Manoj Saxena

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In a Harvard Business Review piece, Brad Power looks at the timetable of AI entering the business place in earnest. In the “What’s Next” section, he handicaps the horizon, though I caution that he bases part of his ideas on a bold prediction by Ray Kurzweil, who is brilliant but sometimes wildly inaccurate. An excerpt:

As Moore’s Law marches on, we have more power in our smartphones than the most powerful supercomputers did 30 or 40 years ago. Ray Kurzweil has predicted that the computing power of a $4,000 computer will surpass that of a human brain in 2019 (20 quadrillion calculations per second). What does it all mean for the future of AI?

To get a sense, I talked to some venture capitalists, whose profession it is to keep their eyes and minds trained on the future. Mark Gorenberg, Managing Director at Zetta Venture Partners, which is focused on investing in analytics and data startups, told me, “AI historically was not ingrained in the technology structure. Now we’re able to build on top of ideas and infrastructure that didn’t exist before. We’ve gone through the change of Big Data. Now we’re adding machine learning. AI is not the be-all and end-all; it’s an embedded technology. It’s like taking an application and putting a brain into it, using machine learning. It’s the use of cognitive computing as part of an application.” Another veteran venture capitalist, Promod Haque, senior managing partner at Norwest Venture Partners, explained to me, “if you can have machines automate the correlations and build the models, you save labor and increase speed. With tools like Watson, lots of companies can do different kinds of analytics automatically.”

Manoj Saxena, former head of IBM’s Watson efforts and now a venture capitalist, believes that analytics is moving to the “cognitive cloud” where massive amounts of first- and third-party data will be fused to deliver real-time analysis and learning. Companies often find AI and analytics technology difficult to integrate, especially with the technology moving so fast; thus, he sees collaborations forming where companies will bring their people with domain knowledge, and emerging service providers will bring system and analytics people and technology. Cognitive Scale (a startup that Saxena has invested in) is one of the new service providers adding more intelligence into business processes and applications through a model they are calling “Cognitive Garages.” Using their “10-10-10 method” they deploy a cognitive cloud in 10 seconds, build a live app in 10 hours, and customize it using their client’s data in 10 days. Saxena told me that the company is growing extremely rapidly.•

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