algorithm

“They're good at looking at lots of data. They're good at establishing and understanding base rates. So, for example, if you're thinking about an appropriate reference class for a particular decision, your technology will allow you to access that reference clas…”

“The stock market is largely a bunch of algorithms trading against each other. And in fact, what these algorithms are doing Whether or not they know it is modeling each other.”

“For example, there's this venture fund recently that announced that one of their directors is now going to be an algorithm. There's seven directors on the board, and one of them's an algorithm. So their algorithm doesn't decide anything all by itself, but it d…”

“There are going to be people who are riding the algorithms that will replace the people who are doing jobs. And so there's going to be a bifurcation, and I think that learning how to code is like learning how to read and write for the next generation”

“You have to be very, very careful about systems that are changing, you know, the fancy term for its non-stationarity. So the statistical properties and underlying systems change over time. And that's another concern I might have, and we see it a little bit of …”

“Artificial intelligence will tell you what to buy and how to buy it, and at what price. People who think they can beat the algorithms will make a lot more mistakes, so know when you should defer.”

“If you really want to improve the quality of decision making, use algorithms. I mean, whenever, wherever you can if you can replace judgments by rules and algorithms, they'll do better.”

“I think that people have sort of rushed ahead, and maybe not always thought very carefully about what happens when you build an algorithm, or when you build something based on data, and just expect humans to fit in around it. And I think that that actually has…”

“And the real danger of relying too much on algorithms to detect those cancerous cells is that if you are too good at detecting them, you're not just good at detecting the ones that then go on to be a problem. You're also going to be good at detecting the ones …”

“So I actually think that the advantage of the algorithm over the person is what you said, which is that once you get used to it, you know, even your friend, when you told him this fact, partly he must have, however nicely you said it, felt the sting of judgmen…”

“She was the first person to understand the general purpose computer could do and she writes the first algorithm, so in many ways she has the conceptual birth of the computer”

“If you really want to improve the quality of decision making, use algorithms. I mean, whenever, wherever you can if you can replace judgments by rules and algorithms, they'll do better. Now, there's big social costs to trusting, allowing algorithms to make dec…”

“If you really want to improve the quality of decision making, use algorithms. I mean, whenever, wherever you can if you can replace judgments by rules and algorithms, they'll do better.”

“Well, I don't think algorithms can help here. None of us know what's going to happen with the dread and wonderful word AI, but I don't think that, that predictive research Is certainly in the arena of content, worthless. It cannot tell you anything of real val…”