Trust is the social lubricant that enables collaborative consumption marketplaces and the sharing economy to function without friction. Sharing saves people time, money and aggravation but trust is what allows someone to take a ride from a stranger or rent a room in a house from someone they’ve never met. Yet it’s also one of the biggest concerns of using sharing economy services.
Artificial Intelligence (AI) has been around since the term was coined in 1955 by John McCarthy. AI is on its third life after the first one ending in the 70s when funding from US federal sources dried up and the second one ending after the crash of the LISP machine market. It appears that in its third reincarnation that started in the 90s, AI is here to stay for the long run.
According to the Organization for Economic Co-operation and Development (OECD), India is at number 15 in the world in terms of total venture capital/private equity (VCPE) investments received in 2015, with the US in the top spot. There is a ton of media about why investments are slowing down and it is a blood bath reminiscent of the nuclear winter of 2000. Here are 10 secular trends that support the argument that investments will increase and will propel India to be in the top 10 within the next five years:
2017 saw another year in the increase of corporate investing in startups across the globe.
$31.2B was invested across 1791 deals in 2017. The secular trend is an increasing appetite for risk among corporates as they make bets across a number of strategic areas, whether it is e-commerce for retail, autonomous navigation for car manufacturers, fintech for the traditional financial services companies or artificial intelligence and machine learning for the overall tech sector.
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