Machines have only timidly reached venture capital territory due to the lack of fuel they require: large quantities of properly labeled data. In private markets, data is scarce and asymmetrically distributed among participants. Private companies don’t publish standardized data that algorithms can easily process.
Hence the decision which startups get…
Technological progress is neither bad nor good. We humans get to decide what we use it for (for now at least 🤖).
However, we face pressing realities in our choices: