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Sierra Raises $950M at $15B Valuation

sierra.ai

121–130 of 168 posts

Re: Sierra Raises $950M at $15B Valuation

#121

For a second I thought I was going to get another King's Quest.

As Graham would say, "Woah wait a minute!". Unfortunately Sierra hasn't been around for 18 years at this point and is now currently owned by Microsoft Activision.

I'd also love to see another point-and-click KQ game in the style of KQ 5/6 - as they are two of my favorite games of all time.

Re: Sierra Raises $950M at $15B Valuation

#122
post #88

Earlier quoted context omitted.

adding some context as someone who works in this space 1. most people (average, non-tech people) reach for the phone to call in for easily solvable problems. Plus, if the agent is integrated deep enough & has tools to interact with crms, you can raise the ceiling on the types of problems it can solve. You're trying to avoid the bad customer experience of human 1 reading off their script, then they transfer you to som…

1 & 2 are totally dependent on the company being willing to let their agents do things that they haven’t traditionally let humans do. For example, issue refunds, or do things that cost money but generate good will. I am skeptical that companies will be OK with their agents doing those things on their own volition. 3. Cool so the user didn’t indicate if they were satisfied. What then? 4. You can’t use a SOTA model rig…

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Re: Sierra Raises $950M at $15B Valuation

#123
post #95
post #93

Earlier quoted context omitted.

that's fair, most implementations in the industry are in the early stages and implementing a full powered agent with access to all the tools it needs is hard (very political as you can imagine). i hope over the next year you notice them getting better!

thanks for your insights, however, citation needed that they will get better

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Re: Sierra Raises $950M at $15B Valuation

#124
post #99
post #43

It's always interesting seeing how HN reacts to AI CX (as someone who works in this space). Yes, the tech savvy crowd loves to say how they always ask for a human and love old school phone trees in reality 50-80% of callers come in with easily answerable questions because they don't know how to nav the website and prefer to ask in natural language The vast majority of callers call in to resolve their issue, and most…

> Agents (if implemented well) are an order of magnitude more effective at resolving issues compared to a call centre worker who is reading off a script and churn within 9 months For this to be true, the agent needs to actually be given the means to solve the problem, otherwise an "agent" is just a glorified help page that wastes your time. But it seems like companies don't want to do this part, possibly because of f…

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Re: Sierra Raises $950M at $15B Valuation

#125
post #43

It's always interesting seeing how HN reacts to AI CX (as someone who works in this space). Yes, the tech savvy crowd loves to say how they always ask for a human and love old school phone trees in reality 50-80% of callers come in with easily answerable questions because they don't know how to nav the website and prefer to ask in natural language The vast majority of callers call in to resolve their issue, and most…

I review recordings from calls routed to Sierra and a few other similar systems on a regular basis for . The calls come from folks of all walks of life, not just tech folks. I’d say the vast majority of callers absolutely hate talking to these things and spend most of the call trying to get to a human, often getting frustrated and hanging up (shows up positive in the metrics, call handled without transfer!). Though I…

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Re: Sierra Raises $950M at $15B Valuation

#126
post #43

It's always interesting seeing how HN reacts to AI CX (as someone who works in this space). Yes, the tech savvy crowd loves to say how they always ask for a human and love old school phone trees in reality 50-80% of callers come in with easily answerable questions because they don't know how to nav the website and prefer to ask in natural language The vast majority of callers call in to resolve their issue, and most…

The problem is their bots try to get me to input what I need only to reject/get confused af what I write and give me super limited options or the classic runaround. I can’t tap my way to the solution. I am used to menus, I am used to proper UI’s. I don’t know what language each company uses and apparently their crappy reskinned Gemini bots can’t translate regular speak to it. But if I can see the words and see what leads where, I can figure it out quickly rather than expecting a facsimile of a real person to play middleman between me and the phone tree. It’s basically just navigating it and occasionally skipping a step or two for me. The loops I get thrown in to are such a con it’s not worth it.

I went through this whole song and dance the other day with Uber. I needed to change something and the “AI helper” kept trying to force me into the lost item tree. They snipe keywords and ignore everything else. If you say “reservation” or “cancel” that’s all it works with with none of the context.

Re: Sierra Raises $950M at $15B Valuation

#127
post #114

I supervised a Sierra rollout a while back. Their performance was impressive and the price was great. I suspect both will not be true in time. Their implementation is rather cumbersome, requiring implementation fees and AI configuration that is rather bespoke to Sierra. Anyone rolling off of Sierra will find there is nothing they can take with them. In general, I think CX ought to disappear as a vertical in an AI wor…

Do they actually have something or is it just a wrapper with tool calling?

Re: Sierra Raises $950M at $15B Valuation

#128
post #43

It's always interesting seeing how HN reacts to AI CX (as someone who works in this space). Yes, the tech savvy crowd loves to say how they always ask for a human and love old school phone trees in reality 50-80% of callers come in with easily answerable questions because they don't know how to nav the website and prefer to ask in natural language The vast majority of callers call in to resolve their issue, and most…

An AI customer service bot told me my autopays dont come out because they're scheduled for the 31st, and not every month has a 31st day.

Re: Sierra Raises $950M at $15B Valuation

#129
post #127
post #114

I supervised a Sierra rollout a while back. Their performance was impressive and the price was great. I suspect both will not be true in time. Their implementation is rather cumbersome, requiring implementation fees and AI configuration that is rather bespoke to Sierra. Anyone rolling off of Sierra will find there is nothing they can take with them. In general, I think CX ought to disappear as a vertical in an AI wor…

Do they actually have something or is it just a wrapper with tool calling?

This is difficult to determine given how they implement. I would liken them to a professional services organization, where most of the magic is in their implementation for you, and you have to presume their implementation includes a lot of intenral building blocks. It isn't turnkey.

Re: Sierra Raises $950M at $15B Valuation

#130
post #99
post #43

It's always interesting seeing how HN reacts to AI CX (as someone who works in this space). Yes, the tech savvy crowd loves to say how they always ask for a human and love old school phone trees in reality 50-80% of callers come in with easily answerable questions because they don't know how to nav the website and prefer to ask in natural language The vast majority of callers call in to resolve their issue, and most…

> Agents (if implemented well) are an order of magnitude more effective at resolving issues compared to a call centre worker who is reading off a script and churn within 9 months For this to be true, the agent needs to actually be given the means to solve the problem, otherwise an "agent" is just a glorified help page that wastes your time. But it seems like companies don't want to do this part, possibly because of f…

From what I've seen, it's the opposite -- the whole value proposition of these companies is to take on brand liability and allow the agents to autonomously take actions.
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