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Aakash GuptaAakash Gupta

Gemini Gems Masterclass with the Creator at Google: 3 Gems You Must Build

Lisa Huang (SVP Product at Xero, creator of Gemini Gems at Google) breaks down how to build personalized AI with Gemini Gems, what it takes to ship accurate agents in fintech, and how to navigate your AI PM career - from Apple to Meta to Google to Xero. Full Writeup: https://www.news.aakashg.com/p/lisa-huang-podcast Transcript: https://www.aakashg.com/gemini-gems-meta-ray-ban-ai-and-building-agents-at-scale-with-lisa-huang/ --- Timestamps: 0:00 - Intro 1:49 - Guest introduction 2:05 - What are Gemini Gems? 3:52 - The 3 must-have Gems for every PM 6:05 - Live demo: building a product strategy Gem 9:01 - The story behind building Gemini Gems 10:32 - Ads 11:39 - Gemini Gems vs ChatGPT custom GPTs 16:45 - Career lessons from Apple, Meta and Google 23:05 - Building the AI assistant for Meta RayBan glasses 27:43 - Introducing JAX - Xero's financial super agent 32:22 - How to measure an AI agent 37:39 - Will AI replace PMs? 38:40 - Ads 39:45 - Breaking into AI PM 51:15 - Outro --- 🏆 Thanks to our sponsor - Reforge Build: AI prototyping built for product teams - https://reforge.com/aakash --- Key Takeaways: 1. Stop briefing your LLM from scratch every time - Gemini Gems hold your context permanently. Your role, your company strategy, your writing style. Build it once and it already knows everything the next time you open it. 2. Every PM needs 3 Gems - A writing clone trained on your PRDs and emails. A product strategy advisor loaded with your company docs and competitor analysis. A user research synthesizer that ingests raw transcripts and surfaces key themes. 3. Vague instructions are the number one mistake - "Help me write better" gets you nothing. Write a full page of context. Your role, your audience, your format preferences. The more specific, the more personalized the output. 4. Gemini Gems vs ChatGPT custom GPTs - OpenAI framed GPTs as an app store ecosystem. Google focused on personal productivity instead. First principles beat copying a competitor's framing, and the GPT store never took off. 5. On-device AI is the future for wearables - Cloud is the default today but once a device is on your face all day, people want their data staying local. Privacy beats performance when the device is that personal. 6. Accuracy is the product in high-stakes AI - LLMs out of the box are not great at math, accounting, or tax. Winning agents combine deep domain knowledge with proprietary data that no general-purpose model can access. 7. Measure agents in three layers - Quality first (evals, human annotators, LLM judges). Product metrics second (adoption, retention, CSAT). Business impact third (revenue attribution, ARR). Skip to layer three without the foundation and you are measuring on sand. 8. AI will not replace PMs - it will replace the execution work. Writing PRDs, creating mocks, managing roadmaps. What stays is product judgment. The ability to look at ambiguous signals and say this is the right bet and here is why. 9. The PM role is becoming a hybrid - PM to engineer ratios will compress. The expectation is that PMs also build. Not just spec and hand off, but prototype, design, and code enough to show what they mean. The tools to do this exist right now. 10. Your company's permission is not required - Most companies are not fine-tuning models. They are using the same consumer tools you already have. Build Gems. Build projects. Build small AI products with your personal data. There is nothing stopping you. --- 👨‍💻 Where to find Lisa Huang: LinkedIn: https://www.linkedin.com/in/lisaxhuang/ Xero: https://www.xero.com/us/ai-in-accounting/jax/ 👨‍💻 Where to find Aakash: Twitter: https://www.x.com/aakashg0 LinkedIn: https://www.linkedin.com/in/aakashgupta/ Newsletter: https://www.news.aakashg.com #gemini #aipm --- 🧠 About Product Growth: The world's largest podcast focused solely on product + growth, with over 200K+ listeners. 🔔 Subscribe and turn on notifications to get more videos like this.

Aakash GuptahostLisa Huangguest
Mar 5, 202652mWatch on YouTube ↗

CHAPTERS

  1. 0:00 – 3:34

    Gemini Gems explained: custom Gemini with built-in context

    Lisa Huang defines Gemini Gems as customized versions of Gemini designed for specific use cases. She explains the core problem they solve—LLMs lacking persistent context—and why Gems reduce repetitive prompting by bundling instructions, tone, and knowledge.

    • Gems are purpose-built variants of Gemini for particular workflows
    • Primary pain point: users repeatedly re-enter role, strategy, style, and product history
    • Analogy: general contractor (base LLM) vs master craftsman (Gem)
    • Gems preserve personalized tone and context for faster, better outputs
  2. 3:34 – 5:26

    Three must-have Gems for product managers

    Lisa outlines the three highest-leverage Gems PMs should build to cover daily communication, strategic thinking, and continuous user understanding. Each Gem is tied to a core PM responsibility and becomes a reusable productivity multiplier.

    • Writing clone to draft emails/PRDs/updates in your voice
    • Product strategy advisor as an embedded thought partner using company context
    • User research synthesizer to digest interviews, surveys, and support tickets
    • Each Gem becomes a specialized assistant aligned to a PM’s workflow
  3. 5:26 – 6:04

    How to create a Gem: instructions, knowledge, and iteration

    The conversation turns into a practical setup framework for building effective Gems. Lisa emphasizes that good results come from specificity, adding the right reference materials, and treating the Gem like a product that improves over time.

    • Step 1: write clear, detailed instructions (avoid vague prompts)
    • Step 2: add knowledge by uploading key context documents
    • Step 3: test and iterate to refine outputs
    • Specialization beats one ‘do-everything’ Gem for most PM tasks
  4. 6:04 – 8:28

    Live demo: building a product strategy advisor Gem

    Lisa walks through the Gemini UI to create a new Gem, paste structured instructions, and upload example strategy/competitive/roadmap files. She then tests it with a prompt to generate product ideas and explains how to tweak until satisfied.

    • Navigate to Gems → create new Gem → name and define its role
    • Use highly structured instructions (responsibilities, approach, constraints)
    • Upload strategy artifacts (competitive teardown, roadmap, etc.)
    • Test in real time, then refine instructions/knowledge before saving
  5. 8:28 – 9:01

    Sharing Gems with teams + common mistakes PMs make

    Lisa confirms Gems can be shared across a team to amplify productivity, especially when context is common. She then lists the biggest pitfalls—weak instructions, missing context, lack of specialization, and failure to iterate—and clarifies how Gems rely on their configured knowledge rather than “learning” implicitly over time.

    • Gems can be shared to scale best-practice context across a function
    • Mistake: vague instructions; fix with examples and specificity
    • Mistake: not uploading the differentiating context that personalizes outputs
    • Prefer multiple specialized Gems; iterate like any internal product
    • Gems reference their instructions/files; update them as reality changes
  6. 9:01 – 11:33

    Why Gemini Gems were built: discovery, personas, and reuse

    Lisa shares the 2023 origin story: users struggled to discover what LLMs could do and kept re-prompting for context. The team pursued customizable personas and shareable setups so people could save useful configurations and learn from each other.

    • Goal: help users discover capabilities and reduce repeated setup work
    • Persona-based framing (doctor, writing tutor, etc.) improves mental models
    • Customization enables saving context for repeatable workflows
    • Sharing supports organic discovery inside teams and industries
  7. 11:33 – 16:56

    Gemini Gems vs ChatGPT custom GPTs: different product bets

    They discuss how OpenAI’s custom GPTs and GPT Store pushed an app-store ecosystem narrative, which influenced urgency and execution. Lisa explains Google’s differing view: instructions are easily copied and monetization was unclear, so Gems focused on personal and team productivity rather than a marketplace.

    • ChatGPT custom GPTs triggered faster timelines (“go faster”)
    • OpenAI framed GPTs as an app ecosystem with a store and monetization
    • Google bet on productivity amplification over a proprietary marketplace
    • Concern: instructions/knowledge could be copied or extracted in practice
  8. 16:56 – 21:16

    PM career philosophy: curiosity, PM archetypes, and company cultures

    The episode shifts to career lessons: Lisa attributes her path to curiosity rather than a master plan and advises PMs to tailor careers to their strengths. She contrasts Apple’s craftsmanship bar, Meta’s data + execution culture, and Google’s technical expectations for PMs.

    • Career principle: follow curiosity and learning over rigid planning
    • PM roles vary widely; identify your archetype (0→1, craft, platform, etc.)
    • Apple: extreme product bar and craft obsession
    • Meta: experimentation, metrics rigor, and fast execution
    • Google: deeply technical PM expectations and close eng partnership
  9. 21:16 – 23:07

    Hiring AI PMs: fundamentals plus grit and growth mindset

    Lisa explains what she screens for when hiring AI PMs: core PM competencies are table stakes, and differentiators are resilience, ownership, and the ability to push through ambiguity. She describes how these traits show up clearly in how candidates discuss past work.

    • Baseline requirements: strategy, metrics, execution, cross-functional influence
    • Differentiators: grit, growth mindset, and high ownership
    • Signal: candidates who push beyond expectations and learn fast
    • Fit matters in fast-changing environments where problem-solving dominates
  10. 23:07 – 25:27

    Building Meta’s AI assistant for Ray-Ban smart glasses: constraints and bets

    Lisa recounts the early development of the Meta assistant for Ray-Ban Stories (2019–2021), including skepticism that AI would be the key feature. She highlights the complexity of partnering with an eyewear giant, privacy concerns of face-mounted cameras, and hardware constraints like size, comfort, and fashion.

    • Vision: assistant as the core interface layer for smart glasses (not just voice input)
    • Funding and alignment required amid internal disagreement
    • Major partnership dynamics with EssilorLuxottica and executive involvement
    • Key challenges: privacy/bystanders, interaction design, and extreme hardware constraints
  11. 25:27 – 27:33

    Cloud vs on-device AI for AR + how to build in a fast-moving space

    Lisa predicts a shift toward on-device AI in AR for privacy, comfort, and technical reasons, while acknowledging cloud is common today. She advises PMs to avoid tech-first thinking: deeply understand both user needs and technology, then ship, test, and iterate quickly as assumptions change.

    • On-device trend driven by privacy expectations and practical deployment benefits
    • AR constraints shape which AI features are feasible and acceptable
    • Best products sit at the intersection of real user value and tech capability
    • Execution principle: ship fast, learn fast, because the landscape changes monthly
  12. 27:33 – 30:07

    JAX at Xero: a financial ‘super agent’ built on workflows and deep data

    Lisa introduces Xero and describes JAX as an agent umbrella across small-business financial jobs-to-be-done. The goal is to automate manual workflows while using transaction-level data to deliver insights that help businesses survive and grow.

    • Xero context: accounting/payments/payroll platform serving ~4M businesses
    • JAX maps end-to-end financial workflows to identify automation opportunities
    • Agents aim to offload repetitive work while improving decision-making
    • Leverages invoice/bill/payroll transaction data for personalization and insights
  13. 30:07 – 32:21

    Agent reliability in finance: accuracy, hybrid systems, and domain expertise

    Lisa explains why accuracy is non-negotiable in finance and why generic LLMs struggle with math/accounting out of the box. Xero addresses this with domain-specific workflow understanding, rich internal data, hybrid architectures (LLMs + deterministic code), and robust evaluation with expert annotators.

    • Finance requires decimal-level correctness; reliability is a differentiator
    • LLMs alone are weak at accounting/math/tax; domain knowledge is essential
    • Hybrid approach: LLMs for reasoning + programmatic controls for precision
    • Quality flywheels: expert finance annotators, measurement systems, and iteration
  14. 32:21 – 37:19

    How to measure an AI agent: quality → engagement → business impact

    Lisa presents a three-layer measurement stack: baseline quality first, then standard product adoption metrics, then monetization/business outcomes. She discusses human evaluation, scalable LLM-judge style evals, and the need for use-case-specific criteria that evolve over time.

    • Layer 1: baseline quality—does it do the job correctly and safely?
    • Evals use humans plus scalable automated/LLM-judge approaches
    • Layer 2: engagement—adoption, MAU/WAU/DAU, retention, CSAT, feedback loops
    • Layer 3: business impact—revenue attribution and broader commercial metrics
  15. 37:19 – 52:10

    The future of PM: agents everywhere, PMs as builders, and breaking into AI PM

    Lisa argues AI won’t replace PMs because product judgment remains essential, but teams and PM:eng ratios will compress as productivity rises. She advises PMs to become hybrid builder-designers, use AI tools personally even without company support, and stand out via real side-project work, networking, and interview practice for big-tech processes.

    • AI changes execution tasks, but product judgment/taste remains the PM’s value
    • Org structures will compress; fewer people can ship more with AI tools
    • PMs expected to prototype/build (design + code) rather than only coordinate
    • No-AI-at-work isn’t an excuse: use off-the-shelf tools, build on your own
    • Stand out by doing real work (research, prototypes) and showing passion/grit
    • Roadmap: get AI reps at work or via side projects, build network, drill interviews

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