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The problem with leaving this to independent companies is that some of the most natural application areas are dominated by independent companies operating as a
by mturmon 7y ago
The problem with leaving this to independent companies is that some of the most natural application areas are dominated by independent companies operating as a cartel -- think about credit scoring. The fact that the data and models are a natural "moat" (in the sense of Warren Buffett) is all the more worrying.
- SkyBelow 7y agoThe difference is the level of threat between a private company denying you a loan and the government deciding you should spend 10 years in prison. Please don't misunderstand, I'm not saying the former is good, only that it isn't nearly as bad as the latter.