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The rise of the financial machines

The job of capital markets is to process information so that savings flow to the best projects and firms. That makes high finance sound simple; in reality it is dynamic and intoxicating. It reflects a changing world. Today’s markets, for instance, are grappling with a trade war and low interest rates. But it also reflects […]

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This clever AI hid data from its creators to cheat at its appointed task

Depending on how paranoid you are, this research from Stanford and Google will be either terrifying or fascinating. A machine learning agent intended to transform aerial images into street maps and back was found to be cheating by hiding information it would need later in “a nearly imperceptible, high-frequency signal.” Clever girl! This occurrence reveals […]

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Big data billionaire waging war on mainstream media

Carole Cadwalladr wrote this article on Robert Mercer, who funds a large propaganda network, for The Guardian newspaper. This is her story. Just over a week ago, Donald Trump gathered members of the world’s press before him and told them they were liars. “The press, honestly, is out of control,” he said. “The public doesn’t […]