At a recent startup event, some young founders asked me how essential is it to include AI (artificial intelligence) in their venture? It was a good question because, seemingly, everything around us has ‘ai’ in it. As an experiment, I prompted an ai tool to write this column for me on AI startups, with a rule that most words in this article must have “ai” in it. Enjai.
The AI startup terrain is in a tailspin, as founders aim to attain gains in an affair that seems both praiseworthy and painstaking. The main trait of startups is their faith in AI, claiming it will sustain industries and restrain failure. Some complain that this campaign curtails human creativity, fearing AI will derail traditional jobs and taint industries.
Daily, brainy entrepreneurs train AI models, painting a portrait of a future where AI aids in all domains, from retail to railways. AI’s availability has been hailed as a fountain of innovation, with claims that it will sustain businesses, raise efficiency, and hail a new era of automation. However, critics complain of an unfair over-reliance on AI, questioning its attainability in a balanced workforce.