On the positive side, there are indications Acxiom doesn't engage in racial profiling: The company predicts I have a 13.6 percent probability of interest in regularly going to a bar. I asked Hargreaves, the professor, if this seemed a statistically reasonable estimate for an Irish journalist. After she stopped laughing, Hargreaves said accurate predictions hinged on the raw data on which the profile is based.
The deployment of artificial intelligence (AI) in mining is enabling companies to improve their efficiency and productivity, which is crucial to their profitability. The mining industry is pivotal to the world's economy. The mining industry's top companies had a total revenue of approximately 683 billion U.S. dollars in 2018. Implementation of AI in mining activities can help push the industry even further forward by reducing the operating costs and simplifying the mining processes. A majority of mining companies still depend on traditional mining practices.
"There is one vital difference between gambling and investing. You cannot logically explain why, for example, a given set of cards turned out in a game of poker, but you can work backwards and explain why a stock had to fall. And I think here there is a trap is for unwitting investors. Because the past can be analysed and explained, we think the future can be too." Either Elon Musk does it and electric becomes mainstream or he doesn't quite get there and someone else will follow the template.