A technology like artificial intelligence (AI) is extraordinarily complex to begin with. When you start to apply AI to complex domains like drug discovery, there’s a snowball’s chance in hell your average retail investor will understand what’s happening under the hood. If, as risk-averse investors, we adhere to Warren Buffett’s adage of only investing in what we understand, this puts us in a difficult position.
One way to break down the complexity of a company is by examining their business model. Without revenues, it’s practically impossible to properly examine a business model, which is why we don’t invest pre-revenue. Today, we’re going to look at four different publicly traded companies that are using AI to improve the drug discovery process.
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