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Pedro Domingos

“But Google’s learning algorithms are much better than Yahoo’s. This is not the only reason for the difference in their market caps, of course, but it’s a big one. Every predicted click that doesn’t happen is a wasted opportunity for the advertiser and lost revenue for the website. With Google’s annual revenue of $50 billion, every 1 percent improvement in click prediction potentially means another half billion dollars in the bank, every year, for the company. No wonder Google is a big fan of machine learning, and Yahoo and others are trying hard to catch up.”

Pedro Domingos, The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World
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The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World by Pedro Domingos
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