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🚀 Exciting developments in the world of AI! 🚀 #Deloitte predicts a 25% increase in enterprise adoption of autonomous generative AI agents by 2025, with potential to double by 2027. These agents are expected to significantly boost productivity for knowledge workers and streamline workflows. However, there are still hurdles to overcome, including technical complexities and the need for robust infrastructure. 🔋 Energy Consumption: Generative AI's energy usage is projected to surge, accounting for up to 4% of global electricity by 2030. 👩💻 Gender Equity: Efforts are underway to close the gender gap in AI usage, with women's adoption of generative AI expected to reach parity with men by 2025. 🔍 Trust and Transparency: Addressing trust concerns and ensuring transparency in AI operations remain critical challenges. These insights highlight both the immense potential and the challenges we face in advancing autonomous generative AI. Let's continue driving innovation forward! 💡 #technology #artificialintelligence #AIadoption #AIenteprise #enterpriseautonomy #AIagents #genAI #workflows #employees #enterprise #AItransformation #productivity #transparency

Share the latest advancements from Meta! 🛠️ Meta Motivo: A sophisticated model using unsupervised reinforcement learning to enable virtual humanoid agents to perform complex tasks. Video Seal: An open-source model for video watermarking, enhancing video authenticity and traceability. Large Concept Model (LCM): Advances in language model architecture improving efficiency and capabilities. Commitment to Open-Source: Meta continues to prioritize open-source development and collaborative research, ensuring AI safety, transparency, and ethical development. These innovations reflect Meta's ongoing dedication to advancing AI technology while maintaining a commitment to safety and transparency. 🌟 Link to the new research, models, and datasets from Meta FAIR https://lnkd.in/dZ59qTRA #AI #artificialintelligence #Airesearch #MetaFAIR #Meta #MetaMotivo #AImodels #LCM #LargeConceptModel #opensource #innovation #innovationecosystems

"#IPMarket Value Grossly Underutilized. 'Companies in the #UnitedStates have realized the massive value of Intellectual Property (IP) and this has led to a paradigm shift. Barely four decades ago, intangible assets like IP constituted only about 20% of the market value of most companies. In the present day, the tables have turned and intangible assets represent up to 80% of a #company’s value.' However, statistics reveal disturbing insights about gross underutilization and waste of IP. Even though IP-intensive industries, e.g. #patents, #trademarks and #copyrights, have the potential to generate higher than average revenues, many are simply not optimizing the opportunity. According to a Forbes report, 95% of 2.1 million patents that were active in 2014 were not commercialized. During the same period, statistics from the World Intellectual Property Organization (#WIPO) reveal that only 2% of the 2.1 million patents in force were commercially successful through licensing. Most interestingly, that 2% represents $180 billion in licensing annually, highlighting the high potential going to waste, i.e. the other 98%. Those numbers have only marginally improved since 2014. via Medium #technology #IPassets #innovation #innovationecosystems #startups #startupecosystems #IPcommercialization

'#Startups need to develop an #intellectualproperty (#IP) strategy in order to #commercialize and #monetize it. The first phase of developing an #IPstrategy is to focus on IP administration. IP administration covers the creation of IP assets. It takes innovation from #research and #productdevelopment, and turns it into IP through applications, prosecution and maintenance. The second phase is IP management. This involves taking a portfolio of IP assets and creating economic benefits through portfolio management, integration of IP into business strategy and maximizing the value of IP. A fundamental consideration of any IP strategy is to always balance any short-term gain against any potential long-term pain with regard to the company business goals.' via @MarS #technology #startups #startupecosystems #IPassets #innovation #innovationecosystems #IPcommercialization

[Downloadable Report] Protecting European innovation. Private equity’s role in European Intellectual Property Rights: "#PrivateEquity and #VentureCapital offer a key to unlock many of the challenges #Europe faces. European venture capital funds actively seek out and back #innovation, nurturing #startups and financing #scaleups. They provide not only capital but also expertise, often from teams who have already tasted success. European private equity – including buyouts and growth capital – comes with the investment and tools to take companies to the next level. Firms work with management teams to enter new markets and address new customer needs, building better businesses that are more resilient and sustainable for the long term. Private equity’s ability to help develop and #commercialise innovation is what makes it an Ideas Factory. Source: Invest Europe #technology #innovationecosystems #startupecosystems #IPs #intellectualProperty #Europe #EuropeInnovation #EuropeanTech

The Global Startup Ecosystem Report 2024 (#GSER2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. Key Insights The top three ecosystems have maintained their same positions from 2020, with Silicon Valley remaining at the top, followed by New York City and London tied for #2. Tel Aviv has moved up one rank and is now tied with Los Angeles at #4. Tokyo has entered the top-10, moving up an impressive five places to #10 from #15 in the GSER 2023, marking the most significant improvement among the Top-10 ecosystems. Seoul has moved up 3 spots and is now ranked #9, entering the top 10 ecosystems. Miami has also made impressive progress, reaching #16 in the top 20 ecosystems, an improvement of seven positions from last year. The top two Chinese ecosystems have dropped in the overall rankings: Beijing by one place and Shanghai by two, now standing at #8 and #11, respectively. However, Shenzhen has shown impressive growth, moving up seven spots to rank #28. Paris has moved up an impressive four places from last year to reach #14. Both Zurich and Munich have moved up by five and four positions, respectively, entering the top 35 at #31 and #33. Source: https://lnkd.in/dSCU7g9V #startups #startupecosystems #innovation #innovationecosystems #

The #TechEcosystem Powering #LatinAmerica’s Growth. LATAM’s tech ecosystem surge by the numbers. In the last decade, internet penetration in LATAM skyrocketed from 43% to 78%, even surpassing fast-growing China. This, along with education and government-supported education initiatives, led to a surge in skilled IT professionals. By 2023, Brazil had around 500,000 software developers, with Mexico adding another 220,000. Those two countries spearhead LATAM’s talent growth, while the region’s estimates indicate around one million software developers. via Fast Company #technology #startupecosystems #startups #innovation #innovationecosystems #entrepreneurs #talent #LATAM #development #growth #softwaredevelopers #entrepreneurship #techstartups

State of European Tech 2024: A decade of progress and the road ahead; A special 10th anniversary edition of the State of European Tech report, produced by Atomico with key data contributions from Invest Europe, celebrates a decade of remarkable growth and resilience in European technology. The report details the ecosystem's transformation, its global potential, and the hurdles to overcome for sustained success. Since 2015, European tech companies have raised a cumulative $426 billion, ten times the amount raised in the previous decade. The report, compiled by Atomico with Invest #Europe and other data partners, projects European tech investment to reach $45 billion in 2024, comparable to the $47 billion secured last year. via Invest Europe #technology #EuropeTechecosystems #innovationecosystems #innovation #startupecosystems #startups #investors #venturecapital #venturefunding #entrepreneurs #fundraising #techinvestments The report highlights: 👇

The EU has a scaleup financing gap. Status quo of the European venture capital market, its problems and their drivers. #Europe is not short of #innovative #companies, but those that want to grow face serious difficulties in accessing #capital at home. Typically, venture capital (VC) firms provide capital to risky #startups. But compared to other jurisdictions, Europe’s VC sector consists of fewer and smaller funds, because institutional investors in the #EU rarely invest in #VC or prefer established funds in the #US. This constitutes a problem, especially for larger European scaleups that often relocate to the US where a vibrant and innovative #financeecosystem provides ample risk capital to new companies. Public support for Europe’s #VCindustry has not closed the gap in hashtag #private #financing. While the US once kickstarted its now mostly privately-funded innovation financing ecosystem with direct state investment and China still uses government-controlled VC funds to support its industrial policy ambitions, the EU to date has mostly refrained from directly investing in startups, instead injecting public money into private VC funds that then take the investment decisions. As a result, the largest #investor in European VC funds today is the European Investment Fund (#EIF) – the investment arm of the European Investment Bank (#EIB) Group. The EIF can point to significant successes in ramping up the European #VCmarket. However, this cannot hide the reality that VC funding in Europe currently remains a fraction of what is required and still relies heavily on the public purse.' Source: https://lnkd.in/eXfd4wbC. #Startupecosystems #venturecapitalecosystem #venturefunding #scaleups #financialsystems #pensionfunds #EuropeanScaleups #innovation #innovationecosystems

'Advancing the capital markets union: "A larger and more integrated Single Market would call for a single, deep capital market to finance the EU’s competitive firms. Greater economic integration in the EU will bring greater #financial integration. Numerous proposals have been made to develop the #capitalmarkets union, and the ECB’s Governing Council issued a statement on the topic in March 2024. Let me first focus on the proposals aimed at fostering the growth of competitive European firms. As companies progress from developing an idea to becoming large and successful #enterprises, they require diverse sources of financing and need to be connected to #stakeholders who can best support them through their growth phases. However, Europe’s financial system is predominantly reliant on bank lending, which is not ideally suited for financing young high-risk firms. During the scaling-up phase in particular, innovative companies need access to risk capital and investors with the networks, experience and risk tolerance to allow them to experiment and potentially fail. Venture capital funds are particularly well-suited for this purpose. However, the venture capital #market segment in Europe is underdeveloped. As a percentage of GDP, #venturecapital #financing in Europe is a third of that in the United States. In addition, individual EU #venturecapitalfunds are smaller owing to a fragmented market. This has direct consequences for firms: not many EU venture capital funds are large enough or have deep enough pockets to meet firms’ financing needs or cope with the high failure rate of start-ups or young high-risk firms. It is not uncommon to see failure rates of 80% for risky frontier-tech investments, for example.' #Europe #innovation #innovationecosystems #reforms #capitalmarkets #GDP #startups #startupecosystems #techinvestments #vcecosystems #ECB #productivity