Laura N. Montoya | Searcharxiv

arXiv2024

Evaluating Investment Risks in LATAM AI Startups: Ranking of Investment Potential and Framework for Valuation

The growth of the tech startup ecosystem in Latin America (LATAM) is driven by innovative entrepreneurs addressing market needs across various sectors. However, these startups encounter unique challenges and risks that require specific management approaches. This paper explores a case study with the Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) metrics within the context of the online food delivery industry in LATAM, serving as a model for valuing startups using the Discounted Cash Flow (DCF) method. By analyzing key emerging powers such as Argentina, Colombia, Uruguay, Costa Rica, Panama, and Ecuador, the study highlights the potential and profitability of AI-driven startups in the region through the development of a ranking of emerging powers in Latin America for tech startup investment. The paper also examines the political, economic, and competitive risks faced by startups and offers strategic insights on mitigating these risks to maximize investment returns. Furthermore, the research underscores the value of diversifying investment portfolios with startups in emerging markets, emphasizing the opportunities for substantial growth and returns despite inherent risks.

q-fin.GN↗

arXiv2022

Contextualizing Artificially Intelligent Morality: A Meta-Ethnography of Top-Down, Bottom-Up, and Hybrid Models for Theoretical and Applied Ethics in Artificial Intelligence

In this meta-ethnography, we explore three different angles of ethical artificial intelligence (AI) design implementation including the philosophical ethical viewpoint, the technical perspective, and framing through a political lens. Our qualitative research includes a literature review that highlights the cross-referencing of these angles by discussing the value and drawbacks of contrastive top-down, bottom-up, and hybrid approaches previously published. The novel contribution to this framework is the political angle, which constitutes ethics in AI either being determined by corporations and governments and imposed through policies or law (coming from the top), or ethics being called for by the people (coming from the bottom), as well as top-down, bottom-up, and hybrid technicalities of how AI is developed within a moral construct and in consideration of its users, with expected and unexpected consequences and long-term impact in the world. There is a focus on reinforcement learning as an example of a bottom-up applied technical approach and AI ethics principles as a practical top-down approach. This investigation includes real-world case studies to impart a global perspective, as well as philosophical debate on the ethics of AI and theoretical future thought experimentation based on historical facts, current world circumstances, and possible ensuing realities.

cs.AI↗