Mind Matters News and Analysis on Natural and Artificial Intelligence

CategoryBusiness and Finance

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Friends talking to each

Facebook Gets Rich Off What We Tell Our Friends

Social media pioneer David Gelernter also has a proposal for sharing the wealth more fairly

Yale University computer science prof David Gelernter, “a leading figure in the third generation of artificial intelligence” (Edge.org). social networks pioneer, and Unabomber survivor, discusses his idea in a podcast at The Federalist Radio Hour.

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Popping water balloon / highspeed image
Popping water balloon / highspeed image

Fast Facts re the Google, Facebook Anti-Trust Probes

The 48-state pile-on comes just before an election year

The accusations by American states of a Big Social Media stranglehold on advertising come on the heels of the European Union fining Google $billions in recent years for anti-competitive activities.

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China Button

The Unadvertised Cost of Doing Business with China

It’s a big market, with one Big Player, and some strange rules
In China, censorship includes democracy, human rights, sex, George Orwell’s 1984, and Winnie-the-Pooh (because the stuffed literary bear has been compared by some Chinese bloggers to their President). Such censorship, say many, minimizes the value of the internet. Read More ›
Orange robots carrying pallets with goods in modern warehouse. Modern delivery center concept. 3D rendering image.
Orange robots carrying pallets with goods in modern warehouse. Modern delivery center concept. 3D rendering image.

They Say the New Delivery Service Is a Robot…

But of course there is a human (many, possibly) in the loop

Why do some PR agencies think it is so important that we forget the fellow human beings who help us, using robotic devices?

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Member of Romanian Parliament is voting by raising his hand

Will Government Intervention Solve High-Tech’s Problems?

At the COSM summit in October, a Wall Street Journal columnist will make the case for no

Andy Kessler, Inside View columnist at The Wall Street Journal “on technology and markets and where they intersect with culture,” is a skeptic of Big Regulation. He has seen the issues from a variety of positions, having been both a software designer and an investment broker.

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Photo by Brett Jordan
Book with fold-out, pop-up

Pop-Ups? Just Say “No” — and Close Those Tabs

Making the internet work for YOU means, among other things, getting control of who can follow you around

If allowing these notifications sounds like a perfect avenue for an attacker, that’s because it is. This attack surface is a very large hole in the security of your computer.

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Computers’ stupidity makes them dangerous

The real danger today is not that computers are smarter than us, but that we think computers are smarter than us
Many marketing decisions, medical diagnoses, and stock trades, loan and job applications, and election strategies are evaluated by computers. But, as my little experiment shows, the computer does not know whether a pattern is information or noise. Read More ›
Hype time concept

The Top Ten AI Hype Stories of 2018, Updated

You can segue to each in the podcast and read the accompanying Mind Matters News story, as well as key updates
2019 has seen some remarkable revelations about Google, DeepMind, Watson, Sophia, and other AI faves. Check them out here! Read More ›
Piggy Bank save money investment

Ken Fisher: Recession Is Not “Bound To” Happen

The COSM speaker also claims to dislike philanthropy but…
People will mainly remember Fisher's prediction if it doesn’t come true. If it does come true, they will be too busy spending their earnings to notice. The interesting part is, what underlies it. Read More ›
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Jay Richards Talks Business with Bill Walton

Richards's book, "Money, Greed, and God" is newly reissued in a 10th anniversary edition
Business studies prof and philosopher Jay Richards argues that we can;t separate economic and social issues. A vibrant market economy, vibrant economic growth requires a solid foundation in family, civil society, rule of law and religion. Read More ›
Superior Artificial Intelligence Wining Chess Concept

Confirmed: DeepMind’s Deepest Mind Is on Leave

The chess champ computer system just never made money
Co-founder Mustafa Suleyman is a philosopher and social justice activist who hoped to use the technology for fundamental transformations. But his AI ethics board lasted about seven days at Google. Read More ›
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What Others Are Saying About the New Google Insider’s Revelations

The documents' authenticity is not in dispute. What to do about them is another matter
Perhaps we cannot have a realistic discussion of the problems Google.gov creates unless we start with a willingness to pay for search engine services. That allows us to bargain as equals with respect to terms. Read More ›
Photo by Daniel Olah

Is Google a Cult? Or Does It Just Act That Way?

Project Veritas announces that a new rebel Googler has sent nearly 1000 documents on algorithm bias to the DOJ

While we prepare a news story on Zach Vorhies' revelations, it may be worth asking why one of the world’s largest companies has developed what appears to be the atmosphere of a political cult.

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A Silicon Valley Insider Asks the Awkward Questions

Billionaire venture capitalist Peter Thiel, speaking at COSM in October, has a history of challenging Valley orthodoxies

His question, “How can Google use the rhetoric of ‘borderless’ benefits to justify working with the country whose ‘Great Firewall’ has imposed a border on the internet itself?”, is timely. China’s government uses high tech for, among other things, sophisticated racial profiling.

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4er Golf flight

The Paradox of Luck and Skill

Why did Shane Lowry win the British Open golf championship? Because someone had to

In any competition including academic tests, athletic events, and company management where there is an element of luck that causes performances to be an imperfect measure of ability, there is an important difference between competitions among people with high ability and competitions among people of lesser ability.

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Why Was IBM Watson a Flop in Medicine?

Robert J. Marks and Gary S. Smith discuss how the AI couldn’t identify which information in the tsunami of medical literature actually MATTERED

Last year, the IBM Health Initiative laid off a number of people, seemingly due to market disillusionment with the product.

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Photo by Erik Mclean
Supreme money gun

Why Is DeepMind In Deep Water Financially?

Market analysts are wondering if the money is as smart as the machine

In an all-out botwar with the other tech Bigs, DeepMind could simply be paying top minds not to work for the competition while readying AI tools that pay better than winning at board games. Maybe.

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Self-driving Cars: Following the Money up a Cooling Trail

The market for lithium for electric car batteries is slowing

One way we can assess entrepreneurs’ claims (think Elon Musk) is to ask, what physical components does the product require and how is the market responding?

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Even Elon Musk Can’t Get a Robotaxi These Days

His recent earnings call makes clear that few think his promised million-taxi fleet is real-world
I get the feeling that even Musk's faithful followers are beginning to doubt the hype and are instead focusing on the core business aspects, the questions Musk dismissed last year as boring. Read More ›
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George Gilder talking with Peter Robinson at the Hoover Institution

George Gilder on the Real-Life Prospects — and Limits — of AI

Gilder, who is organizing the COSM conference in Bellevue, Washington, in October, clears the fog about “the cloud”

The “cloud” of cloud computing, that Gilder predicted, is things, not ideas. Thus it is subject to the limits of things, as opposed to the limits of ideas. It’s reasonable to ask where that limit is. It is probably both a question and an answer that we can understand.

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