Today, nearly 45 percent of trading is done electronically, according to Coalition, a U.K. firm that tracks the industry. In addition to back-office clerical workers, on Wall Street machines are replacing a lot of highly paid people, too. Source: As Goldman Embraces Automation, Even the Masters of the Universe Are Threatened

Is data science too easy? The question was originally answered on Quora by Maurice Ewing.

Sourced through Scoop.it from: www.forbes.com

A search engine can now respond to users with questions of its own. For example, a search for “truffles” on Amazon returns results, but also suggests “chocolate truffles” and “truffle oil” as alternative searches. Search engines can also interrupt users mid-query with suggestions and even instant answers (e.g., Google Instant). The ideal search engine is […]

Despite the fact that the AI field was born more than half a century ago, we’ve only recently in the last few years made monumental strides in advancing the artificial intelligence game. More specifically, we’ve started to transition from a model whereby AI assists humans to one whereby humans assist AI. While the difference sounds […]

In this contributed article, Jason Miller, Industrial Applications Engineer at Alpine Data discusses the new PFA standard that takes a good step forward from the previous PMML standard. A shift to PFA has the potential to be a watershed event in predictive analytics.

Sourced through Scoop.it from: insidebigdata.com

Sourced through Scoop.it from: www.infoworld.com

One of key tenets of science (physics, chemistry, etc.), or at least the theoretical ideal of science, is reproducibility. Truly “scientific” results should not be accepted by the community unless they can be clearly reproduced and have undergone a peer review process. Of course, things get messy in practice for both academic scientists and data […]

ON-DEMAND VIDEO NOW AVAILABLE: Thursday, February 2 at 2 pm ET, featuring a panel of experts that will scientifically analyze the various aspects of this major pop culture event.

Sourced through Scoop.it from: newswise.com

LIAR, LIAR, WORDS ON FIRELast fall Noah Zandan, who is big on “quantified communication” posted a fun TED ED video about ways to spot liars using “communications theory.” He opens the video with a simple ABT about how lots of ways have been developed over the ages to detecting lying AND they all work to […]