Roundtable #7: Spotify, Adobe and Linkedin on How AI Changes The Future of Product & Design | E1097

Every single 20VC episode is recorded with Riverside.FM. It is the one product that I could not live without. Try it today here (https://creators.riverside.fm/20VC) and use the code 20VC for 15% off. ----------------------------------------------- Gustav Söderström is the Co-President, CPO & CTO at Spotify. Gustav has been instrumental in taking Spotify from a 30-person operation in Sweden when he joined to being the global leader of the space. Scott Belsky is Adobe’s Chief Product Officer and Executive Vice President, Creative Cloud. Scott oversees all of product and engineering for Creative Cloud, as well as design for Adobe. Tomer Cohen is the Chief Product Officer @ Linkedin where he is responsible for setting and executing the global product strategy at LinkedIn. ----------------------------------------------- Timestamps: (0:00) Intro (00:50) Panel Introductions (02:20) AI's Role in Evolving Product Development (04:52) Future of UI in the Age of AI (07:51) Managing Uncontrolled AI Outputs in Business (08:55) Innovating UI Through AI Advancements (09:58) Importance of AI Literacy for Designers (14:05) Analyzing Costs in AI Model Adoption (16:41) Moore's Law's Impact on AI Development (18:04) Balancing Data Size and Model Efficiency (19:36) Overcoming Challenges in AI Model Implementation (26:43) Spotify's Approach to Implementing AI (27:34) Adobe's AI Development Strategy (28:31) LinkedIn and AI Model Integration (35:22) Strategies for Rapid Scaling Using AI (49:17) Quick-Fire Round ----------------------------------------------- In Today’s Episode on How AI Changes The Future of Product and Design We Discuss: 1. Why AI Is Now the Product that UI Serves: Why does Gustav believe that AI is now the product? How has the importance of UI changed with the rise of AI? How did TikTok change the product paradigm over the last few years? 2. What Matters More Models or Data: What is more important the size of the model or the amount of data a company has? Will companies use many models at the same time? Why will companies using many models at once create a huge opportunity for startups? Will every company have their own model? What will be the decision-making framework of whether to have your own model or leverage another? How does the rise of AI change how companies approach data acquisition, collection and cleaning? 3. The Workforce Needs to Change with AI: How do product leaders and teams need to change in an AI-first world? What do designers need to do to stay up to date in an AI-first world? What does it mean to be good at prompting? How can people get good at prompting? Why will AI kill companies that charge by the hour? Why will seat pricing die in a world of AI? What will be the business model for AI? 4. Incumbents vs Startups: Who Wins: Do incumbents win in a world of AI or do startups? Why is AI primed for incumbents to win and move fast in a way they could not in prior technology cycles? What are the biggest hurdles and challenges incumbents have to face that startups do not? What are the biggest barriers that startups have to win in a world of AI that incumbents do not have? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Gustav Söderström on Twitter: https://twitter.com/GustavS Follow Scott Belsky on Twitter: https://twitter.com/scottbelsky Follow Tomer Cohen on Twitter: https://twitter.com/cohentomer Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #VentureCapital #GustavSöderström #spotify #ScottBelsky #Adobe #TomerCohen #linkedin #harrystebbings