The Next Frontier: Artificial Intelligence And The Startup Industry

From the story of Talos of Crete to Mary Shelley's Frankenstein, the concept of artificially-simulated intelligence has long fascinated humankind. This urge to replicate intelligence through synthetic measures is what is even today driving us on to greater innovations. Our online searches are now taking into account the previous'experiences' to curate more tailored results, our cars are becoming self-driven as a result of AI-based tech and robotic domestic helpers have crossed the menial tasks of cleaning homes off the list of their human masters. In short, each and every aspect of our lives is being increasingly taken over by AI, and these examples are barely scraping the tip of the iceberg. To gain a more detailed insight into how ingrained artificial intelligence, heuristic algorithm and machine learning is becoming to everyday functioning, one only needs to take a look at the global startup ecosystem. While traditional technology majors such as IBM, Google, Microsoft and Amazon do figure in prominently when it comes to AI, there are several start-ups and tech-based ventures which are focusing on the technology as a key differentiator for their services and using it to revolutionise the way that businesses are conducted.