Mati Staniszewski on why ElevenLabs is betting on a cascaded approach for voice agents: “Our approach, as you think about voice agents, conversational agents, is effectively a cascaded approach. You use transcription or speech-to-text, an LLM, text-to-speech, and orchestrate all of that together. Then you have speech-to-speech, which goes directly from speech, and there’s a speech response on the other side. Today, we are optimizing heavily on a cascaded approach. As we work with a lot of the…