Rabu, 01 September 2021

Coming from Science Fiction to a Reality Near You

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Dear Angel Insights Reader,

What was fiction in the 60s became reality in the 2000s. Remember how this became this?

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In 2011, America witnessed Watson - a computer developed in IBM's DeepQA project compete on Jeopardy (television game show) against Ken Jennings - arguably one of the top data rich human beings on the planet, who could retrieve facts and answers out of the blue under the pressure of competition for 74 straight games, winning $2.5 million over the course of those consecutive games. .

Of course, give me a computer with access to all documents of law, science and history at my fingertips and I can find you an answer to any question in a few clicks. But does that mean the computer is smarter than human? And if computers can think, where are the investment opportunities going to show up in Artificial Intelligence, aka AI?

Over 100 years ago, Napoleon Hill was challenged by Andrew Carnegie to research and write Think and Grow Rich. This sums up the entire book:

What the mind can conceive typically starts out accepted as science fiction. That's the only way people believed flight was possible before the Wright Brothers made it happen. Before we put a man on the moon, or scanned the heavens with a telescope located in orbit it was all fantasy.

The imagination of yesterday became the quest that drives startups to make it so.

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