Welcome to the Artificial Intelligence Podcast with Jonathan Green! In this episode, we explore the world of AI from the perspective of an investor with our special guest, Adrian Mendoza, a venture capitalist and tech expert who has been at the forefront of AI investment since the early days.
Adrian shares insights on how AI has evolved, particularly focusing on the current hype cycle surrounding AI technologies. He discusses the key differences between past AI innovations and the recent explosion of interest sparked by generative AI models like ChatGPT. Adrian emphasizes the importance of identifying companies with long-term potential in AI, warning against investing in companies that rely solely on hype without a strong foundation of proprietary data.
Adrian also explains the concept of “hallucination” in AI, where models generate incorrect or fabricated information. He discusses why this is a critical issue for sectors like finance and healthcare, where accuracy is paramount. Investors must carefully evaluate which companies are solving this problem by integrating AI with proprietary data and not just relying on generic models.