It's true that AI is sometimes overly hyped, with the promises of this technology sometimes stretched to unfeasible bounds. Regardless, two things are clear: 1) AI has tremendous potential for creating "deep value" and 2) one day it will become ubiquitous.
We're not quite there at the point of pervasive and affordable mass adoption. Most of the financial and intellectual capital in the field of AI is currently monopolized by the world's largest tech giants such as Amazon, Microsoft, Google, Alibaba, etc. However, eventually this technology will come down the cost curve, with the IP more readily accessible to those without deep minds and pockets.
At #AppWorks, we're preparing founders for that day. We don't necessarily invest our time and resources in helping AI startups per se, but ambitious founders who believe in the future of AI. We recognize that resources such as data pipelines and technology knowhow are often out of reach for bootstrapping founders and startups alike.
With our unparalleled network of founder mentors, industry advisors, investor partners, and an alumni base of 300 active startups, AppWorks Accelerator has effectively democratized access to those resources, giving entrepreneurs a fighting chance against the big guys. More importantly, we've cultivated an environment for founders to shorten their iteration cycles and speed up their growth, whether it's by working alongside like-minded individuals in a close-knit space or seeking advice from ex-entrepreneurs who've all done it before.
Be sure to follow AppWorks and stay notified on when applications for our next AI & blockchain-only batch (AW#18) go live.
