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The amount of money in this field puzzles me. The difference between relative novice and competition winner on kaggle.com is often in the single digit percentag
by danjoc 9y ago
The amount of money in this field puzzles me. The difference between relative novice and competition winner on kaggle.com is often in the single digit percentages or less. When 26 year old George Hotz can build his own self driving car in his garage, it seems like a very narrow moat.
- otoburb 9y agoYou make it sound like George Hotz is any run-of-the-mill 26 year old, except he's anything but[1]. [1] https://en.wikipedia.org/wiki/George_Hotz https://en.wikipedia.org/wiki/George_Hotz
- danjoc 9y agoBut the point is, for $3M I can fund George Hotz and have an entry in the self driving car arena. For nothing, I can go grab open source code and be a small percentage away from the absolute state of the art. How do companies justify such a tiny edge as being worth so much? I wish Andrew Ng the best. I do. He's a class act. I enjoyed his course years ago, but came away a little disappointed. At the end, I realized there's no intelligence in the algorithms. It's all just applied statistics and a lot of sweat preparing training data. Maybe I should just shut up and vie for some of the easy money sloshing around. I think I would just feel weird asking for a ton of cash when the end product is just a bit of recursive math.