Partner @DCVC; physicist at heart; interested in hard tech solving real problems; proud graduate and supporter of @ChicagoBooth & @UCBerkeley.
May 10, 2018 • 13 tweets • 3 min read
Just finished Prediction Machines by Ajay Agrawal @joshgans & @avicgoldfarb. Wow. I have been investing in AI companies for years @DCVC and still found this a very insightful read. Here are some of my crib notes 1/n
AI can be thought of as a fall in the cost of prediction (i.e., here’s a picture, predict the label). Turns out economists have tools for thinking about falling costs! 2/n
