3 min read

Why Vicarious 50m Investment Round matters for entrepreneurs

Jun 10, 2014

Check this out. A company of 10 employees that’s raised $50M of investment from Elon Musk, Jeff Bezos, Mark Zuckerberg, Peter Thiel and Ashton Kutcher, just to name a few. Few things make me sit up and take notice — this is one of them.

The company is called Vicarious and it’s an artificial intelligence startup.

And, as we’ve discussed at Abundance 360, I’m on high-alert for Artificial Intelligence. going from deceptive to disruptive this decade.

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Last October, Vicarious announced that their machine learning software “achieved success rates up to 90% on modern CAPTCHAs from Google, Yahoo, PayPal, Captcha.com, and others.” Captchas are those squiggly words you type into a website to prove you’re a human and not a ‘bot.’ Well, turns out Vicarious’ bot has gotten as good as a human (again).

Vicarious aims to build software that can think and learn like a human. The company was founded in 2010 by D. Scott Phoenix and Dr. Dileep George. Their first product aims to combine machine learning and neuroscience to create a visual system that interprets the contents of photographs and videos in a manner similar to humans.

This is certainly not an easy task. And it won’t happen quickly. But the signals that the Vicarious team and their backers are emitting suggest the following:

Artificial Intelligence is transitioning from Deceptive to Disruptive

The field of Artificial Intelligence has been “developing” for >30 years. We’ve heard about the many possible applications of the technology, but we haven’t really seen it disrupt major industry players and standards across all of these applications. But with teams like Vicarious leveraging next-generation AI technology, and massive momentum shifts like IBM’s open-sourcing Watson on the cloud, we will begin to see AI applications take down status quo organizations droves at a time, all this decade. So what does that mean for your business?

Exponential Organizations dominate

At 10 people, Vicarious has kept their organization small and lean. They’ve brought on only the experts to make the best product possible, and they leverage other resources to build buzz and ensure scalability. I wonder what their Exponential Organization (EXO) Score is? (More on this at this year’s Abundance 360 Summit.)

It’s time to learn how to code

There has never been a more important time to understand the fundamentals of computer science, algorithms, and perhaps even machine learning. Check out Coursera, Codecademy, Udacity, Khan Academy, and others to dive in. If you don’t have a “machine learning guy” on your team, take someone smart and passionate and train them. A great machine learning course by Stanford’s Andrew Ng can be found here.

Also read: TOP 50 MOON SHOTS (2000 - 2020)

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Peter H. Diamandis

Written by Peter H. Diamandis

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