Global Big Data Conference

#artificialintelligence 

I've been keeping an eye on the use of machine learning algorithms, particularly by venture capitalists, to make investment decisions for some time now. They've been investing in machine learning companies for years, so applying their products to other businesses, once you have studied how they work, seems a reasonable proposition. After all, what is the decision to invest in a startup based on? Basically, the fruit of a set of analyses and previous experiences that can be systematized and verified in different ways, while the experience corresponds, in reality, to the imperfect distillation, with its biases and errors, of a series of previous decisions, weighted by the results obtained in each. That said, venture capitalists are not entirely objective: they usually allow multiple factors to enter the decision-making process, which include anything from the feelings generated by the company's founding team, to more or less rigorous analyses of its capacity for future development.