Half of the startups with the AI not really using artificial intelligence
Source:Over the past several there a lot of startups who say that use artificial intelligence in their designs. But is it really? London venture capital firm MMC examined the activities of nearly 3,000 start-UPS in 13 countries of Europe to find out. And the results of the study were disappointing.
Almost half of these start-UPS turned out to be not actually use artificial intelligence in your business — or rather, doesn't use the AI completely. Often information about the use of AI extends not employees or leadership, start-UPS, and in the media and on specialized sites. It is true that companies do not hasten to correct the erroneous data.
Why? The answer is simple: almost every startup is interested in attracting investments. And when meeting with investors, he says that working with AI, it gets to 15 — 50% more investment than other companies.
In fact, startups often use AI, not for any serious developments or scientific discoveries. Almost a quarter of the companies make based on artificial intelligence chat bots, others create algorithms to employees or fraud detection. The practical benefits of such implementation, the AI is actually there.
For the sake of Justice it is worth noting that some companies are still creating innovative technology based on the AI — though in most cases they are with the universities and receive funding from the educational institution and third-party investors. Recently, was developed in the world. He can write a whole essay about the positive sides of recycling or fantasy story in the style of Lord of the rings.
What do you think about using AI in a startup? Tell .
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