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Problem Solving

99 STASHED IDEAS

Companies are leveraging data and artificial intelligence to create scalable solutions — but they’re also scaling their reputational, regulatory, and legal risks. 

  • Los Angeles is suing IBM for allegedly misappropriating data it collected with its ubiquitous weather app.
  • Optum is being investigated by regulators for creating an algorithm that allegedly recommended that doctors and nurses pay more attention to white patients than to sicker black patients.
  • Goldman Sachs is being investigated by regulators for using an AI algorithm that allegedly discriminated against women by granting larger credit limits to men than women on their Apple cards.
  • Facebook infamously granted Cambridge Analytica, a political firm, access to the personal data of more than 50 million users.
Colin I. (@colinii) - Profile Photo

@colinii

🧐

Problem Solving

hbr.org

Creativity needs stimulus, but also an optimum load of boredom to thrive. Too much boredom will make one lethargic, as in the case for imposed isolation of lockdowns across the world. One has to find the unique boredom sweet spot.

Creativity is not a linear process, and one needs bursts of isolation and stimuli to weave the creative content.

Taking risks is a way towards potential growth, even if it is not according to the original plan.

When entrepreneurs fail at their startup, a large chunk of them still benefit by:

  • New connections and friendships
  • New job opportunities
  • A pivot towards another company.

In science, "statistically significant" is the effect that can be picked up with a particular statistical tool called a p-value. A good p-value (or calculated probability) is arbitrary and can vary between scientific fields. The cut-off for statistically significant is a p-value of 0.05.

One problem is that if you run a study multiple times or do a whole bunch of different statistical analyses on the same data, your results could look meaningful purely by chance.

Bad ideas are not your enemy. They are essential steps to better ideas.

Focus on making something worth sharing. How small can you make it and still do something you're proud of? Could you play just one note on the clarinet that's worth listening to?

❤️ Brainstash Inc.