New York State Governor Andrew Cuomo could help offset his education budget shortfall with tax revenues derived from sports gambling. When New York State Governor Andrew Cuomo unleashed his 2018-19 budget, it included a $1.6 billion shortfall between the amount of money requested by the Board of Regents to fund public school education and the amount of money allocated to student learning. The state's legalizing and taxing of sports gambling could help to offset this shortfall. But, rather than maximizing the amount of tax dollars that the state would collect from sports gambling, two recently proposed New York state bills both allocate "a quarter of a percent of all wagers" directly to the U.S. professional sports leagues -- private entities with no legal claim to these funds. Although lobbyists on behalf of the U.S. professional sports leagues have long argued that U.S. professional sports league owners should receive an "integrity fee" or "royalty fee" from state-licensed sports gambling, their claim of a purported intellectual property right over sports gambling statistics simply does not hold legal muster.
When I first met Bob Rosen, on media row at Madison Square Garden, this past January, he was sitting with a scorekeeping book, tracking all the stats by hand, occasionally catching up during timeouts by consulting the game information provided for the press on computer terminals. The Knicks were playing the Celtics, and it was Hardwood Classics Night--the home team wore throwback uniforms, and big moments from past eras were celebrated during game breaks. When the Jumbotron played Knicks highlights from the nineteen-seventies, Rosen began telling me what turned out to be the first of many stories. He has loved the Knicks since their first game, in 1946, against the Toronto Huskies. When they beat the Lakers in Game 7 of the 1970 N.B.A. Finals, on a Friday night at the Garden, Rosen was unable to attend, he told me, because he was at the office of the Elias Sports Bureau, preparing statistics for the Sunday newspapers.
Ben Orlin of Math With Bad Drawings explains the pitfalls of using summary statistics -- mean, median, and mode -- to make decisions in life. Aggregates like these are meant as wideout overviews. Learn to visualize your data. So far we've seen when you will die and how other people tend to die. Now let's put the two together to see how and when you will die, given your sex, race, and age.
The evolution of AI can be difficult to track, but these statistics reveal what trends we can expect to see and its future in the enterprise. Even a quick glance at these AI statistics makes one thing clear: AI will have a starring role in the evolving state of business. The sheer scale of projected AI revenue -- $36.8 billion by 2025 -- is evidence enough that there is money to be made by investing in AI. It has tangible, real-world applications that could benefit many businesses, powering everything from voice recognition software to virtual personal assistants and beyond. It's telling that more than 71 percent of major firms conducting AI research have a B2B focus.