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Today’s 661st FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 20 minutes, on Thursday, October 31, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: Fair enough. What other AI companies have you invested in that are non generative AI? On our platform, we’ve been covering AI startups aggressively since 2016, long before generative AI hit the popular consciousness. And there are very substantial AI companies that have been built with AI, not necessarily generative AI. I do believe that there is a huge opportunity still in AI, not just generative AI.
>>>Sramana Mitra: Are there any other portfolio companies that you would like to discuss? What you’ve just provided is a good framework – Generative AI hallucination is acceptable without human in the loop if it’s non mission critical. If it is mission critical, we need human in the loop. But even with human in the loop, human in the loop is necessary, but not sufficient to control hallucination, especially in medical situations, where it really can be dangerous.
So those are good heuristics. Is there another case study that we can do?
>>>Sramana Mitra: Understood, but now let’s switch that to a different case study. Let’s look at the medical domain, which is very high potential for Generative AI. There is so much medical information on which you can train physicians, telemedicine providers, etc. However, if that starts to hallucinate, is the human in the loop completely capable of catching that?
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Synechron CEO Faisal Husain is one of those rare entrepreneurs who managed to grow his business with no outside financing to significant scale. We discussed his journey in 2015.
Sramana Mitra: Let’s go to the very beginning of your story. Where are you from? Where were you born, raised, and in what kind of background?
Faisal Husain: My roots are from India, but I was actually born in West Africa in Nigeria. My parents had moved from India to Nigeria in search of jobs and they were in the education field. My father was a principal and my mother was a math teacher. While they were doing their jobs and building their careers in Nigeria, I was born there. I lived in Nigeria for 13 years. At that point, my parents decided to move back home to India. I was then home schooled for about three or four years, and then came to the United States.
Earlier last week, ServiceNow (NYSE:NOW) reported its third quarter results that continue to surge past market expectations. However, a weak outlook for the coming quarters did not impress the market, and the stock fell 1% in the after-hours trading session.
>>>Venktesh Shukla, Founder and Managing Partner at Monta Vista Capital, discusses why he wants to see Human-in-the-Loop Generative AI startups. We’re hearing this a lot right now.
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