Artificial Intelligence is the new electricity (see Andrew Ng) and it will transform various sectors like electricity did a hundred years ago. AI-powered products can be x-fold superior to their incumbents and they are reverse aging, getting better with every single usage, due to the virtuous cycle: More users are producing more data, data trains the model, this makes the product even better and attracts more users and so on.
To stay ahead of the pack, a company needs vast amounts of clean, trustworthy data, now. That gives a head start to GAFA (Google, Apple, Facebook and Amazon), BATX (Baidu, Alibaba, Tencent, Xiaomi), as well as Spotify, Netflix, IBM, Microsoft and the other market leaders.
So what’s is the best strategy for a startups or medium sized businesses to compete? Is it data alliances, pre-trained models, Picks-And-Shovel strategy or focusing on very special data?
Mind Blowing A.I. 