A Rennaissance in Mathematics: The Mathematician Who Cracked Wall Street 9 Sep 2018, 10:40 pm

Jim Simons is a mathematician and cryptographer who realized that the complex math he used to break codes could help explain financial patterns – and he made billions because of it in his notoriously secretive hedge fund firm called Renaissance Technologies. 

He is famous not only for the duration of his success and the size of his results … but also for the way he made his money (with much lower volatility and risk than his peers and competitors). 

His background is impressive.  Simons taught at Harvard and MIT and worked with the NSA.  Here is a video where he shares some thoughts in a 2015 TED talk interview.  It's worth a watch. 

TED via Youtube

Interesting stuff … I hope you got something from it. 

Despite advanced math still being a mystery to many,  most rely on it more than ever … for example, look at what we're seeing with the growth of machine learning and AI.

The Heart of AI is Still in Humans

Simons built a team of mathematicians whose motivation was doing exciting mathematics and science (rather than hired guns who could be lured away by money).

That doesn't mean money wasn't a motivator, but it hits on something important. 

The heart of good math and good AI will always benefit from the quality of the humans around it. You still have to champion integrity, culture, and purpose.

Better Math as a Competitive Advantage

We stayed ahead of the pack by finding other approaches and shorter-term approaches to some extent … but the real thing was to gather a tremendous amount of data – Jim Simons

 

If you've been to our office, or heard me speak, you know how important I believe those ideas are to continuing prosperity. 

Constant innovation on a massive scope and scale create more ways to win.

Onwards!

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Here Are Some Links For Your Weekly Reading – September 9th, 2018 9 Sep 2018, 10:28 pm

Here are some of the posts that caught my eye recently. Hope you find something interesting.

Lighter Links  

• 7 Best Photos that Celebrate the Magic of Burning Man.(MillionMileSecrets)
• SpaceX Engineer Details Ambitious Plan to Build Multiple Cities on Mars'. (Inverse)
• Can You Wear White after Labor Day? What You Need to Know. (Cheatsheet)
• Yuval Noah Harari: Why the Reluctant Guru is Upsetting Scientists. (NewScientist)
• Inspire Your Team by Living this One Leadership Principle from the U.S. Marines. (Entrepreneur)

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How To Thrive After the A.I. Revolution 9 Sep 2018, 7:55 pm

The world is poised on the cusp of an economic and cultural shift as dramatic as that of the Industrial Revolution. – Steven Levy

Artificial Intelligence is one of my favorite things to talk about … It makes so much possible! 

In a previous article I mentioned that forecasts expect AI to impact or eliminate up to 50% of current jobs.  Nevertheless, I think that is the start of the story.  The ultimate impact will be bigger and more positive than most people expect.

Personally, I believe that freeing us to do more has always been a boon to society. Electricity put a lot of people out of work as well …  but, look what it made possible.

We'd be naive to think A.I. isn't going to influence the job market, but that doesn't mean you can't navigate that shift. 

A Look At Industrial Revolutions

The Industrial Revolution has two phases: one material, the other social; one concerning the making of things, the other concerning the making of men. –Charles A. Beard

There are several turning points in our history where the world changed forever. Former paradigms and realities became relics of a bygone era. 

Today, we're at another turning point.

Tomorrow's workforce will require different skills, and face different challenges than we do today. You can consider this a Fourth Industrial Revolution. Compare today's changes to our previous industrial revolutions. 

• First industrial revolution – Discovery of the steam engine and creation of factories
• Second industrial revolution – Introduction of the assembly line and mass production
• Third industrial revolution – The world wide web and computers connect the world together heralding the digital age. 

Each revolution shared multiple similarities. They were disruptive. They were centered on technological innovation. They created concatenating socio-cultural impact.

The fourth shares all the same hallmarks. We're harnessing new technologies like A.I., the IoT, renewable energy, and quantum computing. Automation is going to reach a new paradigm in this revolution, but there will also be an explosion of new fields, new markets, and new necessary skillsets – it's going to impact the world as holistically as electricity. 

How will humans create value in an increasingly automated world?

I believe that, if managed well, the Fourth Industrial Revolution can bring a new cultural renaissance, which will make us feel part of something much larger than ourselves: a true global civilization. I believe the changes that will sweep through society can provide a more inclusive, sustainable and harmonious society. But it will not come easily. – Klaus Schwab

Guthrie Jensen has 10 skills they believe will become more important in the new world,  five industries they think will grow the most, and another 10 jobs they think will be the most "in-demand". 

Check out the infographic below (click it to see the whole thing). 

via Guthrie Jensen

Robots can do many things, but they've yet to match the creativity and emotional insight of humanity. As automation spreads to more jobs, the need for management, creativity, and decision-making won't go anywhere … they may be bolstered by data analytics, but they won't disappear. 

Our uniqueness and flexibility rightly protect our usefulness. AI and automation free us up to be our best selves and to explore new possibilities. 

These are exciting times!

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QA Test Automation Developer 8 Sep 2018, 2:04 am

Coppell, TX • Full-time What is Capitalogix? At Capitalogix, we created a revolutionary financial technology platform that uses adaptive A.I. to maximize trading performance. We track thousands of systems to find what’s working in real-time, all the time, using ma read more

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Database Developer Level 2 8 Sep 2018, 1:52 am

Coppell, TX • Full-time What is Capitalogix? At Capitalogix, we created a revolutionary financial technology platform that uses adaptive A.I. to maximize trading performance.  We track thousands of systems to find what’s working in real-time, all the time, us read more

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Data Engineer Level 2 8 Sep 2018, 1:46 am

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Front End Developer II 8 Sep 2018, 1:40 am

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Full Stack Developer II 8 Sep 2018, 1:35 am

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Full Stack Developer I 8 Sep 2018, 12:27 am

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Database Analyst/Programmer I 7 Sep 2018, 9:35 pm

Full-time • Coppell, TX What is Capitalogix? At Capitalogix, we created a revolutionary financial technology platform that uses adaptive A.I. to maximize trading performance. We track thousands of systems to find what’s working in real-time, all the time, using ma read more

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