Rem Hsu
About
Speaker; HBS faculty member studying technology's impact on emerging markets
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Claims by Rem Hsu (9)
Small and medium businesses produce a substantial share of global economic output, often struggle with productivity, and improving their productivity via AI tools could generate massive gains in personal income, economic growth, and ability to afford education—justifying continued focus on SMB productivity tools even while other domains (health, education, finance) may offer more exponential returns.
The speaker hypothesizes that financial constraints may be a binding constraint for low-performing entrepreneurs—even if they know what strategic actions to take, if they lack capital to implement them, the information is useless, suggesting the need to pair information/advice tools with financing mechanisms.
The speaker implemented peer-to-peer feedback sessions in his HBS entrepreneurship courses where students teach each other to give and receive advice, finding it 'incredibly powerful' for learning, and scaled this model to hundreds of entrepreneurs in India and Togo, but found it impossible to scale beyond a few hundred people while maintaining quality.
In Peru, organizations are rolling out generative AI to provide pregnancy health guidance via conversational interface, including advice on when to see a doctor and trust-building, with extensive piloting and randomized controlled trial testing to ensure efficacy before scaling, acknowledging that providing bad medical advice to expectant mothers is a severe failure mode.
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