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From Blackjack to Big Data – The Importance of Avoiding Cognitive Bias

Oct 29, 2015

Datanami

By Alex Woodie, Datanami

One of the most entertaining speakers at yesterday’s CAO Summit was Jeff Ma, a group product manager at Twitter. Before joining Twitter, Ma was a successful blackjack player, and was the inspiration for the book “Bringing Down the House,” which chronicled how he and several other MIT students combined statistical theory and card counting to win millions at Las Vegas casinos.

During a keynote address at the International Institute of Analytics’ event yesterday, Ma related some fascinating stories about gambling in Vegas casinos, the drink preference of NBA players, and hanging out with Hollywood stars. But at the end of the day, he had important advice in the field of analytics.

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