The House Always Wins In The Long Run

In statistics, there’s a theorem called the law of large numbers. It teaches you can’t win in the long run at casino games. It’s why casinos always get rich, and the gambler always gets poor. Robert J. Marks and Sal Cordova discuss gambling, statistics, and mathematics. Show Notes 01:06 | Introducing Sal Cordova 03:11 | The Famous Team: Claude Shannon Read More › Source

Om Podcasten

On the Mind Matters podcast, Discovery Institute’s Walter Bradley Center for Natural and Artificial Intelligence considers the implications and misconceptions, the opportunities and limitations, and the applications and challenges presented by intelligent agents and their algorithms. Episode notes and archives available at mindmatters.ai/podcast.