The power of A.I. can reach deeper than just recommending which show to binge on Netflix. It can also be used to analyze millions of images to predict things like income, political leanings, and buying habits. Steve Lohr, Technology and Economics Reporter at The New York Times, joined us to discuss artificial intelligence's full potential when it comes to predictive analytics.
Lohr's recent piece in The New York Times highlights a Stanford study that used 50 million images from Google Street View to give a glimpse of A.I.'s ability to gather data. He explains that researchers identified 22 million cars to draw conclusions about information such as which political candidate a particular zip code favored. The project took just 2 weeks to classify all the cars. In his piece, Lohr points out that without the help of AI, it would take human experts over 15 years to accomplish that task.
This type of data collection raises concerns over privacy and issues of data access. He says most of predictive analysis has been used for commercial purposes and selling products. The use of data becomes scary when it becomes integrated into decisions such as hiring, he says, because the mistakes become more costly.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Sergeant First Class Christopher Jones talked to Cheddar about how the U.S. Army eSports division, launched out of Fort Knox, Tennessee as a recruitment effort, is thriving amid the coronavirus pandemic.
The tech giant is shifting focus from creating envious workspaces to allowing many of its employees to work from the comforts of their own homes.
The business-to-business platform saw a 100 percent year-over-year increase in the number of transactions involving U.S. buyers or sellers, according to John Caplan, president of Alibaba.com in North America and Europe.
Notorious short-seller Carson Block and his equity research firm Muddy Waters has accused Chinese education company GSX TechEDU ($GSX) of fabricating student numbers through the use of bots.
Apple and Google on Wednesday released long-awaited smartphone technology to automatically notify people if they might have been exposed to the coronavirus.
Chris Soukup, CEO of Communication Service for the Deaf discussed with Cheddar the challenges facing the community with a lack of resources and much of the new normal stemming from stay-at-home orders.
Zipcar President Tracey Zhen talks about new features that fit into the current social-distancing world.
Director of the Rhode Island Labor Department, Scott Jensen discussed how Amazon's tech aided the state amid the widespread unemployment during the pandemic.
Chicago-based restaurant platform Tock has raised $10 million to help high-end restaurants offer services like “elevated carryout.”
