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by noirbot
824 days ago
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It's definitely harsh, and I want to be clear that I don't think it's innately a bad idea or destined to fail, but when it's easy to throw millions of dollars at a moon shot, trying to spin data straw into gold is worth a shot. It's similar to people trying to make a self-driving car, and how many of those are struggling/ending recently. It's not that there's nothing there, but when loans aren't free, you can't just throw money at it and hope. It's a field that's just been over-hired because it's been a field where you can go "we're 2 years away from something big" for 10 years and the money was cheap enough to just keep paying people with questionable results or prospects. It doesn't shock me at all that people are having a lot of trouble getting work in the field. Even 8 years ago, going to college job fairs, I almost had to herd away Masters students in ML and Data Science who were already having a hard time getting a job and were resorting to applying for QA positions at web dev companies. |
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It's like having the local police department check on the local police department.