“In this paper, we show that an accurate prediction about such an extreme event, e.g., a big hit, may in fact be an indication of poor rather than good forecasting ability.” Paper: https://
papers.ssrn.com/sol3/papers.cf
m?abstract_id=1621800
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MARKET TRENDS
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Extreme Event Prediction Paradox in Forecasting Accuracy
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Lucky predictions aren’t prophet-like expertise in data analysis
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Everyone should know that the people (whether entrepreneurs or pundits) who correctly predict an extreme event that no one else expected are not prophets. In fact, they are often the WORST at predictions. Rather then being wise, they are often bad at data analysis but got lucky.
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Large Organizations Double Their AI Projects
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Automation: a Gartner study reveals that large organizations intend to double the number of their AI projects in place https://actuia.com/actualite/automatisation-une-etude-de-gartner-revele-que-les-grandes-organisations-ont-lintention-de-doubler-le-nombre-de-leurs-projets-dia-en-place/
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France lithium independence critical minerals supply chain
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4 pays du monde contrôlent 95% de la production mondiale de Lithium, nous mettant dans une situation de dépendance inquiétante. Si le sous-sol français abrite des gisements potentiels, alors nous avons le devoir de les exploiter.
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Rats Display Human Investment Biases in Capitalism Study
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We finally have taught rats capitalism! And, fascinating, they behave a lot like humans in the stock market, displaying human investment biases including doubling down on losses & a tendency to avoid quickly realizing losses while rapidly realizing gains. https://
psycnet.apa.org/record/2021-15
335-002
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Decentralized AI Systems: Cost Considerations and Trade-offs
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A decentralized system will always be more expensive than a centralized one – that's why stuff always seems to naturally centralize over time So I'm ready for it to cost a bit more – my Q is if it will cost an /unreasonable/ amount more At least it's not crypto proof of work!
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Figma, Adobe Acquisition, WebGL, and AI Discussion
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Just a really good, fiesty Decoder conversation with @zoink about Figma, deciding to sell to Adobe, webGL, AI, and more. So so much more. We really got into it in this one, it's one of my faves. https://
theverge.com/2022/11/8/2344
5821/figma-adobe-acquisition-design-vr-ai-meta
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AI-Driven Performance Marketing Strategy by Mindshare
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Learn how @mindshare
, a global media agency network, drives AI-driven performance marketing for their clients in a new guest blog post by Ikechi Okoronkwo, Executive Director and Head of Business Intelligence & Advanced Analytics. -
DigitalOcean Reports Small Businesses Demonstrate Strong Resilience
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DigitalOcean says small businesses are ‘resilient’ https://
thetechnologyletter.com/the-posts/digi
talocean-says-small-businesses-are-resilient
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Twitter Engineer Warns Platform Breaking Under Feature Strain
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Folks may be tired of talking about the potential decline of Twitter, but this piece by a Twitter engineer on how the site might start breaking under the strain of new features & not enough people, is good Also, a useful perspective on how software decays https://
technologyreview.com/2022/11/08/106
2886/heres-how-a-twitter-engineer-says-it-will-break-in-the-coming-weeks/
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