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“AI is one of the most important things humanity is working on,” Google CEO Sundar Pichai told a town hall audience earlier this year. “It is more profound than, I don’t know, electricity or fire.” A few numbers support the hyperbole: Venture capital firms committed more than $12 billion to AI startups last year, double the amount they invested in 2016, according to KPMG. And 80% of large companies have launched AI projects.
Some years ago a discipline was developed called evidence based medicine. It is based on using studies of outcomes to make medical decisions rather than on subjective feeling. An early example of evidence based medicine was the decision to see if blood letting was an effective way of treating various ailments. It was found that sick people who were treated with blood letting died at a higher rate than sick people who received no treatment at all.
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