Predicting whether or not companies will be successful is crucial for guiding investment decisions and designing effective economic policies. However, past research on high-growth firms—enterprises thought to be key for driving economic development—has typically shown low predictive accuracy, suggesting that growth may be largely random. Does this assumption still hold in the AI era, in which vast amounts of data and advanced analytical methods are now available? Can AI techniques overcome difficulties in predicting high-growth firms? These questions were raised in a chapter I co-authored in the De Gruyter Handbook of SME Entrepreneurship, which reviewed scientific contributions on firm growth prediction with AI methods.Predicting whether or not companies will be successful is crucial for guiding investment decisions and designing effective economic policies. However, past research on high-growth firms—enterprises thought to be key for driving economic development—has typically shown low predictive accuracy, suggesting that growth may be largely random. Does this assumption still hold in the AI era, in which vast amounts of data and advanced analytical methods are now available? Can AI techniques overcome difficulties in predicting high-growth firms? These questions were raised in a chapter I co-authored in the De Gruyter Handbook of SME Entrepreneurship, which reviewed scientific contributions on firm growth prediction with AI methods.Business[#item_full_content]
At TechCrunch All Stage 2025, Rob Biederman will help founders rethink how to scale
If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. See top startup leaders taking the stage […]If you’re a founder looking to grow your startup, chances are you’re wrestling with more than just product or capital. Talent, scale, and smart execution are the real battlegrounds. That’s exactly what TechCrunch All Stage 2025 is built to address on July 15 at Boston’s SoWa Power Station. See top startup leaders taking the stage[#item_full_content]
A robotic hand developed at EPFL can pick up 24 different objects with human-like movements that emerge spontaneously, thanks to compliant materials and structures rather than programming.A robotic hand developed at EPFL can pick up 24 different objects with human-like movements that emerge spontaneously, thanks to compliant materials and structures rather than programming.[#item_full_content]
The United States population is older than it has ever been. Today, the country’s median age is 38.9, which is nearly a decade older than it was in 1980. And the number of adults older than 65 is expected to balloon from 58 million to 82 million by 2050. The challenge of caring for the elderly, amid shortages of care workers, rising health care costs, and evolving family structures, is an increasingly urgent societal issue.The United States population is older than it has ever been. Today, the country’s median age is 38.9, which is nearly a decade older than it was in 1980. And the number of adults older than 65 is expected to balloon from 58 million to 82 million by 2050. The challenge of caring for the elderly, amid shortages of care workers, rising health care costs, and evolving family structures, is an increasingly urgent societal issue.[#item_full_content]
AI is advancing at such speed that speculative moral questions, once the province of science fiction, are suddenly real and pressing, says Finnish philosopher and psychology researcher Frank Martela.AI is advancing at such speed that speculative moral questions, once the province of science fiction, are suddenly real and pressing, says Finnish philosopher and psychology researcher Frank Martela.Machine learning & AI[#item_full_content]
Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital
Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow operated as a direct-to-consumer insurance provider — selling, underwriting, and servicing life insurance policies. In […]Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow operated as a direct-to-consumer insurance provider — selling, underwriting, and servicing life insurance policies. In[#item_full_content]
The British government suffered a setback to its plans to make it easier for AI companies to access data as the House of Lords backed more protection for content creators on Monday.The British government suffered a setback to its plans to make it easier for AI companies to access data as the House of Lords backed more protection for content creators on Monday.Internet[#item_full_content]
Even the greatest human minds building generative artificial intelligence that is poised to change the world admit they do not comprehend how digital minds think.Even the greatest human minds building generative artificial intelligence that is poised to change the world admit they do not comprehend how digital minds think.[#item_full_content]
Even the greatest human minds building generative artificial intelligence that is poised to change the world admit they do not comprehend how digital minds think.Even the greatest human minds building generative artificial intelligence that is poised to change the world admit they do not comprehend how digital minds think.Computer Sciences[#item_full_content]
EPFL researchers have discovered key “units” in large AI models that seem to be important for language, mirroring the brain’s language system. When these specific units were turned off, the models got much worse at language tasks.EPFL researchers have discovered key “units” in large AI models that seem to be important for language, mirroring the brain’s language system. When these specific units were turned off, the models got much worse at language tasks.Machine learning & AI[#item_full_content]