Each month, “Lochhead on Different” episodes explore the need to differentiate people, products, and services in a world that encourages a lot of imitation. Christopher Lochhead is a best-selling author, top podcaster, and former tech-industry CMO. In today’s episode, Bob and Chris talk about artificial intelligence-enabled startups and youth-driven entrepreneurship, offering some practical steps and advice on how to succeed in this those areas.
Note: this episode contains explicit language.
Episode 32 | Youth, AI, and Innovation
The Big Themes:
- Emergence of new startup models: There’s a new model of startups that leverage AI to create and innovate. These startups can emerge quickly, requiring less capital and fewer people compared to traditional startups. The example given is of a startup achieving in one year what used to take three years and $25 million.
- Youth empowerment with AI: Young people, “native digitals,” have surprising capabilities when given the right direction, coaching, and frameworks. Chris recounts experiences that challenge traditional views on supervision and training. Young individuals, even without prior coding experience, can successfully innovate with AI in a short time.
- Opportunity for corporations and recruitment: Corporations, especially CTOs, CIOs, and startup founders, should explore creating recruitment pipelines for young people skilled in AI-enabled innovation. The potential to tap into the creativity of native digital individuals is a strategic advantage.
The Big Quote: “What I’ve learned in the last year, is that when you have legendary young people focused on this stuff, with the right level of encouragement … well, anything’s possible.”