How AI Is Manipulating Economics to Create Appreciating Assets
"If you buy a Tesla today, I believe you're buying an appreciating asset, not a depreciating asset." Think about that statement for a second…you're buying an appreciating asset, not a depreciating asset. And what is driving the appreciation of that asset? Tesla cars become "smarter" and consequently more valuable with every mile each of the 400,000 Autopilot-equipped cars are driven. Imagine a mindset of leveraging Deep Reinforcement Learning with new operational data to create products (vehicles, trains, cranes, compressors, chillers, turbines, drills) that appreciate with usage because the products are getting more reliable, more predictive, more efficient, more effective, safer and consequently more valuable.
Nov-24-2019, 23:04:37 GMT
- Country:
- North America > United States > California > San Francisco County > San Francisco (0.07)
- Genre:
- Personal (0.30)
- Industry:
- Transportation > Ground > Road (0.50)
- Technology: