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Software vs. Data as a Service Companies and Automation in Various Industries
The chapter delves into the preference for software as a service companies over data as a service companies, the importance of proprietary data in training software, and the evolving landscape of data as a service businesses. It discusses the strengths of data service businesses, potential markets for investment in software or data companies, and the advancements in automation in industries like the car industry. The chapter also explores challenges in selling software and data to hedge funds, the potential for quick results in the hedge fund space, and the advantages of hedge funds' cycle-independence.