Investing in the AI founder

March 6, 2024

"Lawrence Watkins, head of local investments for Tulsa-based venture capital firm Atento Capital, says he believes there aren’t too many differences between an AI founder and those that operate in other technological spaces.

“Our theory is that everyone is going to have to be an AI founder at some point in time in the future, because AI is going to literally eat all different industries that are out there,” says Watkins.

With AI startups, Watkins does spend extra time asking questions about the power of data, specifically regarding privacy and bias. He asks AI founders who exactly owns the data, is it public or private, if it infringes on a person’s right to privacy, and how decisions are made with the AI’s algorithms..."

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