readwrite: Is Artificial Intelligence Still Relevant for Startups?
If artificial intelligence confuses you, think about what happens when it’s not leveraged properly. For context, consider the London-based VC firm MMC who found that about 40% of European AI startups don’t use AI in any tangible way. MMC (and TheVerge) are saying that companies just want to take advantage of the AI hype. Meaning that the company or startup “talks” about AI, but they are unwilling or unable to put in the resources to deploy the process, store the data, or make any meaningful use of the information. So begs the question, is artificial intelligence still relevant for startups?
To read the entire article, click here.