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Investors and participants in AI technology may be interested in this video.

A few years ago, while speaking to an audience at Google in Mountain View, the well-known mathematical wrangler, Sir Roger Penrose said: Science as it is, and mathematics and computational theory alone, are insufficient to approach or produce anything like computational understanding or consciousness.

He very briefly explained how science progresses: "Any system of axiomatic procedures that you accept…

Both people and organizations rely on heuristics to help predict outcomes.  What is wrong with that?

   I get that business executives can be hesitant to put up more structured decision-support systems for cause of fear.  What I don't get is how people are not interested in understanding the disarray out of which problems arise, leading them to better decision making capability.  Instead they rely on heuristics that often lead them wrongly or guide them to a more feeble or breakable…

I came across this Charlie rose interview with Daniel Kahneman about what he calls Fast and Slow thinking.  He makes the case for me that organizations that adopt a more rational architecture for thinking can be more successful in the long term.  He also explained for me, why industry and political leadership are slow to adopt more rational systems of thinking.  

Near the end of the interview, he highlights the types of benefits given to what he calls Slow thinking and I have called…

This post is mainly for Keith McInnis and network or computer experts of like mind.  Keith asked for a chaotic systems example.  That got me back in an econometric state of mind as I was looking for just one example to top this part off.  For this, and this is quite appropriate to this forum,  I can turn to the economist Alfred Marshall who was one of the founders of neoclassical economics.  It was also the name of a U.S. Representative from Maine (we are talking about the economist).…

GAIN members have asked for an explanation of what CEM is used for.  I have been guilty of what I often accuse others of doing.  Particularly my wife. She will (on a frequent daily basis) introduce an object of conversation without mentioning the subject.   After the first five minutes of listening, I find myself wondering what the subject is.  She is making sense, I just don’t know what she is talking about!  If I cannot figure it out; I will ask.  Once she tells me.  I say: Oh! (Not…