I interviewed four impressive leaders at the forefront of incorporating AI into product live at BuildGroup’s Annual Meeting this year: - Ben Eachus (CEO) and Jason Harbert (CTO) of Flowspace, which powers fulfillment for merchants with software and a network of warehouses - Mickey Alon (CTO/CPO) of VidMob, which helps enterprise brands measure & optimize creative effectiveness. - Liam DeCoste (CTO) of PressW, a consulting firm which helps companies adopt AI into their workflows. Here are four takeaways from our discussion: 1. Tech execs should focus on real ROI for the power user as opposed to just leveraging cool technology for its own sake. For Flowspace, the power user could be a single person at a DTC company with all of the responsibility of ensuring the right product gets to the right consumers on time at minimal cost. The ability to tell a system to “freeze orders from this bad batch of dogfood” can save hours and improve consumer happiness. VidMob’s brand manager power user can instantly interpret what creative ads are appropriate for different audiences and automatically ensure that all ads adhere to brand best practices. 2. I saw this at the Pablo Escobar museum: “El dinero fácil no dura" (Easy money doesn’t last). Putting a simple wrapper around GPT and up-charging customers is challenging to sustain. The hard work of automating workflow and building a proprietary data asset bolsters a company’s ability to provide outsized value to users. In the land-grab that the latest AI wave has kicked off, founders should take the high ground that they are uniquely capable of defending. For VidMob, this means leveraging 18 million analyzed videos and insights from the feedback loop of knowing which ads were successful. For Flowspace, this means leveraging millions of historical order history of addresses, warehouses, shipping times, and costs. 3. This Time Really Is Different: While prior innovative cycles in AI over the decades were followed by “AI Winters”, the current deep learning renaissance is different. Foundation Models are in the early innings and ordinary organizations can leverage a host of new off-the-shelf tools. 4. 3/4 panelists took a $100 bet that OpenAI will be worth over $100B in 10 years, but the first mover is not always the biggest winner. Accordingly it makes sense to plan for flexibility with multiple models. And the hardware paradigm that supports these models is shifting quickly. *Note: BuildGroup invested in Flowspace and Vidmob, & engages PressW for consulting. This content does not constitute an offer of any investment advisory services, nor does it constitute an offer to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, nor a financial promotion, investment advice or an inducement or incitement to participate in any product, offering, or investment." https://lnkd.in/gk2msqeQ
Four takeaways from BuildGroup's Annual Meeting
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Our VP Eric Levine wrote about key learnings from his recent panel with SaaS leaders leveraging AI for their businesses. Read the full versions of his four takeaways on our blog: https://lnkd.in/d-anx7Nz
I interviewed four impressive leaders at the forefront of incorporating AI into product live at BuildGroup’s Annual Meeting this year: - Ben Eachus (CEO) and Jason Harbert (CTO) of Flowspace, which powers fulfillment for merchants with software and a network of warehouses - Mickey Alon (CTO/CPO) of VidMob, which helps enterprise brands measure & optimize creative effectiveness. - Liam DeCoste (CTO) of PressW, a consulting firm which helps companies adopt AI into their workflows. Here are four takeaways from our discussion: 1. Tech execs should focus on real ROI for the power user as opposed to just leveraging cool technology for its own sake. For Flowspace, the power user could be a single person at a DTC company with all of the responsibility of ensuring the right product gets to the right consumers on time at minimal cost. The ability to tell a system to “freeze orders from this bad batch of dogfood” can save hours and improve consumer happiness. VidMob’s brand manager power user can instantly interpret what creative ads are appropriate for different audiences and automatically ensure that all ads adhere to brand best practices. 2. I saw this at the Pablo Escobar museum: “El dinero fácil no dura" (Easy money doesn’t last). Putting a simple wrapper around GPT and up-charging customers is challenging to sustain. The hard work of automating workflow and building a proprietary data asset bolsters a company’s ability to provide outsized value to users. In the land-grab that the latest AI wave has kicked off, founders should take the high ground that they are uniquely capable of defending. For VidMob, this means leveraging 18 million analyzed videos and insights from the feedback loop of knowing which ads were successful. For Flowspace, this means leveraging millions of historical order history of addresses, warehouses, shipping times, and costs. 3. This Time Really Is Different: While prior innovative cycles in AI over the decades were followed by “AI Winters”, the current deep learning renaissance is different. Foundation Models are in the early innings and ordinary organizations can leverage a host of new off-the-shelf tools. 4. 3/4 panelists took a $100 bet that OpenAI will be worth over $100B in 10 years, but the first mover is not always the biggest winner. Accordingly it makes sense to plan for flexibility with multiple models. And the hardware paradigm that supports these models is shifting quickly. *Note: BuildGroup invested in Flowspace and Vidmob, & engages PressW for consulting. This content does not constitute an offer of any investment advisory services, nor does it constitute an offer to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, nor a financial promotion, investment advice or an inducement or incitement to participate in any product, offering, or investment." https://lnkd.in/gk2msqeQ
How Scale Ups Can Leverage AI - BuildGroup
https://vimeo.com/
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Check out our CTO, Liam DeCoste!! Liam was recently on a panel with one of our clients, BuildGroup, a venture capital firm in Austin. They brought him in to answer some burning questions about AI and it's future. It's been truly exciting and challenging to integrate AI into companies like BuildGroup. The more we push forward the more we realize how vast this space is and how powerful it can be when built correctly. Go show Liam some love, this was his first panel discussion!
I interviewed four impressive leaders at the forefront of incorporating AI into product live at BuildGroup’s Annual Meeting this year: - Ben Eachus (CEO) and Jason Harbert (CTO) of Flowspace, which powers fulfillment for merchants with software and a network of warehouses - Mickey Alon (CTO/CPO) of VidMob, which helps enterprise brands measure & optimize creative effectiveness. - Liam DeCoste (CTO) of PressW, a consulting firm which helps companies adopt AI into their workflows. Here are four takeaways from our discussion: 1. Tech execs should focus on real ROI for the power user as opposed to just leveraging cool technology for its own sake. For Flowspace, the power user could be a single person at a DTC company with all of the responsibility of ensuring the right product gets to the right consumers on time at minimal cost. The ability to tell a system to “freeze orders from this bad batch of dogfood” can save hours and improve consumer happiness. VidMob’s brand manager power user can instantly interpret what creative ads are appropriate for different audiences and automatically ensure that all ads adhere to brand best practices. 2. I saw this at the Pablo Escobar museum: “El dinero fácil no dura" (Easy money doesn’t last). Putting a simple wrapper around GPT and up-charging customers is challenging to sustain. The hard work of automating workflow and building a proprietary data asset bolsters a company’s ability to provide outsized value to users. In the land-grab that the latest AI wave has kicked off, founders should take the high ground that they are uniquely capable of defending. For VidMob, this means leveraging 18 million analyzed videos and insights from the feedback loop of knowing which ads were successful. For Flowspace, this means leveraging millions of historical order history of addresses, warehouses, shipping times, and costs. 3. This Time Really Is Different: While prior innovative cycles in AI over the decades were followed by “AI Winters”, the current deep learning renaissance is different. Foundation Models are in the early innings and ordinary organizations can leverage a host of new off-the-shelf tools. 4. 3/4 panelists took a $100 bet that OpenAI will be worth over $100B in 10 years, but the first mover is not always the biggest winner. Accordingly it makes sense to plan for flexibility with multiple models. And the hardware paradigm that supports these models is shifting quickly. *Note: BuildGroup invested in Flowspace and Vidmob, & engages PressW for consulting. This content does not constitute an offer of any investment advisory services, nor does it constitute an offer to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, nor a financial promotion, investment advice or an inducement or incitement to participate in any product, offering, or investment." https://lnkd.in/gk2msqeQ
How Scale Ups Can Leverage AI - BuildGroup
https://vimeo.com/
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Is AI becoming commoditised? Startup DeepSeek AI, suggest that it might be. DeepSeek has managed to develop a cutting-edge AI model at a fraction of the cost incurred by industry giants like OpenAI. This is a bold statement about the direction of AI development—and one that businesses cannot afford to ignore. DeepSeek's success underscores an exciting reality: AI is no longer reserved for the select few with unlimited resources. It’s fast becoming a tool for everyone. As the barriers to entry continue to lower, how can your business utilise AI in a way that drives results, better customer experiences and get buy-in from a team unsure of their future? In our bitesize video series, I sat down with our Head of Engineering Lee Conlin to discuss.
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How do you differentiate your tech company in the sea of AI? All your customers are playing with AI. Just as all your competitors are building with AI. So, simply adding AI into your product features is not enough. One way is to create a contrarian point of view (POV) on how AI changes your category. And then drive this POV into your product roadmap and with your customers. I’m hosting a FREE Lightning Lesson on Maven about this topic. This 30-min session is for tech founders & product leaders who want to learn: 👉 Learn how AI is changing B2B category assumptions. Discover the key steps to challenge the assumptions of your own product category 👉Brainstorm a new, contrarian POV. Practice three sharp questions to generate a new POV. Learn from key examples to apply to your company/product 👉Get a template to capture your contrarian POV. Summarize your insights into a starting point. Use this to test a differentiated POV for your product offering with AI Join LIVE on June 19! RSVP here (it’s free): https://lnkd.in/gDG6svNy #Positioning #AI #ContrarianPOV
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Meet the Startup Making Analytics Effortless With AI: HeronAI. HeronAI CEO Daphne Pariser dives into the story behind their $1M-winning AI platform, built to simplify data integration and decision-making. Could this be the future of analytics? Listen now and decide for yourself: https://lnkd.in/eM9J_zSV.
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How is your business leveraging AI to boost efficiency and maximize ROI? Walmart’s success shows the power of AI to drive real results—are you ready to take the next step.#Ainomics #AI #BusinessGrowth #Efficiency #Innovation #CustomerExperience #Walmart #ROI #BusinessTransformation
How Walmart’s seen ROI on gen AI
cfobrew.com
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🌟 **Innovation @eBay Series: Part 1** 🌟 Kicking off my new series on **Innovation @eBay**, where we dive into the cutting-edge developments happening in the world of eCommerce! 🚀 First up, meet the **Magical Listing Tool** — a revolutionary AI-powered solution that’s making selling on eBay faster, easier, and more accurate than ever. By harnessing the power of Generative AI, this tool is simplifying the listing process and helping our sellers succeed. 💡✨ But that's not all! The tool has just been recognized with the **AI Breakthrough Award** for **Best Overall Generative AI Solution**! 🏆 This award reflects eBay's commitment to pushing the boundaries of technology to create powerful solutions for our community of sellers. Learn more about this groundbreaking innovation: https://lnkd.in/djXB33Zu Stay tuned for more on how eBay Deutschland is shaping the future of eCommerce! 🔍 #eBayInside #Innovation #AI #GenerativeAI #eBay #DigitalTransformation #TechForGood
eBay’s Magical Listing Tool Wins AI Breakthrough Award for ‘Best Overall Generative AI Solution’
innovation.ebayinc.com
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🚀 It feels like every day brings another AI breakthrough, with new and more powerful models being released all the time. So how can you know whether or not you’re using the right model for your products? In Product Faculty’s AI Newsletter written by Miqdad Jaffer and myself, we’re taking a closer look at how to choose the right model. There’s a tendency to assume the newest, most advanced model is always the best choice, but that’s not always the case. Each model has unique strengths and trade-offs. When you strategically combine them, you can create a more efficient, effective product. Imagine using one model for quick data extraction, another for content creation and a third for generating output. With the right mix, you can optimize for latency, cost and accuracy. This week’s newsletter will help you make sense of OpenAI’s model landscape and give you a practical, easy-to-follow approach to help you choose the right model for your products. Ready to elevate your product management game with the right model? Don’t miss this week’s newsletter – subscribe now at: https://lnkd.in/gTx8KDQf #AI #AIPoweredProducts #ModelSelection #OpenAI #ProductManagement
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🌟#Stellar named CDO Magazine “Product to Watch” for 2024! With the Launchpad platform leading the charge, getstellar.ai is revolutionizing the way enterprises harness the power of AI for tangible results. 🚀 ➡️ Read the full article to learn more about Stellar, the Launchpad platform, and the team driving it forward. https://hubs.ly/Q02wmyyN0 #Stellar #AIInnovation #ProductToWatch #Launchpad
Navigating the New Frontier: Stellar Recognized as “Product to Watch” by CDO Magazine
cdomagazine.tech
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I'm excited to announce and share that I've joined Vantage Discovery to focus on Applied AI & Innovation. The applied part is especially meaningful - because there's a better, practical way for organizations to get value from AI today. Those who have been on this journey themselves likely knows that at the heart of nearly every AI problem is a search problem. There's an incredible opportunity right now at the intersection of data, search, and AI. It never made sense to me that in order to reap the benefits of AI, every organization must inherently build and maintain a search engine (at the heart of every RAG solution is a search and information retrieval problem). There's a better way coming - and organizations will have the opportunity to bring world-class search to their customers and teams in ways that weren't possible before, all while remaining simple, easy-to-adopt, flexible to any industry, and most important of all - a platform that can jumpstart your organization ahead of the curve. Whether you're an ecommerce retailer or a publication or children's book social network, the paradigm fits. And while a simple enough idea, it takes an incredibly talented and humble team, all with a diverse set of backgrounds and experiences, to identify and execute on how to leverage this technology in a way that delights the customer in real, practical, outcome-driven ways. Big thank you to Nicholas Goodman for pulling me in, and showing me how a simple idea with a big vision and a world class team can stand out at a time when new startups are popping up every day. It took a few days, but once it hit me, the differentiation was clear, as was my own path forward. Building something like this is hard - but there's nobody I'd trust more steering this ship (or flying this ✈ ?) than Lance Riedel and Nigel Daley and the amazingly humble, curious, wicked smart team they've assembled, and who I'm incredibly proud to call my colleagues now. If you're curious to hear more, whether you're exploring a career at the intersection of AI yourself, or want to see a better version of what's possible when search, AI, and data converge, please reach out, and I'd love to share what I saw that brought me to this moment in time. cc Milli Josifovska, Tom Chikoore, Joe Enzminger, Lana Soudan, Jonathan Colt
Vantage Discovery | AI Search. Magical Discovery.
vantagediscovery.com
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8moInsightful.Thanks for sharing! 🤖💡