This is a guest post by Andreas Schradi. He is the CEO and founder of Gate5, an IT agency focused on emerging technologies like Artificial Intelligence (AI). Here he highlights new AI startup opportunities for (aspiring) founders.
How do you recognize a good startup idea? According to Peter Thiel, the concept of success is “monopoly for a while”: don’t enter the competition (and go under), but start something new; be a pioneer and win. The Paypal co-founder and early Facebook investor describes this approach in his book “Zero To One.” And this is exactly what AI has to offer with particularly great potential.
Roland Berger's study The company says about megatrends: AI will be influential through 2050 and will grow 24-fold by 2030 alone. Anyone who uses AI technology to solve problems that were previously impossible or could only be solved at a high cost is hitting a nerve with businesses. Because they are willing to invest in AI technology.
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What are the most exciting markets, and where is the greatest potential for AI-driven startups? Here are eight AI ideas for marketing, customer support, education, health, assistance, and media.
#1: AI-Powered Learning
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