Gil Syswerda - AI and the Future

Angel Invest Boston

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Artificial General Intelligence (AGI) is the whole ball game. Whoever gets it first will rule. Who’s ahead and how to bet on them; this is only part of the excellent second chat with AI wiz Gil Syswerda.

Highlights:

• Sal Daher Introduces Second Installment of Interview – AI and the Future
• Sponsors:
  • Purdue University entrepreneurship, and
  • Peter Fasse, patent attorney at Fish & Richardson
• “History is full of financial firms devising algorithms that work great in the past and don't work in the future.”
• “...our back testing showed on average 15% returns per year, and our live performance was exactly that, 15% per year.”
• “...we needed a supercomputer to run our algorithm. We built one. In the end, we spent upwards of a million dollars on this machine, and it took $10,000 a month in electricity to run it.”
• Gil Syswerda Teams Up with the Legendary Paul Tudor Jones and His Hedge Fund via Percipio
• The Start of the Sub-Prime Mortgage Crisis Breaks Gil’s Algorithm and He Goes to Cash
• Investors Complain When Gil’s Fund Goes to Cash in August of 2008 but by the End of The Year, They Think He’s a Genius
• The Algorithm from Gil’s Hedge Fund Finds Use at a Lead Generation Company
• Percipio became Jobcase which Is Heading to Unicorn Status
• After the Hedge Fund Experience Gil Returns to Angel Investing
• Gil “Busted” While Coding at Darwin’s Coffee House
• Genetic Rule Induction Seminar at Babson – Big Turnout
• Machine Learning Talent Is Had to Get Even for the Legendary Paul Tudor Jones
• Gil Starts FeatureX to Look for Patterns in Satellite Imagery
• Machine Alpha Looked for Trades Based on Tudor Data
• Algorithms Required so Much Computing that AWS Bill Approached $2 million in One Year
• Gil Syswerda’s Next Challenge Is Artificial General Intelligence
• “...if you're so smart, how come you're not a billionaire? The answer to that is I like to work on hard problems, hard technical problems.”
• Sal Discusses Some of the AI Companies in His Universe: PathAI, Pilot.com and VistaPath
• The First Company to Build Artificial General Intelligence Will Rule
• Buy Google Shares Because DeepMind Is Doing Amazing Stuff and Could Win the AGI Race – What Else to Buy
• Jeff Hawkins – Thousand Brains Theory - Numenta
• AI Research Is Hugely Expensive Due to the Massive Computing Requirements