"Despite warnings from the likes of Elon Musk and Stephen Hawking (and of course, Sarah Connor), Ray Dalio's $165 billion AUM hedge fund Bridgewater will start a new, artificial-intelligence unit next month. Despite the "new normal"'s total reversal of any and every historical rational trading pattern, the unit will attempt to create trading algorithms that make predictions based on historical data and statistical probabilities, as "machine learning is the new wave of investing for the next 20 years and the smart players are focusing on it.""
- Sean McBride
"Ray Dalio’s $165 billion Bridgewater Associates will start a new, artificial-intelligence unit next month with about half a dozen people, according to a person with knowledge of the matter. The team will report to David Ferrucci, who joined Bridgewater at the end of 2012 after leading the International Business Machines Corp. engineers that developed Watson, the computer that beat human players on the television quiz show “Jeopardy!”"
- Sean McBride
"The unit will create trading algorithms that make predictions based on historical data and statistical probabilities, said the person, who asked not to be identified because the information is private. The programs will learn as markets change and adapt to new information, as opposed to those that follow static instructions. A spokeswoman for Westport, Connecticut-based Bridgewater declined to comment on the team."
- Sean McBride
"The unusually cold and snowy winter in southern New England has broken records and resulted in many indellible images, from collapsed roofs to massive snow farms and a frozen Hudson River in New York. Now, a new iconic image of the winter of 2014-15 can be added to the mix: slush waves."
- Sean McBride
"Some people live in the past; poets often live in the future perfect, imagining their current actions from the point of view of future recollection."
- Sean McBride
"‘Agent’ hailed as first step towards true AI as it gets adept at playing 49 retro computer games and comes up with its own winning strategies"
- Sean McBride
Automated methods for spotting the most important new stories on any topic are beginning the match the quality of human editors and domain experts. Before long, they will probably exceed the ability of the best human experts.
- Sean McBride
Automated methods already combine the best judgment of human editors by using expert crowdsourcing. These developments are mindblowing, if you get them.
- Sean McBride
No single human being, no matter how smart and knowledgeable, can begin to keep up with the cognitive operations of Nuzzel. http://nuzzel.com/
- Sean McBride
"Artificial intelligence is about to take off in a big way.
According to a new report by Goldman Sachs, AI is defined as "any intelligence exhibited by machines or software." That can mean machines that learn and improve their operations over time, or that make sense of huge amounts of disparate data.
Though it's been almost 60 years since we first heard of the term AI, Goldman believes that we are "on the cusp of a period of more rapid growth in its use and applications.""
- Sean McBride
"The reasons? Cheaper sensors leading to a flood of new data, and rapid improvements in technology that allows computers to understand so-called "unstructured" data — like conversations and pictures."
- Sean McBride
Once again, I am struck by how much more valuable information I am able to browse and absorb on a single Friendfeed page compared to a single blog, Twitter, Facebook or Google+ page. No competition.
- Sean McBride
If you know of a superior platform for group communications, please share.
- Sean McBride
I think Friendfeed is superior in both content and interface design, although the population is vanishingly small.
- پیکولو
One wonders why so many people found the interface difficult to master.
- Sean McBride