Blueprint York Fireside Chat: Impact of AI & automation on opportunities in the Heartland

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Jason Illian, managing director of Koch Disruptive Technologies, the investment arm of Koch Industries, struck a contrarian view to aggregate data that shows capital continues to concentrate in the three centers of Silicon Valley, New York City, and Boson. He said entrepreneurs who do well in those regions are increasingly returning to heartland communities that they once left, and are fostering new companies -- and that the trend hasn't shown up in the venture spending patterns yet. Moreover, he said the merging of several trends -- AI, 5G, and edge computing -- are producing massive opportunities for heartland manufacturing and other industries.

-Jason Ilian Managing Director, Koch Disruptive Technologies.
-Matt Marshall, CEO, VentureBeat



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Tags:
Blueprint York
heartland
startups
AI
artificial intelligence
automation