In case you missed it, you can listen to the recording of this roundtable here:
During this week’s roundtable, we emphasized the importance of validation and underscored the maxim: Do NOT write a line of code until you validate with customers.
WebVeta
First we had Kanti Arumilli from Visakhapatnam, India, pitch WebVeta.
Gift of Hope International School
Next, Hismark Pilot Narh-Bamfrom from Kpong, Ghana, pitched Gift of Hope International School.
You can listen to the recording of this roundtable here:
IBM (NYSE: IBM) recently announced results for its third quarter that missed estimates. However, its Software revenue had good momentum driven by its AI business and a sound strategy. Its stock hit an all-time high this week despite the revenue miss.
>>>Sramana Mitra: As an aside, I think the human-centric aspect of AI can actually turn out to be a very beneficial factor in healthcare, just because it’s a natural propensity for human beings who are in need of care to want another human being to be taking care of them; not a robot, not a digital persona. So, I think this may be at the end of the day in an industry that can be augmented by AI – the training and the ability to care will be powered by AI. However, there is also the human aspect – the compassion and the care aspect that can, if we can make it survive from an economics point of view, make the industry become a far more efficient and better quality care industry.
>>>Today’s 660th FREE online 1Mby1M Roundtable for Entrepreneurs is starting in 30 minutes, on Thursday, October 24, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Today’s 660th FREE online 1Mby1M Roundtable for Entrepreneurs is starting NOW, on Thursday, October 24, at 8 a.m. PDT / 11 a.m. EDT / 5 p.m. CEST / 8:30 p.m. India IST. CLICK HERE to join. PASSWORD: startup All are welcome!
Sramana Mitra: Now, I’m going to take this logic a little bit in uncharted territory. I think the most important impact of AI is in healthcare. We’re going to have a planet of 10 billion people to service from a healthcare perspective. So let’s just do back of the envelope Math. Let’s just assume that we need a 100 million trained doctors to be able to cater to that large population. We’ll probably need some 10 million hospitals and clinics to be able to manage that whole function.
So, is it possible that we can do that with AI?
>>>If you haven’t already, please study our Bootstrapping Course and Investor Introductions page.
Guy Mucklow, Co-founder of PCA Predict, had bootstrapped his company to $20 million when we spoke in 2016, and at one point turned down a $100 million acquisition offer. Read how he navigated his venture.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Guy Mucklow: I set my company up over 20 years ago when I was in my late 30s.