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Chris Cocks

๐Ÿ‘ค Speaker
617 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

I think it's helped us in making better toys that are more targeted and really turning around kind of like a...

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

pretty negative uh point of sale trend that i inherited uh when i first started where we were you know in 2022 we were probably indexing 15 to 18 points behind the market in terms of our growth versus the market growth and today i think we're at or ahead of the market

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

Um, so it's been good on all those aspects.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

Um, you know, I think in terms of the future about how we engineer things and how we build platforms, I just had a conversation with our, our CIO the other day where he was taking me through like, Hey, this is how we're AI automating the company and how we're building in new workflows.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

And the number one question I had for him was, Hey, how are we doing it inside of it?

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

Like, how are we building more capability inside of our own coding organization and inside of our own kind of engineering organization?

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

He had to kind of take that back and think through that a little bit.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

My personal point of view about

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

what AI is going to do to at least, I can't talk about the economy as a whole, but what it's going to do to how we employ people and how we deploy people.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

I think it's going to be a labor savings tool, but I think it's going to be ultimately savings that you redeploy into the product and you redeploy in the partners.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

So there might be some changes about the nature of who we employ or what we pay for, but the total amount of people that we pay and the total amount of labor that we deploy, I don't see going down.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

My hope is that redeployment drives growth and that goes up.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

I definitely think it will affect...

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

like stuff that we've already outsourced.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

Because stuff that we've already outsourced tends to be kind of that grindy kind of quote unquote low value operational or process level work.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

Stuff like touching a bunch of orders and making sure that they're filled out correctly, like nothing that's super glamorous.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

And so we already outsource that outside of the US.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

So I think those will be kind of the first work streams that get AI automated.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

I think everything else is more kind of enrichment and kind of feeds people, gives people hours back in the week that they can go and hopefully exceed what they did the prior year.

Decoder with Nilay Patel
Hasbro's CEO lets AI Peppa Pig help design toys

The rule at Microsoft was don't worry about what it costs to make, worry what it costs to maintain.