In order to understand Artificial intelligence, machine learning, deep learning, we need to start at the very basics.
🧵🧵🧵🧵 👇
Artificial Inteligence = 🖥️ + 🧠
When can you expect your fridge & mobile phone to revolt against you? (Spoiler Alert: Not in the foreseeable future).
Please Do 're-tweet' the Thread & help me spread the knowledge to more people.
In order to understand Artificial intelligence, machine learning, deep learning, we need to start at the very basics.
Person 1: Lets go watch The Dark Knight. Its our marriage anniversary!
Person 2: I dont like going out at night. Its too scary & depressing.
Person 1: Oh, what i meant was watching the movie "The dark Knight".
Person 1: Thanks honey, you're the best :D.
Person 1: As serious as Harvey Dent. As serious as Gautam Gambhir's surname.
Person 2: Okay, I dont know who they are, and obviously I was being sarcastic.
But its more than that. This language, in which computers talk, every string has a unique precise way to understand the 'sentence' (also known as a computer program). No ambiguity. No Ambiguity.
This is the stereotypical 1st program which any person new to Computer Science writes in one of the computer programming languages: Python.
As old as our tryst with computers is our yearning to see them do 'intelligent' things. This was the 1st time that humans have turned God. And we wanted to build our prodigy in our own image. Give it the gift of intelligence.
Artificial Intelligence: Any style of programming which enables computers to mimic humans.
so, through a limited set of atomic or basic programs we can represent an exponential set of outcomes.
Good resource: https://t.co/Yn7pV45yip
Now that we can simulate a neuron, what is the next step? Of course, to simulate an interconnected web of neurons! These are what are known as artificial neural networks.
It turns out, single hidden layer feed forward neural networks can approximate ANY* function to arbitrary degree of precision.
*terms & conditions applied.
https://t.co/WFRooX53Sx
While the theorem proves that such networks exist for each function and degree of precision, it says NOTHING about how to find them.
Let me describe this algorithm in few easy steps. I will try to keep it as non-mathematical as possible since many readers might have a non-mathematical background. Some math is unavoidable thought.
https://t.co/AfxlveCec6
https://t.co/yTZ9W55ncy
We have known about ANNs for many decades. Why then did we have to wait until 2010s before seeing wide ranging applications?
1. Lot of data. If we're learning from data (this is the core of machine learning), we need lot of data! To capture all the variations in data. https://t.co/9x4qnTAWB4
https://t.co/NZDi4fYpU6
https://t.co/tudLnUAhHh
I'm been untruthful when i talked about 2 schools of thought in AI. There are several. What predates modern ML and developed alongside the other schools are traditional ML methods. Everybody loves talking about the winners.
https://t.co/ylraMZQips
We did parts of this in college.
It wouldn't be an overstatement to say, everything.
Google, Facebook, Instagram, YouTube, Google Photos, Twitter everything is powered by Deep Learning. Deep Learning is eating software, quite literally.
https://t.co/SXBoEXQuma
You can provide this program english description of what a program should do, and it codes that program. That day might not be far when standard programming is 'deprecated' by Deep Learning models.
https://t.co/7yz7ydUL0a
https://t.co/AprUFaYKJE
https://t.co/SQOQAPUvBL
So many great places. But in my opinion, best one is courses. There are many of them, all of them great. My Masters guide Ravindran sir has free NPTEL courses.
https://t.co/aIjSK13v0F
https://t.co/LwE94cwzoe
for those that prefer the gentler, simpler, easier version.
This is something which has worried many people. The short answer is, not in the foreseeable future. Computers are still quite dumb. They do what they're told. Remember objective functions? That is how you tell a DL model what to do.
More from Sahil Sharma
A lot of people ask: how do you find companies to invest in? very good question.
How did you find RACL, Pix?
Creating this ad-hoc thread to share my process.
if you like it, please RT to benefit maximum investors. 🙏
1. https://t.co/2bvvRSBScr
Imagine what you want in a company, codify it in the form of filters, create a screen. Example below:
"Market Capitalization > 50
AND
Market Capitalization < 3000
AND
((Average return on capital employed 5Years > 25 AND
Price to Earning < 20) OR
(Average return on capital employed 5Years > 15 AND
Price to Earning < 10))
AND
Sales growth 5Years > 10
AND
...
...
Operating cash flow 5years /5 < Operating cash flow 3years /3
AND
Operating cash flow 7years /7 < Operating cash flow 3years /3"
In this screener, i am looking for
smallcaps with a min mcap,
which have a bare minimum average ROCE & valuation accordance to the unit economics
which are also growing topline
and where operating cash flows are also increasing, on an average basis
How did you find RACL, Pix?
Creating this ad-hoc thread to share my process.
if you like it, please RT to benefit maximum investors. 🙏
1. https://t.co/2bvvRSBScr
Imagine what you want in a company, codify it in the form of filters, create a screen. Example below:
"Market Capitalization > 50
AND
Market Capitalization < 3000
AND
((Average return on capital employed 5Years > 25 AND
Price to Earning < 20) OR
(Average return on capital employed 5Years > 15 AND
Price to Earning < 10))
AND
Sales growth 5Years > 10
AND
...
...
Operating cash flow 5years /5 < Operating cash flow 3years /3
AND
Operating cash flow 7years /7 < Operating cash flow 3years /3"
In this screener, i am looking for
smallcaps with a min mcap,
which have a bare minimum average ROCE & valuation accordance to the unit economics
which are also growing topline
and where operating cash flows are also increasing, on an average basis
Most of market does not beat the market by a lot. Which is alright.
In any activity the distribution of outcomes follows bell curve (Gaussian).
Those that are willing to put in effort reap the benefits. 😀
Otherwise we always have option to go for hard working PM's/etf/mf
For lot of consumer facing cos scuttlebutt is actually not that hard. We find reviews online (eg: app reviews on playstore, or reviews of products on social media)
B2B is hard to scuttlebutt, need to reach out to people in co and hope that are willing to talk. Connections help
In any activity the distribution of outcomes follows bell curve (Gaussian).
Those that are willing to put in effort reap the benefits. 😀
Otherwise we always have option to go for hard working PM's/etf/mf
Things to need to do before you buy a stock. I wonder though how many investors have the ability for item numbers 5, 6 & 7. I don't pic.twitter.com/E5AMVxbpNb
— Prashanth (@Prashanth_Krish) August 16, 2021
For lot of consumer facing cos scuttlebutt is actually not that hard. We find reviews online (eg: app reviews on playstore, or reviews of products on social media)
B2B is hard to scuttlebutt, need to reach out to people in co and hope that are willing to talk. Connections help
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his name might sound familiar because the new cortellucci vaughan hospital at mackenzie health, the one doug ford has been touting lately as a covid-centric facility, is named after him and his family
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cortellucci, who is a developer, also owns a large chunk of the greenbelt. doug ford's desire to develop the greenbelt has been
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