Mind Matters Natural and Artificial Intelligence News and Analysis

Tagdraft picks

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baseball players hitting

Why Giving the Second Best Guy a Chance Is a Smart Move

Business prof Gary Smith explains…

Gary Smith, author of The AI Delusion, has some interesting advice for those who think that a star athlete wins only on performance: It doesn’t quite work that way: A study by two business school professors, Cade Massey and Richard Thaler, found that the chances that a drafted player will turn out to be better than the next player drafted in his position (for example, the first quarterback drafted compared to the second quarterback drafted) is only 52%, barely better than a coin flip.Yet, teams pay much more for early draft picks than for later picks. Even leaving salary aside, teams that trade down (for example giving up the first pick in the draft for the 14th and 15th pick)…

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the toss

Spot and Choose: Fair Play is Uniquely Human

How snake drafts, cake cuts, and queues exemplify human uniqueness

In the National Basketball Association All-Star exhibition game that was played yesterday, Team LeBron defeated Team Durant by a score of 170-150. The captains (LeBron James and Kevin Durant, both pictured) had taken turns choosing players for their teams. LeBron got the first pick (Giannis Antetokounmpo), Durant the second (Steph Curry), LeBron the third (Luka Doncic), and so on. The talent is so uniform among the top two dozen NBA players that there is no real advantage to choosing first or second: any given player is arguably as good or better than the player chosen before him. In addition, the game is just an exhibition intended to entertain the fans with spectacular offensive plays, while the defense mainly tries to…