One search turned up more than a dozen people visiting the Playboy Mansion, some overnight. Without much effort we spotted visitors to the estates of Johnny Depp, Tiger Woods and Arnold Schwarzenegger, connecting the devices’ owners to the residences indefinitely.
If you lived in one of the cities the dataset covers and use apps that share your location — anything from weather apps to local news apps to coupon savers — you could be in there, too.
If you could see the full trove, you might never use your phone the same way again.
Probability has been the mathematical language of uncertainty for over 300 years and has shown its usefulness in wide-ranging contexts from gambling to meteorology, economics, and political science. Used properly, it can help us learn from observation and construct better forecasts of what’s to come. But such forecasts are always subject to possibly flawed model assumptions. There will always be room for improvement. As the Danish aphorism goes: “It is difficult to make predictions, especially about the future.” What recent experience has taught us is that the alternative—listening to paid spokespeople and pundits, often biased toward conflict, prone to spin tales about momentum and upsets—is worse.
Because CAPTCHA is such an elegant tool for training AI, any given test could only ever be temporary, something its inventors acknowledged at the outset. With all those researchers, scammers, and ordinary humans solving billions of puzzles just at the threshold of what AI can do, at some point the machines were going to pass us by. In 2014, Google pitted one of its machine learning algorithms against humans in solving the most distorted text CAPTCHAs: the computer got the test right 99.8 percent of the time, while the humans got a mere 33 percent.
This intersection between our experience and fractals may run even deeper than Taylor’s evolutionary hypothesis. “Any act of creativity is an act of physiology,” Goldberger says. “The extent that we are fractalized in our essence makes you think that maybe we would project that onto the world and see it back, recognize it as familiar. So when we look at and create art, and when we decide what to take as high art, are we in fact possibly looking back into ourselves? Is creation in part a re-creation?” “It wouldn’t come as a shock to me if consciousness is fractal,” Taylor says. “But I have no idea how that will manifest itself.”
On financial innovations — read derivatives and securitizations — and the need for more collaboration :
People respond to incentives, and so if we want to take on much bigger challenges, we need to collaborate across thousands and in some cases hundreds of thousands of people. How do you get 100,000 people to work together? It’s not that easy. In the old days, it was religion and before that it was simple fiat rules, tyranny. The Egyptians built some beautiful pyramids, but they did that with hundreds of thousands of slaves over decades. If we rule out slavery as a possible means of societal advances, there really isn’t any other choice. If we need 100,000 people to cure cancer, to deal with Alzheimer’s, to figure out fusion energy and climate change…I don’t know of any other way to do that other than financial markets: equity, debt, proper financing and proper payout of returns. I think that in many cases [finance] probably is the gating factor. That, to me, is the short answer to the question about why finance is so important.