Domingos: Data Network Effects Create Major Competitive Moats for Machine Learning Incumbents
Pedro Domingos · #13 Pedro Domingos: The Rise of The Machines · Aug 30, 2016 · at 30:55
Computer scientist Pedro Domingos discusses with host Shane Parrish whether first-mover advantages in machine learning provide a permanent competitive moat.
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“There's this network effect of data where if you have a good product and people start using it, then you have a lot of use this, for example, you know, how Google has built up such an unassailable position in search, right? Is like you use their search engine. Therefore they have a lot of data to learn from. Therefore more people, therefore the search gets better. Therefore people, more people use the search engine. And so you have even more data to learn from. So someone coming in from scratch, Trying to learn from initially no data or very little data will have a very hard time competing with Google or Bing.”
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