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April 12, 2019

Selling data products is the wrong business model for AI startups

Satellites and other earth data sources can help us better understand the planet. It’s encouraging to think that in an effort to track and prevent illegal logging, we’ll be able to know, rather than estimate, exactly how many trees have been cut down in the Amazon. It’s exciting to envision the capacity to accurately pinpoint regions experiencing food shortages, so we can send in humanitarian aid faster and where it’s needed most.

Companies like Descartes Labs are trying to build a business by refining raw data from sensors, and applying AI to turn the data into insights about the world. Our customers benefit because they better understand the environment in which they operate. The question for us startups is: how do we serve those customers and build a business around data? Read rest here.