"One thing I've been doing at Baidu is running a workshop on the strategy of innovation. The idea is ..." — Andrew Ng

I think the rise of A.I. is bigger than the rise of mobile. Large companies are sometimes as worried about startups as startups are about large companies. Ultimately, it will be about who delivers the best service or product.

There are two companies that the AI Fund has invested in - Woebot and Landing AI - and the AI Fund has a number of internal teams working on new projects. We usually bring in people as employees, work with them to turn ideas into startups, then have the entrepreneurs go into the startup as founders.

Baidu and Google are great companies, but there are a lot of things you can do outside them. Just as electricity and the Internet transformed the world, I think the rise of modern A.I. technology will create a lot of opportunities both for new startups and for incumbent companies to transform.

Google Brain, which I led, was arguably the single biggest force for turning Google into a great A.I. company. I'm pretty sure I led the team that transformed Baidu as well. So one thing that really excites me is the potential for other companies to become great A.I. companies.