Economics’ Not-So-Hidden Hand Behavioral economics has been much in the public eye this century, whether it was Daniel Kahneman’s 2002 Nobel Prize in economics, Robert Shiller’s in 2013, Richard Thaler’s in 2017, or Dan Ariely’s excellent 2008 New York Times best-seller, Predictably Irrational. These works have highlighted that human decision making isn’t informed solely by the…

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(This article has also been translated to Russian here.) Artificial intelligence is giving companies unprecedented insights into our personal information. Can individuals protect their privacy by using applications that add fake data to our online behavior? Recently, the credit-reporting agency EquiFax leaked the social security numbers for almost half of all Americans, causing much anxiety…

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This week in the A. Richard Newton Lecture Series, students had the privilege to listen to Mike Olson, co-founder and former CEO of Cloudera. Olson is not only a two-time UC Berkeley dropout, but also an accomplished engineer, sales associate, and entrepreneur. At his time at Cal, Olson studied Electrical Engineering and Computer Science and…

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“The best minds of my generation are thinking about how to make people click ads. That sucks.” – Jeffrey Hammerbacher, Facebook Hammerbacher’s Lament Are we fated to suffer Hammerbacher’s Lament, with our best minds, and our best data, solely serving the gods of commerce?  What of serving mankind’s existential needs in an area as fundamental…

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This article is will be published in the 2017 Sutardja Center for Entrepreneurship & Technology’s annual journal AIR (Applied Innovation Review) in June 2017. You can see the 2016 version here. Shomit Ghose is a UC Berkeley alum and mentor, venture capitalist, and partner at ONSET ventures. Cognitive Irredentists Arise! A dystopian world: sentient machines…

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