06:30:00 +07:00 85% of AI Startups Will Be Out of Business in 3 Years, Major Investor Says - "I would say a lot of the startups today, 85% of them, will be out of business in three years. They will run out of funding. The big incumbents are going to outspend them." - IMO the way we have things setup does not appear to be fundamentally structurally sound and/or sustainable. The difficulty is we don't yet know what structurally sound and sustainable actually looks like, it's broad and complicated and looks different in different situations, yet we are trying to optimise everything into oblivion. Maybe this is where institutions need to step up their game and create a better environment for innovation. # www.thestreet.com