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Inside the World of Tomorrow, part 2: Power, platforms and data

Where the conversations landed by the end of the day

Last month, Launchpad Build AI hosted an exclusive summit in Edinburgh, Scotland, to discuss the future of AI and robotics.  We were privileged to have the event covered in a series of articles by leading publication, Newsweek.  In our final post about the summit, we look back at the event and showcase some of the insights it revealed.

If the earlier sessions were about bottlenecks, the later panels at Launchpad Build AI’s World of Tomorrow Summit turned to something bigger: who actually controls AI’s industrial future.

Newsweek’s Megan Carnegie captured the backdrop in her final report from the Summit. This was a summer when “SpaceX, OpenAI and Anthropic are all expected to hit public markets within the same window,” even as the same handful of firms supply most of the industry’s compute, cloud and capital.

That concentration worried some in the room more than others. Launchpad’s President, Yoav Zingher, was one.  As quoted by Newsweek, he warned that  “If the future is going to be a few big platforms, I think China will win that game…They have a controlled economy, collect as much data as they want, and direct capital into priority sectors. I don’t think that’s a good outcome.”

Not everyone shared his worries, however. Lavrock Ventures’ Steve Smoot argued the structure would simply reward whoever could isolate their advantages and build the most valuable proprietary workflows on top of it.

That debate fed into a second, more practical one: whether to build narrow and now, or bet on general-purpose robotics for later.

Our CEO Jon Quick made the case for the former. As reported by Newsweek, he favors highly specific, production-ready automation over “reinventing everything.” In Jon’s view, the priority is automating discrete, high-value tasks and delivering utility today.

Exponential’s Ricky Horwitz noted that, regrettably, humanoid robots draw capital largely because they’re easier for people to understand.

By the closing panels, the conversation had settled on what may be the real constraint: data. Our Vice President of Artificial Intelligence, Yannis Georgas, told the Summit he has yet to encounter a company – across manufacturing, construction or utilities – that has fully “got its industrial data right.”

As Newsweek warns, “Without the right skills to capture and structure data – and without the data itself – many firms risk being locked out of the gains AI promises to deliver.”

This is the challenge World of Tomorrow leaves us with – and the one Launchpad Build AI exists to solve.

You can read all the articles in the Newsweek series about Launchpad Build AI’s Summit here:

https://www.newsweek.com/world-of-tomorrow-ai-factory-floor-12106904

https://www.newsweek.com/world-of-tomorrow-scotland-ai-robotics-12116700

https://www.newsweek.com/ai-race-models-manufacturing-world-of-tomorrow-12122020

https://www.newsweek.com/ai-industrial-power-struggles-world-of-tomorrow-12146543

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