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" ... Bias in AI mainly comes from the data that is used to train the models. Using data that is convenient and readily available rather than data that is highly job relevant is often where bias starts. For instance, many models are based on resume or job application data. This data is experience-based, which tends to be inherently biased and our research shows, not a great predictor of ultimate success. Other hiring, interviewing and assessment technology providers sometimes employ unethical and unfair solutions such as facial recognition, which has been shown to discriminate against minorities and those with disabilities. ... "
" ... One primary predictor of a bottle’s secondary market value is determined through auctions, something Jamie Ritchie, Worldwide Head at Sotheby’s Wine in the U.S., knows something about. Ritchie has been growing the fine wine business at the famous auction house since joining in 1990. And while there have always been spirit collections like scotch or cognac kicking around, Ritchie notes that only in recent years has the popularity of these attracted the attention of major auction houses. Sotheby's has been almost exclusively engaged in wine auctions since forming in 1970. Of course, they’ve handled the occasional rare scotch or cognac, but that was never a major focus of their business. It was 2015 when Ritchie noticed a rather sudden spike in whisky collections going to auction in 2015. The following year the category grew to a full one percent of Sotheby’s alcohol auctions, and by 2017, sales jumped to six percent, then doubled the following year again. In 2020, spirits represent 18-19 percent of the portfolio. Sotheby's has found success in maximizing the value of these collections, which is good for all collectors. ... "
" ... This would be better, as a key predictor for whether rehab is successful is whether the individual undergoing treatment wants to be there. ... "
" ... Why start with the global stock markets as a baseline predictor of the 1-to-6-month future? Why not U.S. stock market? A few reasons. One is size – the market capitalization of global stocks is around $60 trillion as of March 27 (Allow me to use round numbers, since they will change daily anyway); the U.S. stock market is around $23 trillion. The second reason pertains to the COVID-19 crisis; it is a global crisis, first spotted in China, then larger Asia, then Iran and Europe. Now it is surging in America. The global stock markets respond daily to both awful and promising news about COVID-19, and that includes both good and bad policy responses. China’s stock markets Shanghai (-10%), Shenzhen (-6%) and Hong Kong (-19%) are down by comparatively modest percentages this year, reflecting China’s first-to-suffer, first-to-recover status. ... "
" ... “We feel like we don’t have enough time to do everything we want to do, and that makes us feel like we’re unable to cope with the demands in our everyday life,” says Harvard Business School Assistant Professor Ashley V. Whillans, who studies how people navigate trade-offs between time and money. “We know that buying into positive experiences — like the movies — is a good predictor of daily happiness. This is one of the first studies to look at buying our way out of the negative moments in the day as another key to happiness.” ... "