AI

    MAD 2023: Top 10 Trends

    Mar 23, 2023
    •1 min read•By Matt Turck

    Every year, as part of our MAD project, we do a presentation at Data Driven NYC about the top trends we see across data and ML/AI. (here’s the 2022 version for reference).

    The presentation, done this year with my FirstMark colleague Kevin Zhang, is a whirlwind tour of top trends, as opposed to anything particularly in-depth, as we tried to keep it short. But hopefully it should provide a good overview of what’s been happening in those spaces, for anyone interested in a recap.

    See below for:

    • the video (20’53”)
    • the list of top trends for easy perusal
    • the slides

    For easy perusal, here’s a recap of those top 10 trends:

    Data infrastructure: 

    1. Funding grinds to a halt
    2. Bundling & consolidation ahead 
    3. The Modern Data Stack under pressure 
    4. Convergence and Simplification 

    ML/AI:

    1. AI goes mainstream (and multimodal)
    2. Funding: In AI, it’s party like it’s 1999
    3. The new political economy of AI: Big Tech vs AGI Research Labs 
    4. New startup opportunities: GenAI SaaS and LLMOps
    5. The inevitable backlash: AI ethics & safety
    6. The “AI Wars” reach a new level of intensity