He's not so young anymore, and it feels like these two toddlers aren't either. If you haven't seen this yet, watch ... It's a fascinating and funny time-lapse.
By the way, Beauty and the Beast was pretty good. It's a faithful representation of the original cartoon, and a reminder that while children get older and technology changes, some things don't.
So, who were they? A 13-year-old who used a mix of guesswork and preferences, a 47-year-old English woman who used algorithms and data science (despite not knowing the game), and a 70-year-old bookie who had his finger on the pulse of the betting world.
Proof that different factors can lead us to believe we have control over something with odds at 1 in 9,223,372,036,854,775,808. For those who don't wanna do the math that's 9.2 quintillion.
That's not to say that different factors don't provide an edge. Knowing the history of the teams, their ranks, how they performed historically in the playoffs, all provide important information, to humans and machines that try to make the perfect bracket.
The way people fill out their brackets often mimics the way investors pick trades or allocate assets. Some use gut feel, some base their decisions on rank and past performance, and some use predictive models.
Just as an FYI, this March Madness, the last perfect bracket busted after just 40 games. This includes reporting on tens of millions of brackets from NCAA.com, Bleacher Report, CBS, ESPN, Fox Sports and Yahoo.
People aren't as good at prediction as they predict they are.
Is your password up there? Might want to change it.
I've started using phrases for my password. They're harder for computers to guess, but easier for you to remember. This comic by former NASA scientist, Randall Munroe sums it up:
Recently, we talked about billionaires and how they made their money. Today, I want to talk about companies that are valued at over $1 billion dollars.
In tech finance, a "Unicorn" is the moniker applied to private startups when they cross the supposedly mythical $1 Billion valuation level.
Well, fairy tales are coming true more often.
The number of Unicorns doubled in 2015 ... and not just in number – but in value as well.
It's mainly comedy, but there are some nuggets of truth hidden in there.
As for the Tony Robbins event, there is a lot of truth woven through lots of entertainment. And I'm always impressed by how masterfully he controls a room!
I've been to many Tony events in the past, but I get something new every time.
One of the ideas I liked was a concept he uses often ... Victory is near!
The night is always darkest before the dawn. The storm is roughest before the break. And even after the coldest, darkest, winter ... Spring appears.
If you're looking for a relatively short (but representational) glimpse at what Tony does – a good place to start is his TED talk on why we do the things that we do.
Some say change is the only constant ... Others remind of death and taxes.
In this video, Bill Gates says we should tax robots.
Are we about to treat robots as "electronic persons"? It isn't unprecedented ... we already treat certain business structures like people in tax and legal matters.
But, where does it stop?
If you tax robots ... what's the difference between a robot, an algorithm, a cotton gin, or printing press?
Taxing increased productivity could have happened at any time.
Are we ready to change the face of capitalism and society?
At the extreme, it raises a question, if production and efficiency can be raised without as many humans working, what will humans do?
This quickly leads to some far-fetched (but thought-provoking) ideas and conversations. For example, recently Elon Musk (and this presidential candidate) proposed a Universal Basic Income. The basic premise of this is that by giving people the minimum income necessary to survive, you free them up to do what they're passionate about.
March Madness: The Last Perfect Bracket Busted After Just 40 Games
March Madness is in full swing, and it feels like everyone (and their mom) has filled a bracket. But how do they do it?
More importantly, how do the people that are successful do it?
The video, below, highlights the "Bracket Busters" of 2015.
via FiveThirtyEight
So, who were they? A 13-year-old who used a mix of guesswork and preferences, a 47-year-old English woman who used algorithms and data science (despite not knowing the game), and a 70-year-old bookie who had his finger on the pulse of the betting world.
Proof that different factors can lead us to believe we have control over something with odds at 1 in 9,223,372,036,854,775,808. For those who don't wanna do the math that's 9.2 quintillion.
That's not to say that different factors don't provide an edge. Knowing the history of the teams, their ranks, how they performed historically in the playoffs, all provide important information, to humans and machines that try to make the perfect bracket.
The way people fill out their brackets often mimics the way investors pick trades or allocate assets. Some use gut feel, some base their decisions on rank and past performance, and some use predictive models.
Just as an FYI, this March Madness, the last perfect bracket busted after just 40 games. This includes reporting on tens of millions of brackets from NCAA.com, Bleacher Report, CBS, ESPN, Fox Sports and Yahoo.
People aren't as good at prediction as they predict they are.
Something to think about.
Posted at 01:02 AM in Current Affairs, Games, Ideas, Just for Fun, Market Commentary, Science, Sports, Trading, Web/Tech | Permalink | Comments (0)
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