Metadata
- Author: Alex Honchar
- Full Title:: Anti-Data-Science: Applying Taleb’s Barbell in the AI World [2/2]
- Category:: 🗞️Articles
- URL:: https://alexrachnog.medium.com/anti-data-science-applying-talebs-barbell-in-the-ai-world-2-2-532554f84351
- Finished date:: 2023-02-09
Highlights
Two good reference applications for non-linear business outcomes are: • drug discovery: if we can use AI to generate more drug compounds artificially and test them in-silico instead of the real labs’ experiments, the curve of process speed-up is not linear, it’s exponential • predictive maintenance: the earlier we can spot the pattern that leads to the machinery breakdown, the cheaper will be the cost of fixing and replacement. And this cost grows not linearly, but exponentially over time. (View Highlight)
Apply the same rule as Taleb applied to the investments barbell: do not invest in the middle, invest only in safe, well-calculated investments or in risky yet high-return-promising ones (View Highlight)