WHY IT MATTERS: Digital Transformation
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AI Québec is 300 page of reference for #AI solution providers in the province

AI Québec is 300 page of reference for #AI solution providers in the province | WHY IT MATTERS: Digital Transformation | Scoop.it

AI Québec is a tech-enabled coffee-table book featuring the champions of Québec, the well-established and the disruptors alike. Its 300+ pages feature stories by the companies who are shaping the Québec of today and tomorrow and include exclusive Thought Leader pieces by the province’s most recognizable advocates. With AR video canvases on most features, images on the book’s pages come to life when scanned with the free Global Village Publishing app.

Farid Mheir's insight:

WHY IT MATTERS: an essential reference for all AI solutions in the province of Quebec.

marian's curator insight, October 16, 2021 7:37 AM

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Two #Montreal firms in Constellation ShortList Artificial Intelligence and Machine Learning Best-of-Breed Platforms #AI #ML

Two #Montreal firms in Constellation ShortList Artificial Intelligence and Machine Learning Best-of-Breed Platforms #AI #ML | WHY IT MATTERS: Digital Transformation | Scoop.it

This Constellation ShortList™ presents Artificial Intelligence and Machine Learning Best-of-Breed Platforms relevant to early adopters pursuing digital transformation. Offerings included in this document meet the threshold criteria for this category as determined by Constellation Research.

Farid Mheir's insight:

WHY IT MATTERS: because 2 / 14 are Montreal-based!

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The next startup cities that will transform the global economy - most notably Montreal is identified as a global hotspot for AI with 1B$+ investments since 2016 via @WEForum HT @patrickgagne

The next startup cities that will transform the global economy - most notably Montreal is identified as a global hotspot for AI with 1B$+ investments since 2016 via @WEForum HT @patrickgagne | WHY IT MATTERS: Digital Transformation | Scoop.it

When it comes to specific start-up sub-sector leadership, we see Montreal emerge as one of the global hotspots for artificial intelligence (AI) start-ups. Since 2016, more than $1 billion has been invested in AI companies located there (including notable startup Element AI), and it has the largest concentration of AI academic researchers in the world. Montreal also hosts the NeurIPS conference, the largest AI event held annually in the world.

Farid Mheir's insight:

WHY IT MATTERS: I am part of the dotcom startups of late 1990s in Montreal. I see a much more vibrant ecosystem to support startups and find this article from the World Economic Forum spot on. Most notably, the list of 12 cities only has one in North America, all others are Asia Pac (+Melbourne!). So we are in a good place here in Montreal, otherwise I advise my kids to GO WEST (beyond California...)!

 

For data on the 1300 startups in Montreal: 

http://www.montrealintechnology.com/a-portrait-of-montreals-startup-ecosystem-by-the-numbers/

 

https://startupgenome.com/blog/montreal-startup-ecosystem

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VC funding for U.S. AI startups increased 4.5x from 2013 to 2017 - Looks like your new startup must be #AI related if you want funding via AI Index

VC funding for U.S. AI startups increased 4.5x from 2013 to 2017 - Looks like your new startup must be #AI related if you want funding via AI Index | WHY IT MATTERS: Digital Transformation | Scoop.it

From 2013 to 2017, AI VC funding increased 4.5x while all VC funding increased 2.08x. The 1997 — 2000 boom in all VC funding can be explained by the dot-com bubble. The smaller booms in 2014 and 2015 reflect a period of relatively large economic growth.

Farid Mheir's insight:

WHY IT MATTERS: everybody knows that AI is the new darling for startups but seing it in a chart is quite impressive!

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#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good

#AI, #Automation and #BigData will create more jobs by 2030 than they will eliminate according to @McKinsey #Tech4Good | WHY IT MATTERS: Digital Transformation | Scoop.it

Additional economic growth, including from business dynamism and rising productivity growth, will also continue to create jobs. Many other new occupations that we cannot currently imagine will also emerge and may account for as much as 10 percent of jobs created by 2030, if history is a guide. Moreover, technology itself has historically been a net job creator. For example, the introduction of the personal computer in the 1970s and 1980s created millions of jobs not just for semiconductor makers, but also for software and app developers of all types, customer-service representatives, and information analysts.

Farid Mheir's insight:

WHY IT MATTERS: this is a positive news about new technologies. However we must brace ourselves because many people will loose their jobs and not have the skills - or the willingness - to adapt. This will certainly create turmoil in companies - and possible whole countries. Prepare.

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#AI investment is growing and touching every industry

#AI investment is growing and touching every industry | WHY IT MATTERS: Digital Transformation | Scoop.it
The CB Insights artificial intelligence deals tracker looks at top AI deals across industries.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

AI startups funding shows that the investments has been growing steadily in the past 4 years and that every industry will be affected by the technology.

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50 Companies Leading the Artificial Intelligence Revolution

50 Companies Leading the Artificial Intelligence Revolution | WHY IT MATTERS: Digital Transformation | Scoop.it
A look at the most promising global startups working with artificial intelligence.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

Magaly Siméon's curator insight, March 7, 2017 1:00 AM

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

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The #AI 100 from @cbinsight: will it one day replace the Fortune500? 

The #AI 100 from @cbinsight: will it one day replace the Fortune500?  | WHY IT MATTERS: Digital Transformation | Scoop.it

A ranking of the 100 most promising private artificial intelligence companies.

It is a purely data-driven/algorithmic process that uses CB Insights data. We’ve gathered this data via our
machine learning technology (dubbed The Cruncher) as well as via several thousand direct submissions
from firms and individual professionals using The Editor.
The Company Mosaic page walks through the factors considered in the algorithm in some detail but at a
high level, it considers several factors including:
- Momentum – Considers non-traditional signals including news mentions, sentiment, jobs data/hiring,
social media, web traffic and usage, partnerships, and more.
- Market – Quantifies the health of the sector and industry the company is involved in, including funding,
deals, exit activity, and hiring.
- Money — Assesses financial signals including funding recency and total raised.
- Investor quality – Weighs the quality of the investors participating in deals to the company, judging
investors based on exits, returns, and portfolio quality.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Are we on the eve of an era where the Fortune 500 is replaced by the "AI 100"?

This may be more realistic than you think if the current predictions regarding the future of work push humans to service each other and let all the "work" be done by machines - robots and AI.

We are not there yet and this list merely reports 100 startups that are very active in the field AI. Nevertheless, it is interesting to consider what impact AI may have and adjust our digital strategies accordingly...

Fortune magazine has also created a very interesting infographics from this mountain of data: http://fortune.com/2017/02/23/artificial-intelligence-companies/ 

compressedpiano's comment, February 28, 2017 10:51 PM
Thats stunning...
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