A Quote by Andrew Ng
Deep learning is a very capital-intensive area, and it's rare to find a company with both the necessary resources and a company structure where things can get done without having to pass through too many channels and committee meetings.
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The next revolution, the next trend is to be an intelligence-intensive company. That has more value to society than a labor-intensive company.
Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too much risk, because the company is both your employer and the source of your retirement income. So if something goes wrong, you lose both your job and your retirement plan.
Too many startups get in the habit of continually raising more and more money, which has the deleterious effect of both pushing out profitability and limiting your exit options. The less rounds of capital you need to raise, the more of your company you get to own.
When you're in a start-up, the first ten people will determine whether the company succeeds or not. Each is 10 percent of the company. So why wouldn't you take as much time as necessary to find all the A players? If three were not so great, why would you want a company where 30 percent of your people are not so great? A small company depends on great people much more than a big company does.
To write poetry is to be very alone, but you always have the company of your influences. But you also have the company of the form itself, which has a kind of consciousness. I mean, the sonnet will simply tell you, that's too many syllables or that's too many lines or that's the wrong place. So, instead of being alone, you're in dialogue with the form.
For every company that sees the value of their capital go up, there's another company that has been disrupted, and the value of their capital gets marked down because it's not going to compete in the same way.
I try not to schedule too many meetings. That's one of the things I learned in corporate America - that you can spend your days having meetings and never actually have time to work.
Why are we here? I think many people assume, wrongly, that a company exists solely to make money. Money is an important part of a company's existence, if the company is any good. But a result is not a cause. We have to go deeper and find the real reason for our being.
Generally, what people tend to underestimate is the cyborg nature of Groupon. We are a company that has the DNA of being both a technology company and a heavily operational company.
Disneyland will always be building and growing and adding new things... new ways of having fun, of learning things, and sharing the many exciting adventures which may be experienced here in the company of family and friends.
One of the things that Baidu did well early on was to create an internal platform for deep learning. What that did was enable engineers all across the company, including people who were not AI researchers, to leverage deep learning in all sorts of creative ways - applications that an AI researcher like me never would have thought of.
It's never happened to me before, in my career, and never will again. It's a one-off experience. It's a rare treat to have a cast together for six years. Crews come and go, and a few of them have been there throughout, but not many. It's rare, in my experience, after 26 years, to have had a proper company in a show that enjoys each other's company, and who is such a fine bunch of people and actors. To have struck a chord with people, and to have had that combination, is extremely rare.
I described the CEO job as knowing what to do and getting the company to do what you want. Designing a proper company culture will help you get your company to do what you want in certain important areas for a very long time.
The aggregate capital appears as the capital stock of all individual capitalists combined. This joint stock company has in common with many other stock companies that everyone knows what he puts in, but not what he will get out of it.
Companies that actually survive and flourish are going to change their business model from production to aggregating the networks and the network services and solutions. If you're a construction company or an IT company or a logistics company or an information data operation, to the extent that you can find ways to help build the commons, you can get some commercial value in that.
The company started in the early 90s or late 80s. We were a behavioural science company. We didn't pivot into data analytics till 2012. So, all the data that we collected pre-2012, which was done by the British company SBL group, was collected through quantitive and qualitative research on the ground.
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