The world’s top AI conference basically said, “Enough with the AI overload.”
A LinkedIn post by Sammy Tourani, . Post 76 of 90, newest first.
The world’s top AI conference basically said, “Enough with the AI overload.”
Of all the founders, venture capitalists, and tech leaders who took the stage, my favourite speaker was, by far, Wesley Chan, A unicorn investor who gave Canva their first cheque.
He was asked, "What makes an early startup in this new AI-Era a true winner that you invest in?" and he answered on the spot:
“AI is over-hyped. Too many founders focus on the software and forget the basics:
1️⃣ What is the problem?
2️⃣ Is the problem high in demand?
3️⃣ What is your unique solution to the problem?
He compared today’s AI frenzy to the app-development boom in 2014, when tech companies hired mobile engineers for half a million...a huge spike, followed by a quick drop.
"Canva proves my point: it launched with zero AI. It took off because anyone could use it to design in seconds. AI came later, only to erase more friction."
His closing reminder: a good product removes pain; AI should support that goal, not be the headline. That lesson hit the hardest for me, so I’m passing it along.
Do you think AI is "overhyped"???
#WebSummit #AI #Startups #Innovation #VentureCapital
Photos in this post:
- Sammy holding up his Web Summit Vancouver Partner badge in a crowded conference hall.
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