TED Talk: The Era of Blind Faith in Big Data Must End

Cathy O’Neil · Mathematician, Data Scientist
mathbabe.org @mathbabedotorg
Data skeptic Cathy O’Neil uncovers the dark secrets of big data, showing how our “Objective” algorithms could in fact reinforce human bias.

Algorithms decide who gets a loan, who gets a job interview, who gets insurance and much more — but they don’t automatically make things fair. Mathematician and data scientist Cathy O’Neil coined a term for algorithms that are secret, important and harmful: “Weapons of Math Destruction.”

Take in this officicial TED Talk and learn more about the hidden agendas behind the formulas that define modern life.

Continue to read, listen, or watch here . . .

VW’s chairman says even small electric cars aren’t going to be cheap — Quartz

This is why we can’t have nice things.

They lie to us. They legally can’t help it because the laws are written to compel corporate leadership to place stockholders profit above any other consideration. If the CEO of any corporation told the truth they would face prison time. Even if there were not a better business model that didn’t include a battery package that that can cost from a third to half the value of the vehicle, they could use accounting tricks called Lead Loss, investing in the market, confident of their future return.

qz.com/1528921/vws-chairman-says-even-small-electric-cars-arent-going-to-be-cheap/

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