Thursday, March 31, 2016

As Silicon Valley fights for talent, universities struggle to hold on to their stars

http://www.economist.com/news/business/21695908-silicon-valley-fights-talent-universities-struggle-hold-their


THAT a computer program can repeatedly beat the world champion at Go, a complex board game, is a coup for the fast-moving field of artificial intelligence (AI). Another high-stakes game, however, is taking place behind the scenes, as firms compete to hire the smartest AI experts. Technology giants, including Google, Facebook, Microsoft and Baidu, are racing to expand their AI activities. Last year they spent some $8.5 billion on research, deals and hiring, says Quid, a data firm. That was four times more than in 2010.