Early days of AI (and AI Hype Cycle)

I worked on early ML systems and products at Google and later at Twitter (after they bought my company, Mixer Labs). I then spent a decade working as a founder and executive & investing in machine learning companies. Until the rise of new AI architectures (in particular transformer-based and diffusion-model based approaches), roughly all machine learning startups failed. Value in prior AI waves went largely to incumbents over startups - as the capabilities were not advanced enough to create new ...