{"id":42905,"date":"2023-11-13T07:23:14","date_gmt":"2023-11-13T12:23:14","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=42905"},"modified":"2023-11-14T09:57:08","modified_gmt":"2023-11-14T14:57:08","slug":"ai-development-conference-sparks-talks-of-startup-extinction","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/ai-development-conference-sparks-talks-of-startup-extinction\/","title":{"rendered":"AI development conference sparks talks of startup extinction"},"content":{"rendered":"<p>AI experts and investors gathered at the Axios&#8217; AI+ Summit this week to discuss the future of the industry, with some predicting a &#8220;startup mass extinction event&#8221; due to the rapid advancements in AI technology.<\/p>\n<p>Investors at Sequoia Capital and Andreessen Horowitz, however, expressed optimism, stating that they are still actively investing in AI startups, particularly those focused on solving complex problems with their products.<\/p>\n<p>They cautioned against investing in companies that are merely incremental improvements of existing AI infrastructure, emphasizing the importance of originality and innovation.<\/p>\n<p>The discussion also highlighted the growing importance of international AI talent, with both firms acknowledging the hotbeds of innovation emerging outside of Silicon Valley.<\/p>\n<p>On the topic of copyrights and the use of data in AI systems, investors expressed cautious optimism about OpenAI&#8217;s announcement that it will defend customers accused of infringement. They believe this move signals OpenAI&#8217;s confidence in the legal defensibility of its technology.<\/p>\n<p>The sources for this piece include an article in <a href=\"https:\/\/www.axios.com\/2023\/11\/11\/artificial-intelligence-venture-capital\" target=\"_blank\" rel=\"noopener\">Axios<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI experts and investors gathered at the Axios&#8217; AI+ Summit this week to discuss the future of the industry, with some predicting a &#8220;startup mass extinction event&#8221; due to the rapid advancements in AI technology. Investors at Sequoia Capital and Andreessen Horowitz, however, expressed optimism, stating that they are still actively investing in AI startups, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[349],"tags":[577],"class_list":["post-42905","post","type-post","status-publish","format-standard","hentry","category-development","tag-development"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/42905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=42905"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/42905\/revisions"}],"predecessor-version":[{"id":42907,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/42905\/revisions\/42907"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=42905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=42905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=42905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}