NYC venture capitalist on what's really killing Aussie startups
By administrator | 23 May 2018
As technology continues to scale and artificial intelligence (AI) becomes smarter and more autonomous, the question on everyone's lips is 'will AI ever run me out of business?'
Jacqueline Garavente doesn't think so.
As a prominent venture capitalist at Union Square Ventures (USV) in New York, Garavente knows more about AI technology than most, watching its applications unfold across USV's extensive portfolio of companies.
Where some fear the prospect of AI replacing the need for human involvement, Garavente believes the future will be precisely the opposite.
"I don't worry about AI running entrepreneurs out of business," she says.
"I think about entrepreneurs who can get creative and learn to harness AI for a specific application.
"There are 68 companies in our portfolio ranging from a way to write better code, to image recognition and ad placement. People can get extremely creative with the tech." Read more
Paris Faint - Business News Australia - 18 May 2018
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