Author Topic: Watson for you  (Read 554 times)

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Plane

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Watson for you
« on: February 22, 2011, 01:40:41 PM »
http://electronicdesign.com/article/embedded/Watson-The-i-Jeopardy-i-Champion-Computer-Can-Help-You-Too.aspx

Watson’s ability to understand the meaning and context of human language, and rapidly process information to find precise answers to complex questions, holds enormous potential to transform how computers can help people accomplish tasks in business and their personal lives.


kimba1

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Re: Watson for you
« Reply #1 on: February 22, 2011, 01:55:38 PM »
I could be totally misunderstand this,but I actually learned something from watson. the money IT bets shows IT has no inclination to favor certain numbers. us humans will always try to round it off.

ex. postal stamp prices , people would prefer .45 cents over .44cents which should be a irrational.

Plane

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Re: Watson for you
« Reply #2 on: February 22, 2011, 02:01:50 PM »
I could be totally misunderstand this,but I actually learned something from watson. the money IT bets shows IT has no inclination to favor certain numbers. us humans will always try to round it off.

ex. postal stamp prices , people would prefer .45 cents over .44cents which should be a irrational.

Machines have no preferences at all, yet.

I think that if you gave a computer a prefrence for conserveing its time and energy it would do things like rounding off the uneeded precision digits.

Xavier_Onassis

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Re: Watson for you
« Reply #3 on: February 22, 2011, 02:03:14 PM »
There is no real reason to round off numbers up or down. I find that I am tempted to round off the recommendations of my newsletter when buying mutual funds. It tells me what percentage to invest. It seems strange to buy 1223.45 shares rather than, 1225 or 1223. In reality it cannot make much difference. So I usually just round it off to the nearest penny, which I suppose is what Watson would do.

When buying ETF's, which are usually not sold in fractional shares, I have found that a limit order a few cents below the bid price of the share is usually successful, because "full service brokers" seem to buy at whatever the market price happens to be.

When selling, I put in a price a few cents per share higher.

Most of the time, I manage to get my price.
"Time flies like an arrow; fruit flies like a banana."

sirs

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Re: Watson for you
« Reply #4 on: February 22, 2011, 02:06:00 PM »
"The worst form of inequality is to try to make unequal things equal." -- Aristotle

Plane

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Re: Watson for you
« Reply #5 on: February 22, 2011, 02:14:38 PM »
There is no real reason to round off numbers up or down. I find that I am tempted to round off the recommendations of my newsletter when buying mutual funds. It tells me what percentage to invest. It seems strange to buy 1223.45 shares rather than, 1225 or 1223. In reality it cannot make much difference. So I usually just round it off to the nearest penny, which I suppose is what Watson would do.

When buying ETF's, which are usually not sold in fractional shares, I have found that a limit order a few cents below the bid price of the share is usually successful, because "full service brokers" seem to buy at whatever the market price happens to be.

When selling, I put in a price a few cents per share higher.

Most of the time, I manage to get my price.

Exactly so!

You have preferences, the machines involved have only your instructions.

Watson didn't want to win at Jepordy Watson doesn't want anything, if instructed to give the least right answer it would have done so with no regret.

Xavier_Onassis

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Re: Watson for you
« Reply #6 on: February 22, 2011, 02:42:28 PM »
Actually, the solution is to do a bit of all three.
"Time flies like an arrow; fruit flies like a banana."

sirs

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Re: Watson for you
« Reply #7 on: February 22, 2011, 02:52:50 PM »
Actually the solution is 80% of Watson's answer, 19% of the GOP's answer and 1%, if that, of Obama's answer.  So yea, it takes a bit of all 3
"The worst form of inequality is to try to make unequal things equal." -- Aristotle