AI Unicorns and the Third Wave of AI Startups Since 2014 we have seen a huge focus on startup investment for companies working in the field of Artificial Intelligence, and for obvious reasons. But the first wave of AI startups are now in the later stages of startup growth and this is focusing the VC sector on the later stage investments as they are lower risk. While the second wave of AI startups have still been able to secure seed funding over the last few years, the opportunities for AI startups over the next few years looks more challenging. While the changing focus of the VC sector on later stage funding for AI companies is understandable, it risks missing early investment in the future AI unicorns that will come from the third wave of AI startups and entrepreneurs. One can easily rela...
Everybody is talking about how automation will impact employment. From robotics in Manufacturing to AI in legal firms, millions of jobs may be affected by our increasingly automated society. So what are we going to do about this feared ‘mass unemployment’? Is It Really An Issue? Whilst the mainstream media is running around yelling that the sky is falling, it’s important to maintain perspective. Is AI going to take our jobs, really? Well, it’s a tough one to answer. It’s undoubtable that jobs will be lost, but if history tells us anything, it is that where old jobs disappear, technology creates new ones. The first Industrial Revolution was a major disruption to the entire way of life people had been used to. Electricity and telephones, and the subsequent invention and mass adoption of the ...
In a recent article, we talked about the ways in which Natural Language Processing could be an administrative saviour in the healthcare system. However, this technology is just one of the aspects of Medicine and Healthcare that are seeing the rise of AI and robotics promising a major positive impact. So far, we have seen deep learning algorithms accurately (96%) diagnose tuberculosis from chest x-rays. Google has trained an AI to detect the spread of breast cancer into lymph node tissue on microscopic specimen images. Neural networks have demonstrated that they are capable of competing with human physicians at detecting changes in diabetes from images of a patient’s retina. These are merely a few examples of how AI is being used in diagnosis. However, one of the most major applications of...
What if the only purpose of the universe and the evolution of life was for the advancement of intelligence. Darwin was wrong, its not “survival of the fittest”, its “survival of the smartest”. The pursuit of advanced intelligence is our true purpose and will lead to answers to many of the biggest questions that currently challenge us. The Continuum of Intelligence is a roadmap for the journey towards advanced intelligence. Abstract The purpose of this article is to help provide a mechanism or index to measure the progress of the field of artificial intelligence towards artificial general intelligence, super intelligence and beyond. There is much uncertainty as to when these milestones will be achieved, but without a measure of progress towards them, it becomes even more difficult to determ...