AI systems are getting better at answering questions, but they still forget almost everything that happens outside the screen. Elisa Lu thinks that’s the missing piece.

Lu is the co-founder and COO of Memoket, a startup building what she describes as a “context layer” between the physical world and AI. The company’s product combines a wearable recording device with software that tracks conversations and projects across time. Instead of generating isolated meeting summaries, Memoket tries to reconstruct relationships, decisions, and discussions as they evolve.

“The core idea is not just summarizing one meeting after another,” Lu said on The Innovators podcast. “What we want to provide is the full picture.”

The system works by recording conversations throughout the day, then using AI to organize and connect information over weeks or months. If a salesperson meets a client multiple times, the AI can track changes in requirements and priorities. If a founder interviews ten customers, the software can compare responses automatically instead of forcing someone to read ten separate reports.

Lu said the idea came from frustration with current AI note-taking tools, which often treat every conversation as a separate event.

“In the past, the AI note takers would give me ten reports,” she said. “I had to read through them and piece everything together myself.”

The company also sits in the middle of a growing debate over AI, privacy, and always-on recording. Lu argues that AI systems need better access to real-world context if they are going to become more useful over the long term. At the same time, she acknowledged the sensitivity of recording personal information and said users control whether data is uploaded or analyzed.

One use case Lu described involved helping her mother keep track of conversations with doctors.

“My mom is not able to repeat all that information to me word by word,” she said. “So I have her record the conversation.”

Unlike many AI tools built entirely around smartphones or laptops, Memoket also includes custom hardware. The wearable device can be worn as a wristband, pendant, or clip and allows users to start recording with a single button press.

Lu said the hardware became necessary because many important conversations happen away from screens.

“Sometimes I’m driving and an investor calls,” she said. “I wish I could record that, but I’m not going to risk my life reaching out to the phone.”

Memoket is currently recruiting beta users ahead of launch and they just launched their ProductHunt where you can find more info.