R Jason Warner, co-founder and CEO of Poolside, emphasizes the need for companies to focus on building applications rather than foundation AI models. This approach, according to Warner, is crucial in harnessing the true potential of artificial intelligence. By developing practical applications, businesses can better understand how to utilize their AI capabilities.Prioritizing applications over foundation AI models has significant implications. It allows companies to address real-world problems and create tangible value for their customers. In contrast, solely focusing on building foundation AI models might lead to a lack of direction and ineffective investment in the technology.The shift towards application-focused development also brings potential risks and challenges. Companies must be cautious not to overlook the importance of secure development practices, ethical considerations, and responsible AI use. By acknowledging these concerns, businesses can ensure that their applications align with their values and contribute positively to society.