Hitting the Books: How much that insurance monitoring discount might really be costing you

Engadget 

Machine learning systems have for years now been besting their human counterparts at everything from Go and Jeopardy! to drug discovery and cancer detection. With all the advances that the field has made, it's not unheard of for people to be wary of robots replacing them in tomorrow's workforce. These concerns are misplaced, argues Gerd Gigerenzer argues in his new book How to Stay Smart in a Smart World, if for no other reason than uncertainty itself. AIs are phenomenally capable machines, but only if given sufficient data to act on. Introduce the acutely fickle precariousness of human nature into their algorithms and watch their predictive accuracy plummet -- otherwise, we'd never have need to swipe left. In the excerpt below, Gigerenzer discusses the hidden privacy costs of sharing your vehicle's telematics with the insurance company.