The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch cover image

20VC: Why Data Size Matters More Than Model Size, Why The Google Employee Was Wrong; OpenAI and Google Have the Advantage & Why Open Source is Not Going to Win with Douwe Kiela, Co-Founder @ Contextual AI

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Tidal Wave of AI Adoption

Businesses are facing fundamental blockers in adopting AI today such as hallucination, attribution, compliance, up-to-dateness, data privacy, and latency. However, the industry is making strides to resolve these challenges to prepare for enterprise usage. There is a consensus that the adoption of AI is on the rise with many companies already experimenting and implementing AI in various areas. While some believe that the tidal wave of adoption will happen next year, others argue that it is already in progress, though hurdles still need to be overcome. The adoption of AI is expected to be gradual as companies work on identifying the right use cases for different AI models instead of rushing into adopting the technology.

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