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Ep 34: Eric Ries and Jeremy Howard (Answer.ai) on the Biggest Mistakes AI Founders are Making and Building the Bell Labs of AI
May 22, 2024
Eric Ries and Jeremy Howard discuss AI innovation, agile growth strategies, starting Answer.ai, AI regulations, and promising AI startups. They highlight the importance of customer focus, rapid adaptation in the AI landscape, funding challenges, innovation in technology, and societal impact of language computing applications.
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Quick takeaways
- AI founders should test models with customers and avoid assumptions about preferences.
- AI companies must focus on building defensible products and understanding customer needs.
Deep dives
Application of Lean Startup Process to AI Industry
In the podcast, a discussion around applying the Lean Startup Process to the AI industry highlighted the importance of testing AI models with customers, avoiding assumptions about customer preferences, and the challenges of simply replicating traditional SaaS business models for AI companies. The conversation emphasized the need for AI companies to deeply understand customer needs and to focus on solving real-world problems rather than solely relying on technology prowess.
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