Robot reporter crunches financial data
Posted: 21/08/06 By: Robert Andrews
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US business information provider Thomson Financial is to expand its use of automatic computer programmes to write news stories.
Thomson, which last month acquired the London-based AFX financial news service from AFP, has been using an automated facility to replicate the work of business journalists since March.
The robot reporter can crunch market data in financial reports and file a wire copy round-up with real English sentences within 0.3 seconds of a business releasing the information, according to the company. Thomson has been so pleased with results, it will now widen the scheme's use, Matthew Burkley, senior vice-president of strategy, told the Financial Times.
But the system was criticised by Associated Northcliffe Digital strategic analyst Seamus McCauley, who wrote on his blog: "An automatic news generator is unlikely to pick up the nuances of pro forma reporting.
"Traders executing automatically on the basis of nuanceless computer-generated news are going to get themselves into all sorts of problems when a closer examination of the data reveals that the formulaic constraints of regulated reporting simply don't often reflect the meaning of the news."
ISO: Story Arc or "whatever happened to ..."
We've all become familiar with the little chicklet icons for social tagging, saving, sending, promoting, and reposting. What I'd like to see is a chicklet that lets me find out what's happened about this story since it was originally published? Call it story arc, or something along those lines. This would be a great challenge to natural language gurus to extract meaning, context, and nuance (the supposed st. elmo's fire of the post below) and of great practical use to humans. So this is another item I'm scanning for Too.Late candidates. Please feel free to clue me with a comment if I've missed the obvious. For example, what's happened on this topic, since the "robots took over" ...
Foot-tap-tap-tap ... still WAITing ... Bluetooth Watch Phones
I'm still waiting to name a Too.Late winner in this category. What's the big hold up?
Come on, people ... how hard can this possibly be? I've been describing this device to friends around the Stanford campus for at least a couple of years, now.
Sony is getting the form factor right, but functionality wrong. Currently, this looks like the FOLIO of bluetooth phones; didn't you get the memo from Jeff Hawkins, Sony? CONSUMERS DON'T WANT multiple mobile devices to extend our multiple mobile devices. We want MULTIFUNCTION UNIFICATION and DESIGN ELEGANCE.
Now that phones are nothing more than single chips, convolutely obfuscated by the necessity of big clunky human interface accouterments like buttons and screens and dials and rockers, there is no reason to keep thinking of Phone As Phone, in the classical sense. ANYTHING can be a damned phone, including a REGULAR SIZED watch. The phone chip, by design, already has a "watch" inside it for crying out loud! They're handing this to you on a silver platter, manufacturers.
I've said it many times before, but apparently it bears repeating:
Come on, people ... how hard can this possibly be? I've been describing this device to friends around the Stanford campus for at least a couple of years, now.
- GET OVER your addiction to keypads and buttons and screen.
- GET USED to voice interaction with computers.
Sony is getting the form factor right, but functionality wrong. Currently, this looks like the FOLIO of bluetooth phones; didn't you get the memo from Jeff Hawkins, Sony? CONSUMERS DON'T WANT multiple mobile devices to extend our multiple mobile devices. We want MULTIFUNCTION UNIFICATION and DESIGN ELEGANCE.
Now that phones are nothing more than single chips, convolutely obfuscated by the necessity of big clunky human interface accouterments like buttons and screens and dials and rockers, there is no reason to keep thinking of Phone As Phone, in the classical sense. ANYTHING can be a damned phone, including a REGULAR SIZED watch. The phone chip, by design, already has a "watch" inside it for crying out loud! They're handing this to you on a silver platter, manufacturers.
I've said it many times before, but apparently it bears repeating:
Truly, there is no reason why I should be able to buy one of these at Fry's Electronics or Best Buy for Christmas 2008. So let's get crackin', shall we?
- I want a STANDARD FORM FACTOR watch with the phone chip inside. Can provide variety and choice for consumers by creating many classical analog and digital form factors.
- The watch comes with bluetooth ear piece, pre-paired and tested from the factory, but is also 100% compatible with any after-market bluetooth ear piece.
- Yes, AS ALWAYS, we engineers will scream that we need to get even more creative than ever with both antennas and batteries. BUT, an antenna on a wrist is most certainly less risky to brains than antennas near craniums.
- There may be opportunities for very compact and innovative solar batteries. Unlike a solar-powered phone, a device worn on the wrist has a MUCH higher probability of capturing at least some non-zero amount of juice for anybody who goes outside with any regularity (hopefully, we all do that, for our own sakes).
- Here's how you work the stupid thing:
- Push button on either watch or ear piece to activate interaction mode.
- Say one-word introductory command such as, "Call" ... "Dial" ... "Voicemail" ... "Email" ... "Find" ... blah, blah, blah.
- After call or dial, simply speak the number "650 555 1212" (yeah, yeah, yeah, user settings deal with default country code or allow for speaking country code on every call for that type of user). This is TRIVIALLY easy to do with today's voice recognition.
- Rest of menu choices follow probabilistic hierarchical choices, per existing phone user behavior understanding.
- Blah, blah, blah, I'm not going to write your whole design spec, here. You'd have to hire me for that.
Powered by ScribeFire.
Make Hyperlinks a Crime
This ignominious Too.Late goes to the Gloucestershire County Council, UK, in association with a group called The Federation Against Copyright Theft (FACT www.fact-uk.org.uk) -- you didn't really think I'd actually dare create a link to them, did you? -- for shutting down and arresting a 26 year old who provided links to videos hosted on the internet. FACT went after this kid because it was the Cheap, Easy Kill instead of actually PURSUING THE LEGAL OFFENDERS, which include Google Video and others who host vast repositories of anachronistically-categorized illegal content.
Hell-ooo ... clearly, Google and others are the pirate video web sites here, not some kiddie site that merely points to that content.
The fact is that FACT's move is akin to the police arresting you because you told someone where to find an underground massage parlor or other house of similarly ill repute. Just because you TELL someone where they can go to find trouble does not mean that you forced them to go to the trouble, much less can you be held responsible for operating the trouble itself.
For example, your buddy goes to the Happy Endings massage parlor and the police come and arrest you. They don't go raid the parlor, they don't to shake down your buddy, they arrest YOU, because you told your buddy where he could find the trouble.
Hell-ooo ... clearly, Google and others are the pirate video web sites here, not some kiddie site that merely points to that content.
The fact is that FACT's move is akin to the police arresting you because you told someone where to find an underground massage parlor or other house of similarly ill repute. Just because you TELL someone where they can go to find trouble does not mean that you forced them to go to the trouble, much less can you be held responsible for operating the trouble itself.
For example, your buddy goes to the Happy Endings massage parlor and the police come and arrest you. They don't go raid the parlor, they don't to shake down your buddy, they arrest YOU, because you told your buddy where he could find the trouble.
A man is now in prison because he runs a site where other people can link to low-resolution tv shows, hosted by Google. FACT did not raid Google, they raided a site which merely links to TV shows.Additional useful coverage and clueful context by Reddit and GeeksAreSexy.
Sue The Entire Internet and make the Ultimate Fool of Yourself
This ignominious first goes to none other than the RIAA.
WTF???!!! Sue USENET??? Why not just sue NNTP? Or the Entire Internet, while you're at it? This is beyond absurd. You can't sue a stream of electrons or a communications protocol.
Moreover, there is absolutely ZERO excuse for a source like Wired Magazine to refer to Usenet as "a message board." For goodness sake, the RIIA might as well sue the INTERNET. In fact, without Usenet one could build a convincing argument that there would be no World Wide Web as we know it. You might as well make the Internet illegal. It is absolutely inexcusable from publication with such deep technological roots to not defend Usenet to the utmost.
AN ALL CAPS, NETGODZ AND FOUNDING FATHERS WAG-OF-THE-FINGER AT THE RIAA!
WTF???!!! Sue USENET??? Why not just sue NNTP? Or the Entire Internet, while you're at it? This is beyond absurd. You can't sue a stream of electrons or a communications protocol.
Moreover, there is absolutely ZERO excuse for a source like Wired Magazine to refer to Usenet as "a message board." For goodness sake, the RIIA might as well sue the INTERNET. In fact, without Usenet one could build a convincing argument that there would be no World Wide Web as we know it. You might as well make the Internet illegal. It is absolutely inexcusable from publication with such deep technological roots to not defend Usenet to the utmost.
AN ALL CAPS, NETGODZ AND FOUNDING FATHERS WAG-OF-THE-FINGER AT THE RIAA!
Pay Whatever you Want for New Music Release
Radiohead ponies up with a major global brand first: PAY WHATEVER YOU WANT. Sure, many up and coming artists have experimented with this model, but this is RADIOHEAD ... they could clearly defend the old machine (as Metallica and others before them) if they so chose. This is a bold and brilliant move that I hope we will all reward and validate by doing the right thing with this opportunity.

So go now ... and if you truly have NO MONEY, go ahead and get it for free.

But if you really want to see the market for music radically shifted in YOUR FAVOR, then pay something ... anything ... preferably, pay what you really think the art is worth.
Finally, why not order the very impressive full box set (which still includes a FREE download)? It's full of interesting historical artifacts and bonus material.

So see? It's never too late to be the FIRST in your neighborhood to DO THE RIGHT THING and thereby, change the world for the better.
So go now ... and if you truly have NO MONEY, go ahead and get it for free.
But if you really want to see the market for music radically shifted in YOUR FAVOR, then pay something ... anything ... preferably, pay what you really think the art is worth.
Finally, why not order the very impressive full box set (which still includes a FREE download)? It's full of interesting historical artifacts and bonus material.
So see? It's never too late to be the FIRST in your neighborhood to DO THE RIGHT THING and thereby, change the world for the better.
Make Insertion of Timed Comments in Video Trivially Simple
Looks like Viddler.com was first to really get this right. As always, your corrections and pointers to prior art welcomed.
Create a Web Startup that's Older and Cooler than Google
DreamHost Turns 10 at roughly the same time Google turns 9. While Google may be full of trillionaires, that kind of startup success comes only from the lightening strike rarity of copping a check from Doer or Jurvetson, et al., at the right shmooze fest. In contrast, Dreamhost is indeed the Everyman's success story. No adopted rich uncles, no stable of cling-on lawyers, nobody breathing down your neck -- except for your customers, who's job it is to breath down your neck so that you have a job, and your career independence.
Congratulations to the Original Four Honchos and all the contributors along the way. While $1,000/share stock targets may be the ultimate dream for the architects of World Domination and Galactic Surveillance; MOST young entrepreneurs just need to know that they can indeed band together with a few friends and given a Good Idea, Hard Work, and Perseverance ... make a living doing what they want to do.
Sure, the Google golem is a wonderfully phantasmagorical freak of nature, a beasty braniac behemoth that has changed our world forever; but Dreamhost represents today's authentic and ATTAINABLE American Dream, and like any good older Brother or Sister, it reminds it's bling-laden sibling of the values that used to bind them.
Namely, Dreamhost's success can be attributed to it's unspoken and unadvertised implicit tagline:
So let's get these Dreamhost founders on GMA and the The Big Idea and let's get Americans back to seeking and finding the attainable instead of medicating themselves into oblivion because the odds of breaking out of a social class today have dropped faster and farther than Vonage stock.
Congratulations to the Original Four Honchos and all the contributors along the way. While $1,000/share stock targets may be the ultimate dream for the architects of World Domination and Galactic Surveillance; MOST young entrepreneurs just need to know that they can indeed band together with a few friends and given a Good Idea, Hard Work, and Perseverance ... make a living doing what they want to do.
Sure, the Google golem is a wonderfully phantasmagorical freak of nature, a beasty braniac behemoth that has changed our world forever; but Dreamhost represents today's authentic and ATTAINABLE American Dream, and like any good older Brother or Sister, it reminds it's bling-laden sibling of the values that used to bind them.
Namely, Dreamhost's success can be attributed to it's unspoken and unadvertised implicit tagline:
"We ALWAYS tell you the TRUTH when stuff is borked: even if it's embarrassing or stupid on our part."As I said, this is not DH's tagline, but it's what I've EXPERIENCED from them, as a customer. Unless you've been a long time customer of Dreamhost like I have, it's impossible to convey how wonderfully refreshing it is to experience this philosophy in action. Alas, without that prerequisite promise and proven performance thereof, any slick SEC-filed sermonette about not being evil is pretty much destined for the usual pulpit-dweller's outcome.
So let's get these Dreamhost founders on GMA and the The Big Idea and let's get Americans back to seeking and finding the attainable instead of medicating themselves into oblivion because the odds of breaking out of a social class today have dropped faster and farther than Vonage stock.
Create a Heirarchical Temporal Memory Platform
This one speaks best for itself:
"Numenta was formed to develop and promote a technology called Hierarchical Temporal Memory, or HTM. We are confident that the principles underlying HTM are the same principles that govern much of the operation of the human neocortex; thus, HTM enables the creation of machines that have some of the capabilities of the human brain. We see HTM as a fundamental new computing methodology able to solve longstanding problems in artificial intelligence and machine learning. Be sure to read the white paper on our web site that describes the basics of HTM and what it can do.
We believe that the potential applications for HTM are broad and far-reaching; yet we know that our small company can only work on a piece of this application potential. Consequently, our goal is to create an industry built on HTM, opening up the platform to the world of creative developers. To this end, we have created a set of software tools that allows anyone to experiment with HTM, to apply HTMs to different problems, and to extend the tools. We call this set of tools the Numenta Platform for Intelligent Computing or NuPIC, and we have made it available for anyone to download under license."
"Numenta was formed to develop and promote a technology called Hierarchical Temporal Memory, or HTM. We are confident that the principles underlying HTM are the same principles that govern much of the operation of the human neocortex; thus, HTM enables the creation of machines that have some of the capabilities of the human brain. We see HTM as a fundamental new computing methodology able to solve longstanding problems in artificial intelligence and machine learning. Be sure to read the white paper on our web site that describes the basics of HTM and what it can do.
We believe that the potential applications for HTM are broad and far-reaching; yet we know that our small company can only work on a piece of this application potential. Consequently, our goal is to create an industry built on HTM, opening up the platform to the world of creative developers. To this end, we have created a set of software tools that allows anyone to experiment with HTM, to apply HTMs to different problems, and to extend the tools. We call this set of tools the Numenta Platform for Intelligent Computing or NuPIC, and we have made it available for anyone to download under license."
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