The Golden Age of AI
-
Upload
chris-evdemon -
Category
Technology
-
view
295 -
download
0
Transcript of The Golden Age of AI
![Page 1: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/1.jpg)
The Golden Age of AIOpportunities and Challenges
Chris EvdemonPartner
Sinovation Ventures
November 2016
![Page 2: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/2.jpg)
10 years from now, Artificial Intelligence will replace 90% of the world’s ...
• Can you play a million Chess games a day, while learning like AlphaGo?
• Absorb the cumulative daily experience of Tesla from a million vehicles?• Instantly compare all of the world’s airport cameras against all wanted
criminals’ faces?
Translation Reporters Assistants Security Taxis
Sales Services Traders Accounting Maids
Artificial Intelligence is not just an "imitation of the human", but it usually goes "far beyond human” abilities …
AI will be the greatest value creation engine
![Page 3: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/3.jpg)
70%
75%
80%
85%
90%
95%
100%
2011 2012 2013 2014 2015 2016
Human eyeDeep learning
Medical Sciences Automated and auxiliary diagnosis,
personalized diagnosis, gene sequencing.Education
Foreign languages, personalized adaptive learning.
Banking and InsuranceTargeted marketing, loan approval,
credit card fraud prevention
RecognitionVoice, face, video content applications
for security, customer service, etc.
Investments AI + high frequency trading, prediction
engines, etc.
Internet Analytics Purchase conversion, recommendation,
pricing, targeting, SNS marketing.
Business Intelligence and Process Automation
Deep Learning revolution
![Page 4: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/4.jpg)
Deep LearningLearning frommassive data
Reinforcement LearningAuto-learning
Transfer LearningSolve sparse-data problem
Today Future
Beyond Deep Learning
![Page 5: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/5.jpg)
Why AI works now?
5Condition
s of AI
Clear Boundarie
s
Auto-Collected Feedback
Loop
Computing
Resources
Big Data(ideally closed-loop)
Top Data Scientists
Prof. Yang Qiang, HKUST
![Page 6: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/6.jpg)
1 2
3 4
Own end-to-end data
Hire best scientists
Buy hardware optimized for AI
$100,000,000 $400,000,000
Train young people in “AI alchemy”
The right AI approach
![Page 7: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/7.jpg)
1 2
3 4
Assist and not replace people
“Trick”users to provide data
“Error-tolerant”user interface
Constrained application scenarios
“ 无人驾驶”
Navigating for the short-term
![Page 8: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/8.jpg)
L1:(AI as input to
humans)
VisionVoice
LanguageGesture
Industrial and
Commercial
Robots
HomeRobots
Big Data Perception Robotics Autonomous
Driving
Stage3 – 5
yr5 – 10
yr10 yr+
Internet Analytic
s
All-terrain fully autonomous
driving
L2-3:(AI assisting
human driver)AR/VR and
new natural interface
Cross-domain and general natural language
understanding
L4(Human
assisting AI)
InvestmentsInsuranceBanking
HealthcareEducation and
any industry with big data
Artificial intelligence + computing architecture + algorithm framework + sensing platform
Business Intelligenc
e and process
automation
Mass produced sensors
Understanding
Sensors: infrared,
depth camera,
gyroscope,Lidar, etc.
AI roadmap
Typical Duration of an Early Stage VC
Fund
![Page 9: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/9.jpg)
PC era Internet era Mobile Internet era AI era
YOU
Bill GatesBorn in 1955
Steve JobsBorn in 1955
Jeff BezosBorn in 1964
Jerry YangBorn in 1968
Kevin Systrom
Born in 1983Evan Spiegel Born in 1990
The AI era is YOURS!
![Page 10: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/10.jpg)
Internet era App era O2O era AI era
Returnees
Product manager
On-the-ground Sales
+Back-end
Technologist
AI Scientists+
Enterprise Sales Leader
YOU
The AI era needs a different type of founders
![Page 11: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/11.jpg)
Research
Start-Up Local start-up Local start-up Chinese start-up (U.S. team) U.S. start-up (China team) Own start-up Own start-up
YOUR CAREER CHOICES
Industry Local company Local company Chinese company (U.S. ops) U.S. company (China ops)
Increasing risk and return
![Page 12: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/12.jpg)
Overflow of capital.
Staging deliverables.
Limited talent pool.
Big corporates’ muscle.
One-dimensional team.
Building a business.
Building for the long-term.
Challenges for AI start-up projects
![Page 13: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/13.jpg)
$7/hour$15/hour
From creating additional revenue for millions of people around the world to … eliminating it!
Partial vs. complete substitution of human labour
Social implications of AI
![Page 14: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/14.jpg)
The U.S. – China relationship: “it’s complicated” …
![Page 15: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/15.jpg)
Attract top AI talent
Collecting industry big
data
Build up a platform and
clusters
Top engineers
Collaborating with industry
leaders
Researching the best AI
opportunities
AI Institute - Incubation
Sinovation Ventures AI strategy
Series A + B
Start-UpLocal company Local companyChinese company U.S. companyOwn start-up Own start-up
![Page 16: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/16.jpg)
300+ 创业公司天使投资人
政府机构
国内外企业金融网
络第三方服务机构
行业专家
产业协会
大学 / 科研机构
导师13,000+ 创业者孵化器联盟
投资机构
Team, offices, and partnerships with leading corporations in the three largest economic regions in China.
A complete cross-border business services ecosystem
Presence, resources and investment activity in Silicon Valley.
![Page 17: The Golden Age of AI](https://reader036.fdocuments.in/reader036/viewer/2022062522/5872eb5a1a28abfa548b715f/html5/thumbnails/17.jpg)
ActionDecision
Perception
Sinovation Ventures AI portfolio