1. VC prefer technical risk to market risk. Industrial is riskier.
2. The hype around ML has turned it into magic, so why not “disrupt” a huge market?
Imho a lot of this is the direct result of the deep learning hype cycle.
2. The hype around ML has turned it into magic, so why not “disrupt” a huge market?
Imho a lot of this is the direct result of the deep learning hype cycle.
I'm right there with you. The first round was just 'web connected'. Uber - we're going to do taxis, but with the internet. For example.
Now we've moved to stage 2 - machine learning. Auto-Uber - we're going to do taxis, and uber, but with machines!
It makes for nice headlines.
Never mind https://www.iride.io/