3 ms·
This seems too easy a recipe to be worth it in the medium term - there is no moat. Better cover your data with very strict laws, like google does with its exclu
by buboard 7y ago
This seems too easy a recipe to be worth it in the medium term - there is no moat. Better cover your data with very strict laws, like google does with its exclusive deals for medical data use.
- dfalfndfk 7y agoLike you say it's the access to data itself that is valuable. At risk of oversimplifying: building models is the easy part. Plenty of smart people who can do that. Data that is expensive to acquire is the best long-term play for an ML company. Either expensive due to regulations or expensive due to the quality of sources. Ideally both.
- paulddraper 7y agoGoogle didn't add any "laws" around that data though. The laws were already quite strict (HIPAA) and the data relatively inaccessible. Google jumped through all the hoops to get it. And an exclusive contract never hurts no matter what the service. (Logistics, payment processor, etc.)
- buboard 7y ago> an exclusive contract never hurts Thats why this is unfair. The health industry incentivizes (and often mandates) open publishing of scientific results, but patient data is reserved with gold chains for the exclusive use of google