Systems

Fooled by Fluency

Fooled by fluency

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.

Combating Coronavirus Misinformation

Combating COVID-19 Coronavirus Misinformation

Coronavirus stories are everywhere. Too many of these stories are wrong. Here are the relevant facts to inform our policy strategy

A Guide For Improving Procurement Performance

Bundle of Money saved by Procurement

Surprisingly few senior executives really understand the scope of procurement. Why is procurement still so under-leveraged, and what should be done about it?

Mathematics Is Beautiful

Mathematics Sunflower Lit by Immensity

Mathematics, rightly viewed, possesses not only truth, but supreme beauty

When Smart Can Be Really Dumb!

Not so smart Bing Search

Over the years websites have become really smart. With the use of cookies (the little trackers websites leave behind on your computer), they can track where you came from, how often you have visited, what topics you lingered on and a mind bending number of other facts.