Back in the 1960s, Joseph Weizenbaum of the MIT Artificial Intelligence Laboratory created one of the first chatbots, which he named ELIZA. Weizenbaum modeled its conversational style after Carl Rogers, a psychotherapist who was known for parroting patients’ responses back at them. His hypothesis was that while chatbots could emulate human conversation superficially, they could […]
Technological advancement makes people uncomfortable, and artificial intelligence (AI) is no exception. It’s going to uncover things we don’t like, things we cannot explain, and things that truly impact mankind – maybe even all at the same time. How it can possibly add so much value may remain a mystery at times. For us to […]
A typical novice investor is someone who Googles “best stocks to invest in under $5.” It’s not because they’re asking Google where to invest their hard-earned money, it’s that they’re associating the price of a stock with the size of a company. That’s not how investing works. Tesla at $700 a share is not more […]
Last year, investors rode some record highs. The market charged upward, despite The Rona. More investors spazzed out on SPACs, to the tune of nearly 250 IPOs that raised about $80 billion. That’s about as much funding ($80.6 billion) that was funneled into global healthcare startups in 2020. That’s a new record, according to the […]
The ability for marketers to gauge intent these days is spooky. Performing a simple Google search for “hotels in Angeles City” while sitting in a cafe in Manila will suddenly surface “cheapest transport from Manila to Angeles City” ads in your Facebook stream. It knows you’ll need cheap transport to get there so you can […]
So much in medical science is yet unknown. For example, if you think your brain is what makes you “you,” think again. A documentary called Transplanting Memories proposes some controversial theories about how it’s not just the brain paying attention. While the prevalence is small at 5%, there are a number of interesting cases where […]
Having been investors in Google since their IPO, we became concerned when the company started dipping its toes in politics. When they started hiring “adventure cartoonists” to explain technical concepts, we sensed things were going downhill. Today, the company’s CEO spends his time fighting all the fires being created by the incompetent imbeciles he now […]
If you had to pick the one technology under the broad umbrella of artificial intelligence that has had the most impact on business and society today, it’s probably computer vision. It’s certainly the most mature, with the earliest research dating back to the days when Elvis first became a hip-swaying phenomenon. The original machine vision […]
The difference between confidence and arrogance is whether or not you can walk the walk. Confidence is a highly desirable quality for managers because it’s married to another prized quality – decisiveness. And as a leader, you won’t be very persuasive unless you make decisions with conviction. In the world of investing, we say people […]
About four years ago, we first came across the concept of robotic process automation (RPA), which originally sounded to us like some marketing hack had repackaged software automation around the hype in artificial intelligence. A couple of years later, the RPA market suddenly exploded. Gartner estimated revenue grew by 63.1% in 2018 to $846 million, […]