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Money. Like any scientific research, AI research requires funding. Much of current funding for AI research comes in the form of VC money to Startups who are wor

Money. Like any scientific research, AI research requires funding. Much of current funding for AI research comes in the form of VC money to Startups who are working on building a commercial solution with AI. But unlike pure scientific pursuit, like say in Academia; Startups have a time limit by which they need to produce the end result i.e. a product and the success of it depends on several other variables. There are startups which are primarily research oriented, but majority of so called 'AI' startups are working on producing commercial solution from someone else's thesis paper[1] which itself may not have proved to offer significant advantage over conventional methodologies. When the VC's fail to get their returns from a number of failed 'AI' investments, it affects the entire ecosystem. [1] https://hitstartup.com/artificial-intelligence-thesis-papers-are-like/ https://hitstartup.com/artificial-intelligence-thesis-papers...

milquetoastaf 7y ago
Did you just cite a cartoon as evidence that the majority of AI startups are frauds?
lokimedes 7y ago
Isn’t that the general premise of VC? We have had a long boom period of startups, and may have been more than a bit blinded by our own efforts to produce useful gadgets and perhaps we have forgotten that most of the fundamental tech comes from academic and national research done with government money.
whoisjuan 7y ago
I think is wrong to assume that VC’s is what fueling advances in AI work. It’s for sure contributing especially from large companies (companies that once where VC funded), but I think the bulk and hardcore advancements in AI are still coming from universities and research centers. There’s only two or three companies in the top 25 of organizations leading AI research. The vast majority are universities. https://link.medium.com/L2JrbVKAT1 https://link.medium.com/L2JrbVKAT1

milquetoastaf 7y ago

Did you just cite a cartoon as evidence that the majority of AI startups are frauds?

lokimedes 7y ago

Isn’t that the general premise of VC? We have had a long boom period of startups, and may have been more than a bit blinded by our own efforts to produce useful gadgets and perhaps we have forgotten that most of the fundamental tech comes from academic and national research done with government money.

whoisjuan 7y ago

I think is wrong to assume that VC’s is what fueling advances in AI work. It’s for sure contributing especially from large companies (companies that once where VC funded), but I think the bulk and hardcore advancements in AI are still coming from universities and research centers. There’s only two or three companies in the top 25 of organizations leading AI research. The vast majority are universities. https://link.medium.com/L2JrbVKAT1 https://link.medium.com/L2JrbVKAT1