Leveraging machine learning and artificial intelligence to glean information from large data sets is the greatest technology opportunity of a generation. After a decade of acquiring talent from startups and research universities, tech companies like Facebook, Google and Uber have amassed some of the best AI teams in the world.
However, we are not seeing the impact we deserve beyond the tech sector. Unfortunately, progress in other industries has become collateral damage to the tech sector’s race for AI talent, and this issue has received little attention.
Over the last five years, 90 percent of AI startups in Silicon Valley have been acquired by leading tech companies. These acquisitions have been largely unrelated to a successful product: Often, companies are in nascent stages and their products are either shelved by the acquiring company altogether, or the technology is embedded as a feature in another core offering. Outside of a few
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Oren Etzioni Contributor Share on Twitter Oren Etzioni is CEO of the Allen Institute for Artificial Intelligence and has been a professor at the University of Washington’s Computer Science department since 1991. He has also founded or co-founded several companies, including Farecast (sold to Microsoft in 2008) and Decide (sold to eBay in 2013), and […]
Jonathan Shieber Contributor More posts by this contributor The U.S. secretary of state was fired. On Twitter. Elon Musk is the ultimate doomsday prepper Coinbase recently announced they are launching an index fund. Long term, this is very good for the industry and the Coinbase Index fund is a great first step. There are concerns, […]
Coinbase recently announced they are launching an index fund. Long term, this is very good for the industry and the Coinbase Index fund is a great first step. There are concerns, however, and before launching Coinbase should address some of the minor mistakes and major flaws noted below. Investment index funds have much promise for investors: low fees for easy access to the broad,… Read More
Todd Pierce Contributor Todd Pierce is the former chief digital officer for the Bill & Melinda Gates Foundation and former executive vice president of operations and mobility for Salesforce.com. Software isn’t “eating the world.” It’s feeding the world, healing the world, educating the world and bringing the world’s top minds together to solve our most […]
Software isn’t “eating the world.” It’s feeding the world, healing the world, educating the world and bringing the world’s top minds together to solve our most challenging problems. At least that’s what I’ve witnessed while leading digital transformation initiatives across organizations such as the Bill & Melinda Gates Foundation, Genentech and… Read More
Shannon Farley Contributor Shannon Farley is co-founder and executive director at Fast Forward. More posts by this contributor Why we need diverse founder and funding teams and how to find them Why edtech startups need to build for overlooked communities Jane (whose name changed for privacy purposes) had been living with her elderly mother for […]