FrederikSchack
Regular
Ok, we got to 5 million in revenue a year later than I had estimated or hoped back in mid 2020, but hey, we live in a dynamic world and we can't predict it in details. Does anybody remember that we just went through some pretty wild world events? How many predicted them in detail? Neither can the management of the Brainchip team.
If you define the future from your expectations, you're more than 99% guaranteed to be disappointed, because there's always deviations at least at some level of detail.
I completely understand that it's tempting to let out the frustrations here and it seems the frustrations keeps circling around the point that management seemed to promise more than we got. Well, we got 5 million USD in revenue last year and I don't really think Brainchip promised anything specific.
A better approach than complaining is to reevaluate and adapt when the situation changes. We're where we are now and we can't do a damn thing about the past. So, let's look at the future, how does it look now?
Personally I've never been more optimistic about Brainchip than now and no amount of complaining about the past can change that, because I only evaluate Brainchip on the future. If I would have evaluated that Brainchip wouldn't cut it, then I would have cut my losses and sold it. Now, what I did recently is to increase my stake in Brainchip, because it's never been looking better to me.
These are some of my reasons:
1) AI got super focus after ChatGPT, Dale-E, Stable Diffusion e.t.c. and the amount of companies that are making something similar is exploding and many more billions will be poured into AI. We're at the accelerating part of the technological S-curve in AI. That's super positive for us, we're right in the middle of a revolution that IS changing the world right now.
2) We can't keep running AI on von Neuman hardware (nVidia, Cerebras e.t.c.), in the future, lest we want to end up consuming a great part of the worlds electricity solely for training AI models. We need a fundamental hardware change and it's never been more urgent. It's not just an environmental thing, it's also an economical thing. Only insane companies would run their models on nVidia hardware if they could run it on neuromorphic hardware and save heaps of money in investments and also save heaps of money on power consumption.
3) Neuromorphic computing is the best solution to point 2 that we have. I'm not saying that Neuromorphic chips will replace von Neuman architecture in all AI, but where it's feasible it will.
4) Neuromorphic computing is more than just energy savings and economic savings, it's new things that we can do, that we couldn't do before. We're opening up entirely new markets, that only neuromorphic computing is suited for.
5) It's crazy to send all the data from our devices to the cloud to have it analyzed there and having sent back the results to our devices, clogging up the veins of the Internet and delaying the respons, when we can do it on the device. Who can't see this? Neuromorphic computing can really bring some of todays data center capabilities to the device.
6) There are only two really promising Neuromorphic companies on the market and that's Brainchip and GrAI Matter Labs. We're in the middle of a startup dream situation, we only have one real competitor in our space. Everybody would love to have no competition at all, but a situation with one competitor is also really good.
7) We're dead center in the Industrial Revolution 4.0, nothing is more central than AI, AI pervades all the themes of Industrial Revolution 4.0. Who still can't see this? I saw this back in the middle of 2020 when reading "Symbiotic Autonomous Systems White Paper III" by IEEE, AI is in almost every trend they mention. Further as explained in the points above, neuromorphic computing is destined to play a continuously larger role in AI.
Also look at this Gartner Graph. I marked with green where neuromorphic computing is the absolute winner and blue where we definitely are going to make an impact.
So, to summarize, we're in the absolute dead center core of the Industrial Revolution 4.0, AI is taking off exponentially, neuromorphic computing is the economic and environmental solution to AI and neuromorphic computing is the enabler of many new things. Further, we're on the neuromorphic market and we have one real competitor?
Besides that our partners love us and say so publicly on many occasions, we're winning the PR game in this exploding market.
Does it take time to convince everybody? Yes. Does it take time for our industry partners to understand the new technology? Yes. Does it take time for our industry partners to design our chip into their hardware? Yes. But we are here now, our chips are being designed into various products, we're winning at least a part of the game.
Please, tell me where my logic fails about the future and don't tell me about the past, because I know the past at least as well as you. Tell me what I don't see about the future.
If you define the future from your expectations, you're more than 99% guaranteed to be disappointed, because there's always deviations at least at some level of detail.
I completely understand that it's tempting to let out the frustrations here and it seems the frustrations keeps circling around the point that management seemed to promise more than we got. Well, we got 5 million USD in revenue last year and I don't really think Brainchip promised anything specific.
A better approach than complaining is to reevaluate and adapt when the situation changes. We're where we are now and we can't do a damn thing about the past. So, let's look at the future, how does it look now?
Personally I've never been more optimistic about Brainchip than now and no amount of complaining about the past can change that, because I only evaluate Brainchip on the future. If I would have evaluated that Brainchip wouldn't cut it, then I would have cut my losses and sold it. Now, what I did recently is to increase my stake in Brainchip, because it's never been looking better to me.
These are some of my reasons:
1) AI got super focus after ChatGPT, Dale-E, Stable Diffusion e.t.c. and the amount of companies that are making something similar is exploding and many more billions will be poured into AI. We're at the accelerating part of the technological S-curve in AI. That's super positive for us, we're right in the middle of a revolution that IS changing the world right now.
2) We can't keep running AI on von Neuman hardware (nVidia, Cerebras e.t.c.), in the future, lest we want to end up consuming a great part of the worlds electricity solely for training AI models. We need a fundamental hardware change and it's never been more urgent. It's not just an environmental thing, it's also an economical thing. Only insane companies would run their models on nVidia hardware if they could run it on neuromorphic hardware and save heaps of money in investments and also save heaps of money on power consumption.
3) Neuromorphic computing is the best solution to point 2 that we have. I'm not saying that Neuromorphic chips will replace von Neuman architecture in all AI, but where it's feasible it will.
4) Neuromorphic computing is more than just energy savings and economic savings, it's new things that we can do, that we couldn't do before. We're opening up entirely new markets, that only neuromorphic computing is suited for.
5) It's crazy to send all the data from our devices to the cloud to have it analyzed there and having sent back the results to our devices, clogging up the veins of the Internet and delaying the respons, when we can do it on the device. Who can't see this? Neuromorphic computing can really bring some of todays data center capabilities to the device.
6) There are only two really promising Neuromorphic companies on the market and that's Brainchip and GrAI Matter Labs. We're in the middle of a startup dream situation, we only have one real competitor in our space. Everybody would love to have no competition at all, but a situation with one competitor is also really good.
7) We're dead center in the Industrial Revolution 4.0, nothing is more central than AI, AI pervades all the themes of Industrial Revolution 4.0. Who still can't see this? I saw this back in the middle of 2020 when reading "Symbiotic Autonomous Systems White Paper III" by IEEE, AI is in almost every trend they mention. Further as explained in the points above, neuromorphic computing is destined to play a continuously larger role in AI.
Also look at this Gartner Graph. I marked with green where neuromorphic computing is the absolute winner and blue where we definitely are going to make an impact.
So, to summarize, we're in the absolute dead center core of the Industrial Revolution 4.0, AI is taking off exponentially, neuromorphic computing is the economic and environmental solution to AI and neuromorphic computing is the enabler of many new things. Further, we're on the neuromorphic market and we have one real competitor?
Besides that our partners love us and say so publicly on many occasions, we're winning the PR game in this exploding market.
Does it take time to convince everybody? Yes. Does it take time for our industry partners to understand the new technology? Yes. Does it take time for our industry partners to design our chip into their hardware? Yes. But we are here now, our chips are being designed into various products, we're winning at least a part of the game.
Please, tell me where my logic fails about the future and don't tell me about the past, because I know the past at least as well as you. Tell me what I don't see about the future.