Combining AI and DeFi to underwrite Web3 risks, with RociFi Co-Founder Chris Brookins
The Fintech Blueprint
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Using Machine Learning to Drive the Growth of a New Product?
Ai: People forget that debt is for taking risk, but ther're different types of risk. Those can be operating which take on the risk of growing a product and takethe risk of it growing. And then there are risks that are financial, that have this character of buying back equity or getting higher returns. So i think it was best said by joseph shampeter, like dubbing debt as creative allowing the creative destruction of anchpinor ship. But i do think it's important to just flag that the court purpose of lending is to take on that risk, which actually leads to entripinership and creative activity.
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