Episode 124: Yasmin Topia of Sociate discusses AI ventures and implementation of AI

Gaule's Question Time

Andrew Gaule (linkedin.com/in/andrew-gaule-aimava) discusses with Yasmin Topia of Sociate (https://www.linkedin.com/in/yasmintopia/). We discuss being an entrepreneur in an AI start up, the fundamental changes in business models, what Purpose the business, Process of venture development, People important in business and life, Partners to drive change and Performance measures. See further highlights below.
Yasmin and Andrew speak about the Creative Destruction Lab in Oxford where they first met and Andrew is a mentor.
Join Yasmin, Andrew and other leading execs driving AI change at the Ai for Business Summit in Henley on 28 Sept. 2023.
https://www.eventbrite.co.uk/e/ai-for-business-summit-navigating-the-opportunities-and-implementing-ai-tickets-656088407087
For a book on corporate innovation and venturing see "Purpose to Performance - Innovative New Value Chains" by Andrew Gaule. ( shorturl.at/dfDTW ) - Includes a chapter on China from the years of travelling in China and taking leading corporates.
You can listen to this interview as a podcast on Gaule's Question Time on Apple, Spotify, Google and many other podcast channels. https://www.podomatic.com/podcasts/gaulesqt
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See this and other video content at Aimava Purpose to Performance Channel - https://www.youtube.com/channel/UCV9o-htFNIk9Yt7jp2XcdWw
Purpose:
Yasmin aims to create the world's most engaging and fast-learning shopping AI to improve the online shopping experience.
Process:
Validated the problem through deep dives and talking to potential customers.
Systematically tested assumptions at each stage.
Made a bet that labeling would become obsolete and AI could actively learn.
People:
Yasmin provides business expertise.
Diverse founding team with AI, tech and business experience provides different perspectives.
Partners:
Customers provide continuous feedback to validate ideas.
Other AI startups provide complementary technologies.
Future platforms looking for step change innovations.
Performance Measures:
Measured traction with customers while fundraising.
Now focused on clear sales process and funnel metrics.
Metrics depend on objectives and timescales.