For a set of possible scenarios where every possible scenario either which has happened or thought of is created, solutions can be made with the help of a code, as this is absolute quantification, only numbers are changed. But when each claim is different, something like in an insurance sector, where the applicant can come up with his personal agenda which cannot be thought of and which is made just because it is his legal right and he has a chance of winning, a prior coded model does not work. Randomness cannot be modeled.
Also, tech in itself is wonderful but the creators of that tech may not possess the necessary knowledge to value it, so the behemoths of IT with their cash flows and reserves always have the chance to buy out such tech, along with their in-house R&D.
So I guess as the sector grows, so does the established companies, unless they make grave miscalculations in assessing something, which make them become small.
Not from IT, have a position in HCL.
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