Smart Software a Derby Winner. Watson Does Not Show

May 12, 2016

I read “AI Predicts All Four Top Places in the Kentucky Derby: Machine Uses Swarm Intelligence to Turn $20 bet into $11,000.” Let’s assume that the magic revealed in the write up is spot on. I will not ask the question, “How much would IBM have won if it had bet a couple of hundred million on the Kentucky Derby using the revealed technology?” Believe me, I want to ask that question, but I will exercise restraint.

According to the write up:

An artificial intelligence program developed by Unanimous A.I. successfully predicted the Superfecta at the 142nd Kentucky Derby last Saturday, turning a $20 bet into nearly $11,000. Using ‘Swarm Intelligence,’ the AI was able to correctly choose the winning horse, Nyquist – along with the second, third, and fourth finishers.

The article includes a nifty, real anigif to illustrate how “swarm intelligence” made big money at the track.

The idea originated at the real news outfit TechRepublic.

The trick:

Many minds are better than one.

Should one ask Watson if it can perform the same big payday magic? Nah.

Stephen E Arnold, May 12, 2016

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