Automotive AI

03/28/23 • 24 min

Fascination and fear of missing out (FOMO) appear to be the most prevalent responses to the emergence of AI engines for the general public. While Chat-GPT has gained the lion’s share of publicity, new AI engines are being announced weekly.

Public AI engines such as Chat-GPT, Google’s Bard, and Copy.ai will address a broad range of requests, from writing a blog, writing code, writing a screenplay, and most likely creating legal documents, all subject to human review.

But the real value for entrepreneurs may be in the vertical markets, where companies have troves of data, statistics, and specifications that can be valuable to specific participants in a sector.

This podcast is the story of one company that embedded an AI component into their application specific to the automobile sector. The outcome was an unexpected boost in user and customer engagement, igniting a remarkable growth rate and providing the rationale to expand into more areas of personal transportation.

Join us as Michael Quigley discusses the decision to embed an AI engine in their vertical application serving the needs of automobile dealerships and his transition to be a managing partner at StartFast Ventures.

But the real value for entrepreneurs may be in the vertical markets, where companies have troves of data, statistics, and specifications that can be valuable to specific participants in a sector.

Previous Episode

Seed Stage Venture Capital - How to Find It?

Silicon Valley mythology would have you believe entrepreneurs live in a world where every day is an exciting and intellectually stimulating experience.

However, before enjoying any of those positive outcomes, entrepreneurs go through several rites of passage.

The first entrepreneur rite of passage is finding that seed funding round. It's often one of the first major stumbling blocks, engaging with the venture community where you have no track record and where traction is a matter of survival.

No one really wants to talk about this experience. Many entrepreneurs have lived through that sense of dejection, depression, and the embarrassment accompanying the failure to raise that seed round.

But we found an early seed venture capital fund who was willing to be completely transparent about the qualification, key factors to engage, and the process to close a seed round.

My guest is Amit Garg, Co-founder of Tau Ventures, who has a defined focus on early-stage startup companies that provide AI solutions for healthcare and the enterprise sectors.

Amit has been in the venture capital industry for over twenty including experience at two venture capital firms. He has a wealth of knowledge and experience investing in seed rounds, and his insights are invaluable for entrepreneurs looking to navigate this challenging stage.

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Connecting the Dots

Connecting the dots:

This conversation is about a unique type of dots, specifically Braille dots. Braille was invented over 200 years ago to provide a method for visually impaired people to read using combinations of six dots to represent letters and words. Books translated into Braille are available for the visually impaired.

According to the National Federation of the Blind, fewer than 10 percent of the 1.3 million people who are legally blind in the United States are Braille readers. Further, a mere 10 percent of blind children are learning to read Braille. In addition, over 70 percent of blind adults are unemployed, and as many as 50 percent of blind high school students drop out of high school.

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