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by purple-again
1914 days ago
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Really disappointing to hear this. The ML revolution is very real and so is the immense value it’s capable of granting us...HOWEVER it’s really only in a narrow category of problems and people don’t want to admit that so they try to shoehorn it into every corner of everything...not too dissimilar from blockchain. That narrow problem space where ML has become revolutionary is classification problems where the cost of a false positive is marginal. In the industry we frequently refer to it as “professional judgement” and anyone who has ever referred to that statement in the course of their work should be concerned because ML is coming for you. As far as the false positive part of it, we’ll no on bats an eye when a surgeon loses a patient, but we’re unlikely to accept the same from a computer any time soon. The biggest area where I can think of that this narrow problem space exists to be capitalized on is...search. Not surprising then that Google became a king of ML because to them it was actually a revolutionary leap forward to their core problem. |
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"We are going to challenge existing players in $market" gets you nothing, "We are going to disrupt $market with blockchain/ML" gets you a eight-digit seed round.