data

“You may have seen that Davos, ah, you know, recently they decided that data was a new asset class.”

“I like that when data is open and transparent and easily shared and easily indexed and discovered, that you can limit a lot of the bad stuff that people can do with it”

“The only defensibility that you can get with data is defensibility around your own data. If you're getting data from somebody else, it's not defensible, because they can give it to somebody else as well.”

“Shows the problem of thinking that software is any kind of defensible advantage. I don't think it is. But if there was something about The data, ah, and the network around that software that made it so that it wouldn't be easy to leave the first company and go…”

“Most of the data that is stored in the world today is stored in an unencrypted form.”

“The truth is that the more complex your data, the more time you spend getting everything ready than the actual analysis.”

“And this, I tell you, will be a trend. Your code will look more like data than it does today.”

“Our belief is that AI and machine learning, you will not win this war by having the better algorithm. The differentiator, the value proposition, is not in the algorithm. It's actually in the data.”

“And data today, if you treat it as a strategic asset, should have its own business process.”

“Data will require a system of records, right, just like the chief financial officer as a CRM an ERP, or the VP of sales as a CRM system, data will have the same kind of need.”

“Great data usually beats great algorithms.”

“So there's a design principle that we use, personally, at Algorithmia, which is data is heavy and expensive to move, but compute is light and cheap.”

“Is who kind of wins in AI, and I think that will probably come down to who has the best data, because the algorithms are, you know, all published and out there, and the frameworks are out there, and so it's not really, that's not really gonna be a differentiat…”

“They weren't writing about themselves like we're the baddies and we really want to oppress the crap out of people. They wrote about themselves like we're going to do a solid for society and we're going to make society better with data.”

“It's really for the first half of the life of artificial intelligence, people thought it had nothing to do with data whatsoever.”

“In healthcare especially, the limiting factor in building AIs is data. If you don't have access to a really unique proprietary type of data, you don't have edge.”

“And so that means you kind of can't do like a prediction. There's no Moore's law here where you can say, well, it'll get to that power of compute level at this, but at this point set aside the fact that we actually don't have enough data to give it 10 or a hun…”

“Their mode is probably not the user experience, but because it's very easy to copy. Anyone can study the product and copy. Their mode is data.”