No Priors: Artificial Intelligence | Technology | Startups cover image

How AI can help build smarter systems for every team with Eric Glyman and Karim Atiyeh of Ramp

No Priors: Artificial Intelligence | Technology | Startups

NOTE

Focus on Profitability, Not Just Cost Reduction

Engineers should engage with business challenges, focusing on driving profit rather than merely minimizing costs, which is a common issue in traditional companies where technology is seen only as a cost center. The perspective of ‘time is money’ is crucial; instead of just examining spending, businesses should analyze where time is allocated to identify opportunities for automation and productivity enhancement through AI. Effective use of AI should be about augmenting work and maximizing efficiency. Additionally, hiring should prioritize candidates who demonstrate entrepreneurial spirit and adaptability, even if they challenge conventional norms, as these traits contribute to innovation and growth within the organization.

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