Silicon Valley companies are undermining the impact of artificial intelligence

Leveraging machine learning and artificial intelligence to glean information from large data sets is the greatest technology opportunity of a generation. After a decade of acquiring talent from startups and research universities, tech companies like Facebook, Google and Uber have amassed some of the best AI teams in the world. However, we are not seeing the impact we deserve beyond the tech sector. Unfortunately, progress in other industries has become collateral damage to the tech sector's race for AI talent, and this issue has received little attention. Over the last five years, 90 percent of AI startups in Silicon Valley have been acquired by leading tech companies.