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Learning effects, network effects, and runaway leaders

Learning effects, network effects, and runaway leaders



 There’s a new economic force at work in the machine learning revolution that is capable of generating increasing returns to scale, much as network effects did in the internet revolution. This force is automated learning, and its business impact comes in the form of learning effects: the more a product learns, the more valuable it becomes. Learning effects have the potential to… Read More



Source: techCrunch

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