Teknovations Series: Investor Outlook 6
What technologies interest you?
Posed to experts throughout the region as part of Teknovations’ digital series, Investor Outlook, Managing Partner Eric Dobson answered this question as follows:
“AI (true AI as distinguished from machine learning) for both good and bad reasons. We have been looking at AI for years and found deals that were implementing AI, but few that necessitated it. The explosive launch of ChatGPT was a shocker. We were looking at companies deploying AI as a tool, not creating a super AI as a central point of launching many new businesses (toolbox for building businesses fast and cheap). On the good side, the bar just got radically lower for entrepreneurs to create scalable businesses. On the bad side, the competition was already fierce, and now it is even more competitive. There will be considerable disruption based on AI. I am hearing of Family Offices shaking in their proverbial boots because their automation and business efficiency platform-based portfolios are going to be decimated by AI. However, I think it offers a great tailwind to the type of companies we find here in Innovation Valley – deeptech, medtech, cleantech, advanced manufacturing, etc. These are companies that will benefit from implementing AI and not be threatened by it as a competitor.”
Read the other answers in this post from our friends at Teknovations.Biz.