Gil Syswerda - AI and the Future - podcast episode cover

Gil Syswerda - AI and the Future

Nov 17, 20211 hr 22 minSeason 5Ep. 46
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Episode description

Sal' Syndicate: Click to Join

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
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