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Shekhar Natarajan

πŸ‘€ Speaker
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8585 total appearances
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Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

Right.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

And, you know, there are a couple of people who have come out of like, you know, open AI, set up their own shop.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

And each of these companies are worth like 24, 25 billion dollars and raise like, you know, four, five, six, seven billion dollars.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

Right.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

So and that is all seed round, by the way.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

They are not like series A. Just coming out of the gate, like some of the world thinks these scientists know better what they're trying to do.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

The problem is, this is not a scientific problem.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

This is a trust problem we are trying to solve.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

You know, you can hire the best scientists, but if they can't fix the world problem, you just wasted your money.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

What you need is a practical application of how this is going to be applied in society and in enterprises.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

you need to have that common sense you can have the best scientist but that fellow doesn't know how to tie a shoelace then it's of no use so this is what is happening like all these systems came out with no context of how it can destroy humanity and it was like thrown out into the world so we are seeing validation that people who are talking remotely close to my idea are raising a lot of money

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

Now let's talk about what I am trying to raise money for.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

So we are trying to raise money much more in a very resourceful way.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

We don't want to spend a lot of money.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

So we will raise 50 million dollars but we will raise it in three tranches because we want to be based on milestones.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

15 million, 15 million and 20 million.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

Where does the money go?

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

The money goes primarily in four things that we're trying to do.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

First is we have to train our models to make them much more efficient.

Tomorrow, Today
The Future of AI: Can Humans Really Trust Artificial Intelligence?

So every time you ask a question, it gives much, much, much, much better answer than basically what like the traditional systems do.