#144 - Martin Schmalz - Artificial Intelligence, Big Data & China

Modern Wisdom

Chris Williamson

Society & Culture, Health & Fitness

4.7 • 4.6K Ratings

🗓️ 20 February 2020

⏱️ 70 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Martin Schmalz is a professor of Finance at Oxford University and an author.

We're receiving constant warnings about the advent of Artificial Intelligence. And big data. And China. But how do all of these fit together?

Expect to learn why your phone's GPS data on a night time is affecting your credit score, how the speed which you complete an online form in could change the price, where the REAL computing power behind AI is being deployed at the moment, and much more.

Extra Stuff:

Follow Martin on Twitter - https://twitter.com/martincschmalz

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Thank you to The Browser - https://thebrowser.com/

Take a break from alcohol and upgrade your life - https://6monthssober.com/podcast

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Transcript

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0:00.0	Oh, hello friends, welcome back.
0:02.9	Today I am sitting down with Martin Schmaltz
0:05.6	and we are talking about the business of big data.
0:08.8	Recently had Seth Stevens' video it's on,
0:11.6	discussing everybody lies and how we can infer a lot
0:16.0	about people from their Google searches
0:18.0	and from their porn hub data.
0:20.3	Today we're talking a little bit more
0:22.2	on the side of computer learning, machine learning,
0:24.7	artificial intelligence.
0:26.6	What actually are the resources being put
0:29.6	into artificial intelligence at the moment?
0:31.6	The press would have us believe that it's terminator,
0:34.4	dystopian rise of the machines future that's happening.
0:37.6	But according to Martin that's not what the market rewards.
0:40.8	What the market rewards is looking at your phone's location
0:43.9	data on a night to see if you're sleeping
0:45.5	in more than one location consistently to infer
0:48.4	whether or not you're in a relationship
0:49.8	which might decide whether or not you're going to get married
0:52.3	and then divorced soon.
0:54.0	Or how quickly you fill in a form online
	...

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