Worth a watch: The State of Artificial Intelligence – Andrew Ng

 

This fantastic lecture was presented by artificial intelligence (AI) expert, Andrew Ng, at MIT’s EmTech conference. Watch as Andrew describes the new AI era, where a traditional technology company plus a neural network does NOT equal an AI company… a common misconception among business owners and investors!

According to Ng, a modern-day AI company requires:

  • Strategic data acquisition
  • Unified data warehouses “to connect the dots”
  • Pervasive automation
  • New job descriptions

The AI applications and technology companies described by Andrew Ng are playing an increasingly vital role within the portfolio of Vailshire Partners, LP–Vailshire’s flagship long/short healthcare- and technology-centered hedge fund.