The San Francisco-based startup Ema has just gone live with its intentions to establish a "universal AI employee" and significantly change how generative AI is used in the workplace.
Ema CEO Surojit Chatterjee noted that the firm wants to automate mundane chores so employees can focus on strategy. Ema has raised $25 million from Accel, Section 32, and Prosus Ventures. According to a report from TechCrunch, the startup's products, Generative Workflow Engine (GWE) and EmaFusion, emulate human responses and adapt to feedback, leveraging over 30 large language models to address accuracy and data protection concerns.
Chatterjee, former Chief Product Officer at Coinbase and VP of Product at Google, brings extensive experience in e-commerce and ad tech. Co-founder Souvik Sen, Ema's Head of Engineering and formerly VP of Engineering at Okta, focuses on data, machine learning, privacy, and safety. With a combined 77 patents, the founders' backgrounds underscore the startup's potential.
Ema's unique approach transcends traditional AI and robotic process automation limitations, capturing attention amid the expanding generative AI landscape. Early investors, including Sheryl Sandberg and Dustin Moskovitz, expressed confidence in Ema's business model, highlighting its ability to cut across use cases and address data fragmentation concerns in large enterprises.
(Photo : JOSEP LAGO/AFP via Getty Images) A woman uses a smartphone during the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 28, 2024. The world's biggest mobile phone fair throws open its doors in Barcelona with the sector looking to artificial intelligence to try and reverse declining sales
Tech Layoffs Signify Transforming Industry
The startup's emergence coincides with significant layoffs in major tech firms, reaching 40,000 job cuts in the first two months of 2024. Cisco, PayPal, and Microsoft have all announced substantial workforce reductions, attributing them to the accelerated growth of AI.
Experts consider this trend a major technical transition like the internet's 1995 launch, leading organizations to prioritize AI integration and realign their staff, according to The Hill.
Pollak examined US Bureau of Labor Statistics (BLS) statistics showing a 4.5% compound annual growth rate for tech-related jobs between 2015 and 2019.
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This growth rate reached 7% from April 2020 to April 2022, which Glassdoor head economist Daniel Zhao called "pandemic overhiring". Zhao stated that several internet businesses aggressively hired based on pandemic patterns that didn't materialize, causing sector unemployment. This tendency matches the IT sector's emphasis on efficiency and simplifying processes following rapid growth.
AI Boom Creating a New Economy
Roland Rust, a University of Maryland Distinguished University Professor, emphasizes tech layoffs and predicts a fall in "thinking" occupations that require high cognitive involvement. His 2018 study, published in "The Feeling Economy: How Artificial Intelligence is Creating the Era of Empathy," between 2019 and 2021, anticipated this transition, as reported by TechTimes.
Rust advocates integrating intuition, empathy, creativity, and interpersonal skills into the profession as artificial intelligence technology advances. Rust observes that the surge in AI adoption is expediting the obsolescence of "thinking" jobs, particularly within the technology sector, heralding the advent of the "feeling economy."
This fundamental shift emphasizes individuals' need to adjust to changing job dynamics and develop competencies less vulnerable to automation.
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