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Man vs. Machine: What Happens When Machines Can Learn (Pedro Domingos)

In January, Google’s AlphaGo crossed a major artificial intelligence threshold by besting human grandmaster Lee Sedol at the famously complex game of Go. The win prompted a flood of news stories about whether humans will become obsolete in a world of increasingly intelligent machines that don’t just follow instructions embedded in code, but actually learn. At Credit Suisse’s 2016 Thought Leader Forum, University of Washington computer science professor Pedro Domingos addressed the state of...

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Putting Data to Work: Lessons from “Moneyball” (Paul DePodesta)

Baseball has always been a statistics-driven game. In 2002, however, the Oakland Athletics, led by then-Assistant Manager Paul DePodesta and General Manager Billy Beane, pioneered a completely new approach to analyzing player data that helped a team with one of the lowest payrolls in the league win 103 games. Most recently the vice president of player development for the New York Mets, in January 2016, DePodesta didn’t just switch teams—he switched leagues, becoming chief strategy officer of...

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Oil: The Great Rebalancing

On June 8, the price of Brent crude ticked above $50 a barrel for the first time since August 2015. But the new $50-plus era came to an end two days later, amid a broader selloff that affected multiple asset classes. Energy analysts with Credit Suisse’s Global Markets team point out, however, that both supply (which is shrinking) and demand (which is growing steadily) point to firming oil prices ahead. Indeed, the bank’s analysts think that after two years of oversupply, the crude oil market...

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Seafaring in Style

In his 1970s boat guide, “The Proper Yacht,” physicist-turned-yachting expert Arthur Beiser declared that, “no object created by man is as satisfying to his body and soul as a proper sailing yacht.” Exactly what constitutes a proper sailing yacht is a matter of personal preference. Today’s elites are clearly smitten with gleaming superyachts with onboard theaters and helipads. But others feel the call of the sea is best answered by a boat of an earlier vintage. What they lack in modern...

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Made in China, For China

China has long been the world’s factory, but the country’s entrepreneurs are increasingly focused on catering to the needs and wants of the Chinese people themselves. Hear Michelle Leung, founder and CEO of Xingtai Capital Management, discuss how the country’s growing middle class will shape consumption and entrepreneurship over the next decade. Visit our website: https://www.credit-suisse.com Connect with us on: LinkedIn: http://www.linkedin.com/companies/cre... Twitter:...

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Chinese Entrepreneurs Turn Inefficiency into Opportunity

Where others see irritating problems, entrepreneurs see opportunities. Hear Credit Suisse Head of China Research Vincent Chan discuss how Chinese entrepreneurs have turned inefficiencies in commerce and finance to their advantage and what their efforts mean for the future of digital innovation in China. Discover more at https://credit-suisse.com/progress Connect with us on: LinkedIn: http://www.linkedin.com/companies/cre... Twitter: http://www.twitter.com/creditsuisse Facebook:...

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They Will Come, Even If You Don’t Build It

Is the U.S. housing recovery still on firm footing? Your view on that will depend on which indicators you choose to believe. For the optimists: New home sales spiked 16.6 percent to 619,000 in April, the highest level recorded since early 2008, while the latest data from the Case-Shiller 20-City Composite Home Price Index shows that prices are 5.4 percent higher in the country’s major cities than they were a year ago. And for the pessimists: April housing starts, though up 6.6 percent...

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