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2024 Big Ideas: Developer Influence, Maritime Upgrades, and New Video Intelligence
a16z Podcast
The Potential of Leveraging Video Data
The prevalence of captured video data and the opportunity to leverage it in new ways is a compelling prospect. The convergence of factors including the proliferation of cameras, cost-efficient and available technology, and innovation in AI models has created a tipping point for large venture scale outcomes. The availability of video data, more cost-efficient cloud computing, increased edge computing capacity, and innovation in AI models have collectively contributed to the potential for leveraging video data in ways that were not previously feasible. The application of transformers in vision tasks, such as image classification and object detection, has also enhanced the prospects for analyzing and understanding video data with greater ease. Additionally, the experience of successful companies in difficult verticals can provide valuable insights for applying similar approaches to other untapped verticals.
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