
How to Lead in the Wild West of AI with Philip Chew
The Lean AI Podcast presented by Eric Ries
00:00
Navigating Risks and Incentivizing Smart Decisions in Startups
This chapter emphasizes the value of smart failures in the startup realm, comparing it to the trial-and-error process of water drilling in the Old West. It advocates for incentivizing teams to make thoughtful decisions and managing risk through a structured portfolio approach to reduce the repercussions of individual setbacks.
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