Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
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Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#2I bet the same applies to "blockchain startups"
> create a company and use a popular buzzword
> ???
> get money
Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#3I'm pretty sure that it's universal and not restricted to just European 'AI startups'.
Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#4This is kinda funny, our main competitor(another startup) within the chatbot domain started without using any kind of machine learning. The chatbot just weighted keywords to predict the intent. They won some major contracts, but never got their chatbot to work on more than 50 different intents in a single language.
We started with LSTM's from day one, and has since then supported thousands of different intents in many different languages.
Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#5Yeah this is probably a pretty common phenomenon. Somebody claims to have a billion dollar artificial intelligence; what they really have is a file full of frigging regular expressions.
Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#6Investors => We use AI.
Employee => Cutting edge machine learning
Actual code => linear regression.
Re: Forty percent of ‘AI startups’ in Europe don’t use AI, claims report
#7The only difference between ML and AI is about $10m in venture capital.