The Not-So Tidy Economics of an AI Startup – TechStreet – Medium
7 March 2019 3:30 PM IST
Technologies like AI, ML and Deep Learning probably need no introduction. Thanks to Andrew Ng?s super famous course on Machine Learning?
- Technologies like AI, ML and Deep Learning probably need no introduction.
- They didn’t want to get into the more common product development scenario which startups generally are into.
- The unit economics of a product based startup are again a separate discussion space but enough to say that these founders had seen how pockets can stay empty for long trying to sell a tech product.
- So, they wanted to get into AI Services, just like typical IT Services where client wants something
- Interestingly, one of the startup did develop a niche AI solution for a client and the client agreed to use their model only in a mode where the data will not leave client’s ecosystems.
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