The New Moats – Greylock Perspectives

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To build a sustainable and profitable business, you need strong defensive moats around your company. This rings especially true today as we undergo one of the largest platform shifts in a generation as applications move to the cloud, are consumed on iPhones, Echoes, and Teslas, are built on open source, and are fueled by AI and data. These dramatic shifts are rendering some existing moats useless and leaving CEOs feeling like it's almost impossible to build a defensible business. In this post, I'll review some of the traditional economic moats that technology companies typically leverage and how they are being disrupted. I believe that startups today need to build systems of intelligence -- AI powered applications -- "the new moats."


The intelligent app ecosystem (is more than just bots!)

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S. Somasegar is a venture partner at Madrona Venture Group and the former head of Microsoft's Developer Division.. Daniel Li is an investor with Madrona Venture Group. Application intelligence is the process of using machine learning technology to create apps that use historical and real-time data to make predictions and decisions to deliver rich, adaptive, personalized experiences for users. We believe that every successful new application built today will be an intelligent application. The armies of chat bots and virtual assistants, the e-commerce sites that show the right recommendations at the right time, and the latest dating apps, are all built to learn and create continuously improving experiences. In addition, legacy applications are becoming more and more intelligent to compete and keep pace with this new wave of applications.


The intelligent app ecosystem (is more than just bots!)

#artificialintelligence

S. Somasegar is a venture partner at Madrona Venture Group and the former head of Microsoft's Developer Division. Daniel Li is an investor with Madrona Venture Group. Application intelligence is the process of using machine learning technology to create apps that use historical and real-time data to make predictions and decisions to deliver rich, adaptive, personalized experiences for users. We believe that every successful new application built today will be an intelligent application. The armies of chat bots and virtual assistants, the e-commerce sites that show the right recommendations at the right time and the latest dating apps are all built to learn and create continuously improving experiences.


The intelligent app ecosystem (is more than just bots!)

#artificialintelligence

S. Somasegar is a venture partner at Madrona Venture Group and the former head of Microsoft's Developer Division.. Daniel Li is an investor with Madrona Venture Group. Application intelligence is the process of using machine learning technology to create apps that use historical and real-time data to make predictions and decisions to deliver rich, adaptive, personalized experiences for users. We believe that every successful new application built today will be an intelligent application. The armies of chat bots and virtual assistants, the e-commerce sites that show the right recommendations at the right time and the latest dating apps are all built to learn and create continuously improving experiences. In addition, legacy applications are becoming more and more intelligent to compete and keep pace with this new wave of applications.


CIO Explainer: What is Artificial Intelligence?

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Artificial intelligence is approximating human reasoning more and more closely all the time. Wide-scale adoption by business may be approaching, with important implications for how people live and work. AI is paving the way for new business models and raising questions about how people and machines can best work together. Now, thanks in part to cheaper and faster computing power, intelligent machines help doctors comb through troves of medical images to identify diseases early, allow manufacturers to predict when their machines will break (and fix them before that happens), and provide the "brains" behind increasingly autonomous vehicles. It's also playing a central role in the consumer market, powering the latest virtual assistant, for example, or the engine that matches Airbnb guests with the housing they want.