Stay ConnectedThe AI in Business Podcast is for non-technical business leaders who need to find AI opportunities, align AI capabilities with strategy, and deliver ROI.
Each week, Emerj research staff and journalists interview top AI executives from Fortune 2000 firms and unicorn startups – uncovering trends, use-cases, and best practices for practical AI adoption.
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Copyright: © Daniel Faggella, 2014
Although machine learning in finance is far from new, it is merely at the cusp of a much wider set of applications (in all segments of finance, from insurance to bookkeeping and beyond). Already machine learning has overhauled so many aspects of the financial landscape, from accounting to trading, and it is destined to have more and more impact as it develops further. Guest Alexander Fleiss and his team at Rebellion Research are developing and using AI which uses quantitative analysis to pick investments. Fleiss discusses the current status of machine learning in the world of finance as well as lesser-known niche applications that don't make headlines - but do make a big impact on how businesses are run. He then goes on to explore the effects of future innovative applications of AI in the financial domain.
Guests Will Jack and Nikhil Buduma co-founders of Remedy Health Inc discuss the challenges involved in collecting, setting up and structuring data in order to implement AI in healthcare. By the end of this episode, listeners will have gained insight into the challenges of healthcare data systems, and the potential solutions to cleaning and organizing this data for healthcare AI applications.
If there's any industry ripe for disruption by AI and ML applications, it's healthcare. This week, we speak with ElevenTwo Capital's Founder and Managing Partner Shelley Zhuang, whose investment focus (among other spaces) is on innovative healthcare services. In addition to discussion how AI is helping propel genomics, diagnostics, therapeutic treatment, and other innovations, she touches on what the healthcare space might look like in the next 10 years. For healthcare startups looking to break into the healthcare market, Zhuang doesn't pretend to have simple answers; however, she identifies commonalities among companies that have been successful in smart preparation for meeting regulatory and other industry considerations. This interview was recorded live in San Francisco at Re-Work's Machine Intelligence in Autonomous Vehicles Summit in March 2017.
In the last few months, we've had a string of fantastic interviews with investors and have gained a cross-industry picture of what's important for start-ups and emerging trends in the AI and ML space. This week's interview is no exception. Ann Miura-Ko, co-founder and partner at Floodgate, starts with an explanation of the "self-driving enterprise" concept, her functioning idea about AI investing and the future of software in general. Her high-level insights embody an interesting emphasis on the dynamic of human-machine interactions and relationships cross industries, including the constant workflows and interactions of people using software and bolstering the predictive and prescriptive analytics capabilities of that software. While forward-thinking, Miura-Ko also paints a picture of how these synergistic relationships between humans and machines are happening with companies today.
Getting an investor's perspective in AI is always a good idea for companies looking to raise money, in terms of understanding of excites VC's, but even more broadly an investor's perspective can point to emerging factors in how AI is going to impact a particular industry, shining a light on industry developments, including the commonalities that matter for any company, in any industry, leveraging these tools that are increasingly embedded with AI. In this episode we interview Polaris Partners' Gary Swart, who speaks about elements of companies that are laying the right foundations for using AI optimally and making a more defensible, durable company in an increasingly competitive landscape.
The upsurge of malware and sophisticated attacks continue to keep cybersecurity in the spotlight, but new developments in AI and deep learning offer more advanced solutions to combat security threats. This week, we catch up with Eli David, CTO of Deep Instinct—a company founded in Israel with US headquarters in San Francisco—that applies deep learning to information security. David spoke with us about why and how the deep-learning approach to AI is relevant to the future of cybersecurity.
Companies that are actively building their own security infrastructure, or are in growth mode and know they will eventually need to, should find this interview particularly relevant. David shares his perspective on how and where potential cyberthreats focus their attacks and the resulting ramifications for industries as they look for best ways to respond and prevent attacks.
One of the most clear insights from our recent consensus in marketing and advertising was that companies who have more digital touch points along the path to conversion—and more conversion in general—have an advantage when applying AI and ML technologies. In this week's episode, Scopely Co-Founder Ankur Bulsara shines a light on this dynamic and describes how gaming companies are taking advantage of digital trails and applying machine learning technologies. We don't cover much gaming on the TechEmergence podcast, so this interview is a bit off the beaten path. Bulsara speaks about how dialed-in and instrumented the mobile gaming environment is and how data is used to leverage higher conversions over time, as well as how Scopely's systems are set in place to ensure success of their business model. We think his insights on how gaming companies leverage higher conversions with (and without) machine learning can serve as an analogy for companies in other industries that are considering how to set in place similar, optimal digital processes over time.
In this episode, we speak with Co-founder and CEO Alex Holub of Vidora, about how AI can be put to work to improve marketing results. Holub touches on the resources needed—time, money, in-house or outside expertise, calibration, and data— in order to leverage AI in a realistic way. It's safe to say that today, some businesses are not yet set up to be leveraging AI, while others should be seriously considering taking the leap to using machine learning. Holub draws some firm lines as to what kinds of businesses are primed to take advantage of AI, and what it takes to flip the switch and make AI a useful and inspired revenue driver in the marketing domain.
I'm always a little shocked when I see how much venture investing goes into the healthcare space, which brings me to the subject of this week's episode: just how the healthcare industry is (and isn't) being impacted by innovations in AI technology. Guest Steve Gullans of Boston-Based Excel Venture Management talks about some of the various healthcare-related ML and AI applications that he sees being brought to light, and touches on which innovations have a better chance of getting blocked and redirected by parties of interest and those that have more promise in being accepted and rolled out sooner. By the end of this episode, listeners will have a more clear picture of practical considerations in healthcare technology adoption, reasons that are often less about quality or potential of the technology and more about clarity on ROI for investors.
At TechEmergence, we like to look around the corner at where AI is impacting industries and how people can make better business decisions based on that information. AI and software is an emerging topic of interest to many companies, and in this episode we get a venture capitalist's perspective on where AI will play a vital and necessary role with real results in software and industry.
Jake Flomenberg, a partner with venture capital firm Accel in Palo Alto, shared his insights on how software can integrate AI in intuitive and valuable ways for users. He cites some of the companies that Accel has invested in to illustrate some of the potential software features that may be introduced to the enterprise in the next five years or so. Flomenberg's insights may be useful for anyone building a business or planning to buy a product or service from a software vendor in the near future. If you're interested in getting other founders' perspectives on the feedback and interest shown by investors in their startups, our AI startup consensus on investor sentiment is a good place to start.
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