Machine intelligence is a prediction technology. Technological revolutions tend to involve activity that becomes cheap like the cost of communication or finding information. Finding information means more search. More search means more data. Data means more research. Research for the research. That’s fine….. really. The economic shift will center around a drop in the costContinue reading “the economics of machine intelligence”
Monthly Archives: November 2016
rate hike
The Fed seems to be hinting at a rate hike in December. Janet Yellen spoke earlier in the week and said several items. The economic growth is stable (however slow). Jobs have been added (but not many). The stock market has remained strong. Yellen’s wait-and-see attitude has been caught up to. I see the GDPContinue reading “rate hike”