They've operated only as high-loss businesses, and that's a difficult pivot to make, as a result, I think we'll see layoffs and down rounds. Some of these businesses will fold, others will be acquired.

Vasant Dhar

Vasant Dhar is a professor at the Stern School of Business and the Center for Data Science at New York University, former editor-in-chief of the journal Big Data. and the founder of SCT Capital, one of the first machine-learning-based hedge funds in New York City in the 90s. His research focuses on building scalable decision making systems from large sources of data using techniques and principles from the disciplines of artificial intelligence and machine learning.

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