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There is huge demand for artificial intelligence technologies.

Yuri Milner

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Yuri Milner
Age: 62
Born: 1961
Born: November 11
Entrepreneur
Physicist
Moscow
Russian SFSR
Yuri Borisovich Milner
Yuri Bentsionovich Milner
Huge
Technology
Technologies
Artificial
Intelligence
Demand

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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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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I must analyze, from what I do now, what will be the impact two or three or five years in the future. What is the statement I want to make?
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Facebook is a platform inside a platform.
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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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I think top scientists need to be compensated at a different scale in society. Somebody with experience will tell you that true scientists are not motivated by money - they are motivated by the quest itself. That is true. But I think an additional recognition will not hurt.
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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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Facebook can be an accumulation of different intelligences. Ask a question, translated into many languages and somebody, somewhere in the world, will have an answer.
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Fundamental physics is like an art more or less. It's completely non-practical, and you can't use it for anything. But it's about the universe and how the world came into being. It's very remote from your daily life and mine, and yet it defines us as human beings.
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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.
Yuri Milner
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I have invested in four social networks. More than any other. But that's in Russia and Poland.
Yuri Milner
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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.
Yuri Milner
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There is coming an era for people with a mathematical state of mind
Yuri Milner
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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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It’s not how much something’s worth today, it’s what it’s worth in five or 10 years.
Yuri Milner
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You can transmit a thousand times more information.
Yuri Milner
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I am not an oligarch. I am a servant and I try to align my interests and those of my investors.
Yuri Milner
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Google never knew how successful key words would be.
Yuri Milner
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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.
Yuri Milner
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Facebook didn't know how successful Zynga would be.
Yuri Milner