Sequoia Capital Highlights AI as a Major Cognitive Revolution

According to BlockBeats, Sequoia Capital has characterized the current wave of artificial intelligence as a profound 'cognitive revolution,' suggesting its transformative power could rival or even surpass the Industrial Revolution, presenting a massive $10 trillion business opportunity. Recently, Sequoia Capital partner Konstantine Buhler delivered a speech titled 'AI Revolution: A $10 Trillion Wave, Greater Than the Industrial Revolution,' emphasizing that the next battleground for AI is the vast service industry. Buhler noted that similar to how SaaS software not only encroached on traditional software markets but also significantly expanded market boundaries, AI is poised to disrupt and expand the service sector. This includes traditional service industries like law, accounting, and healthcare, which have been dominated by large partnership firms. AI is expected to drive the emergence of new publicly traded companies and potentially alter the familiar S&P 500 index. At the dawn of this 'cognitive revolution,' Sequoia Capital is actively seeking and investing in startups capable of 'specializing' general AI technologies. These companies are likened to the Rockefellers and Carnegies of the past, tasked with shaping future market leaders by refining general AI models into 'cognitive assembly lines' that address specific industry challenges. Over the next 12 to 18 months, Sequoia plans to focus on five investment themes: persistent memory, seamless communication protocols between AIs, AI voice, end-to-end AI security, and open-source AI.