Tag: data
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An Automation Tipping Point
From The Economist Cover story on automation: For the first time, the pot of passive equity assets it measures (meaning machine traded index funds) exceeds that run by humans. This raises the prospect of computers taking over expert investors’ final task: Automating the strategy and planning of investment strategies. If that happens, that would lead…
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Getty: Betting On Image Insights
Getty Images, one the world’s largest providers of commercial photography, is placing bets on behavioral data in addition to image licensing. According to BusinessWeek, the move might be more about straightforward economics than visionary thinking. “The number of photographs in circulation climbs toward infinity, and the price that each one fetches falls toward zero. As a…