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...A version of this article was first published by Nikkei Asia on December 7 2022. ©2022 Nikkei Inc....
...Buffett’s bet is a modern-day testament to how even professional money managers stuffed with PhD economists and computer scientists often do a mediocre job of investing, and the odds on ordinary people doing...
...“They are gangsters and drug dealers back in China, but they can’t live in China any more.”...
...Think AT&T’s Bell Labs, which at its 1960s peak “employed 15,000 people, of whom about 1,200 had PhDs”, or Xerox’s Palo Alto Research Centre, which can lay claim to being the originator of the computer mouse...
...Microsoft Research had the pick of the country’s best PhD graduates....
...“Trading has gone from being people hollering down phones […] to computers doing things with other computers,” he added....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Is ordering from a smiling avatar of Ronald McDonald any less “real” than interacting with the forced smiles of an underpaid and overworked service worker?...
...The case involved Francis Lorenzo, an employee at a broker-dealer in Staten Island, New York....
...Applications in the automobile industry, medical services and robotics also offer growing returns....
...Dealers would only need to hold one licence, opening up the Tocom contracts to a much wider range of foreign brokers and investment banks....
...Ms Badour has taken computer science classes, and another lawyer on the team had an extensive coding background....
...While studying for his PhD at the London School of Economics in the early 1980s Mr Wadhwani reads volume 12 of The Collected Writings of John Maynard Keynes....
...They won’t need engineers, factories or dealers to do it. It’s almost pure profit.”...
...The supercharged internet of the next decade will not be just for people’s mobile devices and computers....
...The best haptic experts in the world are sat next to a bunch of guys who have PhDs in material science.”...
...Qubits v bytes: how quantum computing works Quantum computing taps into the quirky behaviour of sub-atomic particles, which bend our normal understanding of physics....
...A version of this article was first published by the Nikkei Asian Review on March 1, 2019. ©2019 Nikkei Inc. All rights reserved....
...In 1989, Prof Fama took on a precocious PhD student as an assistant....
...The wealth of nations and individuals is ever more likely to be influenced by computer algorithms as investors look to computer-powered quantitative trading strategies to generate returns....
...This year, Oxford university had only 26 places for new PhD students in computer science....
...whopping €4.3bn antitrust penalty by the EU against Google for abusing its power in the mobile phone market was nearly double what it was charged last year for favouring search results from its shopping service...
...The company has an agreement with Bupa, the private healthcare group, and the National Health Service’s non-emergency helpline 111 to help provide triage services for non-critical problems — as well as a...
...SAE now employs 80 portfolio managers and researchers, who include more than 30 PhDs in computer science, physics and engineering....
...Bitcoin, the biggest of the cryptocurrencies, is controlled by computer algorithms rather than central banks, unlike mainstream currencies....
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