The common saying is "more data usually beats a better algorithm". However, this is only for short term progress. Long term progress in the field of AI clearly requires better algorithms, and doing more with less data is exactly the kind of problem that a startup in the field could solve with a clever idea.
That said, these startups will have to be extremely research heavy — how does one draw the most talented researchers to work for a small group of people with minimal pay over working for a large company with a high salary and all the computational resources you might need? And what kind of product could theoretical research produce in the short term that would keep a startup afloat long enough to come up with ground breaking ideas?
That said, these startups will have to be extremely research heavy — how does one draw the most talented researchers to work for a small group of people with minimal pay over working for a large company with a high salary and all the computational resources you might need? And what kind of product could theoretical research produce in the short term that would keep a startup afloat long enough to come up with ground breaking ideas?