July 30, 2017
Shashi Reddy, World Economic Forum
In 2009, Ira Sager of Businessweek magazine set a challenge for Quid AI's CEO Bob Goodson: programme a computer to pick 50 unheard of companies that are set to rock the world
The domain of picking "start-up winners" was — and largely still is — dominated by a belief held by the venture capital (VC) industry that machines do not play a role in the identification of winners.
Ironically, the VC world, having fuelled the creation of computing, is one of the last areas of business to introduce computing to decision-making.
Nearly eight years later, the magazine revisited the list to see how "Goodson plus the machine" had performed. The results surprised even Goodson: Evernote, Spotify, Etsy, Zynga, Palantir, Cloudera, OPOWER – the list goes on... Full Article.