BootstrapLabs and Position A Partners jointly released the following this morning:
SAN FRANCISCO, December 20, 2017 (Newswire.com) – BootstrapLabs, a leading early-stage venture capital firm focused on Applied Artificial Intelligence, and Position A Partners, a specialized investment, product innovation and corporate development firm, are partnering to offer founders a life-cycle approach to successfully build and scale companies that solve the hardest Artificial Intelligence and Cyber technology challenges in areas such as autonomous vehicles, identity management, data and transaction integrity, critical infrastructure, robotics, healthcare and government.
The world is fast becoming digital, powered by software, data, infrastructure, and increasingly, artificial intelligence. Six years ago, oil firms accounted for six of the top 10 most valuable companies worldwide. Today, only one oil firm remains in the top 10, and six technology companies (Apple, Google, Microsoft, Facebook, Amazon and Alibaba) represent 70 percent of their total market capitalization. This represents the biggest sector shift in modern history, creating major opportunities for new market entrants, but also creating major threats to the core pillars of modern society.
“Cyber, in particular, poses a massive challenge to the very fabric of our society, and few firms are as well positioned as BootstrapLabs and Position A to uncover emerging innovation in cyber, artificial intelligence and next-generation computing that will address this trillion-dollar opportunity,” said Dr. Tom Campbell, special advisor to BootstrapLabs, founder of FutureGrasp LLC and former National Intelligence Officer for Technology at the National Intelligence Council, ODNI.
According to Cybersecurity Ventures cybercrime damages are expected to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, and corporations’ budgets for cyber alone are expected to grow to $1 trillion by that same date. Ransomware attacks have been spreading like an epidemic since 2016, and 2017 already recorded $5 billion worth of damages, touching even the most sophisticated and technologically advanced corporations, institutions and nation states.
“Software systems and the infrastructure on which they run are getting increasingly complex, and interconnected. With the recent advances in artificial intelligence, these systems are exponentially more challenging to build, manage and secure. It takes deep domain knowledge, expertise, ingenuity, passion and vision to solve these complex problems and I could not think of a better partner than BootstrapLabs to do this with,” said Herb Kelsey, partner at Position A Partners and former chief architect for a U.S. DoD mission support agency.
Together, the firms combine access to value-add capital and a joint community of some of the world’s best AI and Cyber experts in computer vision, NLP, NLU, DL, mapping, robotics, cybersecurity and blockchain. Founders will be able to accelerate their product-market fit discovery, vet and hire top talent faster, close scalable revenue opportunities sooner and strategically plan exits to some of the group’s close strategic partners or to the public markets.
“There is no need for founders to re-invent the wheel with each venture; a certain product and technology may be unique, but the way to build and scale a company to success isn’t. Together our firms bring a unique combination of proven execution methodologies, skills, deep industry knowledge and resources so that founders can take their venture from early disruptor to market leaders in a fraction of the time, dilution and risks it usually takes,” said Darr Aley, founder and managing partner of Position A Partners.
“After spending decades building, investing and scaling technology companies, I know firsthand how critically important it is for founders to pick the right partners, which is why I founded BootstrapLabs. We have known Position A Partners for years, and as fellow operators and founders, we have the deepest respect for the work they do, and I am very excited to bring together our respective strengths to address some of the greatest opportunities of our time,” said Nicolai Wadstrom, founder and CEO of BootstrapLabs.
About BootstrapLabs
BootstrapLabs is a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. It actively invests in passionate entrepreneurs building disruptive early-stage technology startups that use AI/ML technologies to solve hard, global problems in sectors such as Transportation, Logistics, Financial Services, Future of Work, Cyber and Healthcare. Select Applied AI portfolio companies include AEye, Pinn Technologies, Vidora, Qurious.io, Roger.ai, Sibly, Indus.ai, Mendel Health, SmartEar, and many others.
Over the years, BootstrapLabs has cultivated a world-class community of 38,000 AI experts, founders, executives, developers and investors to fuel its high-quality deal-flow, provide access to top-tier talent and secure early customers for its portfolio companies. Over 2,000 professionals have attended its Annual Applied AI Conferences, quarterly Insiders Series and monthly workshops. The group also publishes a very popular Applied AI Digest newsletter that is read by more than 4,000 people each week.
About Position A Partners
Position A is a specialized investment, product innovation and corporate development firm working with disruptive technology companies in AI, IoT, Robotics, Autonomous and Electric vehicles, Transportation (all forms), Global Supply Chain and Cyber. The firm works with some of the most important engineers, scientists and business talent of our generation to solve the world’s hardest technology problems that are impacting its network of Private Equity, Family Offices, University Labs, Venture Groups and Nation States partners.
As a catalyst for innovation development and technology adoption, Position A leverages its direct access to critical infrastructure, deep knowledge of the regulatory environment, as well as expertise in forming public/private partnerships to accelerate global product adoption, revenue creation and exits for its clients.
Media Contacts:
BootstrapLabs Group LLC | Email: info@bootstraplabs.com
Position A Partners LLC | Email: darr@positionapartners.com
Applied AI Digest 99
/in AI, AI News, Applied AI Digest /byThe 2017 Applied AI Digest Review is here
Every week the BootstrapLab’s team is happy to share with you the latest in Artificial Intelligence.
To inspire you in 2018, we wanted to share our 2nd Annual Applied AI Digest Review Presentation – a recap of all the major AI news and trends of 2017.
The State of Machine Learning in DevOps
DevOps methodologies are increasingly generating large and diverse data sets across the entire application lifecycle — from development, to deployment, to application performance management… Read more.
Don’t Make AI Artificially Stupid in the Name of Transparency
Artificial Intelligence systems are going to crash some of our cars, and sometimes they’re going to recommend longer sentences for black Americans than for whites. We know this because they’ve already gone wrong in these ways. Read more.
Why Tesla’s Autopilot Can’t See a Stopped Firetruck
On Monday, a Tesla Model S slammed into the back of a stopped firetruck on the 405 freeway in Los Angeles County. The driver apparently told the fire department the car was in Autopilot mode at the time. The crash highlighted the shortcomings of the increasingly… Read more.
4 deep learning breakthroughs business leaders should understand
It’s a given that artificial intelligence will change many things in our world in 2018. But with new developments arising at a rapid pace, how can business leaders keep up with the latest AI to improve their performance? Read more.
Andrew Ng officially launches his $175M AI Fund
As the founder of the Google Brain deep learning project and co-founder of Coursera, Andrew Ng was one of the most recognizable names in the machine learning community when he became Baidu’s chief scientist in 2014. Read more.
SOLD OUT: Super Early Bird Tickets
Sundar Pichai, CEO of Google, said that Artificial Intelligence is “one of the most important things that humanity is working on. It’s more profound than, I don’t know, electricity or fire”.
You can take advantage of the opportunity to learn, connect and collaborate with AI Experts at the Applied AI Conference 2018 in San Francisco on April 12th.
Sign up now at our limited early bird pricing and save $840. Group discounts also available for teams. Contact us for more information.
Job Opportunities:
GetAccept: Digital Marketing Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Optical Engineer
Vidora: Senior Software Engineer – Data Engineering
Smart Ear: Chief Scientist
Trusted Insight: Data Scientist
See more job opportunities.
Applied AI Digest 98
/in AI, AI News, Applied AI Digest /bySOLD OUT: Super Early Bird Tickets
The Super Early Bird tickets have sold out and the conference is expected to be at capacity again with 800+ AI professionals so take advantage of our very limited early bird tickets.
Get insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.
Don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.
This Is The World’s First Graphical AI Interface
Machine learning and artificial intelligence are so difficult to understand, only a few very smart computer scientists know how to build them. But the designers of a new tool have a big ambition: to create the Javascript for AI. Read more.
What’s Bigger than Fire and Electricity? Artificial Intelligence Says Google Boss
Google CEO Sundar Pichai believes artificial intelligence could have “more profound” implications for humanity than electricity or fire, according to recent comments. Read more.
How Deep Learning Empowers Enterprise AI
Deep learning is rapidly becoming an Enterprise AI (artificial intelligence) essential, at least according to Gartner. The market research firm predicted that 80 percent of data scientists will include deep learning as part of their AI toolkits in 2018. Read more.
ETFs powered by artificial intelligence are getting smarter, says fund co-founder
Exchange-traded funds powered by artificial intelligence are getting smarter, according to a co-founder of EquBot, a company that created one such fund. Read more.
Artificial Intelligence is Going to Supercharge Surveillance
We usually think of surveillance cameras as digital eyes, watching over us or watching out for us, depending on your view. But really, they’re more like portholes: useful only when someone is looking through them. Sometimes that means a human watching live footage, usually from multiple video feeds. Read more.
Tips for jumpstarting your journey to developing AI apps
“AI won’t replace managers, but managers who use AI will replace those who don’t.” So write Erik Brynjolfsson and Andy McAffee in the Harvard Business Review. That’s an important point to which all managers must pay attention: AI isn’t a technology for assisting humans; it’s for augmenting them. Read more.
Job Opportunities:
GetAccept: Digital Marketing Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Optical Engineer
Vidora: Senior Software Engineer – Data Engineering
Smart Ear: Chief Scientist
Trusted Insight: Data Scientist
See more job opportunities.
Applied Artificial Intelligence Digest 2017 Review
/in AI, AI News, Applied AI Digest, artificial intelligence, Blog, Newsletter, Uncategorized /by Luigi CongedoAfter decades of investing, building, and scaling software companies, BootstrapLabs realized in late 2015 that the world was about to enter a renaissance era for Artificial Intelligence, powered by an explosion of data, plummeting storage costs, increasing connectivity speed, and affordable processing power growing exponentially.
BootstrapLabs has since become one of the most active and respected early stage venture capital firms in Applied Artificial Intelligence, and its community of executives, founders, researchers and investors has grown to over 40,000. Our weekly Applied AI Digest newsletter is read by over 4,000 members, and approximately 2,000 attendees joined our annual Applied AI conferences, quarterly Applied AI Insiders Series, and workshops in the last two years.
Artificial intelligence could add as much as $15.7 trillion – about the combined output of China and India – to the global economy by 2030 but the road ahead will not be without major hurdles. In 2017, VCs invested $10.8 Billion in AI & Machine Learning companies globally and the sector saw over 200 M&A deals in the last 5 years. This is just the tip of the iceberg as most Fortune 1000 corporations will be playing catch-up for many years to come.
Entire industries will be transformed by the power of Artificial Intelligence and tomorrow’s winner are being created today.
Applied Artificial Intelligence Digest 2017 Review
Applied AI Digest 97
/in AI, AI News, Applied AI Digest /bySOLD OUT: Super Early Bird Tickets
The Super Early Bird tickets have sold out and the conference is expected to be at capacity again with 800+ AI professionals so take advantage of our very limited early bird tickets.
Get insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.
Don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.
China enters the battle for AI talent
A mountainous district in western Beijing known for its temples and mushroom production is tipped to become China’s hub for industries based on artificial intelligence (AI). Read more.
Artificial Intelligence to Sort Through ISR Data Glut
Inundated with more data than humans can analyze, the U.S. military and intelligence community are banking on machine learning and advanced computing technologies to separate the wheat from the chaff. Read more.
Voice assistants dominate CES as Google plays catchup with Alexa
This week about 180,000 visitors flocked to the world’s biggest technology exhibition, the Consumer Electronics Show in Las Vegas. And while all the usual gadgets made an appearance, from smart fridges to self-driving cars, there was one dominant theme: speech. Read more.
How AI is changing the future of healthcare
In 1942, Isaac Asimov attempted to lay out a moral framework for how robots can serve humans. The science fiction writer came up with “three laws of robotics”, meant to prevent machines from harming their human creators. Read more.
Google and Others Are Building AI Systems That Doubt Themselves
Researchers at Uber and Google are working on modifications to the two most popular deep-learning frameworks that will enable them to handle probability. Read more.
30 Amazing Machine Learning Projects for the Past Year
This is an extremely competitive list and it carefully picks the best open source Machine Learning libraries, datasets and apps published between January and December 2017. Read more.
Job Opportunities:
GetAccept: Digital Marketing Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Optical Engineer
Vidora: Senior Software Engineer – Data Engineering
Smart Ear: Chief Scientist
Trusted Insight: Data Scientist
See more job opportunities.
Applied AI Digest 96
/in AI, AI News, Applied AI Digest /bySOLD OUT: Super Early Bird Tickets
The Super Early Bird tickets have sold out and the conference is expected to be at capacity again with 800+ AI professionals so take advantage of our very limited early bird tickets.
Get insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.
Don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.
The Amazing Ways Tesla Is Using Artificial Intelligence And Big Data
Tesla has become a household name as a leader and pioneer in the electric vehicle market, but it also manufactures and sells advanced battery and solar panel technology. Read more.
How an A.I. ‘Cat-and-Mouse Game’ Generates Believable Fake Photos
The woman in the photo seems familiar. She looks like Jennifer Aniston, the “Friends” actress, or Selena Gomez, the child star turned pop singer. But not exactly. Read more.
Inside the Lab Where Amazon’s Alexa Takes Over the World
When it first launched in 2014, Amazon’s Alexa voice assistant was little more than an experiment. It appeared first inside the Echo, itself a wacky gadget launched without warning or much expectation. As it took off, though, and millions of people began to put a smart speaker in their home… Read more.
The Case Against Deep-Learning Hype
Is there more to AI than neural networks? Gary Marcus, professor of psychology at NYU and ex-director of Uber’s AI lab, thinks so. He’s published a critique of deep-learning systems that use neural nets, and it skewers some of the current AI hype. Read more.
Identifying the Next Big Thing: Qual vs. Quant
Throughout history, humans have remained obsessed with mechanisms for predicting the future. From oracles and auguries of the ancients, to modern day algorithms of Wall Street, we have trusted in diverse tools to foretell what might come next. Read more.
Here are the most common uses of AI on your smartphone today
Artificial intelligence is starting to permeate the technology that we use everyday. That’s especially true in smartphones, where apps that rely on machine learning and AI are increasingly common. Statista mapped out the survey results of Deloitte’s Global Mobile Consumer Survey which determined just how aware smartphone users are… Read more.
Job Opportunities:
GetAccept: Digital Marketing Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Optical Engineer
Vidora: Senior Software Engineer – Data Engineering
Smart Ear: Chief Scientist
Trusted Insight: Data Scientist
See more job opportunities.
Applied AI Digest 95
/in AI, AI News, Applied AI Digest /byAnnouncing the Applied AI Conference 2018
As a leading Venture Capital firm focused on Applied AI, BootstrapLabs will bring together the Artificial Intelligence community once again for a day of incredible speakers and exciting conversations.
The global network of experts we’re bringing together have unique backgrounds from research, entrepreneurship, investment, business transformation, and more. They’ll share insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.
Don’t forget to take advantage of our very limited super early bird tickets right now (save $1000) and don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.
Elon Musk finally admits Tesla is building its own custom AI chips
And gives us the news that god-like machines will take over within a decade Elon Musk has revealed that Tesla, his electric automobile company, is developing its own custom chips for its driverless cars Read more.
Using Artificial Intelligence to Augment Human Intelligence
By creating user interfaces which let us work with the representations inside machine learning models, we can give people new tools for reasoning. Read more.
Why AI is entering its golden age
The quest to give machines human-level intelligence has been around for decades, and it has captured imaginations for far longer — think of Mary Shelley’s Frankenstein in the 19th century. Artificial intelligence, or AI, was born in the 1950s, with boom cycles leading… Read more.
The State of AI in Montreal – Startups, Investment, and What it Means for the City
In the last 12 months, Montreal has arrived on the world stage as an epicenter for machine learning and artificial intelligence. The city’s extraordinarily high density of AI talent isn’t new, but the demand for machine learning is, and the proverbial “tech spotlight” is now shining bright on this very French Canadian city. Read more.
Artificial Intelligence, False Gods, and Driverless Everything
Artificial Intelligence (AI) has succeeded by being far-seeing; it’s a field where proponents began by envisioning a computer that can take over functions of the human brain, like computation and logic. Today the field has progressed… Read more.
Will Robots Take Our Children’s Jobs?
It is not just Elon Musk, Bill Gates and Stephen Hawking who are freaking out about the rise of invincible machines. Yes, robots have the potential to outsmart us and destroy the human race. But first, artificial intelligence could make countless professions obsolete by the time my sons reach their 20s. Read more.
Job Opportunities:
GetAccept: Digital Marketing Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Optical Engineer
Vidora: Senior Software Engineer – Data Engineering
Smart Ear: Chief Scientist
Trusted Insight: Data Scientist
See more job opportunities.
BootstrapLabs and Position A are Partnering to Solve the World’s Hardest Technology Challenges in AI and Cyber
/in Blog, News /by Mark MavroudisBootstrapLabs and Position A Partners jointly released the following this morning:
SAN FRANCISCO, December 20, 2017 (Newswire.com) – BootstrapLabs, a leading early-stage venture capital firm focused on Applied Artificial Intelligence, and Position A Partners, a specialized investment, product innovation and corporate development firm, are partnering to offer founders a life-cycle approach to successfully build and scale companies that solve the hardest Artificial Intelligence and Cyber technology challenges in areas such as autonomous vehicles, identity management, data and transaction integrity, critical infrastructure, robotics, healthcare and government.
The world is fast becoming digital, powered by software, data, infrastructure, and increasingly, artificial intelligence. Six years ago, oil firms accounted for six of the top 10 most valuable companies worldwide. Today, only one oil firm remains in the top 10, and six technology companies (Apple, Google, Microsoft, Facebook, Amazon and Alibaba) represent 70 percent of their total market capitalization. This represents the biggest sector shift in modern history, creating major opportunities for new market entrants, but also creating major threats to the core pillars of modern society.
“Cyber, in particular, poses a massive challenge to the very fabric of our society, and few firms are as well positioned as BootstrapLabs and Position A to uncover emerging innovation in cyber, artificial intelligence and next-generation computing that will address this trillion-dollar opportunity,” said Dr. Tom Campbell, special advisor to BootstrapLabs, founder of FutureGrasp LLC and former National Intelligence Officer for Technology at the National Intelligence Council, ODNI.
According to Cybersecurity Ventures cybercrime damages are expected to cost the world $6 trillion annually by 2021, up from $3 trillion in 2015, and corporations’ budgets for cyber alone are expected to grow to $1 trillion by that same date. Ransomware attacks have been spreading like an epidemic since 2016, and 2017 already recorded $5 billion worth of damages, touching even the most sophisticated and technologically advanced corporations, institutions and nation states.
“Software systems and the infrastructure on which they run are getting increasingly complex, and interconnected. With the recent advances in artificial intelligence, these systems are exponentially more challenging to build, manage and secure. It takes deep domain knowledge, expertise, ingenuity, passion and vision to solve these complex problems and I could not think of a better partner than BootstrapLabs to do this with,” said Herb Kelsey, partner at Position A Partners and former chief architect for a U.S. DoD mission support agency.
Together, the firms combine access to value-add capital and a joint community of some of the world’s best AI and Cyber experts in computer vision, NLP, NLU, DL, mapping, robotics, cybersecurity and blockchain. Founders will be able to accelerate their product-market fit discovery, vet and hire top talent faster, close scalable revenue opportunities sooner and strategically plan exits to some of the group’s close strategic partners or to the public markets.
“There is no need for founders to re-invent the wheel with each venture; a certain product and technology may be unique, but the way to build and scale a company to success isn’t. Together our firms bring a unique combination of proven execution methodologies, skills, deep industry knowledge and resources so that founders can take their venture from early disruptor to market leaders in a fraction of the time, dilution and risks it usually takes,” said Darr Aley, founder and managing partner of Position A Partners.
“After spending decades building, investing and scaling technology companies, I know firsthand how critically important it is for founders to pick the right partners, which is why I founded BootstrapLabs. We have known Position A Partners for years, and as fellow operators and founders, we have the deepest respect for the work they do, and I am very excited to bring together our respective strengths to address some of the greatest opportunities of our time,” said Nicolai Wadstrom, founder and CEO of BootstrapLabs.
About BootstrapLabs
BootstrapLabs is a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. It actively invests in passionate entrepreneurs building disruptive early-stage technology startups that use AI/ML technologies to solve hard, global problems in sectors such as Transportation, Logistics, Financial Services, Future of Work, Cyber and Healthcare. Select Applied AI portfolio companies include AEye, Pinn Technologies, Vidora, Qurious.io, Roger.ai, Sibly, Indus.ai, Mendel Health, SmartEar, and many others.
Over the years, BootstrapLabs has cultivated a world-class community of 38,000 AI experts, founders, executives, developers and investors to fuel its high-quality deal-flow, provide access to top-tier talent and secure early customers for its portfolio companies. Over 2,000 professionals have attended its Annual Applied AI Conferences, quarterly Insiders Series and monthly workshops. The group also publishes a very popular Applied AI Digest newsletter that is read by more than 4,000 people each week.
About Position A Partners
Position A is a specialized investment, product innovation and corporate development firm working with disruptive technology companies in AI, IoT, Robotics, Autonomous and Electric vehicles, Transportation (all forms), Global Supply Chain and Cyber. The firm works with some of the most important engineers, scientists and business talent of our generation to solve the world’s hardest technology problems that are impacting its network of Private Equity, Family Offices, University Labs, Venture Groups and Nation States partners.
As a catalyst for innovation development and technology adoption, Position A leverages its direct access to critical infrastructure, deep knowledge of the regulatory environment, as well as expertise in forming public/private partnerships to accelerate global product adoption, revenue creation and exits for its clients.
Media Contacts:
BootstrapLabs Group LLC | Email: info@bootstraplabs.com
Position A Partners LLC | Email: darr@positionapartners.com
BootstrapLabs welcomes Dr. Thomas A. Campbell as Special Advisor
/in Blog, BootstrapLabs, News /by Mark MavroudisWe are very pleased to announce that Dr. Thomas A. Campbell, a recognized analyst and researcher in emerging and disruptive technologies, has joined BootstrapLabs as a Special Advisor.
“I have known Tom for a few years and I am very excited to have him join BootstrapLabs as a special advisor. His deep domain knowledge and expertise is an invaluable resource to our core mission to address some of the hardest technology challenges and opportunities facing our society for years to come.” Nicolai Wadstrom, Founder and CEO of BootstrapLabs.
Tom is the Founder & President of FutureGrasp, LLC, which advises organizations on trends and implications of emerging technologies. Before that he was the first National Intelligence Officer for Technology (NIO-TECH) with the National Intelligence Council (NIC) in the Office of the Director of National Intelligence (ODNI). Tom established and managed liaison relationships with academia, industry, and others to ensure a comprehensive understanding of technology and its intersection with global military, security, economic, financial and energy issues.
Prior to his government service, Tom was Research Associate Professor and Associate Director for Outreach with the Institute for Critical Technology and Applied Science (ICTAS) at Virginia Tech for over six years. He led corporate outreach and facilitated large, multi-principal investigator (PI) program and proposal developments in interdisciplinary areas.
Tom holds a Ph.D. in Aerospace Engineering Sciences from the University of Colorado at Boulder.
Announcing the Applied AI Conference 2018
/in AI, AI News, artificial intelligence, Blog, BootstrapLabs, Event, Silicon Valley /byBootstrapLabs is excited to announce the third annual Applied Artificial Intelligence Conference in San Francisco on April 12, 2018.
After the incredible success of 2017’s Applied AI Conference, we’re excited to share this day with over 800 AI professionals.
Watch the video summary of the Applied AI Conference 2017:
The one day conference brings together the brightest and most experienced professionals in the field of AI for an immersive day of learning, discussion, and connections.
This year we will have extraordinary sessions highlighting the practical applications and current business opportunities for Artificial Intelligence technologies across industries including Cybersecurity, Transportation and Logistics, Future of Work, Financial Technologies (FinTech), Healthcare, and more.
During the conference our expert speakers will showcase all of the concrete ways decision makers across the research, investment, corporate, and startup worlds can prepare, organize, and tap into AI’s transformative power.
The 2018 attendees will walk away with insights into the latest trends in Artificial Intelligence, including emerging technologies that are going to deeply change how we will leverage Artificial Intelligence applications.
Check out the sessions from some of our world-class speakers in 2017:
What people say about the Applied AI Conference:
An attendees list from the Applied Artificial Intelligence Conference 2017 is available at this link.
The 2018 schedule and speaker list will be announced shortly. You can follow the latest information here.
Don’t forget to take advantage of our very limited super early bird tickets right now (save $1000) and don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.
Applied AI Digest 94
/in AI, AI News, Applied AI Digest /byAI 100: The Artificial Intelligence Startups Redefining Industries
Today, CB Insights unveiled the second annual AI 100 — a list of 100 of the most promising private companies applying artificial intelligence algorithms across 25+ industries, from healthcare to cybersecurity — at the A-Ha! conference in San Francisco. Read more.
The Most Exciting Artificial Intelligence Applications in Media
Artificial intelligence (AI) has generated enormous hype in recent months, but opinions about the real impact of technologies like machine translation, autonomous vehicles, natural language processing, and computer vision vary widely. Read more.
Introducing ML-Agents v0.2: Curriculum Learning, new environments, and more
The Machine Learning team at Unity is happy to announce the release of a new version of Unity Machine Learning Agents – v0.2 Beta! With this release, we are improving the toolkit on all fronts… Read more.
Robotics and automation to replace 800 million human workers by 2030, says new report
The global effects of robotics and automation technologies is forecast to include the removal of as many as 800 million people from their jobs by 2030, according to a new report. Seventy million of them will be in the US. Read more.
Tracking Dolphins With Algorithms You Might Find on Facebook
Keeping track of dolphins is a slippery, patchy process. First, you must procure time on a ship or aircraft, which is expensive. After that, what you see depends on uncontrollable factors like weather, ocean conditions and whether the creatures happen to be hanging out at the sea’s surface. Read more.
The Merge
A popular topic in Silicon Valley is talking about what year humans and machines will merge (or, if not, what year humans will get surpassed by rapidly improving AI or a genetically enhanced species). Most guesses seem to be between 2025 and 2075. Read more.
Applied Artificial Intelligence Conference 2018
The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.
CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.
Take advantage of the limited Super Early Bird Tickets (Save $1000).
Job Opportunities:
GetAccept: Customer Success Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Software Engineer (Android)
Vidora: Senior Software Engineer – Applications
Smart Ear: Machine Learning Engineer
Trusted Insight: Data Scientist
See more job opportunities.
BootstrapLabs at Accelerate AI
/in AI, AI News, artificial intelligence, Ben Levy, Blog, Event, Silicon Valley /bySan Francisco, November 2, 2017 – BootstrapLabs Co-Founder, Benjamin Levy, led the “Applied AI: Investment Framework” session at the Accelerate AI last week in San Francisco, sharing AI’s latest implications for the business world.
Ben discussed the rapid evolution of AI technology and its impending impact on a wide range of business sectors. Ben provided some as to why AI is growing so quickly now, and what are some of the challenges and opportunities that lie ahead. His presentation highlighted some of the most current investment trends, data projections, and other industry guideposts to help the audience make the most of AI’s transformative power.
Accelerate AI, co-located with ODSC West 2017, brings together the top industry executives, managers and CxOs to help you understand how AI and data science can transform your business including: Healthcare, Insurance, Retail, Government, Education, Bio/Pharma, Media & Marketing, Transportation, Finance, Manufacturing, Energy & Utilities, E-commerce, and more.
WANT TO JOIN US TO THE NEXT AI EVENT?
Sign up for our newsletter list to receive updates, subscribe here.
BootstrapLabs Workshop: The Hard Things About Deploying and Scaling AI
/in AI, AI News, artificial intelligence, Ben Levy, Blog, Event, Silicon Valley /byThere’s no question about it, Artificial Intelligence is booming, the market is expected to grow 20 fold in the next 10 years. What are some of the challenges companies face when building true enterprise grade AI systems? How will companies adopt this new wave of AI technologies? That’s what the experts and attendees we assembled on November 30th for the Applied AI Workshop discussed. Attendees included executives and C-level from Softbank, Forever 21, AT&T, World Bank Group, Capital One, Samsung, Booz Allen Hamilton, Syniverse and more.
A special thanks for supporting the Artificial Intelligence community to the host of the workshop Wilson Sonsini Goodrich & Rosati.
Meet the BootstrapLabs Applied AI Workshop Speaker lineup:
Thomas Campbell, Founder & President, FutureGrasp, LLC
Thomas advises organizations on trends and implications of emerging technologies. As the first National Intelligence Officer for Technology, he served as the focal point for all activities related to emerging and disruptive civil technologies.
Jane McFarlane, Founder & CEO, Seurat Lab
Jane has over 30 years of experience in high performance computing, data analytics and geospatial mapping. She’s been responsible for directing industry research groups including: HERE (a leader in the geospatial mapping), Imara (a lithium ion battery company, and OnStar at General Motors (the first at-scale telematics solution).
Alex Holub, Co-founder & CEO, Vidora
Alex studied AI throughout his academic career at Cornell University and during his Ph.D at Caltech. He founded Vidora with Abhik Majumdar and Philip West in 2012, to put AI in the hands of everyone from marketers to data scientists to execs, providing them a simple platform to ask questions and use answers to automate and optimize their business.
One of the biggest challenges mentioned throughout the night was talent: attracting, retaining and growing the pipeline. The competition is fierce and startups and big companies alike have a hard time competing with the giants like Amazon, Facebook and Google.
It’s interesting to see that because of the talent gap, companies are heavily investing in code that can create code as Thomas Campbell mentioned and “when we get to that point when code creating the code is better than humans creating the code, that might start lifting AI to the next level”.
A big hurdle that Thomas Campbell sees in the near future is cybersecurity, a “tsunami of cybersecurity issues” to be exact. Because cyberbots as opposed to humans will be “faster, more efficient, never resting, omnipresent” and they will be used both for offense and defense, so as he puts it: the future will be AI vs. AI.
Prof. Jane McFarlane at UC Berkeley, presented a different set of challenges that AI faces in terms of the data it requires. To power machine learning algorithms, you need tons of data. But, “when you’re in a giant bucket of data, how do you pick out the bad?”
She’s worked in the space for several years and the data used to feed the machine learning algorithms always comes with some bad nuggets you have to parse out. Because of the difficulty associated with weeding out bad data, Jane says autonomous transportation won’t happen in her lifetime, “I’m the Debbie Downer of autonomous transportation”.
Another interesting point that Jane brought up is how overvalued Big Data is, she says “there are some nuggets in Big Data that are valuable, but the rest of it is redundant and costs a lot of money to store.”
Alex Holub from Vidora presented another set of challenges that companies scaling up AI projects run into, how do you figure out which methods/techniques to use? With so many options, figuring out the best way to clean the data, which feature engineering and model to leverage is very challenging for teams with limited resources. That’s exactly what Vidora is solving with their product Cortex.
Cortex learns based on the raw data, which feature cleaning, feature engineering and model technique to use. You can think of it as putting probabilities on which is going to be more successful by looking at the raw data set, based on what has worked in past projects with similar input.
The Artificial Intelligence industry is moving faster than ever before, but there are still big challenges such as: talent, cybersecurity and data veracity that we need to overcome to truly push the industry forward.
Applied AI Digest 93
/in AI, AI News, Applied AI Digest /byThe Time is Now: Why You Shouldn’t Wait to Invest in AI
While no one can offer a crystal clear vision of all that the future holds, it has been our mission at BootstrapLabs to provide both a point of view and a toolkit for you to make the most of it. Here’s why investing in artificial intelligence is a great move to make right now. Read more.
2 Berkeley grads are using AI to make stock-buying decisions — and it could change investing forever
When Art Amador worked in private wealth management at Fidelity, his clients expected him to know absolutely everything. Whether it related to global markets, macroeconomic factors… Read more.
51 Artificial Intelligence (AI) Predictions For 2018
It is somewhat safe to predict that AI will continue to be at the top of the hype cycle in 2018. But the following 51 predictions also envision it becoming more practical and useful, automating some jobs and augmenting many others… Read more.
Artificial Intelligence Index – 2017 Annual Report
Artificial Intelligence has leapt to the forefront of global discourse, garnering increased attention from practitioners, industry leaders, policymakers, and the general public. The diversity of opinions and debates gathered from news articles this year illustrates just how broadly AI is being… Read more.
MIT Looks at How Humans Sorta Drive in Sorta Self-Driving Cars
Almost half of Americans will hop in their cars for a Thanksgiving trip this year. But if you were being very precise—if you were a team of Massachusetts of Technology researchers who study human-machine interactions—you wouldn’t say that all those Americans are “driving,” exactly. Read more.
The Need for Artificial Intelligence: Increasing Global and Human Complexity
Despite the desire to return to supposedly simpler times, we cannot turn back. Our world is vastly different now compared to even a few decades ago. Because of phenomenal advances in medicine, housing, transportation… Read more.
Applied Artificial Intelligence Conference 2018
The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.
CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.
Take advantage of the limited Super Early Bird Tickets (Save $1000).
AI World
AI World Conference & Expo is coming to Boston December 11-13. Hear from 120+ executives in more than 70 sessions, including IBM Watson, Monsanto, Vodafone, Forrester, Facebook, Dun & Bradstreet, Goldman Sachs, Nielsen and more.
Join BootstrapLabs, CEO, Nicolai Wadstrom, Fireside Chat on December 13th “Evolution of the 4th Industrial Revolution”.
Save $200 off your 2 or 3 day VIP conference pass using priority code: AIW200BSL | Register today.
Job Opportunities:
GetAccept: Customer Success Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Software Engineer (Android)
Vidora: Senior Software Engineer – Applications
Smart Ear: Machine Learning Engineer
Trusted Insight: Data Scientist
See more job opportunities.
Applied AI Digest 92
/in AI, AI News, Applied AI Digest /byHow Reuters’s Revolutionary AI System Gathers Global News
Reuters is scooping its rivals using intelligent machines that mine Twitter for news stories. Read more.
Software 2.0
I sometimes see people refer to neural networks as just “another tool in your machine learning toolbox”. They have some pros and cons, they work here or there, and sometimes you can use them to win Kaggle competitions. Read more.
Why Decentralized Artificial Intelligence Will Reinvent The Industry As We Know It
Until recently, the contemporary AI industry had been built around a centralized distribution paradigm where machine learning solutions are delivered as a part of cloud-based APIs… Read more.
Search and Rescue Robots – Current Applications on Land, Sea, and Air
Every year over 100,000,000 people are also affected by natural disasters. Government, companies, and aid organizations are all working to keep these tragic deaths as low as possible. One tool they have turned to for help in recent years is search and rescue robots. Read more.
Machine Learning in Healthcare: Expert Consensus from 50+ Executives
The last few years have yielded a tremendous amount of attention at the intersection of AI and healthcare, from DeepMind’s partnership with the UK’s National Health Service to IBM’s continued pushes into areas of genomics and drug discovery. Read more.
Facebook to Use Artificial Intelligence to Help Prevent Suicides
Facebook is turning to artificial intelligence to detect if someone might be contemplating suicide. Facebook already has mechanisms for flagging posts from people thinking about harming themselves. Read more.
Applied Artificial Intelligence Conference 2018
The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.
CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.
Take advantage of the limited Super Early Bird Tickets (Save $1000).
AI World
AI World Conference & Expo is coming to Boston December 11-13. Hear from 120+ executives in more than 70 sessions, including IBM Watson, Monsanto, Vodafone, Forrester, Facebook, Dun & Bradstreet, Goldman Sachs, Nielsen and more.
Join BootstrapLabs, CEO, Nicolai Wadstrom, Fireside Chat on December 13th “Evolution of the 4th Industrial Revolution”.
Save $200 off your 2 or 3 day VIP conference pass using priority code: AIW200BSL | Register today.
Join the BootstrapLabs Applied AI Insiders Series: FinTech
The financial sector represents trillions of dollars in annual spending, most of which goes to technology, security, and infrastructure.
Speaker lineup:
This is an INVITE ONLY event. BootstrapLabs hosts a series of public and private events every year. Apply below to get access to the next exclusive AI event.
Job Opportunities:
GetAccept: Customer Success Manager
Sibly: Software Engineer (Full-Stack)
Aeye: Software Engineer (Android)
Vidora: Senior Software Engineer – Applications
Smart Ear: Machine Learning Engineer
Trusted Insight: Data Scientist
See more job opportunities.
THE TIME IS NOW: Why you should not wait to invest in AI
/in AI, AI News, artificial intelligence, Blog, Nicolai Wadstrom /by Nicolai WadstromThe world is buzzing about artificial intelligence, but there are many questions left unanswered, like: How will it affect me? What industries are most vulnerable? Are we ready? While no one can offer a crystal clear vision of all that the future holds, it has been our mission at BootstrapLabs to provide both a point of view and a toolkit for you to make the most of it. Here’s why investing in artificial intelligence is a great move to make right now.
The Data Is Here, Now We Need to Apply It
As with most technological revolutions, the wave of artificial intelligence is breaking on the heels of a promising body of research. Much is possible in theory, but those who take the leap and find working applications of the technology will determine how these innovations play out. That’s how we focus our investments – where can our “cognitive computers” make an impact and generate tangible value?
Over the last decade or so, adaptive and efficiency-driven software has swept up the global economy, reshaping entire industries and redefining the way we do just about everything. Early high-rollers like Google and Amazon created computer systems that leveraged vast amounts of data for consumer benefit and quickly became some of the most profitable and influential organizations in the world. The stage is set for a similar land-grab – and potential takeover – with artificial intelligence. Humans created more data in the last 18 months than in the entire history of the world, and we now have computers which can learn from this data more effectively than humans can. This means there is massive opportunity for investment and innovation, and it’s still early days.
AI Creates a Virtuous Cycle
One beautiful thing about machine learning and generative learning technology is that these systems learn adaptively, rather than following a limited set of rules. For Danny Lange, VP of AI and Machine Learning at Unity Technologies (and formerly Uber, Amazon, Microsoft and IBM), this means that his team can keep “gaining knowledge, then maximizing payout with current knowledge; but keep learning and exploring.” An initial investment in AI would not only help improve the way your business currently operates, but also enable you to innovate more rapidly and prepare for the challenges of tomorrow. With a virtuous cycle in motion between your technology, your processes, and your business strategy, you can exponentially increase the value of your organization.
In every field, such a cycle will enable us to tackle bigger and better problem sets, leading to more engaged and productive employees and, eventually, new job creation. This is true because the advancements that applied artificial intelligence offer have as much, if not more, to do with effectiveness as they do with big software’s efficiency. This is like the Internet squared – augmenting not only our access to information, but also our ability to use the information in meaningful ways. For example, startups like Mendel Health have cropped up for this very purpose. Making better decisions, more consistently isn’t just a good business model for a healthcare company, it’s helping save lives every day.
The Future Is In Your Hands
Of course, AI computers won’t be able to do everything by themselves. Yes, they will be ultra-smart data wizards who can make complex decisions in the blink of an eye. But we’re not talking about sentient robots taking over the world. It is we, the humans, who are building systems to steadily enhance the quality of life on this planet. The technology is enabling us to ask better questions – and give better answers – about what we hope to accomplish in this next wave of industry.
At our second annual Applied AI Conference in May, we were humbled and inspired by the amazing group of leaders across many different disciplines taking this project to heart. Researchers, entrepreneurs, investors, journalists, and more are striving for the most desirable outcomes through open dialogue and belief in a better future. As Hema Raghavan, Head of Machine Learning for Growth at LinkedIn, shared during the Conference, “we can build out the curve where everyone adapts together.” The combined investment of human capital, venture capital, and technology is a large-scale collaboration to build the infrastructure of tomorrow.
To rehash the healthcare example, there are especially huge opportunities for improvement in places where our economics are currently misaligned. Disruptors like visual diagnostic startup Captureproof are already “saving patients 99.996% of their time,” according to Founder and CEO Meghan Conroy, and it’s only a matter of time before a watershed change occurs. From niche applications like Captureproof and Mendel to corporate giants like Amazon and Ford making platform plays, the race is on. If you’re still on the starting block waiting for a cue, let this be your starting gun.
Don’t Wait, Don’t Hesitate
Perhaps the most startling thing about the AI revolution is the pace with which it is moving. Predictions for when a computer would be able to beat a human at Go were shattered by 20 years. In Q1 of 2017 alone, $1.7 billion was spent in seed funding for AI startups. If you’re not thinking about how AI will change your business, someone else is. If you aren’t willing to experiment, you will be left in the dust. The beauty here is that once you get started, there is plenty of room to grow and adapt – that’s exactly what AI does.
We’re right at the cusp of when the behind-the-scenes R&D work is turning into investment, and this investment will soon give way to large-scale market adoption. We’re proud to be at the heart of this exciting industry, and as entrepreneurs ourselves, we are ready to take on the challenges that it brings – together.
NICOLAI WADSTROM
Coding since 10 y/o. Founder, CEO, CTO. Advisor, Parallel Entrepreneur, Operator, Angel Investors.
Nicolai is the Founder of BootstrapLabs, a leading venture capital firm, based in Silicon Valley and focused on Applied Artificial Intelligence. Read more.