The uproar of artificial intelligence
Artificial intelligence is being uproar to talk by citizens for various sectors. Many countries including Indonesia have adopted artificial intelligence to assist their activity easier. This intrigued many people to get into the competition for artificial intelligence, called the "startup trend."
A lot of startups in Indonesia have been competitive to take a part of the technology growth. Many entrepreneurs created the startup in this wave. Through this issue it can allow the job seeker getting the occupation. But this issue will be the backlash if the entrepreneurs run their business recklessly it can end by the failure even the lay off and the startup company will lose their investor. The entrepreneur must consider thoroughly all the aspect to run the startup business. It can be assumed that the trend of artificial intelligence can give the advantages and disadvantages.
The example of startup companies in Indonesia are akulaku (2016), koinworks (2015), uangme (2018), kata.ai (2015), verihub (2019). Nowadays, there are 74 startups in Indonesia focused on AI development. Among them are Nodeflux.
The increase in startup companies in Indonesia
More than 200 startups in Indonesia raised at least a million dollars in funding by the beginning of 2022. Moreover, Indonesia's foreign direct investments (FDIs) increased significantly, jumping from 3.92 billion U.S. dollars in 2016 to 20 billion U.S. dollars in 2021. This report was intrigued the startup trend in Indonesia. Furthermore, this issue was supported by the government through Gerakan Nasional 1000 Startup Digital, Startup Studio Indonesia, and HUB.ID to facilitate the entrepreneurs of early-stage startups develop their prototypes and reach product market readiness.
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According to the figure above, there are huge numbers of startup companies around the world. Indonesia is at number 5 rank following by Germany, Australia, France, Spain, and Brazil. America is the biggest number of startup companies.
The financial aid from investors to startup companies in Indonesia
Kata.ai is one of the startup company in Indonesia. This company provides the chatbot for communication. This startup company claimed that they got the financial aid was about 46.5 billion US dollar. They utilized this aid to expand research and development. Following by Dana gained $225.000.000, akulaku $100.000.000, modalku $144.000.000, sayurbox $120.000.000, koinworks $43.000.000 in 2022.