I've also seen that talk. In many cases I think the advantages which may be had from deep learning are likely to be marginal - a few percent improvement over the next best algorithm. Multi-layer neural nets already existed for a couple of decades, and deep learning is really just a refinement on that, making the training process faster and more robust to overfitting.
Re:Deep Learning Business Models
by bluishgreen on Sunday June 01, 2014 @04:41PM
(#7830568)
Do you know of any other system that gets ~14% error rate on the IMAGENET dataset? The next best system as recent as 2012 was doing ~26% error. That is a pretty big gap, especially considering IMAGENET is a million image data set. (btw did not see the talk)
Do you feel that talk is overly optimistic/misleading? Or just that you don't think there's that much money to be made with it?
[1] https://www.youtube.com/watch?v=vShMxxqtDDs