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I think it's strange that "Bayesian Theory" has become a concept. It's just one of many formulas in probability theory. Yeah, it's particularly useful in many c
by ced 20y ago
I think it's strange that "Bayesian Theory" has become a concept. It's just one of many formulas in probability theory. Yeah, it's particularly useful in many cases, but learning Bayes theorem without learning the rest is silly.
Regardless, I agree that investing in probability/statistics is a good idea. Right now, there's a rush to fill all the niches of the web ecosystem. Startups can afford to be relatively unsophisticated, because so is everyone. I suspect that eventually, we'll see radically more "evolved" systems displacing the old ones, like Google did to Yahoo. I don't think that those could be built in 3-months, though. I'm curious to see if YC will have to change its model, but that might be a way off.