This post is by Jeff Bussgang from SEEING BOTH SIDES
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My partner, Chip Hazard, has been on a blogging tear lately on the topic of Applied AI.
We are pretty fired up about this theme here at Flybridge and Chip’s recent posts provide a nice outline as to why. His first post from a few weeks ago, Applied AI: Beyond The Algorithm, provides a description of how we think about next generation AI companies and the opportunities and challenges they face. Today’s post, the AI Paradox, gives a more detailed view on what we are internally referring to as “AAA grade” AI companies: those that are focused on building Absorable, Applied AI. We are very bullish on this category of startups.
The kickoff last week of MIT’s billion-dollar new AI school, the Schwarzman College of Computing (pictured above), was a punctuation point in an ongoing arc of historical significance. We are entering an era where applied AI on the cusp of impacting billions of lives and businesses. This wave will be a fun one to watch and participate in.