Events Series:
Data Unleashed

Event Recap - Marcel Salathé

The networking event with Marcel Salathé was an incredible experience, offering fascinating insights and many valuable conversations. We are happy to share the link to his presentation along with some impressions from the evening.

Impressions

What it was all about

Marcel took us on a fascinating journey through the world of AI. His presentation opened our eyes to how rapidly AI is evolving – far faster than Moore’s Law ever predicted. Here are the key takeaways:

  • AI at eye level with humans.
    Machines can read, write, listen, and speak - all at astonishingly low costs. This unlocks entirely new business applications. While AI-generated voices were considered "creepy" just three years ago, today, it’s becoming increasingly difficult to tell the difference.

  • AI with a steep learning curve.
    If a use case is "almost good enough" today, it will be production-ready tomorrow.

  • AI is becoming rapidly cheaper.
    We are witnessing an extreme drop in costs. What didn’t make commercial sense a year ago is now at least 10x cheaper. Marcel mentioned a case from the photography sector where costs have dropped by a factor of 25 in just a year. This particular use case is now ready for market launch.

  • Willingness to pay is increasing.
    AI creates real value, and users are willing to pay for it. As a result, AI startups are being valued much higher, much faster. While strong startups used to achieve an ARR of $10M in their first year, AI startups today are hitting $100M.

  • Your own data is valuable.
    To assess the relevance of new models for your own use cases, you need to benchmark them against your own data. This can be a competitive advantage, as it helps establish a baseline for AI projects that others in the market don’t have.

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