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  "note": "Some significant real-world view of machine learning startups.\n\n> My TLDR summary:\n> \n> 1. Deep learning costs a lot in compute, for marginal payoffs  \n> 2. Machine learning startups generally have no moat or meaningful special sauce  \n> 3. Machine learning startups are mostly services businesses, not software businesses  \n> 4. Machine learning will be most productive inside large organizations that have data and process inefficiencies\n\nThe 3rd item is the one that I have seen the most.",
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