Jeff Dean said, "The more people who think about solving problems in this way, the better we'll be". I sincerely hope that Sundar emphasizes the thoughtful application of ML and not allow black box algorithms take too central a role.
This kind of hubris swept through wall street banks during the structured products boom, ultimately leading to products such as synthetic collateralized debt obligations. Taking Jeff Dean's opinion about whether machine learning would be a good thing is like taking the opinion of the creator of synthetic CDOs whether they were a good thing. The authors and evangelists are blinded by optimism and opportunity.
Is Sundar Pichai swept away by the opportunities of machine learning and too biased to be aware of risks ? Is Sundar acting like Stan O'Neil did as he pulled all the stops at Merrill Lynch and went all-in with CDOs? I hope he isn't. It does not seem to be the case as he mentions thoughtful use of ML.
Jeff Dean said, "The more people who think about solving problems in this way, the better we'll be". I sincerely hope that Sundar emphasizes the thoughtful application of ML and not allow black box algorithms take too central a role.
This kind of hubris swept through wall street banks during the structured products boom, ultimately leading to products such as synthetic collateralized debt obligations. Taking Jeff Dean's opinion about whether machine learning would be a good thing is like taking the opinion of the creator of synthetic CDOs whether they were a good thing. The authors and evangelists are blinded by optimism and opportunity.
Is Sundar Pichai swept away by the opportunities of machine learning and too biased to be aware of risks ? Is Sundar acting like Stan O'Neil did as he pulled all the stops at Merrill Lynch and went all-in with CDOs? I hope he isn't. It does not seem to be the case as he mentions thoughtful use of ML.
Nonethless, caution should be taken.