How to Win with Machine Learning
by Ajay Agrawal, Joshua Gans, and Avi Goldfarb
THE PAST DECADE HAS BROUGHT tremendous advances in an exciting dimension of artificial intelligence—machine learning. This technique for taking data inputs and turning them into predictions has enabled tech giants such as Amazon, Apple, Facebook, and Google to dramatically improve their products. It has also spurred start-ups to launch new products and platforms, sometimes even in competition with Big Tech.
Consider BenchSci, a Toronto-based company that seeks to speed the drug development process. It aims to make it easier for scientists to find needles in haystacks—to zero in on the most crucial information embedded in pharma companies’ internal databases and ...
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