"Years after Simons's team at Renaissance adopted machine-learning techniques, other quants have begun to embrace these methods. Renaissance anticipated a transformation in decision-making that's sweeping almost every business and walk of life. More companies and individuals are accepting and embracing models that continuously learn from their successes and failures. As investor Matthew Granade has noted, Amazon, Tencent, Netflix, and others that rely on dynamic, ever-changing models are emerging dominant. The more data that's fed to the machines, the smarter they're supposed to become."