In an age of high interest rates, lay offs and companies slowing down of hiring the Ai market is building and investment capital is flowing.
We rounded up some of leaders in the space ideas about the future of AI and where they see opportunities:
By the time next year’s list rolls out, I believe generative AI and LLMs will still be dominant. But the landscape is changing quickly and there are big opportunities for companies that can move with it. - Konstantine Buhler, partner on Sequoia's seed/early team
AI is quite possibly the most important – and best – thing our civilization has ever created, certainly on par with electricity and microchips, and probably beyond those. - Marc Andreesen
Y Combinator, one of the most famous startup accelerators, is like boots on the ground for predictions on whats to come.
There are very very well paid people who are leaving their jobs and who are starting startups right now because they believe that llms are a powerful tool - Michael Seibel, Managing Director of Y Combinator
A record-breaking 24,000 applications flooded in for their most recent cohort, with less than 1% making the cut. Over a third of the accepted companies in this batch are focused on artificial intelligence.
Building a startup? - Check out this video of Garry Tan, from Y combinator critiquing Ai Startups websites:
I think one of the things we will see from AI as a platform technology is I think some new categories will emerge and we’re looking at a lot of seed and series A deals trying to figure out which will be those, what will be the value creators. - Reid Hoffman
This quote comes from Saam-motamedi during his speech at the TMT Conference hosted by Morgan Stanley, which saw over 3,000 investors and technology firms participating:
Early stage continues to be very robust and it might surprise people here that we are as active as we’ve ever been at Greylock. I think this week we had three companies into our full partner meeting on Monday. A lot of them have something to do with AI, which we’re going to talk a lot more about in a bit. We’re investing early, we’re investing with 10-year time horizons and we continue to be very active. - Saam-motamedi
Of course all of this comes after AI leaders in the space released a Statement on Ai Risk: