4.9 • 797 Ratings
🗓️ 26 December 2017
⏱️ 9 minutes
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0:00.0 | On the internet, the algorithms are all around you. |
0:03.0 | You are watching this video because an algorithm brought it to you, among others, to click, which you did, and the algorithm took note. |
0:10.0 | When you open the tweet book, A, the algorithm decides what you see. |
0:13.0 | When you search through your photos, A, the algorithm does the finding. |
0:17.0 | Maybe even makes a little movie for you. |
0:19.0 | When you buy something, A, the algorithm sets the price, and A. The algorithm is at your bank watching transactions for fraud. |
0:25.6 | The stock market is full of algorithms trading with algorithms. |
0:29.6 | Given this, you might want to know how these little algorithmic bots shaping your world work, especially when they don't. |
0:35.6 | In ye olden days, humans built algorithmic bots by giving them instructions the humans could |
0:41.3 | explain, if this, then that. |
0:43.3 | But many problems are just too big and hard for a human to write simple instructions for. |
0:49.3 | There's a gazillion financial transactions a second. Which ones are fraudulent? |
0:53.3 | There's octillion videos on NetMe |
0:55.7 | Tube, which eight should the user see as recommendations, which shouldn't be allowed on |
1:00.5 | the site at all. For this airline seat, what is the maximum price this user will pay right |
1:05.7 | now? Algorithmic bots give answers to these questions, not perfect answers, but much better |
1:10.4 | than a human could do. |
1:11.6 | But how these bots work exactly more and more no one knows, not even the humans who built them, or built them, as we will see. |
1:19.6 | Now, companies that use these bots don't want to talk about how they work because the bots are valuable employees, very, very valuable. |
1:26.6 | And how their brains are built is a fiercely guarded trade secret. |
1:30.7 | Right now, the cutting edge is most likely very, I hope you like linear algebra, |
1:34.6 | but what the current hotness is on any particular site and how the bots work is a bit, I don't know, |
... |
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