Friday, January 7, 2011

A Data Explosion Remakes Retailing

From the New York Times:

"Retailing is emerging as a real-world incubator for testing how computer firepower and smart software can be applied to social science — in this case, how variables like household economics and human behavior affect shopping."

Monday, January 3, 2011

Computers That Trade on the News

I missed this one around Christmas time...must have been the drive up to Prince George.

In the NY Times:

The number-crunchers on Wall Street are starting to crunch something else: the news.

Math-loving traders are using powerful computers to speed-read news reports, editorials, company Web sites, blog posts and even Twitter messages — and then letting the machines decide what it all means for the markets.