Michael is an adviser, entrepreneur, educator, and investor. In 2018, he exited his company LexPredict, an legal/NLP company. His latest venture licens.io helps startups and investors navigate the buying and selling process.
Listen on Your Favorite Podcasts Player >>> #025 How VC's Vet AI Investments w/ Michael Bommarito
- Follow Michael on LinkedIn
- The Data Science Workflow (YouTube)
- Equal Credit Opportunity Act (Wikipedia)
- FTC Takes Action Against Company Formerly Known as Weight Watchers for Illegally Collecting Kids’ Sensitive Health Data (FTC)
01:46 What’s going on in broader VC space today?
04:11 A re-focus on free cashflow, profitability and sustainability
08:23 Fast revenue versus long-term scale
14:45 Fast wins for AI companies
17:41 Coming AI oligopoly?
21:20 Pure AI bell weather private companies
26:21 Framing business value for AI and machine learning
36:10 Spotting real AI value moats in private companies
43:20 Regulatory risks for AI
47:52 Data science process
49:16 Legal council or risk manager awareness of AI risk
58:42 Coming AI winter?
1:01:42 The future of open-source AI
1:02:05 The long-term AI economic moat component: Data
1:05:12 Connecting with Michael