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"The idea that AI must mimic the thinking process of humans has dropped away. "Creating artificial intelligences that are like humans is, at the end of the day, paving the cow paths," Mr. Saffo argues. "It's using the new technology to imitate some old thing.""

A new generation of tools has been improved over the last five years, changing the entire financial world, thanks to the unprecedented levels reached by technology - impossible to conceive some years ago. Velocity, liquidity, price efficiency and systemic risks: the HFT (High-Frequency Trading) era has started.

"Everyone there was a "Quant." No one cared what the underlying company represented by a given stock actually did. Apple or General Motors, CAT or IBM… Everything boiled down to a set of statistical observations that, when assembled into the proper algorithm, delivered a portfolio that beats the market." I just love the title of that conference: Alpha Generation - Using News Sentiment Data

"Unlike the jerry-built contraptions of the past, the Replicator 2s are sleek, metal, and stylish: MakerBot CEO Bre Pettis likens the design to "Darth Vader driving Knight Rider's KITT car while being airlifted by a Nighthawk spy plane." There is also the lighting. Oh, the lighting. "LEDs are part of our core values as a company," Pettis jokes. "

Lack of R&D, innovation and structural problems in education are root causes of the eurozone crisis in Portugal, Greece, but also Italy and Spain struggle. 

how US military needs during World War II and the Cold War steered engineers and applied mathematicians to an economic way of thinking about scarce resources, including limited computational resources, and how economists subsequently incorporated that mathematics.

"The idea is to design more realistic virtual characters, which, in turn, should make video games more compelling and software simulations used for training more useful. In the future, the software could drive physical robots capable of navigating the real world in a human-like manner." Okay, the bots are not 'really' intelligent and language is much harder to crack. But still, it's a nice result, this  human thinks.