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Beware of Geeks Bearing Formulas—It’s Often Pseudoscience

Pseudoscience based on data without theory and theory without data undermine the credibility of real science, which is the key to human progress

Elsewhere I have warned of the perils of making decisions based on data without theory. For example, the patterns discovered by data-mining computer algorithms are often nothing more than meaningless coincidences. It is also perilous to go to the opposite extreme—to make decisions based on theory without data. Once upon a time, for example, economists were fond of sketching labor demand and supply curves and assuming that the economy was at their intersection. That is, labor demand is equal to supply, so that everyone who wants to work is working. The unemployed have chosen to be unemployed because they value leisure more than income. True believers were fond of this theory and little troubled by reality. Between 1929 and 1933,…

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Your smartphone will disappear, says AT&T CTO

New 5G computing will introduce an era of ever smarter wearable devices, according to Andre Fuetsch

Fuetsch asks us to think of 3G (2001) and 4G (2010) internet as the difference between a junior high school rock band and a high school rock band: “The high school band is a lot louder and a lot faster.” And 5G? “It is a 40-piece orchestra. A wide spectrum of abilities but tight structure and control.”

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You Think You Have Nothing To Hide?

Then why are Big Tech moguls making billions from what you and others tell them?

The bottom line is this: if you think you don’t have anything to hide, then you don’t understand how the modern data economy really works, nor the impact of being caught in a riptide of public opinion.

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Gary Smith: The AI Delusion

“When I Nod My Head, Hit It!” And Other Commands that Confuse AI.

Pablo Picasso said “Computers Are Useless. They Can Only Give You Answers.”  Picasso didn’t go far enough. The answers that computers give must themselves be questioned. This is especially true of AI. Questioning AI is the topic today on Mind Matters. Show Notes 01:27 | Introduction to Gary Smith 02:40 | The AI Delusion 04:50 | Stocks and Data 07:00…