Gil Syswerda - AI and the Future

<p>Sal' Syndicate: <a href= "https://www.angelinvestboston.com/our-syndicates">Click to Join</a></p> <p>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.</p> <p>Highlights:</p> <ul> <li>Sal Daher Introduces Second Installment of Interview – AI and the Future</li> <li>Sponsors: <ul> <li>Purdue University entrepreneurship, and</li> <li>Peter Fasse, patent attorney at Fish & Richardson</li> </ul> </li> <li>“History is full of financial firms devising algorithms that work great in the past and don't work in the future.”</li> <li>“...our back testing showed on average 15% returns per year, and our live performance was exactly that, 15% per year.”</li> <li>“...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.”</li> <li>Gil Syswerda Teams Up with the Legendary Paul Tudor Jones and His Hedge Fund via Percipio</li> <li>The Start of the Sub-Prime Mortgage Crisis Breaks Gil’s Algorithm and He Goes to Cash</li> <li>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</li> <li>The Algorithm from Gil’s Hedge Fund Finds Use at a Lead Generation Company</li> <li>Percipio became Jobcase which Is Heading to Unicorn Status</li> <li>After the Hedge Fund Experience Gil Returns to Angel Investing</li> <li>Gil “Busted” While Coding at Darwin’s Coffee House</li> <li>Genetic Rule Induction Seminar at Babson – Big Turnout</li> <li>Machine Learning Talent Is Had to Get Even for the Legendary Paul Tudor Jones</li> <li>Gil Starts FeatureX to Look for Patterns in Satellite Imagery</li> <li>Machine Alpha Looked for Trades Based on Tudor Data</li> <li>Algorithms Required so Much Computing that AWS Bill Approached $2 million in One Year</li> <li>Gil Syswerda’s Next Challenge Is Artificial General In