:35 Advantages of Training Language Models for Specific Languages
24:49 Potential Consolidation in the AI Space
29:13 Fundraising Success and Revenue Generation
32:23 Advice for Early Stage Startups
39:34 The Future Outlook: Innovation and Positive Change