Is artificial intelligence one of your investing themes?

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Andrew Ng is one of the most prominent individuals in the AI field.  He taught machine language at Stanford, founded and lead Google Brain (deep learning) project, and was a Chief Scientist at Baidu.

This YouTube video is essential viewing for anyone investing in the AI space. There is so much hype about the field these days that it is essential to learn about the field from someone dead center on the forefront of the field.  This is not a technical video but one that overviews the activities of the field for business people.

He discusses what AI can and cannot do. Also, he points out what some of the challenges of the field are – data and talent. While many are hyped to think AI can do anything, he debunks the hype in a clear and well-thought out way. There are many other aspects of the field that Ng brings down to simple explanations without the need to resort to calculus and matrix algebra which are critical to the field. 

His speech's title “Artificial Intelligence is the New Electricity” makes a lot of sense.

If you are investing in software or hardware companies involved in the AI boom, this is an important video to watch.  He speaks in simple terms that everyone can understand.  It is a long video, but well worth your time to get a handle on what you are really investing in in AI related companies.

Copyright 2017 Mark T. McLaren