Weekly Insights from Sol Berkoff
Principal at Charleston Capital, Inc.
In the most recent issue of The Atlantic there is an article by Henry Kissinger, Eric Schmidt, and Daniel Huttenlocher about artificial intelligence.
They describe how Google's AlphaZero was able to teach itself chess and within 24 hours become the best chess player in the world - beating both humans and computers.
What was interesting was many of the moves it used were counter-intuitive. It was being "Asymmetric on Purpose".
When looking at a small businesses' bank statements one gets an picture of their health. Personal credit information on the business owner can also be helpful.
But none of that data tells you if scaffolding was just put up in front of their building - potentially crippling that businesses' sales.
Using AI to discover revolutionary chess moves is great. At CCM, we look for originators that do more than just fund small business. We like our originators to have an edge.
We want our originators to avoid the scaffolding problem.