On September 19-21, 2023, the Prifina team attended the largest frontier tech event of the year in the Bay Area - TechCrunch Disrupt 2023. We had an opportunity to meet new and current partners and showcase some of the use-cases where Prifina’s partners are leveraging Prifina’s personal data platform to offer services on top of users’ own data. In the post below, we summarize some of our main accomplishments during TechCrunch 2023, and also provide some insights about the current trends in the consumer data and AI market. Prifina's Hub at TechCrunch Expo Hall This year at TechCrunch Disrupt, the Prifina had a booth located in the very center of the expo hall thus becoming a hub of attraction for people who came to see what are the latest developments in frontier tech. At our booth the Prifina team primarily aimed to focus on two areas of our work:
Showcase of sensorized products At Prifina's stand, visitors could see and experience how sensors are added to the physical products we use daily. Specifically, the Prifina team brought real sensorized helmets and headbands produced by our partners Haierling (making sensorized ski boots) and Samphire Neuroscience (producing menstrual neuromodulation devices). Those devices helped us illustrate how Prifina empowers individuals to collect data from various sensors and platforms and build compelling solutions on top of consolidated users' data. In the case of a ski coach, for example, the user not only gets a report about the ski performance but can also talk to a personal AI ski coach about the recovery after an intense ski experience. Such recovery is possible because the user can collect data from various data sources (e.g., ski boot sensor and a sleep tracking device such as Apple Watch or Oura Ring). Showcase of Personal AI Applications As we enter a world where every service we use is transforming into AI-powered assistants, one question remains: how do we make AI assistants really personal to the user? With Prifina's human-centric data infrastructure, it is rather simple to build AI-powered assistants: we need to build the assistant to the user, and tap into the combined of the user. Here is how it looks in practice: assume you want to build a "Personal AI travel agent" app. What data would such an AI assistant need to make recommendations that are truly personal to me? In this case, perhaps it is about: (i) my previous bookings on AirBnb platform, (ii) my starred locations on Google Maps (places I liked and places I marked as to be visited in the future); (iii) obviously, my calendar(s) so that I could plan accordingly, and (iv) perhaps my payments history. In Prifina's architecture, the user downloads the "Travel AI Assistant App" and runs on top of his/her own data, which includes various data sources, also possible is the four mentioned above. Such Travel AI Assistant app runs privately (on top of device, or in my own personal data hub which only I can access). Prifina's human-centric data architecture received much attention; we are onboarding new partners to build applications that run privately on the combined data set that users have in their personal data environments. General Takeaways and Market Trends After spending three days and talking to hundreds of founders, partners and investors, we have the following three takeaways about the market trends: 1. AI everywhere, even where it is not needed There is so much buzz about Artificial Intelligence. There is no question that AI tools and AI solutions are coming to many areas of our work, social life and leisure. AI tools will help curtail the amount of redundant tasks and help people focus on things that matter more, increase efficiency. In fact, this process of AI tools has been already taking place for quite some time, but the emergence of OpenAI's tools such as ChatGPT has made it really obvious. We also observed that the AI hype could get out of control: namely, we see how startup founders and builders are trying to add "AI" even to those areas where it does not make any sense. The result? Clumsy and complex UX, forced functionalities that are not needed. We understand that is a natural process of trial-and-error; we just hope that it will not take too much time and resources. 2. Sensors and Empowerment with Raw Data Similarly to other technology conferences in 2023, we see witnessed the wave of sensors rapidly entering every aspect of your physical lives. From sensorized running shoes, sensitized toilet seats, complex sensorized exoskeletons to sensorized workspaces, sensors and transforming how we live, work and recover. 3. Predictive Analytics for Consumers At TechCrunch we evidenced many fertility, sexual, reproductive, and other solutions that rely on sensor data and provide insights and nudges for consumers. Some of those solutions are diagnostic and clinical focusing on sophisticated biometric data, others are simple consumer-facing apps. Yes, one of the key common thread among sensors and AI-powered apps that offer predictive analytics is the need to adopt a more holistic approach to data. That's where Prifina's human-centric data model for user generated data has received most attention and validation. We are looking forward to continue our work with Prifina's current and new partners to unlock the value from users' data created across platforms and devices. Showcase of sensorized products At Prifina's stand, visitors could see and experience how sensors are added to the physical products we use daily. Specifically, the Prifina team brought real sensorized helmets and headbands produced by our partners Haierling (making sensorized ski boots) and Samphire Neuroscience (producing menstrual neuromodulation devices). Those devices helped us illustrate how Prifina empowers individuals to collect data from various sensors and platforms and build compelling solutions on top of consolidated users' data. In the case of a ski coach, for example, the user not only gets a report about the ski performance but can also talk to a personal AI ski coach about the recovery after an intense ski experience. Such recovery is possible because the user can collect data from various data sources (e.g., ski boot sensor and a sleep tracking device such as Apple Watch or Oura Ring). Showcase of Personal AI Applications As we enter the world where every service we use is transforming into AI-powered assistants, one question remains: how do we make AI assistants really personal to the user? With Prifina's human-centric data infrastructure, it is rather simple to build AI-powered assistants: we need to build the assistant to the user, and tap into the combined of the user. Here is how it looks in practice: assume you want to build a "Personal AI travel agent" app. What data would such an AI assistant need to make recommendations that are truly personal to me? In this case, perhaps it is about: (i) my previous bookings on AirBnb platform, (ii) my starred locations on Google Maps (places I liked and places I marked as to be visited in the future); (iii) obviously, my calendar(s) so that I could plan accordingly, and (iv) perhaps my payments history. In Prifina's architecture, the user downloads the "Travel AI Assistant App" and runs on top of his/her own data, which includes various data sources, also possible is the four mentioned above. Such Travel AI Assistant app runs privately (on top of device, or in my own personal data hub which only I can access). Prifina's human-centric data architecture received much attention; we are onboarding new partners to build applications that run privately on the combined data set that users have in their personal data environments.
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In the heart of Bern, Switzerland, an innovation and future conference - The 2291 Festival - recently provided a platform for Prifina to showcase its remarkable progress in collaboration with its Swiss partner companies. This event brought together visionaries, industry leaders, and venture capital firms, highlighting the transformative potential in the areas of sensors, personal data and AI. Prifina, along with Heierling, known for their high-end ski boots and equipment, took center stage at the event. We unveiled next-generation of ski boots and helmets that collect skiing data and seamlessly integrate it into their personal data cloud provided by Prifina. Users can then access applications that leverage this data, such as an AI ski coach, providing personalized insights and recommendations. Markus Lampinen and Jouko Ahvenainen took the stage to deliver thought-provoking talks during the event. Their focus centered on the fundamental question of personal data ownership and control, emphasizing that it is not only about owning the data but also enabling ordinary individuals to access applications built on their personal data. “Empowerment with personal data is crucial for individuals to lead healthier and more fulfilling lives.” - Jouko Ahvenainen Prifina's current primary focus revolves around leveraging data and applications to enhance people's well-being based on health and wearable data. By harnessing the power of personal data, Prifina aims to provide individuals with the tools they need to lead healthier lifestyles and make informed decisions about their well-being. Throughout the event, there were compelling discussions on the role of innovation in improving the lives of people. It was acknowledged that while technological advancements have the potential to revolutionize various aspects of our lives, there are also concerns about how companies and governments may misuse personal data for control. In this context, the consensus was that giving individuals better control over their personal data can empower them to lead better, healthier lives. Switzerland, known for its commitment to individual freedom and empowerment, has always held personal data control in high regard. The Swiss people recognize the importance of safeguarding personal data and ensuring that individuals retain the rights to make decisions regarding their own information. It is this shared belief that has facilitated a fruitful collaboration between Prifina, Heierling and Code Fabric, as they work together to redefine personal data ownership and control.
Prifina’s collaborations with Swiss companies shows the immense potential with user-generated personal data. By combining our expertise in technology, skiing equipment, and personal data management, we are pushing the boundaries of what is possible. This represents a unique opportunity for other consumer brands seeking innovative approaches to their product offering that have a positive impact on people's lives. Our general takeaway is that the future with user-generated personal data looks promising. Our vision of empowering individuals through personal data control resonates strongly with the Swiss people and the global community at large. Stay tuned for more updates as Prifina strives to revolutionize the way we experience sports and personal data, ultimately enhancing our lives in ways we never thought possible. On May 3rd, 2023, the Prifina team with its co-organizers at New York Life, hosted a panel on how AI-driven innovation and advances will impact consumer experiences. The event was sold out and we thank all attendees who braved the spontaneous rain in San Francisco to join in person. We’re grateful for such lively audience participation and brilliant questions for our panel, which included Mickey McManus, BCG, Malavica Sridhar, Founder, Northstarre, Markus Lampinen, Co-Founder and CEO, Prifina and moderator Amber Wang, Women in AI / Cerebral Valley. The panelists together raised various observations and addressed the trends in the current market:
With such a boom in generative AI, personal data and private use of personal data become fundamentally important. Not only because of privacy concerns but also because of representation; if apps and services are built utilizing individual models that represent the users, we can truly deliver private AI that helps us achieve what we want in life. Like an audience member asked: which human activities should we trust to AI and which should we want to perform ourselves? Questions like these are at the very heart of the debate, but should it not be our choice as individuals based on our preferences? After all, studies show that outsourcing tasks and chores you do not wish to do increases your overall satisfaction in your life. Thank you all for the wonderful debate and we cannot wait to see you soon to showcase more of what Personal AI can deliver, privately, to each of us. |
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