NEW DELHI : Digital is the way forward. Siddharth Pai, founder of Siana Capital, says it is no longer a question of whether or not you will do something in the digital world. It’s just a question of when you will do it, and how you will do it.

Pai is a venture capitalist looking for firms in the field of deep tech or deep science for investment purpose. Artificial intelligence is a lot easier to deploy today as the computing power required to run them is a lot cheaper. Also, the data fed into these AI solutions is a lot more accurate.

It is no surprise that every company pitch made to an investor revolves around AI or machine learning, points out Pai. “When I see an idea that has got a view to change the B2C part of an interaction from an AI standpoint, I don’t see them lasting for more than 5-7 years from now. However, B2B is a very different game. The same kind of predictive analytics tool when used to improve logistics, supply chain, or customer engagement is going to work extremely well," says Pai. He, however, isn’t betting on cryptocurrencies being able to take over the world, because governments and banks won’t allow it. But he is very positive about the distributed ledger or blockchain and feels that the technology is expected to grow.

Investors are interested in talking to companies that have distributed ledger solutions which can be used for any sort of transactions and contracts that don’t necessarily talk to one another very well.

A lot of things are happening in the field of robotics. As technology develops and the way humans interact with machines changes, a solution that can improve the interaction between man and machines will generate a lot of interest among investors, Pai says. There is a lot of interest in platforms that would seamlessly allow top-level computer programmers from Russia, India or Israel do at one-fifth the cost the work being done by any startup in Silicon Valley.

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