Union Square Ventures is a venture capital firm based in New York City.

OH at @usv: week 2 of a new experiment where an AI records our conversations during the current week, synthesizes themes from them and shares them with the world

Week of Apr 29:

1/ Locally Hosted AI Models with Federated Learning: The team highlighted the use of locally hosted AI models, which balance personal data privacy with advanced functionalities, particularly beneficial in privacy-sensitive sectors like healthcare.

3/ Code-Based Fine Tuning with Synthetic Data: The idea centers on using synthetic data in simulated environments to fine-tune AI applications, enabling real-time learning and adaptation.

4/ Outcome-Based Work: The concept focuses on restructuring labor to be project- and outcome-based, allowing individuals to forge careers through outcome-driven projects without incurring prohibitive transaction costs for companies.

5/ Chatbots as Assets: The team explored positioning chatbots as Non-Fungible Tokens, positing that owning a unique, personalized AI chatbot could be a valuable future asset.

2/ Ubiquitous AirTags: The meeting discussed the widespread adoption of AirTags and similar IoT solutions, which, when paired with blockchain technology, enhance verifiable truth in time and location-based applications.

As a healthtech investor, I agree 100%. It won't take off for direct patient applications until this is possible.