Ramp CEO Eric Glyman: Using AI to Build “Self-Driving Money”

When ChatGPT ushered in a new paradigm of AI in everyday use, many companies attempted to adapt to the new paradigm by rushing to add chat interfaces to their products. Eric has a different take—he doesn’t think chatbots are the right form factor for everything. He thinks “zero-touch” automation that works invisibly in the background can be more valuable in many cases. He cites self-driving cars as an analogy—or in this case, “self-driving money.” Ramp is a new kind of finance management company for businesses, offering AI-powered financial tools to help companies handle spending and expense processes. We’ll hear why Eric thinks AI that you never see is one of the most powerful instruments for reducing time spent on drudgery and unlocking more time for meaningful work.  

Hosted by: Ravi Gupta and Sonya Huang, Sequoia Capital

Mentioned in this episode:

• Paribus: Glyman’s previous company, acquired by Capital One in 2016
• Karim Atiyeh: Cofounder and CTO at Ramp and Glyman’s cofounder at Paribus
• Devin: AI agent product from Cognition Labs and Glyman’s favorite AI app
• Hit Refresh: Book by Satya Nadella