In each technology wave the value, revenue, market cap, profits and great people captured by startups versus incumbents differs. In some waves it all goes to startups, while in others it goes to incumbents or is split between them. Unexpectedly, the prior wave of
It seems very likely that this time will be different. I argue that the past round of AI was not actually intelligence. It was machine learning and has limited niche applications. This current wave is actually intelligence. Creating creative art from scratch is actually intelligence. This is a task that is difficult for humans to do and this round of AI does it well. The GPT, Codex type of interfaces actually have the ability to solve problems that humans have difficulty with. The challenge though is that the incumbents are very well invested in this space. Microsoft basically controls OpenAI and, therefore, how much value start-ups can create is yet to be seen.
Hi Elad. I only just heard of you from someone else’s Twitter post. Loving reading your words. Excellent stuff. I am representing an Ai start up. Can I DM you?
Elad, what do you think is the difference between "research guys" and "product guys" building AI-first startups during the current AI wave? How are you approaching that in your investments?
Hi Elad, any potential to build on this great article, factoring in the tailwinds and headwinds the last year in AI?
Hey Elad, my friend has an AI startup currently, fundraising - buysmart.ai. How do we find you to pitch?
It seems very likely that this time will be different. I argue that the past round of AI was not actually intelligence. It was machine learning and has limited niche applications. This current wave is actually intelligence. Creating creative art from scratch is actually intelligence. This is a task that is difficult for humans to do and this round of AI does it well. The GPT, Codex type of interfaces actually have the ability to solve problems that humans have difficulty with. The challenge though is that the incumbents are very well invested in this space. Microsoft basically controls OpenAI and, therefore, how much value start-ups can create is yet to be seen.
Hi Elad. I only just heard of you from someone else’s Twitter post. Loving reading your words. Excellent stuff. I am representing an Ai start up. Can I DM you?
Elad, what do you think is the difference between "research guys" and "product guys" building AI-first startups during the current AI wave? How are you approaching that in your investments?