Marketplace Tech Report for Monday, October 22, 2012
Boy, could we make a lot of money if we knew who was going win the election in two weeks. All this technology, all of this fearsome data crunching power, you'd think our predictions would be getting better. Nate Silver, who runs the New York Times political blog Five Thirty Eight, says that all the new technology we have at our fingertips doesn't guarentee better predictions. Turns out our computers often help us make bad political predictions more quickly.
Boy, could we make a lot of money if we knew who was going win the election in two weeks. All this technology, all of this fearsome data crunching power, you’d think our predictions would be getting better. Nate Silver, who runs the New York Times political blog Five Thirty Eight, says that all the new technology we have at our fingertips doesn’t guarentee better predictions. Turns out our computers often help us make bad political predictions more quickly.
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