Mind Matters Reporting on Natural and Artificial Intelligence

TagMeaningless correlations

Big Data Technology for Business Finance Analytic Concept. Modern graphic interface shows massive information of business sale report, profit chart and stock market trends analysis on screen monitor.

Serious Investors Should Embrace the Stock Market Algos!

We can use computers’ inability to distinguish meaning from noise in data to our advantage

Computer algorithms are much, much better than humans at discovering statistical patterns but much, much worse than humans at discerning whether the patterns are meaningful. Wise investors can use the resulting blips to their advantage.

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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.

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