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7 Shocking Statistics About Artificial Intelligence!

28 March 2018

Principle of the day

The long tail

A broad catalog of many niche products can create substantial aggregate demand; the platform must reduce discovery costs.

Chris AndersonAmerican author and former editor-in-chief of WiredSource: The Long Tail

Quote of the daybrand networks

New power models live and die by the strength of their networks.

Jeremy HeimansAustralian entrepreneur and co-author of “New Power.”Source: What new power looks like

Quote of the daydetermination

When something is important enough, you do it even if the odds are not in your favor.

Elon MuskFounder of SpaceX and CEO of TeslaAttributedView profile: Tesla

Principle of the day

Anchoring effect

The first salient number can influence later judgments; reference prices must be truthful and communicated fairly.

Daniel Kahneman and Amos TverskyPsychologists whose work on heuristics influenced behavioral economicsSource: Anchoring

Quote of the dayartificial intelligence

With artificial intelligence, we are summoning the demon.

Elon MuskFounder of SpaceX and CEO of Tesla · MIT symposium (2014)AttributedView profile: Tesla

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