Mind Matters News and Analysis on Natural and Artificial Intelligence

CategoryBusiness and Finance

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The Surprising Importance of a Stock’s Name

Business media have picked up on Gary Smith’s research on the importance of stock ticker names, like WOOF or BABY

The fabled Economist also chimed in, sniffing that Smith’s team’s result was “too farfetched for a sitcom”… but didn’t dispute it.

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Love Math and Computers? Whoops! Love Can Be Blind

The Great Recession shows why we can’t afford to take computers' output at face value

Professors at prestigious business schools and financial engineers with advanced degrees built mathematical models to assess the risks, but their models were deeply flawed.

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Can Accountants Survive an AI World?

Accountants, yes. Green eyeshades and masses of paper, mmm, not so much

AI in accounting means that businesses need accountants who can interpret the meaning of the blizzard of numbers more than ever. The successful accountant will increasingly have higher education and show a broad understanding of the business area and environment.

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US vs. China: Trade Wars Kill Businesses Rather Than People

That’s why we don’t hear so many songs about them

Trade wars are important even if they often sound boring compared with other news. One panel at COSM will examine the underlying issues in the ongoing trade spats between the United States and China.

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3G? 4G? 5G? What Gs Are These?

An expert COSM panel will fill us in on what the latest Generation of the internet (5G) and block chain offer us

The panelists include Jules Urbach, creator of the web’s first 3D video game platform, described by George Gilder as “the most inventive software engineer he has ever met.”

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Cash For Your Data Won’t Solve Big Tech Privacy Issues

It seems like such a great idea… at first. But how do you know what the data is really worth?

Privacy is a fundamental right tied to the person, rather than something on which a price tag can be placed, which can be sold for a fistful of dollars.

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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
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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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White polymer clay sheep gather around an electronic circuit on a blue background

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.

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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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