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by AIsore
768 days ago
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There is a lot to unpack. But let's start with your first point. If the acquisition of DeepMind was just a talent acquisition, why continue to let them publish?
Your second point: how did you get the impression that this market is "mature"? And, going back to the first point, which market do you actually mean to have matured?
Regarding value creation/capturing/sharing, academic naivety, this industry is no different to any other, nor has basic economics changed. Deep Learning is an amazingly powerful new technology that has the potential to change the world. But how you make products/services out of it which we all value, pay for and thus provide the basis of employment is the usual risk/reward cycle ANY business has to subject itself to. More believe in the technology = more investors willing to fund businesses that have negative free cash-flow for longer. Yes, the competitive landscape seems stacked against new entrants, but that is no different to when today's teach behemoths started. And yes, as with any industry, monopolies are not great and, according to Kara Swisher, maybe tech at large, today, is an unhealthy monopoly. |
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