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There is huge demand for artificial intelligence technologies.

Yuri Milner

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Yuri Milner
Age: 63
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Demand
Huge
Technology
Technologies
Artificial
Intelligence

More quotes by Yuri Milner

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I don’t think there’s any company that has reached $1 billion in revenue as fast as Xiaomi. In every conceivable benchmark, it’s almost unprecedented in terms of its speed of growth.
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Facebook didn't know how successful Zynga would be.
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Science is one of a handful of things that defines us as a very special species. It is amazing how far we have been able to get and how accurate our predictions are. I think understanding how the universe was born is very important. It really gives us a perspective on many things.
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It’s not about revenues: the fundamental economics in digital business is scale and margins. The top line has become the bottom line.
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Russia is one of the places where significant presence of social networks are driven by domestic players right now.
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Facebook now is mostly about people you know. In the future it could be about people you know less but are more important.
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Social is a better way to interact with digital world. It is better than search. Implications for... everything. Total change.
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Facebook is a platform inside a platform.
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I have invested in four social networks. More than any other. But that's in Russia and Poland.
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The problem is that modern fundamental physics is so far from you and me. The mathematics has become so much more complicated that you need at least 10 years to understand it. Fundamental physics has advanced so far from the understanding of most people that there is really a big disconnect.
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You have to travel globally today to know what's going on and maintain an edge.
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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
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The polling of Internet users shows that friends recommendations are the most reliable driver behind purchasing decisions. Right now that market is largely untapped. Facebook and other social networks can allow that to happen.
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There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
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I have this ratio that if you divide age of entrepreneur by market cap of company. For Facebook it's one. Every year of his life Zuckerberg has been making $1 billion for investors.
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Big Internet companies on average are capable of generating revenue of $1 million per employee, and that compares to 10 to 20 percent of that which is normally generated by traditional offline businesses of comparable size.
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There is coming an era for people with a mathematical state of mind
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Google never knew how successful key words would be.
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The company that creates one global social graph will be very important going forward. It will be Facebook, with maybe 2-3 local social networks able to sustain competition long term.
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The largest newspaper in the United States is only reaching 1 percent of population. We are kind of assuming that 'Wall Street Journal,' 'USA Today,' and other newspapers are very important. Yes, they're extremely important, but only to 1 percent of the population on a daily basis.
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