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Vesta CEO @michael_yu reveals the 3 characteristics that determine which industries AI agents will automate first, and why mortgages check every box: "Lots of people said 2026 was gonna be the year of AI agents. I think we are still in the early innings. But the spaces that are really ripe for labor to get transferred to AI agents have three properties." "The first is they've got to be very knowledge work-centric and fairly complicated. The second is it's got to be easy to verify. This is why…
our agents are going to originate a trillion dollars of mortgages in the next 5 years. today, we're announcing the latest step towards that goal, our $30m series b led by conversion capital, with a16z and three of our customers participating. revenue is up 12x this year, and about 40% of the tasks on vesta are already automated.