Artificial Intelligence Swarms Silicon Valley on Wings and Wheels
nytimes.com
nytimes.com
Curious if anyone knows other valuable and unique markets being addressed by new startups.
I think Mashgin has a really fascinating idea which is to automate the checkout counter at grocery stores, although I know nothing about how their algorithms work.
Even for a warehouse (restricted access), there is a need for stock counting as mistakes can be made
* AI will take jobs
> a prototype inventory checker developed by Bossa Nova Robotics silently glided through the aisles using computer vision to automatically perform a task that humans have done manually for centuries.
* VCs move in packs
> “We saw a slow trickle in investments in robotics, and suddenly, boom — there seem to be a dozen companies ..."
* The rush for talent
> “The number of people trying to get the students to drop out of the class halfway through because now they know a little bit of this stuff is crazy.”
* The strawman of superintelligence
> For some technologists, today’s technical advances are laying the groundwork for truly brilliant machines that will soon have human-level intelligence.
* The evocation of AI winter, just to be safe
> ...so the commercial enthusiasm ended in disappointment, leading to a period now referred to as the “A.I. Winter.”
Add a potted history of Silicon Valley as a "place that reinvents itself" and the Canadian mafia's origin story about deep learning, and you have a recipe for almost any news article about AI, ever.
Not much new here.
Don't get me wrong, I think robotics is gonna be yuuuuuge, but I see AI as more of a software play in the near term (consumer/biz, not embedded.)
Oh, and robots don't have a minimum wage. Something to think about as we push up labor costs at the low end (unnecessarily IMO.) Is it a coincidence that I see touch-screens in SF McDonalds the year following the min-wage increase? The technology has been there for a long time.
Funny, but now I remember ordering at touch screens at McDonalds in France last year. Even though it was in French (I speak no French) I found the process simple. Simpler than face to face ordering, to be sure, since I could order by picture.
Maybe, like the self-checkout lines at the grocery store, which I hated at first but usually choose now because the line is quicker, there's a learning curve. In fact, maybe McDonalds in Colorado should have waited before pulling those touchscreens?