Emerging Tech unicorns & Strong AI convergence at Davos2020
Who would benefit from AI-driven wealth creation (expected as much as $15.7 trillion)?
Experienced investors know the simple secret of WEF: the inside information is not awailable at public #WEF sessions but at side events.
There at Davos were a lot of invitation-only investment event. Em-Tech Investment meeting in Intercontinental (hotel where D. Trump is staying) and Cyber Future in Schatzalp (the oldest high-level 5*hotel) to name some.
Strong AI initiative: get an AI help for profit from your data!
The main public question is who profit from your data.
At 50th WEF were discussed megatrends: privacy, safety/security, transparency, fairness (non-discrimination), human control of technology, social responsibility. In order to maximize the benefits and minimize the harms of AI and other technologies.
The main question was put at non-WEF event, where Facebook’s top executive had a face-off against Amazon’s CTO Werner Vogels. He stood up and said:
- “What would you want to do for them, users actually have precious goods in their hands that are being sold to others?
- “I strongly agree with the implicit suggestion in your question” — responded Facebook PR officer.
At Davos 2019, I initiated this discussion: sharing benefits with data owners.
The idea of Strong AI initiative is to design human-level AGI, that will be for each person benefit, not for shareholders of data aggregators like Facebook.
You will be able to make money from insurance company, when this kind of personal AI Shield will secure your health and other critical issues.
Who will profit from Ai-generated $15,7 Trillion new wealth?
Sharing benefits from AI-driven wealth (expexted as much as $15.7 trillion, “making it the biggest commercial opportunity in today’s fast changing economy,” according to a recent report by PwC), is the main goal of Strong AI initiative.
At the picture above: co-founders of Strong AI initiative, E.Musinski and M.Viviani, CEO of an US company Strong Artificial Intelligence.
Second main topic of Davos was ecology.
This topic I discussed at Davos with Andrew Forrest and Bill Tai,
an Richard Branson partner and investor in eco-friendly projects.
Below: Edward Musinski speech in front of panel discussion participants, on the topic of sustainable future, Davos 2020
Based at Davos megatrends, I presented Em-tech Rating.
I have 10 years in the field of evaluating and rating startups. In the process of analsing demand trends (based on Google search trends, statistics of investments), I created first RATING OF EM-TECH.
According to my methodology, we’re able to predict the potential of company based on technologies it is ised, the demand for these technologies.
Ranking is the core of any process of structuring, from Rating to AI.
Are college ranking lists objective? How do we rank and rate countries based on their level of corruption, economics and other factors? How do we find the most relevant web pages? How are employees ranked?
All it is about the ranking. AI in the essence is also the process or ranking!
According to preliminary list of Em-tech (to be validated later by a panel of experts), there is AI on the 1st place of Em-tech Ranking.
Accordingly, on the 1st place among AI startups is Verseon.com
This company is presented in the top 10 of our Emerging Technologies Ranking. Convergence of interdisciplinary technologies and AI-driven drug discovery, there is what makes Verseon a leader.
It is first part of my report from 50th Davos forum. To be continued…
