Ep 34: Eric Ries and Jeremy Howard (Answer.ai) on the Biggest Mistakes AI Founders are Making and Building the Bell Labs of AI
Unsupervised Learning
Understand Your Customer to Achieve Product-Market Fit
Raising funds for AI companies has become easier, but this can lead to oversights in achieving product-market fit. Many companies focus solely on providing APIs, assuming their customers can identify product-market fit independently. This approach often neglects the deeper value chains between the model and the end product. Understanding the end customer’s needs and ensuring a close connection throughout the development process is crucial to creating applications that can successfully achieve product-market fit. While tactics may vary, the fundamental principle of customer understanding remains vital.
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