An annual letter put out by Stripe with all sorts of interesting content.
Stripe-annual-letter-2024-mobile.pdf
Stripe remains privately owned and is run by the founders the Collison brothers. So we tend not to hear too much about it (or half asleep Scoonie doesn't anyway).
Among the annual letter material is:
- Discussion on Healthcare AI assist companies like DeepScribe AI Medical Scribe Looks to be a LLM customised to recognise specialised medical voice language allowing patient interviews to be digitised. I guess the next step will be getting the AI machine to give a patient diagnosis - or at least assist with one.
- Reference to specialised AI companies such as Harvey specifically assistance for law firms.
- Discussion on firms like Slice Built to Run and Grow Pizzerias a software business to assist independent pizza shops. Must make it harder for the like of Dominoes or any other established fast food franchise.
- a fascinating discussion on European productivity and how it has lagged the US.
Makes you wonder just how many sleepy ASX firms (and others) out there who are about to get an AI rocket up their arses that will either propel them to greatness or tear them to bits.