“AI” Startups are Data Startups
Let’s look at some of the most valued “AI” Startups that raised more than $100million in 2019. I did some digging on each, and I’ll reframe their application as a new data access solution. Even what the companies self-advertise as is intriguing.
1Vacasa — Vacation Rental Management: This one doesn’t even sound like AI at all. This is the Airbnb for creating new home rentals. They have all the data to know what properties to build. They claim “AI-driven tools make it possible to deliver this consistent experience in unique vacation homes around the world,” but realistically I would guess this is basic regression and decision trees.
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