As crypto fizzles, engineers and investors are flocking to the latest buzzy field: AI.
To be fair to this fresh crop of AI companies and budding machine-learning engineers, AI still lacks what often seemed like the naive or cynical business models common to some corners of the crypto industry. Many of those movements and startups resembledAnd many existing companies in this space have been quietly building AI-based solutions to problems for years, and are beginning to establish a record of success.
Shiv Rao is a cardiologist who is primarily occupied with building his generative AI-powered medical startup Abridge, which records, transcribes and summarizes doctor-patient visits. It’s intended to reduce the amount of after-hours paperwork doctors have to do, and to help patients remember doctors’ instructions.
at big tech companies are liberating more senior engineers and executives to strike out on their own—aided by generous severance packages. Big tech companies have basically been hoarding talent for the past decade or more, says Mr. Tung, who is hearing from senior employees at these companies who are starting their own companies.
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