Nick Beim – Medium

Sep 22, 2017

Learning Effects, Like Network Effects, Can Create Runaway Leaders

There’s a new economic force at work in the machine learning revolution that is capable of generating increasing returns to scale, much as network effects did in the internet revolution. This force is automated learning, and its business impact comes in the form of learning effects: the more a product…

Startup

9 min read

Learning Effects, Like Network Effects, Can Create Runaway Leaders

Startup

9 min read

Jun 28, 2016

When the Wisdom of Crowds Fails

“I do not believe in the collective wisdom of individual ignorance.” Thomas Carlyle, Scottish philosopher and historian Crowds can be remarkably unwise, particularly on complex subjects where the stakes are highest. There is no charitable way to discern wisdom in the result of the Brexit vote. This isn’t a judgment…

Brexit

4 min read

Brexit

4 min read

Jun 3, 2016

The Barbell Effect of Machine Learning

The Barbell Effect of Machine Learning If there is one technology that promises to change the world more than any other over the next several decades, it is arguably machine learning. By enabling computers to learn certain things more efficiently than humans and discover certain things that humans cannot, machine…

Machine Learning

6 min read

Machine Learning

6 min read