I'm curious - how do you know it's used for most industries? I'm sure there are lots of industries that use ML, and lots that don't. Is there a report on this somewhere? I just get a lot of worthless hype articles when I google it.
FAANG isn't "most industries" by any stretch. This ignores healthcare, automotive, pharmaceutical, agricultural, and so many more industries.
All you've done is point out that there are a lot of ML papers coming from tech companies. Nobody is disputing that. Why do you assume this generalizes to most industries?
Go to Google Scholar, type your favorite company and "deep learning". If you find no paper from that company, chances are high their stock price is not beating S&P 500 over the last 5 years.
Also, top S&P 500 companies by market cap are "AAPL","MSFT","GOOG","AMZN","FB","BABA".
This is a No True Scotsman argument. Who said anything about beating the S&P 500? I said most industries, and every comment you are redefining what that means.
"1) I ask why this applies to most industries
2) You point out it applies to FAANG"
That is a lie because I said "often" in "You see that from papers published at top ML conferences. Top contributors are often from FAANG. Some papers are clearly applications." without saying that FAANG = most industries. Instead, I said you can see that from these conferences. Thus, you made it up.
"4) You say most industries must only include those better than the S&P 500"
That is a lie. I didn't say that. I said "If you find no paper from that company, chances are high their stock price is not beating S&P 500 over the last 5 years." I only mentioned a correlation and said nothing about your "most industries".
You misinterpret the text. Fortunately, the text is written so it was easy to prove you are liar, boy.
