Artificial Intelligence in the startup world

© Vicarious, 2018
AI in Startups
Dr Stelios Kapetanakis
University of Brighton, UK

Speaker
u Dr Stelios Kapetanakis
u Director of the Knowledge Engineering Group, CEM, Brighton
u Head of Research and Development for Gluru, Ltd.
u Member of the British Specialist Group in Artificial Intelligence

Disclaimer
“Any views you hear today are related solely to the presenter and they don’t represent in
any way the University of Brighton, Gluru Ltd. or any other organisation the presenter has
worked for or collaborated with in the past”

AI and Startups
u Artificial Intelligence
u Startups
u Startups and Universities

AI is around us: We live in An AI world
AI? Is around us?: We live in An AI? World?

What is AI?
u 1956: AI Start
u 1973: The Fall – AI Winter I –
u 1980: Rise in Japan
u 1987: - AI Winter II –
u 1993 – 2011 – The Victory of the neats
u 2011 - ?
© Fandom - Smite, 2018
“An ancient wish to forge the gods”

AI Technology
u Core Tech
u AI
u Deep Learning
u Machine Learning
u NLP Platforms
u Predictive APIs
u Image Recognition
u Speech Recognition
u Rethinking Industries
u AdTech
u Agriculture
u Education
u Finance
u Legal
u Manufacturing
u Medical
u Oil/Gas
u Media/Content
u Consumer Finance
u Philanthropies
u Automotive
u Diagnostics
u Retail
u Rethinking Enterprise
u Sales
u Security
u Fraud Detection
u HR/Recruiting
Marketing
u Personal Assistant
u Intelligence Tools
u Rethinking Humans/
HCI
u Augmented Reality
u Gestural Computing
u Robotics
u Emotional Recognition
u Supporting
Technologies
u Hardware
u Data Preparation
u Data Collection
© techemergence.com

AI Technology - Shares
u Autonomous robots: 31% (3,582 – 13,927)
u (including self-driving vehicles)
u Digital assistants: 30% (2,175 – 8,075)
u (e.g., Siri, automated online assistants)
u Neurocomputers: 22% (1,590 – 4,685)
u Embedded systems: 19% (877 – 2,095)
u (machine monitoring and control systems)
u Expert systems: 12% (7,055 – 12,433)
u (e.g., medical decision support systems, smart grid)
u Others: 5%
Numbers are in million $

AI and startups
“I think it’s tempting for every entrepreneur to package his or her company as
an AI company, and it’s tempting for every VC to want to say ‘I’m an AI
investor.’”
“The startups that made up a story that isn’t fulfillable, and fooled VCs into
investing because they don’t know better.”
Dr. Kai-Fu Lee

Startup spectrum – What is a startup?
“A startup is a company working to solve a problem where the solution is not
obvious and success is not guaranteed”
Neil Blumenthal, cofounder and co-CEO of Warby Parker.
“Startup is a state of mind”
Adora Cheung, cofounder and CEO of Homejoy

Startup Spectrum
© cbinsights.com

Startup Spectrum – past years
u Vicarious, 2013
u Watson, Deepmind, 2014
u 6sense, Botanic.io, Arria, Automation Insights, Banjo, ID Avatars, Infer,
MindMeld, Mintigo, Presado, Skytree, Sense.ly, X.ai, Viv Labs, 2015
u Magic Pony, Blackbird Technologies, Appier, 2016
u SenseTime, Flatiron Health, Directly, Element AI, H2O, UiPath, Pony.ai, C3
IoT, Banjo, Tempus Labs, Stem, InsideSales.com, Dataminr, HyperScience,
Vivint, Anki, CloudMinds, Ayasi, iCarbonX, CrowdStrike, Cylance, Tetra,
Nuro, SoundHound, 2018

Gluru Spectrum
u AN AI-powered customer experience management (CEM) solution
provider that seamlessly integrates with your existing customer relationship
management (CRM) platform to enable your business to proactively
engage with its customers. By leveraging your new or existing knowledge,
GLURU uses its multi-patented AI technology - known as MIND - to dialogue
with your customers and guide them towards the knowledge they seek. In
doing so, GLURU reduces the friction between businesses and users by
making it incredibly easy for you to convert your customer's interests into
successful outcomes

How startups work
u The Startup Mentality
u Top layer
u Middle layer
u Back end
u Figures
u Rewards
u Free.. Coffee
u Work from home
u Cart Racing

Startup Goals and Promises
u MVP
u Private Beta Launch
u Key Hire
u Redesign – Iteration
u Public Beta
u Major Milestone
u First investment round
1 2 3

Startup Selling Patterns
u Identify your buyer
u Having a good business idea
u Communicate it
u Understand your market
u Problem Solving
u Have the right people
u Get the right finding
u Adapt
u Real world use cases

Iterations and Internal Dev Cycles
u The Lean startup
u The perfect business plan..
u Does not exist….

Crossing the Valley of Death
u Growth patterns
u Funding stagnation hits

Achievers vs. Tricksters
u Startups are selling AI
u A few have a good idea
u Fewer can succeed with what they have promised to achieve..
u At the moment we have more than 3500 AI startups in the world(!)
u How many they will be next year?

The other side
u Be unique
u Be the 1st
u Reuse
u No…
u SELL
u Buy the 1st
u SELL
u ……Run
uSELL

Companies vs. Universities
u Universities do the work and companies make profit, hire talent and take
the credit
u Top AI researchers in universities are poached by Silicon Valley firms
u Train the next generation

Observations
u At the moment 75% of the AI talent works for.. Companies type Google
u Neural Information Processing Systems sells within 11 minutes and 38
seconds…
u Blurring line between public & private sectors

Vision for the future
u KTPS and KTNs are a first step support collaboration
u Good projects should be driven by universities
u Startups and Universities should work hand by hand
u State role in funding high risk long term research
u National AI…

Artificial Intelligence in the startup world

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