Prediction certainty 3/5 debate potential 2/5

James Cham: Near-term AI will consist of many small specialized systems

James Cham · 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta · Oct 19, 2016 · at 9:10

James Cham, Partner at Bloomberg Beta, discusses the practical architecture of machine learning deployment with 20VC host Harry Stebbings.

0:00 / 0:14exact quote · 14.3s
720p mp4 · rendered on demand · StarZero watermark
“I think machine intelligence is not going to be, at least in the near term, you know, one big intelligence, but as it is for our own brains, many small intelligences and many, many small systems that help us make Good decisions or make decisions for us and do things on our behalf.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from James Cham

Prediction Not checkable as stated
Cham: Many corporate ML projects will fail due to poorly defined problems
“My own bet is that you'll see a lot of that happening over the next few years as the number of high profile projects inside corporations end up not yielding fruit in part because the problem was not defined well enough, or there was an assumption that If we ju…”
James Cham Oct 19, 2016 ▶ 10:32 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Insight
Cham: The best venture investment decisions are always highly controversial
“The best investment decisions were always very, very controversial.”
James Cham Oct 19, 2016 ▶ 15:47 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Disclosure
Bloomberg Beta allows any single partner to individually approve investments
“In our firm at least, we've made the decision that anyone can say yes.”
James Cham Oct 19, 2016 ▶ 16:06 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Insight
James Cham: Doomsday and labor replacement debates miss real AI opportunities
“The danger, though, is that a lot of the conversation focuses on what I would call either Theological questions about the end of the world, which is interesting, but I think oftentimes not relevant, or questions around straightforward labor replacement, and I …”
James Cham Oct 19, 2016 ▶ 6:11 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Prediction Held up
James Cham: ML SaaS will enable cross-company insights without sharing raw data
“There's going to be something, some similar insight and some similar buzzword about the separation of models and the ability to share insights of models between companies while at the same time not actually sharing data.”
James Cham Oct 19, 2016 ▶ 12:21 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Insight
James Cham: Groups are uniquely bad at making interesting decisions
“Groups are really good at Getting new diverse points of view and new bits of information. And groups are actually also really good at doing complex coordinated tasks. Groups are uniquely bad at making interesting decisions.”
James Cham Oct 19, 2016 ▶ 15:09 20VC: Greenfield Opportunities For Machine Learning, Why Massive Corporates Finally See It's Potential & Why VC's Investment Decision Making Process Needs To Change with James Cham, Partner @ Bloomberg Beta
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 1,200 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.