The Wall Street Journal spent fourteen years testing stock pickers against darts, and fifty years of fund scoreboards say the professionals rarely beat the plain index after costs. The same belief is reassembling around AI: predictive language models read as insight engines, with no scoreboard at all. Same error, new tape. Here is the test that would settle it, and the reason its result will not.
College is a bet, and most families are never shown the odds. Count the dropouts and the underemployed, and about two in five tickets win.
Every day, millions face important choices. They see what appears to be equal options. They rely on intuition. Here’s why we keep picking the wrong door
Much of what we feel about policy choices is shaped by what others tell us about the likely impact of those decisions. Sadly, many will choose unwisely against their own interests due to financial illiteracy, misinformation, or both.
Benchmarking Coronavirus Management results can give us some keen insights on what needs to be changed, even if we are not at the end of the pandemic
Stunning examples of world-class media organizations using facts to mislead us. Find out the truth about how media is misleading with facts