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Wednesday, May 29, 2024

The Kaleidoscopic Impact of AI: Mingying Song, Founder of Tylo, Shares Insights Into the Threats and Possibilities of AI

Last updated Monday, April 15, 2024 09:56 ET

Dr. Mingying Song, founder and CEO of Tylo, a startup firm aiming to improve evidence-based innovation, talks about the threats, misconceptions, and advantages of AI technologies.

London, United Kingdom, 04/15/2024 / SubmitMyPR /

Few topics in the world cause such controversy, hesitation, and excitement as Artificial Intelligence (AI). While some people are hopeful about the potential positive impact of AI, others can’t help but fear the rapid growth of the technology. According to a recent survey, 32% of UK citizens fear AI might put their jobs at risk, and 28% believe it will improve the workplace. Managerial and professional employees exhibited the highest level of excitement, anticipating the boundless innovative developments.

Regardless of one’s stance, the impact of AI is undeniable, calling for fresh, one-of-a-kind ideas that simplify complex processes across many industries. With an extensive background in deep tech innovation and Research and Development (R&D), Dr. Mingying Song founded Tylo, a revolutionizing company that equips innovation professionals with customized strategic insights and connections, propelling evidence-based decision-making.

Extracting useful information from extensive technology databases and linking relevant content are the core concepts of Tylo. Through leveraging AI, the firm utilizes Natural Language Processing (NLP) algorithms, analyzing millions of scientific papers and patents from around the world. While generative AI has been in the spotlight, Song emphasizes that the technology Tylo uses is significantly different.

Unlike GPT models that rely on complex algorithms to generate unpredictable content, Tylo uses AI to extract essential information from scientific papers and patents, summarize the key points, and turn field-specific nomenclature into plain terms digestible to a wide array of business innovation teams. According to Song, academic papers and patents are the most condensed form of human technological expertise, and scrutinizing the data is imperative in making accurate, informed, evidence-based decisions.

“I think the biggest advantage of using AI in the next 5 to 10 years isn’t going to be creating new ideas, concepts, works of art, or knowledge bases, but helping people extract the wisdom that humans have been working on for centuries,” added Song. “Scientific publications, including papers and patents, contain peer-reviewed information and are the most reliable data source with much higher credentials than others available on the internet. That’s why it’s crucial to utilize that knowledge most efficiently and spread it globally.”

While Tylo’s target audience is innovation and research business teams, the company’s founder emphasizes AI technology has many more implications and potential use cases. For instance, scrutinizing research can assist organizations in curating methodology and budget strategies to reach their strategic objectives more efficiently.

Tylo is designed to elevate existing technologies. When the World Wide Web was created, one of the most exciting aspects for society was easy access to information. However, as pointed out by Song, the abundance of data was difficult and time-excessive to filter through, making the research process complex and lengthy.

The Internet played a pivotal role as an entryway into the broad world of wisdom and knowledge. “I think digitizing information and offering it to a general audience was seminal in our journey as humanity. But I consider it more as a stepping stone rather than the ultimate solution,” expressed Song. According to the founder of Tylo, the Internet didn’t overcome the barrier of varied technical expertise levels, posing challenges to those without field-specific knowledge. He adds, “With Tylo, we aim to change that, by removing the expertise barrier between high-level information, like that in papers and patents, and the people who may not be subject matter experts, but need to make innovative decisions for their organizations.”

While many people expressed a common concern about AI jeopardizing job opportunities, Song believes utilizing artificial intelligence will generate even more positions, specifically geared towards the younger, tech-savvy generations entering the workforce soon. Negating the claims about AI being a threat, Song alludes to many aspects AI can revitalize, such as basic programming, text-summarizing jobs, partial image generation, and videography.

The AI revolution is unstoppable, but for Song, technology can't shine without humans in the loop. With its scrutinizing solutions, Tylo aims to increase the efficiency of research by 30%, emphasizing that employees will be the more crucial element.

Unwaveringly realizing their mission of streamlining innovation, Tylo has decomposed over 200 million scientific papers and over 100 million patents, condensing them into a digestible knowledge graph form. “Although technology drives our vision, Tylo is meant to extract human wisdom,” added Song. “We live in a world where people have access to expertise and information and they have to make salient decisions based on that data. My vision is to make that process more efficient, regardless of someone’s expertise. However, I don’t think AI itself should change the fundamentals of the universe. People still have to connect, collaborate, and share ideas. For me, AI is all about connecting people with the same interests and goals and accomplishing long-term visions together. Artificial intelligence is only the first step of driving humanity forward, not the endpoint.”

Media Contact

Name: Dr. Mingying Song

Email: [email protected]


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