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Quotes tagged “Average Is Over”

“As Pole's computers crawled through the data, he was able to identify about 25 products that, when analyzed together, allowed him to assign each shopper a 'pregnancy prediction' score. More important, he could also estimate her due date to within a small window, so Target could send coupons timed to very specific stages of her pregnancy. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, The future, Wow
“It's the manager who is the scarce input...”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Management
“As in chess, we can expect to see dramatic gains in the personal and professional lives of people who interpret machine feedback—of all kinds—quickly. A particular personality trait that doesn't come easily to everyone will be needed in a lot of situations: the ability to handle or maybe just ignore the ongoing appearance of stressful situations. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Self-improvement
“It's interesting to see how Cleverbot convinces a lot of people that it is human. It doesn't try to respond logically to every query, or to correctly parse every sentence from the human. Instead it tries to mimic how an incoherent or slightly crazed human would converse—or perhaps how a pickup artist would try to dazzle a sweet young thing with banter—as its best chance of doing a passable imitation. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Artificial intelligence, Average Is Over, Cleverbot, Facts
“Outsourcing is still a smaller phenomenon than many people think. Currently imports from China are measured at about 2.7 percent of US consumer spending. Furthermore, for each dollar of imports from China, about fifty-five cents was ultimately spent in the United States preparing the import in some manner. That leaves Chinese imports, measured in terms of true net impact, at about 1.3 percent of American spending. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Outsourcing
“Immigration is vital to the future economic vitality of the United States. If that immigration is Latino, as indeed it often is in the United States, the longer-run effect is to build up entrepreneurship and democratic values in the other countries in this hemisphere. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Immigration
“Southern Germany is an extremely productive region and we can expect it will become more crowded and also more productive. The top German firms are generating some impressive learning curves.”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Investing, Investing ideas
“...studies of spelling bees show that the winning spellers are those who not only work hard, but who engage in disciplined forms of study that do not always yield immediate positive feedback.”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Self-improvement
“Of course, educational institutions aren't ready to admit how much they share with churches. These temples of secularism don't want to admit they are about simple tasks such as motivating the slugs or acculturating people into the work habits and sociological expectations of the so-called educated class. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts
“It is rumored that Richard Eng, one of the leading tutor kings, pulls in $1.5 million a year; his face is on billboards, he drives a Lamborghini, and his license plate reads simply 'Richard.'”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Average Is Over, Facts, Heh
“An intelligent machine might come up with a new theory of cosmology, and perhaps no human will be able to understand or articulate that theory. Maybe it will refer to non-visualizable dimensions of space or nonintuitive understandings of time. The machine will tell us that the theory makes good predictions, and if nothing else we will be able to use one genius machine to check the predictions of the theory from the other genius machine. Still, we, as humans, won't have a good grasp on what the theory means and even the best scientists will grasp only part of what the genius machine has done. It would be like trying to explain the Periodic Table of Elements to a five-year-old. Maybe it can be done, but it will hardly serve as an easily grasped, intuitive understanding of what is going on. ”
— Tyler Cowen, Average is Over: Powering America Beyond the Age of the Great Stagnation
Tagged: Artificial intelligence, Average Is Over, Facts, The future

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This page was created by our editorial team. Each page is manually curated, researched, collected, and issued by our staff writers. Quotes contained on this page have been double checked for their citations, their accuracy and the impact it will have on our readers.

Kelly Peacock is an accomplished poet and social media expert based in Brooklyn, New York. Kelly has a Bachelor's degree in creative writing from Farieligh Dickinson University and has contributed to many literary and cultural publications. Kelly assists on a wide variety of quote inputting and social media functions for Quote Catalog. Visit her personal website here.

Kendra Syrdal is a writer, editor, partner, and senior publisher for The Thought & Expression Company. Over the last few years she has been personally responsible for writing, editing, and producing over 30+ million pageviews on Thought Catalog.