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A company just appointed an algorithm to its board
Posted on 6/3/14 at 9:46 am
Posted on 6/3/14 at 9:46 am
:not sure whether Money Talk or Tech Board:
quote:
A Hong Kong VC fund has just appointed an algorithm to its board.
Deep Knowledge Ventures, a firm that focuses on age-related disease drugs and regenerative medicine projects, says the program, called VITAL, can make investment recommendations about life sciences firms by poring over large amounts of data.
Just like other members of the board, the algorithm gets to vote on whether the firm makes an investment in a specific company or not. The program will be the sixth member of DKV’s board.
2
Posted on 6/3/14 at 9:49 am to 90proofprofessional
quote:
The program will be the sixth member of DKV’s board.
So kind of like the BCS?
Posted on 6/3/14 at 9:59 am to 90proofprofessional
I'm not worried until the program requests its name be changed to Skynet.
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