Summary of episode 92 of Radio Bidar
Topic:
In this session of Radio Bidar, Mostafa Erfani , CTO and specialist in artificial intelligence and start-ups , shared his experiences regarding working in successful start-ups in Montreal, Canada , as well as the impact of artificial intelligence on these companies.
Key Points:
- Role of AI in the development of start-ups:
- Artificial intelligence accelerates the creation of MVPs (minimum viable products) and prototypes .
- It optimizes and accelerates product design, execution and scaling processes .
- Example: During the COVID-19 pandemic, AI was used to detect symptoms and restrict access to stores.
- Key challenges related to AI:
- Data: The quantity, quality and diversity of data are essential for training models.
- Data Protection: Compliance with international laws such as GDPR to secure user information.
- Limited resources for startups: High costs of training and running AI models (GPU and computing resources).
- Model explainability: Ability to justify model results and provide clear explanations to clients and investors.
- Use of AI in Retail:
- Example: Preventing theft in stores using AI.
- Personalization of services for customers based on behavior analysis.
- Identification of critical paths and proposal of solutions for project management.
- Recommendations for start-ups:
- Start small: Use existing models to test your initial ideas.
- Market research: Analyze competitors and identify your competitive advantages. The presence of competitors proves the existence of a market.
- Transparency: Provide clear explanations of how models work to clients and investors.
- Flexibility: Be prepared to adjust your idea and product based on market feedback.
- Future of employment and impact of AI:
- Artificial intelligence will replace some repetitive jobs, but demand for new skills, such as writing prompts , will increase.
- To maintain their professional position, it is essential to master and use AI-based tools.
Conclusion :
Mostafa Erfani stressed that artificial intelligence is rapidly transforming the business landscape. Startups can leverage their agility and flexibility to develop their products faster. Moreover, mastering AI tools and updating skills is crucial to remain competitive in the market.
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