Mati Staniszewski: preference

Transcript context

…Every platform company has this question about how far they go into applications. How do you think about where you go horizontal and power the whole ecosystem versus where you develop application? Because you can imagine there being a whole ecosystem of closed captioning tools that grow up that, again, are built on the ElevenLabs tech. It's not necessarily a space that you would have to go after yourself. I think the big difference between... In your question, today, we see ourselves as a platform where if you're building a horizontal use case in your business, a great place to come. If you have a lot of domain specificity, that's where I see a lot of the application companies forming over time, where that's specifically not the spaces we will go into. I think it also is interesting when the tech is moving as quickly as it is here. It's one thing with SaaS where you get these vertical-specific providers, but I would imagine one of the biggest risks for you guys in being intermediated is if there is, like in this example, a closed captioning service that is on a two-versions-old version of ElevenLabs and hasn't upgraded. That's a problem because you want people to be using the latest and greatest model that you've developed, and you'll be deploying new capabilities every week. I presume that's part of your thinking, is that just when it's moving that quickly, you need to go direct in a lot of cases.…

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