The rise of Lean AI — Lomit Patel // Tynker

Lomit Patel, Chief Growth Officer at Tynker, looks into the use of technology and how it impacts our kids. Lean AI is a methodology commonly used in startups to optimize their use of data and AI technologies to achieve business goals with limited resources. This approach helps startups to maximize their ROI and increase their chances of success in a competitive market. Today, Lomit discusses the rise of Lean AI.
About the speaker

Lomit Patel

Tynker

 - Tynker

Lomit is the Chief Growth Officer at Tynker

Show Notes

  • 02:17
    The rise of Lean AI
    Lean AI is about extracting insights and value out of data quickly to take action and increase the speed of learning in startups. It involves experimenting, testing, and iterating rapidly to identify the most efficient strategies for acquiring, retaining customers, and increasing revenue.
  • 03:56
    Applying Lean AI to marketing
    Lean AI in marketing is used to optimize marketing budgets and media spend. Its also useful in terms of providing personalized experiences to engage and retain customers and increase lifetime value.
  • 05:28
    Navigating the challenges of user targeting with AI
    The ability to target users accurately is getting more difficult due to emerging data privacy rules. AI tools enable us to build new creative at scale and help us map the creative to the right types of users we want to target based on contextual signals.
  • 06:51
    The impact of AI on future careers
    Many jobs in the future will likely be within the tech industry. Thats why Tynkers mission is to expose every high school student to coding by 2033, to set them up for future career success in the growing tech industry.

Quotes

  • "It's getting a lot harder to target users as accurately because of a lot of data privacy rules coming into place. Creative plays a much more important role in terms of how you tell your story." -Lomit Patel, Chief Growth Officer, Tynker

  • "Our mission at Tynker is to get every high school student exposed to learning to code by 2033." -Lomit Patel, Chief Growth Officer, Tynker

  • "A lot of the jobs that will be growing in the future will all be related to tech. So, the more that we can expose kids to learn in tech, the better it sets them up for future career success." -Lomit Patel, Chief Growth Officer, Tynker

About the speaker

Lomit Patel

Tynker

 - Tynker

Lomit is the Chief Growth Officer at Tynker

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