Prediction Markets — Let Prediction Markets Flourish

By Adam Ozimek, Forbes, March 23, 2014 The existing evidence is positive about these markets as forecasting and information aggregation tools. But when looking at examples where these markets have underperformed we should really remember that even when Intrade was operating legally there were significant regulatory restrictions placed upon it, and most participants were operating […]

About:Media — The First News Report on the L.A. Earthquake Was Written by a Robot

Will Oremus, Slate, March 17, 2014 It’s reasonable to expect that robo-journalism will improve over time as companies like Narrative Science refine their algorithms. And it’s remarkable that we’ve already reached a point where LAT readers can expect to encounter the phrase, “This post was written by an algorithm.” Just don’t expect the Quakebots of […]

About:Media — What You Think You Know About the Web Is Wrong

Tony Haile, Time, March 9, 2014 If you’re an average reader, I’ve got your attention for 15 seconds, so here goes: We are getting a lot wrong about the web these days. We confuse what people have clicked on for what they’ve read. We mistake sharing for reading. We race towards new trends like native […]