Dan Scholnick, General Partner at Trinity Ventures, compares vertical domain-specific AI applications against horizontal platforms at Data Driven NYC in 2016.
“But that's, I think unless we see more crowd flowers, the vertical approach is going to be a lot more successful in the near term because it won't rely on the customer to have expertise in how to do things like tune models and tune training sets and things like that.”
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More from Dan Scholnick
Disclosure
Scholnick: New York is not a focus area for Trinity Ventures
“To be, I mean, to be truly honest with you New York isn't a focus area for us.”
Dan ScholnickJan 25, 2016▶ 5:41Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
AssertionNot checkable as stated
Scholnick: Most tech industry value is still created in the Bay Area
“Still most of the value being created in the tech industry is in the Bay Area.”
Dan ScholnickJan 25, 2016▶ 6:11Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
PredictionNot checkable as stated
Scholnick: AI commercialization will replicate the massive enterprise boom of Big Data
“And to me it feels like, Big data. Maybe six or seven years ago where companies were real waking up and realizing we have all these data assets. We need to do something with them. And that led to the rise of Hadoop and the Hadoop vendors and then, you know, a …”
Dan ScholnickJan 25, 2016▶ 9:19Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
AssertionNot checkable as stated
Scholnick: Tech organization influence has shifted from IT groups to developers
“The power in, and the influence in technology organizations is, has moved, shifted dramatically away from the classic IT group to the developer.”
Dan ScholnickJan 25, 2016▶ 15:28Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
Insight
Scholnick: Hard to build a business on undifferentiated horizontal data tools
“There are so many undifferentiated products and services out there. And I think the advice that was given by the earlier speakers of solving problems, specific problems for the customer, instead of just trying to be Horizontal in, you know, we have a better qu…”
Dan ScholnickJan 25, 2016▶ 19:04Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
AssertionPartly supported
Scholnick: New Relic hired zero sales reps during first four years
“And for the first Three or four years of the company, he refused to hire any sales reps.”
Dan ScholnickJan 25, 2016▶ 25:41Investing in Data and A.I. // Dan Scholnick, Trinity Ventures (Hosted by FirstMark Capital)
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