The Shifting AI Innovation Landscape: From Prediction to Creation
Artificial Intelligence (AI) is the largest contributor to innovation revenues worldwide representing 23% of total revenues in the Singularity Index, the global innovation benchmark. The evolution of AI and its applications to different business areas has created immense value to companies and investors. At TSG, we follow the development of technologies closely. What is the current state of AI and what will be the value drivers we expect to emerge in the future? Based on expert conversations, we look into AI consulting, discuss why Netflix’ and Spotify’s recommender systems are commoditized, and explore the accelerating shift from Discriminative AI to Generative AI — a transition to AI applications with significantly improved creative capabilities.