Following the hype train isn’t always a bad thing
AI has been around for a while, but recent companies have taken it to the next level by incorporating AI into their everyday operations. Y Combinator’s latest program is no different. The class of 2018 will be heavily weighted in terms of companies that incorporated AI into their business model. This includes everything from using natural language processing to create more user-friendly interfaces to utilizing machine learning algorithms to better target advertising opportunities.
YC demo day next week is sure to bring a lot of exciting new startups to the stage. But one Startup that will be on everyone’s mind is chatGPT, a company that uses chatbots for customer support. Half of the participants in YC’s latest cohort seem interested in using chatbots, so it seems likely that something ground-breaking will come out of this company.
This increased focus on AI is likely because it is seen as a key trend in the industry, and one that startups can capitalize on to differentiate themselves. The field of generative AI is still in its early days, so there are many opportunities for startups to innovate and improve upon existing models. While it may be difficult for some companies to break into the market with an entirely new approach, using machine learning technologies and applying them in novel ways can give them an edge.
The author spends much of the book discussing how people typically approach problem-solving and why it often fails. By providing a variety of real-world examples, she demonstrates that most people
