Monita Mo Presents at the Age of AI and Data Revolution
Canary Wharf | London, UK - Monita Mo, CEO and founder of Ascend Capital Partners, made a splash at The Next Frontier: The Age of Artificial Intelligence and data revolution conference hosted by the Norwegian government in London.
The conference brought together some of the most promising deep tech scale-ups, leading industry experts, investors, research institutions, universities and senior government representatives for a day full of interesting talks and networking.
Monita spoke alongside distinguished representatives of Softbank Investment Advisers, Darktrace, Cognite, Prowler.io and the Norwegian Minister of Digitalisation in a panel hosted by Chris Wigley, partner at McKinsey.
During her speech Monita highlighted that despite the growing prevalence of AI in our daily lives, our future generations should continue to study and appreciate art, not just the sciences, an area AI could not replace.
Monita directly addressed the newsworthy concern of European businesses fearing intellectual property (IP) loss when doing business in China, noting that the most important method to avoid this is by establishing trust with local partners, and directly engaging European and Chinese governments to explicitly protect European IP entering the Chinese marketplace.
Monita also drew parallels between investing in and growing AI technology companies and her experiences starting and managing a pig breeding business in China called the “Pig Parables”
Sell the pig before the pig is born – don’t think too much about how people will want to use it
Get your cash before the pig leaves the farm (importance of cash flow/up front)
Send a few free pigs to disgruntled customers – this will improve your brand image and marketing very quickly
Always listen to your customer – they are always right
“Pigs can smile” – nurture your employees to produce the best pigs!
All and all a great reception from a fantastic audience!