Entrepreneurial Thought Leaders (ETL)
Andrew Ng (AI Fund) - The Near Future of AI
Oct 25, 2023
Andrew Ng, managing general partner at AI Fund and founder of DeepLearning.AI, discusses the near future of AI and its potential opportunities for entrepreneurs. Topics covered include: the power of prompting in AI development, AI startup for smart routing in ocean-going vessels, advice for students interested in AI, the debate on responsible AI, the next big shift in AI, and potential opportunities for entrepreneurs.
46:19
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Quick takeaways
- Large language models are becoming a powerful tool in AI, enabling the creation of various applications with lower barriers to entry, allowing startups to build prototypes more efficiently and experiment with multiple features.
- The application layer of the AI stack offers ample opportunities for AI entrepreneurs and developers, with lower competition intensity compared to the hardware and infrastructure layers dominated by big tech companies, allowing for innovation and valuable partnerships in specific domains.
Deep dives
The potential of AI as a general-purpose technology
AI, similar to electricity, is a general-purpose technology with numerous applications. It is revolutionizing AI application development, particularly with the emergence of prompting, which allows for faster system building and deployment. Large language models are becoming a powerful tool in AI, enabling the creation of various applications with lower barriers to entry. Startups can take advantage of these models to build prototypes more efficiently and experiment with multiple features before deciding which ones to keep. Responsible AI practices are crucial in ensuring the safe and ethical use of AI technology.
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