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Statistics of random processes

Explore Statistics of random processes by Robert Shevilevich Lipt︠s︡er: 2 Hacker News mentions from 2 participants in 2007-02-22–2026-11-01. Read original excerpts, compare opinions and save this book.

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Statistics of random processes
Robert Shevilevich Lipt︠s︡er
Science & Mathematics

Statistics of random processes

2 mentions · 2 participants · 1 recommenders

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Ggraycat
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HHilbertSpace
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…got some answers. Broadly usually the 'big bucks' are in things that are new at least in some important sense. To find such things, one recommended approach is to stand "on the shoulders of giants". Then you may still do some original work, but you have one heck of a base. My view is that Moore's law, the Internet, etc. are not nearly fully exploited, that enormous value remains, and the best way to get some of this value is to find a big unsolved problem where a good solution will be very valuable, stand on the shoulders of some giants, do some original work to get some powerful 'secret sauce' for solving the problem (which appears not to be easy to solve otherwise), start a business, please customers, get revenue, grow the business and sell it. Here, however, just what problem, giants, original work, secret sauce are NOT easy to see. Br…

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