Stop Ordering AI Takeout A Cookbook for Winning When You Build In House - Jan Siml
Introduction to AI Strategy 00:01
- Many teams approach AI like ordering takeout, leading to high expectations and disappointing results.
- The speaker emphasizes the importance of aligning AI tools with actual in-house needs rather than overcomplicating with advanced models.
Building vs. Buying AI Solutions 01:19
- The speaker shares a successful case of building AI in-house, which resulted in millions of dollars in annual recurring revenue (ARR).
- Highlights that complex solutions may look appealing but are often overkill for internal requirements.
Understanding User Needs 03:29
- Focus on a single, painful job to be done that has a clear dollar-based outcome.
- Engaging with users to understand their needs is crucial for success.
Revenue Metrics Over Evaluation Metrics 04:47
- Emphasizes the importance of tracking actual revenue generated rather than focusing solely on evaluation metrics like F1 score.
- Encourages tracking metrics that link AI tasks directly to financial outcomes.
Proactive Development and User Engagement 06:17
- Advocates for anticipating user needs rather than waiting for requests.
- Introduces the idea of creating proactive systems that guide user actions to maximize efficiency.
Data Quality vs. Model Complexity 08:01
- Good data consistently outperforms complex models, emphasizing the importance of focusing on user needs.
- Encourages building systems that respond to genuine user feedback rather than chasing model performance benchmarks.
Key Takeaways 09:52
- Start small with a focus on high-impact, dollar-based outcomes.
- Track everything related to revenue generation and ensure proactive engagement with users.
- Invest in the basics and let user feedback guide ongoing improvements.