risk

73 bookmarks · page 1 of 2
2026-05-08 · asteriskmag.com

Are Prediction Markets Good for Anything?

We all know they’re casinos. It’s time to look at the data behind the froth.

The vast majority of these bets are not on questions that might produce useful information. Roughly 90% of Kalshi’s trading volume (dollars exchanging hands between bettors) is from sports betting, making Kalshi effectively a sports gambling website with a small prediction market attached. I find…
I’ve found that the benefits of prediction markets fall into five different categories.
2026-03-17 · scientificamerican.com

The false positive paradox explains why you misjudge risk

Here’s how a mathematical paradox distorts our view of news, safety and statistics

Welsh police learned this lesson the hard way during the 2017 Union of European Football Associations Champions League final. They deployed cameras throughout Cardiff, where the soccer event was held, and used automated facial-recognition software to analyze the footage. The software scanned the…
2026-02-09 · venturebeat.com

What AI builders can learn from fraud models that run in 300 milliseconds

Mastercard's Decision Intelligence Pro uses recurrent neural networks to analyze 160 billion yearly transactions in under 50 milliseconds, delivering precise fraud risk scores at 70,000 transactions per second during peak periods.

that transaction flows through Mastercard’s orchestration layer, back onto the network, and then on to the issuing bank. Typically, this occurs in less than 300 milliseconds.
they’re not looking for anomalies, per se; they’re looking for transactions that, by design, are similar to consumer behavior
2024-07-24 · bobsullivan.net

ARCHIVE: Why Plan B often goes badly — bobsullivan.net

ARCHIVE, March 18, 2011 — Engineers used to talk about guarding against the “single point of failure” when designing critical systems like aircraft control systems or nuclear power plants. But rarely does one mistake or event cause a catastrophe. As we’ve seen in Japan, disaster…

2024-05-21 · longform.asmartbear.com

Rare things become common at scale

Software doesn't scale through architecture and automation alone. New, more difficult problems appear that didn't exist before, causing new downstream consequences.

2023-02-20 · hbr.org

Research: How Risky Behavior Spreads

How does risky behavior spread? There are two theories: one involving social cues and the other involving trial-and-error. Covid-19 offered a chance to study this phenomenon and found evidence for both. In particular, the authors’ research documents a phenomenon of “risk creep,”…

2022-07-19 · tomtunguz.com

The 11 Risks VCs Evaluate by @ttunguz

Though the industry is called venture capital, the goal of a VC isn’t to maximize every risk. Instead, we try to understand all the risks a business might face and weigh those risks with the reward - the exit. Here are the major risks that I typically review when a startup…

2022-07-18 · hbr.org

A 6-Part Tool for Ranking and Assessing Risks

Developed during World War II, CARVER is a tool for assessing and ranking threats and opportunities. It can be both offensive and defensive, meaning it can be used for identifying your competitors’ weaknesses and for internal auditing. CARVER can help risk management…

2022-07-18 · practicalecommerce.com

SEO How-to, Part 11: Mitigating Risk

The risk to organic search performance from altering a website usually comes from changes to content, linking structures, or underlying technology. With careful planning and execution, however, you can mitigate the risk from those changes and increase the likelihood of better…

2022-07-05 · eugenewei.com

“Platform” risk — Remains of the Day

Last night, Twitter curtailed Meerkat's access to its graph . I saw lots of discussion on Twitter (I'd say this was ironic but it's just expected) about why and whether Twitter should just compete on its own merits with its recent acquisition Periscope . Some have termed what…