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Lockdown effects in US states: an artificial counterfactual approach

arXiv.org Machine Learning

The evolution of the Covid-19 has been posing several challenges to policymakers. Decisions have to be made in a timely fashion, without much undisputed evidence to support them. Being a new disease, and despite the enormous research effort to understand it, estimates of the transmission, recovery and death rates remain uncertain. Nevertheless, these are key pieces of information to assess potential pressures on the health system capacity, as well as the need of a lockdown policy and its intensity if implemented. Not surprisingly, similar regions have implemented different strategies regarding lockdowns. The leading example in the media is the looser social distancing policy in Sweden versus strict policies in its Scandinavian peers. By informally comparing the evolution of the pandemics in Sweden and Denmark (or Norway), many commentators argue that several Covid-19 cases and deaths in Sweden would be avoided in the short-run were a strict lockdown in place.


Working With Robots in a Post-Pandemic World

#artificialintelligence

Whether you turn to news outlets, tech magazines, or academic sources for insight, you're likely to hear that the COVID-19 pandemic is going to drive massive growth in automation, especially via robots.1 The arguments in favor of this view seem reasonable: Main Street might look dead, but companies that provide shippable goods have been facing double, triple, or even 10 times their previous demand. Robots, the thinking goes, should be able to reliably do that repetitive physical work when many workers aren't safely able or willing to set foot in the building. What's more, access to the technology is getting less expensive, with "robots as a service" models allowing companies to pay per touch rather than dipping into precious capital reserves. And robots are becoming more capable. In just the past few years, for example, we've seen a small number of companies building and selling AI-enabled robots to pick things out of bins, handle parts, tend machines, and test the latest electronics.



A.I. Could Be The New Play To Increase Minority Homeownership

#artificialintelligence

Artificial Intelligence and its inherent bias may not be as judgmental as previously thought, at least in the case of home loans. It appears the use of algorithms for online mortgage lending can reduce discrimination against certain groups, including minorities, according to a recent study from the National Bureau of Economic Research. This could end up becoming the main tool in closing the racial wealth gap, especially as banks start using AI for lending decisions. The Breakdown You Need to Know: The study found that in person mortgage lenders typically reject minority applicants at a rate 6% higher than those with comparable economic backgrounds. However, when the application was online and involved an algorithm to make the decision, the acceptance and rejection rates were the same.


25 Machine Learning Startups To Watch in 2018

#artificialintelligence

From redefining talent management by evaluating job candidates on innate and emerging strengths by removing conscious and unconscious biases from hiring decisions as eightfold.ai International Data Corporation (IDC) forecasts that spending on AI and ML will grow from $12B in 2017 to $57.6B by 2021, attaining a 48% Compound Annual Growth Rate (CAGR). Please see the latest roundup of machine learning forecasts and market estimates, 2018 for more market data on machine learnings' exponential growth. The National Bureau of Economic Research distributed a study last month from the Stanford Institute For Economic Policy Research titled Some Facts On High Tech Patenting. The study finds that patenting in machine learning has seen exponential growth since 2010 and Microsoft had the greatest number of patents in the 2000 to 2015 timeframe.


25 Machine Learning Startups To Watch in 2018

#artificialintelligence

From redefining talent management by evaluating job candidates on innate and emerging strengths by removing conscious and unconscious biases from hiring decisions as eightfold.ai International Data Corporation (IDC) forecasts that spending on AI and ML will grow from $12B in 2017 to $57.6B by 2021, attaining a 48% Compound Annual Growth Rate (CAGR). Please see the latest roundup of machine learning forecasts and market estimates, 2018 for more market data on machine learnings' exponential growth. The National Bureau of Economic Research published a study last month from the Stanford Institute For Economic Policy Research titled Some Facts On High Tech Patenting. The study finds that patenting in machine learning has seen exponential growth since 2010 and Microsoft had the greatest number of patents in the 2000 to 2015 timeframe.


Algorithms Hire Better Than Humans

#artificialintelligence

Yup, you read that right. A study released last month by the National Bureau of Economic Research suggests that algorithms make better hiring decisions than humans do. The study, which was conducted by Mitchell Hoffman, Lisa B. Kahn and Danielle Li, observed over 300,000 hires across 15 companies that employ low-skill workers such as call center operators or data entry employees. The study required the companies to implement hiring assessments created by PeopleMatter that asked candidates a variety of questions about their technical skills, personality, cognitive skills, and fit for the job. In some cases, hiring managers were removed from the process, and hiring decisions were made by an algorithm that based the decision on the test results.


Review of Artificial Intelligence and Robotics: Five Overviews

AI Magazine

AI Magazine Volume 7 Number 1 (1986) ( AAAI) of the crucial terms involved in his analysis, such as "probability" Mauadne 4(4):7-14 falsity of his claims is often impossible to assess. Nute, Donald k. '(1980) Topics in conditional logic Dordrecht, Holland: conceptions upon which his view is based do indeed conform M. Ringle, (Ed.), Philosophical Perspectives in Artificial Intelligence traditional conceptions should not be taken for granted, Terry L. Rankin his observation that "Probability theory is today our primary At hens, Georgia such as "average" and "likely," and therefore it is the most natural language for describing those aspects of (heuristic) performance that we seek to improve" (p. Artificial Intelligence and Robotics: On general theoretical grounds, I think, there are excellent Five Overviews. Busi-reasons to suppose that (a)-(f) are fundamental ness/Technology Books; 1984. Gevarter's work was published by the National that serious difficulties seem to confront the theoretical Bureau of Standards as a set of five volumes, and this book, framework he apparently endorses, where these difficulties published by Business/Technology Books, is Gevarter's are especially severe from an epistemological perspective.