In the nineteenth century, the invention of electricity fostered the development of innovations such as the light bulb and the telephone, changing people’s everyday lives. Last year, with the emergence of ChatGPT, industry professionals recognize it as a ‘light bulb moment’ for Artificial Intelligence (AI). This was due to the fact that the utility of the technology became visible to the public eye, causing a wave of excitement. Stephen Wolfram, a computer scientist, physicist and founder of Wolfram Alpha referred to this moment as electricity in the past. Just like how the telephone broke barriers in communication, AI is impacting the way applications and the public interact.
Peter Levine, General Partner at Andreessen Horowitz termed this ‘aha moment’ for AI, where attention to the technology can have a deep impact that took years to build. He added that people have invested a considerable amount of time and effort understanding AI’s potential benefits and it is only now that it is coming to the forefront with ChatGPT forming the basis of operation.
Vishal Sikka, CEO of Vanai Systems and former CEO at Infosys, sees it differently. He believes that the ‘aha moment’ for businesses and applications has yet to happen. It could take longer than expected for AI to become thoroughly integrated in all mission-critical gadgets.
Andreessen Horowitz is a venture capital firm formed in 2009. It invests in early to late-stage companies in various technology categories. It is prominently recognized in the world of financial technology, healthcare, and biotechnology. Peter Levine is the General Partner who oversees the development and growth of many breakthroughs in the venture markets. Vishal Sikka is a former CEO of Infosys and the founder of Vanai systems. Vanai is an MLOps startup that focuses on deployments of machine learning models in the cloud, with a straightforward user identity.
