Social apps are no longer hot
October 31, 2016
Social apps are no longer “hot”.
A recent study surveyed the most popular words startups use to describe themselves when trying to raise money.
“App,” “Mobile”, “Online” and “social” have waned in popularity.
The new buzzwords are “natural language,” “artificial intelligence” “virtual reality” and “machine learning.”
Funding to AI start-ups reached a record high this year. Meanwhile Google, Apple and Samsung are rushing to acquire these firms.
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