Everyday AI Podcast – An AI and ChatGPT Podcast

EP 397: How AI Is Democratizing Innovation for Non-Tech Experts

Nov 7, 2024

In this conversation, Mike Todasco, a visiting fellow at San Diego State University and former head of innovation at PayPal, discusses how AI is reshaping innovation, making it accessible to everyone. He shares insights on the transition from ideation to execution, emphasizing that execution is more valuable than the initial idea. Todasco explores the role of generative AI tools in empowering non-technical users, the importance of adaptability for companies, and how curiosity can drive creative applications of AI in business.

45:52

Episode guests

Mike Todasco

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

AI democratizes the innovation process, enabling non-technical individuals to effectively contribute ideas and solutions within organizations.

Emphasizing a mindset of curiosity and experimentation allows teams to adapt to AI's evolving role in enhancing creativity and problem-solving.

Deep dives

Democratizing Innovation Through AI

AI has made innovation accessible to everyone, not just those with technical backgrounds. Traditional views suggest that only experts in innovation can drive change, but AI tools, especially large language models, empower non-technical individuals to innovate effectively. For instance, businesses and departments can leverage generative AI to solve problems creatively and generate new ideas quickly. By implementing AI, organizations can cultivate a culture of innovation that enables even the most non-technical team members to contribute meaningfully.

Intro

3min

From Accounting to Innovation: A Journey through AI

6min

The Rise of Generative AI

20min

Adapting to an AI-Driven Future

9min

Embracing Small Innovations for Revenue Growth

3min

Embracing Curiosity: A Playful Approach to AI Innovation

4min

Send Everyday AI and Jordan a text message

In the age of AI, your ideas are worth nothing. For reals. If you really wanna innovate, you've gotta learn to move on from ideation to execution. Easier said than done, right? What if you could steal the game plan from the former head of Innovation at PayPal, Mike Todasco? Well now you can.

Newsletter: Sign up for our free daily newsletter
More on this Episode: Episode Page
Join the discussion: Ask Jordan and Mike questions on AI

Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineup
Website: YourEverydayAI.com
Email The Show: info@youreverydayai.com
Connect with Jordan on LinkedIn

Topics Covered in This Episode:
1. Applications and Capabilities of LLMs
2. Approach to AI for Non-Technical Users
3. Future Changes and Challenges with AI
4. Role of AI in Creativity and Business Innovation
5. Adapting to AI and Challenges for Big Companies

Timestamps:
00:00 AI democratizes innovation for all, experts unnecessary.
05:19 Unqualified at PayPal, led mobile innovation.
07:39 Russian hackers drove PayPal's innovation culture.
11:51 AI tools were revolutionary for non-engineers.
15:12 Language models evolving; accessible to nontechnical users.
19:31 Claude for writing, ChatGPT for math tasks.
22:54 My brainstorming partner after initial planning stage.
25:45 AI makes idea generation easier; taste crucial.
27:37 Execution outweighs idea value; execution is key.
32:03 Companies face challenges adapting to new futures.
34:34 Listen to the WorkLab podcast from Microsoft.
37:03 Obsess over solving your customer's problems first.
42:37 Embrace curiosity, experimentation with AI tools.
44:52 Sign up for the free daily newsletter.

Keywords:
Large Language Models, Multimodality Features, Non-Technical Users, Personal Use Case, GPT, Dietary Advice, Model Experimentation, Suitable Models, User Interface, Google Gemini, Microsoft Copilot, Innovation, Everyday AI Podcast, Microsoft's WorkLab Podcast, Mike Todasco, Silicon Valley, PayPal, AI and Future Changes, Innovation Challenges, AI Progress and Investment, AI Agents, Business Innovation, Brainstorming Process, Role of AI in Creativity, Value of Ideas vs. Execution, Human Traits, Unlearning and Adapting, Challenges for Big Companies, Generative AI, GPT-3.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more