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Mike Butcher Venture Day Minsk

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Mega Tech Trends. Artificial Intelligence

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Mike Butcher Venture Day Minsk

  1. 1. *@MikeButcher
  2. 2. Mike Butcher Editor-at-large, TechCrunch Twitter.com/MikeButcher LinkedIn.com/MikeButcher Facebook.com/MikeButcher mbites.com/contact mikebutcher@techcrunch.com @MikeButcher
  3. 3. *@MikeButcher MEGA TECH TRENDS
  4. 4. *@MikeButcher Digital facilitates the interconnection of people and things
  5. 5. *@MikeButcher Allowing vast quantities of data to be exchanged in real time
  6. 6. *@MikeButcher
  7. 7. *@MikeButcher Increasing intelligence and allowing complex decision making, also in real time
  8. 8. *@MikeButcher 1985: The Cray 2 Computer $35k, 1.9 gigflops (1.95 billion process a second)
  9. 9. *@MikeButcher 25 years later: iPhone 4 $400 400 g 1.7 gigaflops
  10. 10. *@MikeButcher 5 years later: Apple Watch $300, 300g Half a Cray 2 computing power
  11. 11. But why is this happening now? @MikeButcher
  12. 12. *@MikeButcher Data + Machine learning = huge advances in ability to leverage AI
  13. 13. *@MikeButcher ‘’It may be *100* years before a computer beats humans at Go — maybe even longer.” New York Times, 1997
  14. 14. *@MikeButcher 19 years later? 2016: AlphaGo wins
  15. 15. * 1.25 bn km autonomously driven in Tesla S Crash rates in autonomous vehicles estimated at 1/3 those of normal vehicles. @MikeButcher
  16. 16. * BUT Specialised AI is limited @MikeButcher
  17. 17. * Today’s AIs are narrow, bad at: Everyday tasks Chatting Opening doors Combining tasks Booking travel Performing surgery @MikeButcher
  18. 18. * AI can’t yet: Emote & empathise Learn without data Handle unprecedented situations Handle broad range of situations Set their own goals Feel @MikeButcher
  19. 19. * But in narrow domains AI can compete with or exceed human capability @MikeButcher
  20. 20. * Detection errors plummeting @MikeButcher
  21. 21. *@MikeButcher
  22. 22. *@MikeButcher
  23. 23. *@MikeButcher
  24. 24. *@MikeButcher Smartphones already have neural networks This allows startups to play
  25. 25. *@MikeButcher Access to AI has led to an explosion: Over 900+ startups using AI in CrunchBase
  26. 26. *@MikeButcher 2011-2016 VC investments increased 6x
  27. 27. *@MikeButcher
  28. 28. * AI Lock-In Loop @MikeButcher Application of AI... … which makes better products … which leads to more data … which improves the AI … which makes more profit … which is pumped into the AI … which makes better products
  29. 29. * So AI has been weaponised
  30. 30. * AI becoming both the user interface & underlying engine
  31. 31. * Amazon Echo / Google Home @MikeButcher
  32. 32. * Consumers see/hear the User Interface
  33. 33. * And nothing else.
  34. 34. * Affectiva (MIT) Emotional A.I. reads your moods @MikeButcher
  35. 35. * Chatbots simplest first implementation of “AI as UI” @MikeButcher
  36. 36. *
  37. 37. * Chatbots for travel money etc: Plum, Chip, Cleo, Lola, Digit ($36m) @MikeButcher
  38. 38. * AI, 3D printing, rapid prototyping, means faster startups, faster new brands @MikeButcher
  39. 39. * Anything you can share is Uberized or Airbnd’d @MikeButcher
  40. 40. *
  41. 41. * Vrumi $1.63M Recharge $2.3M Breather $69M @MikeButcher
  42. 42. *
  43. 43. * Lisa & Lena X-Factor? Musical.ly $16M @MikeButcher
  44. 44. * Retail drone delivery will need hyper accuracy @MikeButcher
  45. 45. *
  46. 46. * What3Words $13.5M @MikeButcher
  47. 47. * Next generation analytics @MikeButcher
  48. 48. *
  49. 49. * Horton Analytics $587K (UK) @MikeButcher
  50. 50. * Implications: • Anticipation of our next moves via pattern recognition • From a physical experience to a virtual one @MikeButcher
  51. 51. * Implications: Surveillance via Smart sensors, cameras etc allows tracking and capture of suspects: Welcome to Minority Report! @MikeButcher
  52. 52. * Implications: Consumer brands and retailers anticipate your behavior @MikeButcher
  53. 53. * Implications: • Robots + AI destroy human jobs • Major functions of Doctors, lawyers & accountants replaced by 2025 • Low-skill workers at risk • Re-training crucial • AI creates creates content @MikeButcher
  54. 54. * Startups invade markets with AI, computing power & User Interface
  55. 55. * Who cares! How do I get a date?! @MikeButcher
  56. 56. * AI will be better at matching each other than we are ourselves @MikeButcher
  57. 57. * AI + Your Data (Spotify playlists) = Your next date @MikeButcher
  58. 58. * Researcher predicted attraction on Tinder with 68% accuracy (The Montreal Institute for Learning) @MikeButcher
  59. 59. * Tinderbox chat bot selects profiles you’d like and starts chatting @MikeButcher
  60. 60. * Computer vision enhances perception ‘ThirdEye’ @MikeButcher
  61. 61. * The next wave of interface + AI @MikeButcher
  62. 62. *
  63. 63. * Snap Spectacles @MikeButcher
  64. 64. *
  65. 65. *
  66. 66. *
  67. 67. *
  68. 68. *
  69. 69. *
  70. 70. *
  71. 71. *
  72. 72. *
  73. 73. THANK YOU Mike Butcher Editor-at-large, TechCrunch Twitter.com/MikeButcher LinkedIn.com/MikeButcher mikebutcher@techcrunch.com @MikeButcher

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