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Distrust: Big Data, Data-Torturing, and the Assault on Science
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This thought-provoking book argues that, ironically, science's credibility is being undermined by tools created by scientists themselves. Scientific disinformation and damaging conspiracy theories are rife because of the internet that science created, the scientific demand for empirical evidence and statistical significance leads to data torturing and confirmation bias, and data mining is fuelled by the technological advances in Big Data and the development of ever-increasingly powerful computers.
Using a wide range of entertaining examples, this fascinating book examines the impacts of society's growing distrust of science, and ultimately provides constructive suggestions for restoring the credibility of the scientific community.
- ISBN-100192868454
- ISBN-13978-0192868459
- PublisherOxford University Press
- Publication dateMarch 23, 2023
- LanguageEnglish
- Dimensions9.46 x 0.97 x 6.49 inches
- Print length336 pages
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About the Author
Gary Smith is the Fletcher Jones Professor of Economics at Pomona College. He received his Ph.D. in Economics from Yale University and was an Assistant Professor there for seven years. He has won two teaching awards and written (or co-authored) more than 100 academic papers and 15 books. He is the author of The AI Delusion (OUP 2018) and co-author with Jay Cordes of The 9 Pitfalls of Data Science (OUP 2019), which won the 2020 Prose Award for Excellence in Popular Science & Popular Mathematics by the Association of American Publishers.
Product details
- Publisher : Oxford University Press (March 23, 2023)
- Language : English
- Hardcover : 336 pages
- ISBN-10 : 0192868454
- ISBN-13 : 978-0192868459
- Item Weight : 1.62 pounds
- Dimensions : 9.46 x 0.97 x 6.49 inches
- Best Sellers Rank: #758,228 in Books (See Top 100 in Books)
- #64 in Internet Web Browsers
- #1,300 in Artificial Intelligence & Semantics
- #2,521 in History & Philosophy of Science (Books)
- Customer Reviews:
About the author
Gary Smith is the Fletcher Jones Professor of Economics at Pomona College in Claremont, California. He has written (or co-authored) ten books and seventy-five academic papers on finance, sports, and statistical pitfalls. His research has been featured in the New York Times, Wall Street Journal, Forbes, Motley Fool, Newsweek and BusinessWeek. He was a guest speaker on CNBC, and a keynote speaker at the Brookings Institution in Washington DC and the Mortgage Finance Industry Summit in New York City. He received his B.A. in Mathematics with Honors from Harvey Mudd College and his Ph.D. in Economics from Yale University.
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> One successful Midwestern banker recalled his start in the business:
> Well, I didn’t have much to do and so I rented an empty store and painted “bank” on the window. The first day a man came in and deposited $100, and a couple of days later, another man deposited another $250 and so along about the fourth day I got confidence enough in the bank to put in $1.00 myself.
Gary Smith also printed this highly dubious anecdote in at least one earlier work ("Money Machine", 2017).
Briefly Googling, the earliest instance of this story I could find was from a 1914 newspaper article, where the banker was from Wisconsin. In another 1916 newspaper article, he's instead from Kentucky. The story then also appears in the 1922 book "More Toasts: Jokes, Stories and Quotations".
This hardly appears to be a credible story. But no matter. As the motto of too many economists goes, "Never let the facts get the way of a good story/theory."
This is highly ironic for a book about "Distrust", disinformation, data mining, and bad science.