Walt Disney gained worldwide fame with the animated film ‘Steamboat Willie,’ but Disney’s first studio went bankrupt. By the mid-1930s, he had produced over 400 animations, most of which suffered heavy losses. In 1938, Snow White and the Seven Dwarfs made $8 million in just the first half—more than ten times the earnings of other films. Meanwhile, with this animation, the company paid overdue wages to its employees and recovered the losses it had sustained. An unusual event that changes everything is called a “tail event.” 40% of publicly listed companies in the U.S. stock market lose nearly all their market capitalization 10 years after going public. Business and investing, after all, are based on probabilities. No one knows what the “tail event” will be. Therefore, to succeed, you need to try small, steady, many times with little impact, even if you fail. - Joseph’s “just my thoughts”
There is a study called “computational psychiatry”. This study will help patients suffering from depression or hallucinations by studying AI algorithms such as “reinforcement learning” among computer AI functions. Machines are examples of human treatment. Conversely, people wonder if AI-learning humans can be depressed like humans. The answer is “yes”. It is a fact that scientists consider it possible. People thought human emotion was something special. However, emotions can be replaced with symbol combinations promised as signals in the algorithm world. In other words, the emotion on the machine is “selection”. - Joseph’s “just my thoughts”