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About AI and Sustainability
The discussions around artificial intelligence (AI) and sustainability have been focused on two fronts, according to Lorenzo Thione, Managing Director at Gaingels. On one hand, the rapid growth of AI capabilities has given rise to new products and technologies that require large amounts of computational power and resources, which is unsustainable. But on the other hand, the advancements in AI and machine learning technology have opened up avenues for creating more architectures to sustain AI development, which is going to bring about innovation.
About Lorenzo Thione and Gaingels
Lorenzo Thione is a venture capitalist and investor who has focused on AI and sustainability investments since selling his AI-web company, Powerset, to Microsoft in 2009. He works at Gaingels, a venture capital syndicate that has deployed almost $750 million and focuses on backing founders who identify as LGBTQ+. As part of the LGBTQ+ community himself, Thione has worked hard to change the industry’s narrative by supporting founders and making the venture industry more diverse.
The Future of AI in Sustainability
Thione predicts that there will be several companies that use AI to address energy consumption and the distribution of power resources. Many AI firms will focus on using AI to solve problems that will positively impact the climate, making the technology sustainable. These companies will use adversarial systems to detect and combat negative externalities of AI and create an equitable society.
About the Interview with Lorenzo Thione
+ conducted an interview with Lorenzo Thione in which he discussed his journey in venture, the future of AI and sustainability, and how Gaingels has dealt with the investor pullback. The interview has been edited for length and clarity.
FAQs
What is Gaingels?
Gaingels is a venture capital syndicate that focuses on backing founders who identify as part of the LGBTQ+ community.
What is Lorenzo Thione’s background?
Lorenzo Thione is a venture capitalist and investor who has focused on AI and sustainability investments since selling his AI-web company, Powerset, to Microsoft in 2009.
What does Thione predict for the future of AI?
Thione predicts that there will be several companies that use AI to address energy consumption and the distribution of power resources. He believes that AI will be used to solve problems that have a positive impact on the climate.
What is the goal of adversarial systems in AI?
Adversarial systems are used to detect and combat negative externalities of AI such as misinformation and deep fakes. They are aimed at creating a more equitable society.
What is the focus of Thione’s work at Gaingels?
Thione works on AI and sustainability investments at Gaingels. As part of the LGBTQ+ community, he aims to support founders and make the venture industry more diverse.
Conclusion
The conversation around AI and sustainability has centered on two fronts: the rapid growth of AI capabilities requiring significant resource consumption which is unsustainable, and the advancements in AI and machine learning technology that have opened up avenues for creating more sustainable architectures for AI development. Lorenzo Thione, managing director at Gaingels, predicts that more companies will use AI to positively impact the climate and create a more equitable society. Through adversarial systems, AI can detect and combat negative externalities, paving the way for a sustainable future.
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