AI IS EATING THE WORLD Since the industrial revolution we have seen that we automate every system the can be automated efficiently. Created massive distribution of wealth. With AI and Bots, we are moving from automating “simple” repetitive tasks to autonomous systems that can handle complex and changing situations. It is not a question what verticals will be disrupted, it is a question of when, a few examples…

1. Coding since he was 10 y/o, Nicolai is a serial entrepreneur turned parallel entrepreneur as the
founder of BootstrapLabs, a Venture Building Company based in Silicon Valley. Nicolai advises all
portfolio startups in their day to day operations, connecting founders with industry experts,
advisors and investors to increase their likelihood of success, assisting with product design and
development, positioning, go-to-market strategy and implementation, partnerships and fundraising.
BootstrapLabs portfolio companies include Prezi, Zerply, Audiodraft and Witsbits. Nicolai focuses
on the Machine Learning, Big Data,Analytics, Internet, Mobile and Software/Cloud sectors.
Nicolai Wadstrom
Founder of BootstrapLabs
ARE BOTS POISEDTO EATTHE WORLD?
WEBINAR WITH LOU KERNER
17TH OF MAY, 2016

2. ABOUT BOOTSTRAPLABS
Human Capital
Venture Capital
From Innovation to Scalable Product Market Fit
GlobalCommunityof
EntrepreneursandStartups
Outliers
12
Seed & Early A
Investments
450
Portfolio Co
Employees
>$1Bn
Total Portfolio
Co Valuation
$100M
Follow-On
Funding
>100,000>20Kreaders1,000Investors
SiliconValley basedVenture Builder Platform

3. WILL
AI & BOTS
EATTHE WORLD?

4. AI is the dawn of the next
wave of industrialization
(Autonomous Machines)
Absolutely!

5. BUT DRIVEN BY “REAL”AI
• There are many Chatter Bots with-out self-
sustained (or autonomous learning) - state
machines - will drive less disruption…
• The real disruption will come from “real”AI
systems, deep learning models and more…

6. ENABLERS
• Massive amount of Compute, Data and Connectivity
fuels the opportunity
• Years of R&D created Open Source, platform and
access to technologies
• Cloud infrastructure and hardware platforms like
NVIDIA open up for massive scale of ML/AI compute
capacity very efficiently

7. Heavy R&D
Spend
Incubation / Research Labs
Gov’t, Univ., Large Corps
Core AI building blocks:
Machine Learning, NLP,
Deep Learning, Vision,
Speech/Text, Emotions
Inflection
Seed VC
Investments
Growth VC Investments
Emergence
of Applied
AI Solutions
We aim here
New Category
Leaders
IPO
Mature Applied AI
Field w/ New Leaders
& Consolidation by
Incumbents/Laggards
TIME
VALUE
WHY WE INVEST IN AI NOW
At this point the New Category leaders
become very expensive to acquire
M&A

8. MACHINE SCALE
• The Biggest opportunity for high value creation is the “Human Augmented
Machine Intelligence”, combine strength of humans and the machine
• Humans might increasingly be used to coach and mentor the AIs of the
world
• There are many tasks that humans are not capable of doing as well as
machines
• The scalability of the machine to combine repetitive tasks (at scale) with
intelligence is an unparalleled opportunity for creating exponential
efficiencies

9. AI IS EATINGTHE WORLD

10. AI IS EATINGTHE WORLD
• Since the industrial revolution we have seen that we
automate every system the can be automated efficiently -
created massive distribution of wealth
• With AI and Bots, we are moving from automating “simple”
repetitive tasks to autonomous systems that can handle
complex and changing situations
• It is not a question what verticals will be disrupted, it is a
question of when, a few examples…

11. AGRICULTURE
• Most manual labor has been automated today (key driver for
increased wealth in the western world), remaining parts are about
increasing efficiencies through scaling intelligence:
• Crop surveys, with autonomous drones/AI systems, can reduce
water consumption 20 - 30 % or more, reduce need for
pesticides, while increasing yield
• Data driven models from farm to fridge
• And more…

12. TRANSPORTATION
• Ground and Air transportation is made more
efficient and safer with AI and machines
• Tesla already seeing a reduction of accidents by 50 %
for (simple) autonomous driving
• Most of the past 10 years of civilian aircraft accidents,
would not have happened with autonomous flight
systems

13. FINANCIAL
• Finding correlation of patterns for investment
decisions is increasingly being made more effective
by computers than humans
• We are already seeing computers making
intelligence investment decisions or patterns
beyond the HFT, Quanta models - the next
Warren Buffet might be an AI…

14. IMPACT ON SOCIETY
• The expansion of autonomous systems in our society is a
game changing impact
• We will see automation of many white collar jobs
• We will see an increased disparity between high demand
and low demand jobs (even among well educated people)
• I am welcoming the Whitehouse’s effort to dig in and
follow AI closely

15. VERTICALS RIPE FOR DISRUPTION
FinTech IoT FoW Logistics Retail eHealth X…
Alternative
Assets
Smart
Home
Collaboration Transportation
Conversational
Commerce
Quantified
Self
Credit/
Reputation
Ent.
AR/VR
Productivity
Robotics/
Automation
Intelligent
Personalization/
Recommendation
Prevention/
Quality of Life
Insurance
Smart
Cities
Freelancing Last Mile
On-Demand
Delivery
Compliance/
Monitoring
Payment/
Contracts
Talent Access
Smart Retail/
Experience
Next Seed Fund Focus Opportunistic; w/Strategic Partner

16. OTHERS DRINKTHE
KOOLAID…

17. “The business plans of the next 10,000 startups
are easy to forecast:Take X and add AI.This is a
big deal, and now it’s here.”
Kevin Kelly
Founding Executive Editor,Wired Magazine

18. “The researcher who works on this, Yuandong Tian, sits about 20
feet from my desk. I love having our AI team right near me so I
can learn from what they're working on”.
“My personal challenge for 2016 is to build a simple AI -- like Jarvis
from Iron Man -- to help run my home and help me with work.”
January 27, 2016
January 26, 2016
Mark Zuckerberg, Facebook Founder & CEO

19. “Google’s Mission will only be
complete when its search engine is
AI-complete” January 26, 2016
Larry Page, Google Co-Founder

20. Elon Musk, Founder Tesla, SolarCity, Space-X
“AI is Mankind’s biggest
threat” [and opportunity]
December 15, 2015
Announced $1Bn
donation for Open.AI

21. “Announces they are investing $1Bn on a new AI
focused Research & Development company”
November 6, 2015
Akio Toyoda, President of Toyota Motor Corp.

22. Recent advances in deep learning are producing
results once believed impossible..
South Korea promises $3Bn in R&D Fund for AI
Google DeepMind beats Go Champion 4-1 and
captures the world’s attention and imagination
“we have learned the importance of AI before it is too late”
“a watershed moment of an imminent fourth industrial revolution"
March 21, 2016
March 22, 2016

23. “Last year AI went from research concept
to engineering application.”
Jen-Hsun Huang, CEO Nvidia
“Two years ago we were talking to 100
companies interested in using deep learning.
This year we’re supporting 3,500.”
March 22, 2016

24. MACROTRENDS SUPPORTING AI REVOLUTION
• Exponential Growth of Computing Power
• Explosion of Digital Data
• Plummeting costs of Data Storage
• Always on, ever present connectivity
• Most of the information in the history of
man-kind was created in the past 18
months (“data/information avalanche”)
• Commoditization/Open Sourcing of core
AI building blocks
Inflection point for harnessing AI/Machine
Learning to drive disruption for new
category leaders in most verticals
• Google, Facebook, Microsoft and others
are heavily focused harnessing AI
• Fortune 500 and incumbents are left
behind
• Fortune 500 companies are being
unbundled by the emerging category
leaders
Ripe for disruption, incumbents need to
buy their way in..

25. SAMELESS PLUG…

26. APPLIED AI CONFERENCE
We bring the AI community together offline and online globally
Increase our thought leadership with leading founders and corporates (buyers)

27. CONTACT US
info@bootstraplabs.com