VC investment in AI: An opportunity for disruption, just don't expect miracles or Tony Stark's Jarvis

AI is making waves in the tech industry, with everyone from Google to the smallest start-up trying to profit from artificial intelligence. Chatbots, roboadvisors, virtual assistants and smart cars have been brought out of the realms of science fiction and embedded in everyday life, with these technologies seemingly only scratching the surface of what AI can actually do. The promise of AI is a hard one to measure and an even harder one on which to make a bet on. But now, as AI begins to deliver and starts to disrupt, some are making huge bets on what they view as the future of technology. Talk of unicorns and huge IPOs have fuelled the rush to invest in tech – with investors pouring money into innovators of all sizes, from established enterprises to those who start out in the basement or garage.