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Slush 2017 - Summary from Europe’s Leading Startup and Tech Event

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Summary from Slush 2017, Europe’s Leading Startup and Tech Event. Slush was held in Helsinki, Finland during November 30 and December 1, 2017.

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Slush 2017 - Summary from Europe’s Leading Startup and Tech Event

  1. 1. Summary from Europe’s Leading Startup and Tech Event 2017 Photo credit: Petri Anttila
  2. 2. ● What is Slush, who was there in 2017? 3 ● AI ending the 100,000-year human brain era 4 ● Data – the new oxygen 5 ● AR ready to explode 6 ● Corporations are waking up 7 ● Other interesting findings 8 ● Interesting startups with a big enough vision 9 Contents
  3. 3. What is Slush, who was there in 2017? Europe’s leading startup and tech event, held in Helsinki, Finland: ● 2,600 startups. 1,500 investors and 20,000 visitors from 130 countries ● Speakers like: ○ Al Gore, politician and environmentalist ○ Martin Lau, President of Tencent ○ Young Sohn, President and Chief Strategy Officer of Samsung Electronics ○ Mark Pincus, Founder of Zynga
  4. 4. AI ending the 100,000-year human brain era ● Today AI is missing: ○ Human-like deliberate thinking ○ Rich models of objects and their interaction → Internal modeling (decision making) has to be hardcoded to AI ● In a few years AI will have these capabilities, Kahneman’s System 2 → AI co-workers will read those 90M patents, 25k researches and guide us forward ● AI living in blockchain – both complement each other: ○ AI: probabilistic, changing, algorithms to guess reality ○ BC: deterministic, permanent, algorithms and cryptography to record reality Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  5. 5. Data – the new oxygen ● The data game has just started: ○ Currently only 3% tagged, 0.5% analyzed ○ 160 zettabytes in 2025, 10x the volume in 2016 ● The quality of data and data-driven environment define winners (everyone has an access to same tools: AI, machine learning, algorithms...) ● Data becomes individual’s most important asset and possession → Attention to data ownership and privacy: e.g. WhatsApp vs. Telegram Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  6. 6. AR ready to explode AR in retail will become the new normal: ● By 2020 retail AR will be $30B ● 4M chain stores in the US and EU want AR ● By the end of 2018 already 900M consumers enabled to use AR (users of ARKit, ARCore, FB Camera Effects) Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  7. 7. Corporations are waking up Corporations have noticed the need of tech talent to prosper in the future: ● Corporate VC and startup collaboration gaining traction: ○ Big ones have own accelerator programs (Salesforce, Airbus…) ○ Smaller ones partnering with existing accelerators ● Heavy Industry pushing the 4th industrial revolution by leveraging e.g. AR ● Intrapreneurship seen as a part of corporations’ transformation journey Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  8. 8. Other interesting findings ● China will soon lead every tech investment category (In 2016: fintech 1st , VR 2nd , robotics 2nd , AI 3rd , edtech 2nd , autonomous driving 2nd ) ● Tencent: “Ecosystem-approach for creating the best UX.” ● Japanese VR entrepreneurs and investors: “Post-smartphone era starts in 2019.” ● Stomach microorganism research challenges current medicine (gene expressions tell what happens, new medicine via genomics and microbes) Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  9. 9. Interesting startups with a big enough vision ● StoreDot – Charge your EV in 5 minutes, funding $126M ● Viome – Discovering predictive biomarkers to eradicate all diseases, funding $15M ● The Curious AI Company – Building future AI components, funding $6M ● Qidni Labs – Building an implantable artificial kidney, closing soon a $2.5M round Sources: speakers’ presentations and conversations of Petteri Hannonen at Slush 2017
  10. 10. Questions, comments? More about Slush? Click the logo. Petteri “Peter” Hannonen: linkedin.com/in/hannoin Photo credit: Petri Anttila

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