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Accelerate: AI Trends in 2018

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Trends and investments in AI startups & Corporations - 2018

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Accelerate: AI Trends in 2018

  1. 1. Boston | May 1st & 2nd | 2018
  2. 2. Two truths and a lie 1. Hoofstep – AI for horses 2. Weedguide – AI for cannabis 3. Nailguide – AI for nails
  3. 3. Aarthi Srinivasan - Product Management atTarget Inc - 15+ years of combined experience in product management, consulting and engineering - MBA- The Wharton School, MS in Computer Science – Stony Brook University, NY & BE – University of Madras, India Hello
  4. 4. 1. AI Funding Trends and future 2. Startup Investment areas 3. Corporate Investment in AI 4. How to bring it home to your company? What’s on topic today?
  5. 5. 5 AI Winters  AI Blossom Images: Google+, Mustdotravels blog • Computing scale: CPU, GPU, ASICs • Datasets and infrastructure to handle big data • Amazon, Google, FB, MSFT investing in platforms
  6. 6. AI investment growth is unprecedented Image: CBinsights 15B+ in AI funding in 2017
  7. 7. 2017: China is leading investments in AI CBinsights
  8. 8. 9 * - 2012 – 2017 ; Ref: CB Insights,Venture Beat, AI growth areas in cybersecurity & Automation Start ups ~$15.4B (2012-2017) Autotech/ Manufacturing 4.0 Facial Recognition / Cybersecurity 2 Expert Automation & Augmentation Software (EAAS)* 3 1 Healthcare Diagnostics & Applied AI 4 $15.4 B* AI startup investments with $15+ Trillion impact on GDP by 2030 iOT AI on the edge 5
  9. 9. 10* - 2012 – 2017 ; Ref: CB Insights,Venture Beat, Corporate Focus Areas – Alexa & Ok Google our experts Investments ~$8.5B (2013-2017) Platform Leadership (DIY) Voice is the new text 21 AI Talent Wars & Research 4 Business process automation 3
  10. 10. Understand our Customer Problem (internal or external) 11 Start Small - Save Cost / Automation with error reduction Try new solutions in few channels to showcase results Expand to other channels & problem sets Create a product organization with agile practices & transparency with key objectives 1. “Use Deep learning to automate anything a human can do without thinking much in less than 1 second e.g. Identify cat pictures or smile / frown 2. Use for Predictive analysis “ – Andrew Ng with caveats Bring AI home to your company
  11. 11. 1. Why now? 2. Start up investment themes 3. Corporate Investments 4. How to bring it home to your company? Questions: saarthi@gmail.com Summary
  12. 12. Appendix
  13. 13. AI is not new - Why now? 14 Ref – McKinsey Co, MIT Lex Fridman, HBR, Indeed.com
  14. 14. 15 Types of AI MACHINE LEARNING Supervised Unsupervised Reinforcement DEEP LEARNING Convolutional Neural Network – CNN Recurrent Neural Network - RNN Transfer Learning, General Intelligence
  15. 15. AI adoption in 3 to 8 years • Voice recognition & ease of use • Platforms to prep Training data & Analyze • Applied AI in Finance, Security, Education • Industry 4.0 (Manufacturing / Weaponry…) • Autonomous vehicles (level 3) • Vision & Emotion precision: E- commerce (Electronic malls), Intelligent individual • Healthcare Disease diagnosis • AI using Blockchain for iOT edge data • Distant Doctor / Drug development • Disease free longevity (cancer cure) • Space exploration • Environment protection (if we live on Earth) 3+ 8+
  16. 16. Sample product purchase evolution 17 Door to door sales or In-Store Online & Mobile platform Crowd sourced Marketplace (Amazon, Ebay, Etsy, Nextdoor, Facebook) Predictive Marketplaces Predictive Voice Alexa Google Home iOT Dash (Human in the loop) Vending Machines Robots Inventory Robots Pepper Robot
  17. 17. Global funding increase led by Asia
  18. 18. 20 Early prevention & diagnosis will increase life span
  19. 19. Identify data needs & create a service mentality Data Hygienists Clean incoming data for accuracy E.g. Calendar days vs. working days to count # of days Data Explorers Sift through data to discover the data we actually need E.g. Training data Solution Architects Organize the explored data for analysis & querying Data Scientists Model the organized data for predictive analytics Experience Experts Turn the models into experiences that get results E.g. e-mail, Interactive Reference – HBR 24
  20. 20. Unified experience for guests 25 Customer Backbone triggers User Experience with Real-time Context Customer Lifestage & Shopping Journey Product s Promotions Supply Demand Prediction scoring Context Security Channel optimized Operations AI / ML Engine (Algorithms, Operations, Network optimizations) Customer Experience Backend Optimizations Infrastructure & Data warehouse Management Segmentation A/B TestingIdentification Privacy & Security Data as a service Content & Data Mgmt User Facing Tech Backend P r o d u c t M a n a g e r s Unified experiences through channels such as E-mail, Apps, iOT, Google Home/Alexa, Website, wearables, Stores, at Home Marketing & Service Channels 9
  21. 21. Sources Aarthi Srinivasan 26 McKinsey,com AI discussion paper 100 AI companies Business Intelligence Analytics and Trends When surveillance meets AI Strategies for Applied AI https://seekingalpha.com/article/4063499-investing-artificial-intelligence-economic-growth-stock-picking https://www.cbinsights.com/blog/artificial-intelligence-startup-funding/ https://www.cbinsights.com/blog/cybersecurity-ai-startups-threat-trends/ https://venturebeat.com/2017/06/09/ais-37-billion-market-is-creating-new-industries/ http://www.nanalyze.com/2017/04/6-ai-cybersecurity-startups/ https://www.cbinsights.com/blog/artificial-intelligence-healthcare-startups-investors/ https://www.cbinsights.com/blog/artificial-intelligence-startups-healthcare/ https://www.wired.com/2017/05/mapped-top-263-companies-racing-toward-autonomous-cars/ http://www.businessinsider.com/the-companies-most-likely-to-get-driverless-cars-on-the-road-first-2017-4/#2- general-motors-17 https://www.techemergence.com/examples-of-artificial-intelligence-in-education/ https://venturebeat.com/2017/03/13/5-tech-firms-racing-to-invest-in-ai-startups/ https://www.cbinsights.com/blog/top-acquirers-ai-startups-ma-timeline/ http://www.cms-connected.com/News-Archive/April-2017/Google-Apple-Facebook-Intel-Microsoft-Salesforce-Twitter- Battle-AI-Supremacy https://www.wired.com/insights/2014/08/the-new-eyes-of-surveillance-artificial-intelligence-and-humanizing- technology/ https://www.movidius.com/news/intel-movidius-helps-bring-artificial-intelligence-to-video-surveillance-cameras https://www.forbes.com/sites/steveculp/2017/02/15/artificial-intelligence-is-becoming-a-major-disruptive-force-in- banks-finance-departments/#52bc03a34f62 https://www.forbes.com/sites/gilpress/2017/01/23/top-10-hot-artificial-intelligence-ai-technologies/#58bb8bf19287 https://www.cbinsights.com/research/top-acquirers-ai-startups-ma-timeline/ http://Cbinsights.com 2018 report Univeristy courses – Stanford / MIT / Coursera

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