The new reporter on the US media scene takes no coffee breaks, churns out articles at lightning speed, and has no pension plan.
That’s because the reporter is not a person, but a computer algorithm, honed to translate raw data such as corporate earnings reports and previews or sports statistics into readable prose.
Algorithms are producing a growing number of articles for newspapers and websites, such as this one produced by Narrative [...]
by Linette Lopez
We know this from driving cars — human beings can only react so fast.
This fact also applies, obviously, to driving the market. Human beings can still only move so fast, but the financial industry is calling for vehicles that move faster and faster. A group of professors and researchers got together to think out exactly what that means.
Their findings were published in a paper called ‘Financial black swans driven [...]
NEW YORK (Commodity Online): Gold and Silver prices could shoot up on escalating US and Euro zone problems and the upside could knock your socks off, says John Embry of Sprott Asset Management. He expects gold to be reintroduced into the currency system
“I have seen some wild estimates, $5000 to $10000 in gold. I am not going to say that but it wouldn’t surprise me” says Embry, the man who correctly [...]
(Reuters) – Can a computer tell when it hurts? It can if you train it, U.S. researchers said on Tuesday.
A team at Stanford University in California used computer learning software to sort through data generated by brain scans and detect when people were in pain.
“The question we were trying to answer was can we use neuroimaging to objectively detect whether a person is in a state [...]