ARTIFICIAL INTELLIGENCE: The Future of Business.

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ARTIFICIAL INTELLIGENCE: The Future of Business How technology that senses, comprehends, acts and learns will help your business grow Feb 16, 2017 Panama City, Panama

Transcript of ARTIFICIAL INTELLIGENCE: The Future of Business.

• ARTIFICIAL INTELLIGENCE:• The Future of Business

• How technology that senses, comprehends, acts and learns will help your business grow

• Feb 16, 2017 • Panama City, Panama

About Me

Passionate About Business and TechnologySuccessfully served in a number of diverse roles:

Managing Director CIO - Latin America Start-up CEO

About Me

Live in Florida with My Wife. Have Two Sons in College

Agenda

We Will Explore the Business Implications of Artificial Intelligence thru the Lens of Investment

( Follow the Money )

• What Business and Thought Leaders Are Saying

• Start-up Ecosystem ( Venture Funding )

• Industry Disruption ( Case Study )

• What is Means for You and Your Business

• ARTIFICIAL INTELLIGENCE:• Thought Leaders

Gartner Group

The smart machine era will be the most disruptive in the history of IT.”

Google CEO - Sundar Pichai

"In the long run, we're evolving in computing from a 'mobile-first' to an 'AI-first' world,"

Amazon CEO - Jeff Bezos

It’s the first inning. It might even be the first guys up at bat. We're on the edge of the golden age of AI."

Alphabet CEO - Eric Schmidt

‘I Was Proven Completely Wrong’ About Artificial Intelligence” - AI is Real!

• ARTIFICIAL INTELLIGENCE:• Venture Back Start-ups • ( Follow the Money )

Venture Investment in AI Startups

Equity financings to the AI space have gone from $282M in 2011 to $2.4B in 2015,

746% increase

in 5 years.

Over 6 billion invested in 1,000+ AI Startups

200+Startups

Machine Learning

Machine Learning will Change the Way We Build Software and the Types of Applications We Build

100+Startups

80+Startups

Computer Vision

Building Smarter Apps That See The World Like You Do

• ARTIFICIAL INTELLIGENCE:• Industry Transformation ( Health Care )

Health Care AI Transformation

AI Is Transforming the Way Health Care is Practiced

• Start-up Ecosystem ( Venture Funding )

• Big Bets by Big Players

• What is Means for Your Business / Industry

HealthCare AI Innovation

• ARTIFICIAL INTELLIGENCE:• The Future of Your Business

How Will These Startups Transform Your Industry?

… what will you do about it?

Taking Action

1. Study the List Start-up Companies in This Presentation and See What Companies / Ideas are Getting Funded

2. Pick an Industry/ Problem set and write Use Cases where your product solves a clear pain point ( write it down )

3. Write Your Hypothesis ( Idea ) and the Test Your Hypothesis in the Market with the goal of learning not selling ( do it quickly, cheaply )

I Hope You are Motivated, Confused and a Bit Overwhelmed. Here are some ideas to get started…

Taking Action

4. Find data sources that are underexploited and underutilized in your company / industry ( data is raw material for AI )

5. Build Your Network - Make Fiends with People That Know More Artificial Intelligence Than You Do and Ask Good Questions

6. Read Eric Ries “the Lean Start-up“ and apply proven principles of successful start-ups.

Taking Action

Attend a “Start-up Weekend Event”https://startupweekend.org/

• Thank You!

[email protected] • Twitter: @diego_s• 954-471-7552