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The coronavirus butterfly effect: Six predictions for a new world order
advertisementadvertisementBy Parag Khanna and Karan Khemka In chaos theory, the butterfly effect describes a small change that can have massive, unpredictable consequences. An insect flaps its wings and, weeks later, causes a tornado.advertisementadvertisementThe is more like an earthquake, with aftershocks that will permanently reshape the world.If we are lucky, the world will pass “peak virus” within the next six months. But the economy, governments, and social institutions will take years to recover in the best-case scenario. Indeed, rather than even speak of “recovery,” which implies a...…advertisementadvertisementBy Parag Khanna and Karan Khemka In chaos theory, the butterfly effect describes a small change that can have massive, unpredictable consequences. An insect flaps its wings and, weeks later, causes a tornado.advertisementadvertisementThe is more like an earthquake, with aftershocks that will permanently reshape the world.If we are lucky, the world will pass “peak virus” within the next six months. But the economy, governments, and social institutions will take years to recover in the best-case scenario. Indeed, rather than even speak of “recovery,” which implies a...WW…
Can an artificial intelligence learn to beat the stock market?
advertisementadvertisementBy William D. Cohan On the far side of an office park in a suburb of Seattle, a supercomputer is teaching itself to beat the stock market.advertisementadvertisementThe holy grail of high finance doesn’t look like much: eight rows of servers enshrined in a black metal frame. But inside this austere enclosure, an incredible alchemy is taking place. Four hundred computers blink and hum as market data is digested at a rate of one quadrillion calculations per second, firing order requests to electronic traders in Chicago, 2,000 miles away. Outside the containment, a...…advertisementadvertisementBy William D. Cohan On the far side of an office park in a suburb of Seattle, a supercomputer is teaching itself to beat the stock market.advertisementadvertisementThe holy grail of high finance doesn’t look like much: eight rows of servers enshrined in a black metal frame. But inside this austere enclosure, an incredible alchemy is taking place. Four hundred computers blink and hum as market data is digested at a rate of one quadrillion calculations per second, firing order requests to electronic traders in Chicago, 2,000 miles away. Outside the containment, a...WW…
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