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.
Cheddar spoke to Twitter's head of global operations and emerging businesses Yannis Dosios after the social media platform shared strong earnings with the number of monetizable daily active users going up.
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.
The Department of Justice has required that Sprint divest its prepaid division to Dish in a move worth about $1.4 billion. Sprint and T-Mobile must also make 200,000 cell sites available to that provider as well.
Digital health company Livongo had a successful public debut Thursday on the Nasdaq. It's the latest in a wave of digital health companies entering the public markets. Hemant Taneja, managing director at General Catalyst, joins Cheddar to discuss.
Shares of CannTrust surged 15 percent on Friday after the Canadian cannabis company announced it terminated CEO Peter Aceto in the midst of regulatory drama that has plundered the company's stock value. Jefferies' analyst Ryan Tomkins predicted the management shuffle in a Wednesday note, which called management's positions "untenable."
These are the headlines you Need 2 Know for Friday, July 26, 2019.
E-commerce giant Amazon reported earnings per share of $5.22 on revenue of $63.4 billion. Analysts surveyed by Thomson Reuters had expected EPS of $5.57 on revenue of $62.48 billion.
Smart glass, which comes with its own IP address, is being installed in office buildings around the country. Rao Mulpuri, CEO of View, which makes smart glass, joined Cheddar to discuss how his company’s windows can actually improve worker productivity.
Amid ongoing resistance from employees about Microsoft’s contracts with the U.S. military, CEO Satya Nadella issued a broad defense this week of the company’s work with the U.S government and said America’s democratic process serves as a key check on the deployment of new technology.
These are the headlines you Need 2 Know for Thursday, July 25, 2019.
