Artificial Intelligence (AI) is all the rage in business and venturing today. As in other emerging blockbuster technologies, there will be a need to sift through the landscape to discern between brilliance and mediocrity. Here are five critical questions that may help.
#1. Will AI-developed ideas improve the probability of venture success?
Entrepreneurship often places a disproportionate emphasis on ideas. A Wharton experiment tested whether AI could generate better ideas than students did. The results showed that AI produced a 47% success rate based on ideas that potential buyers would buy compared with 40% for students. However, is venture success more tied to entrepreneurial skills
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