Step Podcast

Step

Our audio channel aims to spread the knowledge shared in all of Step's events and reach everyone looking to learn more about the latest advances in technology, innovation, and investments from accomplished leaders.

  1. Keynote by Reid Hoffman's Blitzscaling Co-Author: Chris Yeh

    12/26/2024

    Keynote by Reid Hoffman's Blitzscaling Co-Author: Chris Yeh

    Blitzscaling strategies are reshaping how startups grow and dominate markets, with rapid growth prioritized over efficiency to win. Chris Yeh of Blitzscaling Ventures delves into the principles of blitzscaling and its synergy with AI, offering insights on seizing market opportunities and driving innovation.   Sign up for Step events https://stepconference.com/_____________________   HIGHLIGHTS   (3:19) Understanding Blitzscaling (5:22) What Makes Blitzscaling Work (6:45) The Link Between AI and Blitzscaling (10:09) AI’s Role in the Future of Work (15:56) How AI Impacts Industries   _____________________   QUOTES   “We define Blitzscaling as the pursuit of rapid growth by prioritizing speed over efficiency in the face of uncertainty.” “The reason to blitzscale, the reason to take on that additional risk, is to win a valuable winner-take-most market.” “When you have a network effect, that tends to drive a winner-take-most market because, at a certain point, the network value is greater than the product value.” “Blitzscaling is not just about spending a lot of money on marketing and advertising. You need to be better at it than the competition.” “AI is almost certainly the biggest wave that we are going to experience in our lifetimes.” “The Industrial Revolution replaced muscle power with mechanical power. AI is replacing human brainpower with computing power.” “AI is creating more winner-take-most opportunities. We have a natural learning effect and the traditional network effects.” “The true value of AI is not just in faster, cheaper, and better, but in doing things that were never possible before.” “If you treat AI like an undergrad research assistant—it knows everything but understands nothing—you’ll use it effectively.” “Most startups will fail, but we are in one of the most amazing environments for startups in history.”   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review on your favrorite platform! → https://lnkfi.re/xHeR0F

    24 min
  2. Navigating the AI Investment Landscape

    11/01/2024

    Navigating the AI Investment Landscape

    The AI investment landscape is rapidly evolving, with groundbreaking innovations and challenges emerging at every turn. Arif Hilaly of Bain Capital Ventures, Calvin Chin of E14 Fund, Bilal Zuberi of Lux Capital, John Chu of Khosla Ventures, and Lisa of 99 VC discuss trends, valuation dynamics, and key factors VCs consider when evaluating AI startups.Sign up for Step events https://stepconference.com/     _____________________   HIGHLIGHTS   (5:12) Technology Trends and Excitement in AI (11:44) Valuations and Investment Strategies (17:17) Evaluating Founders and Startups (24:54) Successful Investments and Lessons Learned (43:28) Privacy, Security, and Ethics in AI_____________________   QUOTES   "There's a lot of industries that never got really infused with technology over the last 30 years... Now when you can have conversational AI, when you can have data captured and analysis done somewhere else, and then providing the output to that so that people can actually take action on it, that starts to become very interesting." "The addressable market for software has massively expanded... it's just so unpredictable, and that really helps the insurgent over the incumbent." "If AI is a productivity accelerant and productivity is a measure of GDP. We're about to level up GDP all across the board." "You should really look at any financing as a recruiting decision about who do you want to work with, and just have confidence that whatever the valuation is and the terms will be a market price." “Innovation is happening at every layer of the stack, and billions and billions and billions of dollars are being spent every year in that so there's a lot happening. And hence, you know, you should be investing much more open minded on what can be built.”   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review on your favorite platform! → https://lnkfi.re/xHeR0F

    47 min
  3. Navigating the AI Landscape

    09/18/2024

    Navigating the AI Landscape

    Jeremiah Owyang, General Partner at Blitzscaling Ventures, delivered a comprehensive overview of the current AI landscape. He introduced the AI tech stack, explaining its layers from data to applications and agents.    Sign up for Step events https://stepconference.com/ Subscribe now to the Step Feed newsletter for a daily roundup of the top tech business news https://subscribe.stepfeed.com/   _____________________   HIGHLIGHTS   (1:39) Overview of the AI Industry (2:41) AI Tech Stack and Key Components (5:43) Autonomous Agents and Future of AI (7:34) Taxonomy of AI Entities and Market Dynamics (12:29) Forecast and Future of AI on the Internet     _____________________   QUOTES   "Right now, the AI industry is exploding. There's 1000 new AI projects being launched per month. That's going to mean one is going to launch in the next 30 minutes." "Everybody in the world will have their own executive assistant. Everybody in the world will have their own Travel Planner. Everybody in the world will have their own personal shopper. We will all have multiple agents." "Bill Gates says that whoever has the AI agent will win the internet." "In this future, we don't need apps anymore. We don't even need websites. This is a fundamental change to the internet." "There will be more AI agents than humans on the internet. This is a significant change."   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review on your favrorite platform! → https://lnkfi.re/xHeR0F

    19 min
  4. Evolving World of Brand-Agency Dynamics

    06/12/2024

    Evolving World of Brand-Agency Dynamics

    Balancing data insights with creative freedom is a big topic today. Hazem Karkoutly, Louise Blake, Chris Eid, and Razmik Kalaidjian discussed how AI can help with ideas and trends in agency-client relationships. Sign up for Step events https://stepconference.com/ Subscribe now to the Step Feed newsletter for a daily roundup of the top tech business news https://subscribe.stepfeed.com/ _____________________ HIGHLIGHTS (0:20) Evolving Client-Agency Dynamics (5:02) Data vs. Authenticity (9:03) Creativity in Advertising (14:11) Marketing Balance (23:44) Future Trends in Client-Agency Relations _____________________ QUOTES "Data contributes to the decision has to or else you're shooting in the dark. But you have to understand your brand and your proposition and your position in order to do it, you can't just really rely on data to tell you everything you want, because your competition is going to have the same input as you." "Data is ingredients that gives you what ingredients you should use, okay, your recipe is your brand and your creativity. So it'll tell you what you can use and what works." “Data should inspire you in ways that you didn't necessarily have access to that type of information.” “Data will give you the principles, the goalposts will give you the requirements of where you should play, but the creativity needs to still lead the way and your brand at the end of the day should dictate how you communicate.” "Data is one input when it comes to decision making." "Data should complement the creative process, not distract from it." “The creative process, if it's bound with certain data points is always we've all dealt with, it's an evolution.” "Clients are demanding more focus on their DNA, brand, and industry." "Agencies must prioritize understanding client goals and measuring effectiveness to succeed in the future." "We're starting to play more and more advisory roles as well, and not just an execution arm." _____________________ If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review on your favrorite platform! → https://lnkfi.re/xHeR0F

    30 min
  5. Fintech Core: Literacy and Wealth Management

    06/07/2024

    Fintech Core: Literacy and Wealth Management

    Financial literacy is crucial for both adults and children. Celine Khattar, Dina Shoman, Ashim Egunjobi, Bilal Abou-Diab, and Amelie Arras discuss its significance in the digital age, highlighting FinTech's role in wealth management, the need for financial literacy solutions in emerging markets, the democratization of investment opportunities, early education, and the importance of financial savviness in the UAE for better decision-making and economic improvement.   Sign up for Step events https://stepconference.com/ Subscribe now to the Step Feed newsletter for a daily roundup of the top tech business news https://subscribe.stepfeed.com/   _____________________   HIGHLIGHTS   (0:20) Financial Literacy and Wealth Management in FinTech (4:38) Financial Literacy Education for Budgeting Saving Investing (13:42) Financial Literacy for All with Generative AI (17:05) Financial Literacy Wealth Management Cultural Influences (21:46) Financial Literacy in Emerging Markets Wealth Management Investment   _____________________   QUOTES   "Financial literacy is pretty much the same in both. But the we need to think about what's the purpose of financial literacy, it's to learn how to manage our money so that we can have more choices to live the life we want to live."  "Financial literacy is all about we work very hard to make money and create wealth. But then, once we have its financial literacy is how to manage it, how to manage your savings, how to invest how to reach your financial objectives."  "So starting the process as early as possible, and ideally with kids is actually what you want to do to teach them the basics so that when they are exposed and have access to these financial tools, they make better financial decisions for themselves to grow their wealth over time."  "You can actually start from as young as three or four years old, you can teach kids that age, very basic skills."  "The problem in the digital world as well as the fact that there's a lot of opinions. And I think back to the trend, one of the trends that's coming now is I think that's one of the benefits of generative AI is generative AI as a, sometimes a sounding board."  "So it's really, really key that we actually move financial literacy ahead, that we utilize the products, the solutions that we have out there that we're building, or that we're investing in, and actually ensure that we look at well, what is the impact that we're creating with these?"  "I think it's hard to measure. I think it takes like a big project to do that. And you know, you've had like financial literacy surveys and so on that you can do, but it's only a sample, right?"  "Financially savvy people make better decisions in their lives, hopefully, not get into debt and financial trouble overall. And therefore being able to build their wealth over time to live the life that they want."  "Data suggests that financial net wealth in the UAE so amongst adults, is 85% cash. So if you look at that, and you walk around, I think step conferences are a great place to ask that question."  "I think it's our responsibility. As you know, FinTech as an ecosystem, it's our responsibility to speed that time up as much as possible."    _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review on your favrorite platform! →  https://lnkfi.re/xHeR0F

    31 min
  6. Regulatory Frameworks for AI

    06/04/2024

    Regulatory Frameworks for AI

    Ensuring the responsible development and deployment of AI is critical. Ayman Alashkar, Batu Sat, Aya Elgebeely, Nicoleta Remmlinger, and Miguel Lasprilla discussed the need for regulation frameworks, ethical considerations, transparency in credit risk modeling, and a unified approach to AI regulation across industries.   Sign up for Step events https://stepconference.com/ Subscribe now to the Step Feed newsletter for a daily roundup of the top tech business news https://subscribe.stepfeed.com/_____________________   HIGHLIGHTS   (0:20) Introduction to AI Regulation Frameworks (03:30) The Patchwork of Existing AI Regulations and Risks of Loopholes (12:02) The Importance of Explainability and Transparency in AI Decision Making (15:04) Using AI in Credit Risk Modeling: A Practical Example (22:38) Proactively Building Technologies for Good   _____________________   QUOTES   "We need to embrace artificial intelligence, but we need to be responsible when we use it. We always have to think how that will impact someone's life and hopefully in good not in bad."  “AI is nothing new, the LLM's and chat GPT might be sort of fancy, but algorithms and rule based prediction and prescription has been around.” "AI is the nuclear weapon of the 21st century."  "Regulation should not be less tech, actually should be more tech to guard railing to take care of the people of their communities." "We need to know who is behind the outputs of the training... that is being used, potentially to our disadvantage." "Artificial intelligence has gripped everybody's interest. We don't give it enough attention, and frankly, because it's a problem so difficult to solve." "Having your own vector database, it's invaluable like having this on your own, and not necessarily relying on third parties who are totally out of your hand." "We built our own proprietary generative AI system a few years back end to end everything, including the process, we designed and built ourselves and that enables transparency and explainability."   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review! Spotify → https://spoti.fi/3LIG8wj Apple Podcasts → https://apple.co/3PxIXU5 Anghami → https://bit.ly/3lDKxG4

    31 min
  7. Travel Tech and Trend Projection

    05/28/2024

    Travel Tech and Trend Projection

    Technology has the potential to transform travel in the Middle East, focusing on personalization, sustainability, and cultural experiences. Mia Jafari, Mamoun Hmedan, and Nadim Nagui discuss how FinTech, AI, and business intelligence enhance travel, build digital trust, and drive the shift towards remote work and aspirational travel.   _____________________   HIGHLIGHTS   (0:20) Improving Travel in Dubai with Technology (5:27) Personalization in Travel(8:57) Sustainable Travel Practices (13:58) Cultural Tourism in the Middle East (20:26) Building Trust in the Travel Industry   _____________________   QUOTES   "This is where we fit in with our ownership model for people who like to visit specific destinations frequently throughout the year."  "We enable users globally to shop for flights and hotels deals through different partnerships we develop with airlines, online travel agencies, and accommodation providers."  "Property ownership, by definition, is something that is very complex, and we're trying to simplify this, looking at it from two angles: the investment and the element of property management."  "We make this journey extremely seamless from beginning to end."  "We're trying to store data within our data management platforms and create categories for solo travellers versus families, business trips versus leisure, domestic versus International."  "Personalization for us is about personalizing the booking system experience for our customers based on their behaviour and based on the input that we get from them."  "We started now introducing digital frames, where you can upload a library of your own photos that are going to enhance the experience and make it feel more homey."  "The key success of the alternative accommodation at some point was catering to the behaviour of the consumers during that time."  "We try to put sustainable behaviours within the workspace and are looking to find the right partners by each market to provide sustainable travel options."  "Trust has been for us a priority since inception, not just because we are a new company but mainly because we are offering a new concept."   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review! Spotify → https://spoti.fi/3LIG8wj Apple Podcasts → https://apple.co/3PxIXU5 Anghami → https://bit.ly/3lDKxG4

    30 min
  8. Digital Payments & Wallets Changing the E-Commerce Landscape

    05/24/2024

    Digital Payments & Wallets Changing the E-Commerce Landscape

    Digital transformation is playing a crucial role in enhancing accessibility and inclusion across various sectors globally. Anna Tutova, Deepak Gupta, Maria Paula Oliveira, and Sarah Toukan discussed the rise of digital payments and mobile wallets in fostering financial inclusion in developing countries, highlighting ease of account access, instant access needs, security, reliability, and successful initiatives, as well as the potential of facial recognition payment technology.   Sign up for Step events https://stepconference.com/ Subscribe now to the Step Feed newsletter for a daily roundup of the top tech business news https://subscribe.stepfeed.com/   _____________________   HIGHLIGHTS     (4:23) Mobile Wallets Driving Financial Inclusion (12:24) Adoption Boost: Easy Signup, Security, and No Minimum Balance (17:15) Expanding Digital Wallets: Government, Telecom, and Payment Provider Partnerships (18:50) Emerging Markets Leading in Digital Wallet Innovation (21:43) Real-Time Payments and Cross-Border Transactions Driving Adoption   _____________________   QUOTES   "For any retailers, ecommerce players who want to provide the very best user experience and payment experience, they have to be offering digital payments via digital wallets and of course via payments gateway." "When you live in a society where you don't have that kind of reality, you're excluded from the modern world." "It is really, it goes beyond just buying things, it's really a means of including people in modernity." "I think it's a very beautiful innovation which enables the user in order to do the transaction in the easiest of the manner." "Security is of the utmost importance." "So people have grown accustomed to getting instant access. And this is just as important in the FinTech space." "Necessity is the mother of all invention." “It's interesting. It's really bringing access to financial services in order to enable people to improve their standard of living start to save for their families.” "When we say that digital inclusion in terms of number of transaction, the India journey is very delightful if you see within the Asia pack."   _____________________   If you’re enjoying this podcast, please subscribe to Step Podcast and leave us a review! Spotify → https://spoti.fi/3LIG8wj Apple Podcasts → https://apple.co/3PxIXU5 Anghami → https://bit.ly/3lDKxG4

    30 min

Ratings & Reviews

5
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2 Ratings

About

Our audio channel aims to spread the knowledge shared in all of Step's events and reach everyone looking to learn more about the latest advances in technology, innovation, and investments from accomplished leaders.