Claudia Natasia, Co-Founder & CEO of Riley AI, emphasizes the importance of creating a data-driven product strategy by being selective with data and focusing on signals that genuinely influence a product's success. Key insights include building an analytics engine to combine machine learning models with qualitative and quantitative insights, automating data analysis for continuous improvement, and prioritizing insights to create a cohesive strategy. Riley AI aims to make this process accessible by automating the collection and analysis of data.