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Food, tourism and
platforms in the age of
AI
Euro Beinat – University Salzburg
Machine Learning
Brain Tumor Diagnoses:
AI: 87% Doctors: 66%
The AI system made correct diagnoses in 87 percent of 225
cases in about 15 minutes, while a team of 15 senior doctors
achieved 66-percent accuracy in two rounds of competitions in
diagnosing brain tumors in Beijing.
Source: https://www.healthimaging.com/
Source: LawGeek
Source: Ironox.com
35%
of Amazon turnover is
the result of algorithms
that suggest products
to buy
S O U R C E : M C K I N S E Y
R E S E A R C H
1B
annual savings as
combined effect of
personalization and
recommendations
S O U R C E : N E T F L I X
“The AI flywheel”
Source: NYTimes
Better products
More / better data
More / better toolsMore customers
Source: https://thispersondoesnotexist.com/
AI enables a wave of
new platforms
AI has become of age
IoT has become of age
Rent vs buy
Mobile before banked
Unserved needs
Structural inefficiencies
Fragmentation
• Capital intensive sectors with potential
to digitize assets (e.g. Pharma)
• Service sectors with potential to
digitize customer interaction (e.g.
Hospitality)
• Highly localized sectors left behind
across multiple dimensions (e.g. Food
and Agriculture)
• Labor-intensive sectors with potential
for increasing productivity (e.g.
Personal Services)
CONSUMER
CONSUMPTION
PLATFORM
FULFILLMENT
PLATFORMS
PRODUCTION
PLATFORMS
RAW
MATERIALS
PRODUCT
DESIGN
CONSUMPTION
PLATFORM
FULFILLMENT
PLATFORMS
PRODUCTION
PLATFORMS
RAW
MATERIALS
PRODUCT
DESIGN
A
CB
Learn from
data
Learn from
experience
Surprise !
Feedback
S O U R C E : S T I T C H F I X . C O M
~15%
Share of e-commerce vs.
total retail sales
S O U R C E : D I G I T A L C O M M E R C E
Source: Amazon
Source: STATISTA
Source: Nuro.ai
<>

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