Andrew Ng, one of the most prominent Data Scientists in the world who has previously led teams at Google Brain and Baidu, is a Co-Founder of Coursera recently gave a talk at EmTech. As the TMS Lead in Singapore I wanted to distill his words of wisdom on aspects that I have noted are very important in my years working in the Artificial Intelligence space.
Internet vs. Artificial Intelligence Era
The first is how being a company that does artificial intelligence well is completely different from a company that does technology well, which is completely different from a company that makes goods and services well. DHL and FedEx are centuries old logistics companies that have successfully made the jump into the internet age. Conversely, Eastman Kodak and Polaroid were camera companies that could not successfully make the jump into the digital age. The next twenty years will show which companies will make the jump from successfully from digital to AI.
I can’t stress the point of Strategic Data Acquisition enough.