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.
As COVID-19 rocked the world and the U.S. markets, the bitcoin price trended right alongside them, appearing more like a risk asset than the safe-haven asset so many crypto enthusiasts hope it can be.
Electric vehicles are easier to build, cheaper to maintain, and can bestow a green-tinted halo on automakers and drivers alike – but they have a significant Achilles heel: their batteries.
Tagomi, a New York-based crypto brokerage, has joined the Libra Association, the Facebook-backed digital currency project.
Stocks rose in early trading on Wall Street following a seven-day rout brought on by worries that the spreading coronavirus outbreak will stunt the global economy.
Lisa Seacat DeLuca holds 500 patents working in artificial intelligence, blockchain, cloud computing, and the Internet of Things.
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.
Rapper Offset talked to Cheddar about providing opportunities and building community through his partnership with esport organization FaZe Clan.
The weeklong rout in markets is being driven by fears that the spreading coronavirus will derail the global economy.
Union Square Hospitality Group CEO Danny Meyer discusses the changing landscape of restaurants due to rapidly changing technology.
The airline has filed patent and trademark applications for its "Economy Skynest" concept, which would modify the economy cabin in planes to include six full-length sleeping pods.
