Summary of a talk by Ian Ayres at the London School of Economics on the 13th September 2007 on the subject of his book “Super Crunchers: Why Thinking-By-Numbers is the New Way to be Smart”.
Ian Ayres is an economist and lawyer, and is the William K. Townsend Professor at Yale Law School, and a professor at Yale’s School of Management. He has a personal website here: http://islandia.law.yale.edu/ayers
In 50 words or less:
Ayres firstly introduces us to two main methods of mathematical analysis: regression and random testing. He then proceeds by way of examples to show how these methods, applied with sufficient size, speed and scale, are more effective than human experts at making predictions, and the consequent implications.
If you enjoy the annotated video of this talk, please leave me a comment or raise a question - I love thinking about and discussing this stuff!
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