The 37% Rule, optimal stopping and other algorithmic conclusions are evidence-based guides that enable us to use wisdom and mathematically verified steps to make better decisions. In a technological recapitulation of what spiritual teachers have been saying for centuries, our things are demonstrating that everything is – or can be – connected to everything else. Our systems do not have, and we need to build in, what David Gelernter called ‘topsight,’ the ability to not only create technological solutions but also see and explore their consequences before we build business models, companies and markets on their strengths, and especially on their limitations.” Chudakov added that this is especially necessary because in the next decade and beyond, “By expanding collection and analysis of data and the resulting application of this information, a layer of intelligence or thinking manipulation is added to processes and objects that previously did not have that layer.Algorithms with the persistence and ubiquity of insects will automate processes that used to require human manipulation and thinking. A grocery can suggest a healthy combination of meats and vegetables for dinner. “The main negative changes come down to a simple but now quite difficult question: How can we see, and fully understand the implications of, the algorithms programmed into everyday actions and decisions? So prediction possibilities follow us around like a pet.“Algorithms are a useful artifact to begin discussing the larger issue of the effects of technology-enabled assists in our lives. Like fish in a tank, we can see them swimming around and keep an eye on them.“Algorithms are the new arbiters of human decision-making in almost any area we can imagine, from watching a movie (Affectiva emotion recognition) to buying a house (Zillow.com) to self-driving cars (Google).He replied: “‘If every algorithm suddenly stopped working, it would be the end of the world as we know it.’ (Pedro Domingo’s Fact: We have already turned our world over to machine learning and algorithms.The question now is, how to better understand and manage what we have done? And most importantly for those who don’t create algorithms for a living – how do we educate ourselves about the way they work, where they are in operation, what assumptions and biases are inherent in them, and how to keep them transparent?[See “About this canvassing of experts” for further details about the limits of this sample.] Participants were asked to explain their answers, and most wrote detailed elaborations that provide insights about hopeful and concerning trends.
Self-learning and self-programming algorithms are now emerging, so it is possible that in the future algorithms will write many if not most algorithms.
That, by itself, is a tall order that requires impartial experts backtracking through the technology development process to find the models and formulae that originated the algorithms.
Then, keeping all that learning at hand, the experts need to soberly assess the benefits and deficits or risks the algorithms create. Who has the time, the budget and resources to investigate and recommend useful courses of action?
Every time someone sorts a column in a spreadsheet, algorithms are at play, and most financial transactions today are accomplished by algorithms.
Algorithms help gadgets respond to voice commands, recognize faces, sort photos and build and drive cars.