The car you drive may indicate type of voting district that you live in.
A group of Stanford scientists used Google Street View to show that, if your neighborhood is filled with sedans, you most likely live in a district that votes Democrat. But if your ride’s an extended-cab pickup truck, chances are you live in a Republican district.
Steve Lohr from The New York Times tells Cheddar exactly how the scientists figured that out. They analyzed 50 million Google Street View images, and location data that pulled vehicle information, including make and models.
“So you train on the subset, still on millions of these pictures, then you get the machine algorithms working on A.I.,” Lohr explains. “Then you link this to voting results in the past, income by neighborhood, and you link these to government and public database.”
The study reportedly helps in proving the concept that data can be extracted from visuals. The scientists also say that this method can supplement research conducted by the Census Bureau.
For full interview [click here](https://cheddar.com/videos/google-street-view-gives-a-glimpse-into-power-of-a-i).
Breaking down the good, the bad, and the new in business on Monday, June 13, 2022, with JP Morgan's bullish Apple take, EV startup Electric Last Mile Solutions planning to declare bankruptcy, and Amazon getting ready to roll out its new drone delivery service in California.
Tech apprenticeship platform Multiverse became a unicorn with a $1.7 billion valuation, after raising $220 million in a Series D round. As companies across the country face challenges in hiring and retaining tech talent, Multiverse says it's trying to offer a solution with a new way to train and hire workers that can serve as an alternative to college and corporate training. Sophie Ruddock, VP and GM North America of Multiverse, joins Cheddar News' Closing Bell to discuss.
Bitcoin's price has fallen below $24,000, its lowest level since December 2020. Matt Hougan, CIO at Bitwise Asset Management, joined Cheddar News to discuss the future of crypto amid the latest high-profile point of concern, the halting of withdrawals at Celsius Network. "Last month we saw Luna collapse. This month we're seeing Celsius possibly collapsing," he said. "So this stress test is finding weaknesses in the crypto ecosystem and it will continue until we get to a strong foundation from which crypto can recover."
An analyst at JP Morgan is predicting massive future growth for Apple in its music and gaming divisions — to the tune of more than $8 billion in revenue by 2025. Cheddar News anchors Kristen Scholer and Hena Doba discuss the glowing forecast for the tech giant.