Gustavo Ballvé on February 22nd, 2011
Food for thought, Home, Portfolio Management, Risk management, Signal or Noise

One: We were going to refrain from commenting on IBM’s “Watson” computer defeating Jeopardy “experts”. Too much noise, too soon to comment, etc. – but then the Financial Times came along and shamelessly used the Watson “promise of higher automation via improved A.I.” to discuss the larger issue of IT in the financial services/ banking industries. “Famous last words” candidate?

Two: The South Korean government apparently isn’t satisfied with its citizens’ access to the Internet. Now it’s promising 1 Gbps – yes, that’s a “G” for gigabit – for every household by 2012. What kinds of experiments and business models may arise from these speeds? Brazil has come a long way in the last 15-20 years, but this is a great reminder of how much time we’ve lost.

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