Stories like this (And Paul the Octopus, who I see was mentioned already) are exactly the same thing. Thousands of people are trying to using deep learning (i.e. stats), or other crazy methods as in this article, to make predictions. Of course every now and then one of them is going to work better than expected. This would be the case even if people were simply using random numbers. But we ignore all the ones that fail and give heaps of attention to the Pauls.
For instance, you have a statistical population of one hundred men and one hundred women: you collect as much data as possible about them - as many features as possible, actually - until you find something which happens to be statistically significant for your group (eg. salt consumption). Then, you publish your results, pretending that the feature you found was the original hypothesis for the study ("Our study confirms that salt consumption is higher in males.")
'Salt consumption can increase the risk of liver consumption for middle-aged males of African descent'
[0] https://medium.com/message/how-to-always-be-right-on-the-int...
Source: https://arxiv.org/abs/1109.2825
And here's a slightly more exciting description of a talk one of the authors gave on that topic at UMass Amherst last year:
https://www.physics.umass.edu/seminars/statistics-of-basketb...
EDIT: I was too stupid to realize that the paper linked above actually supports the parent's opinion, i.e. the idea that successful predictions are statistical artifacts, contrary to what I was thinking earlier.
1. They made the predictions well before hand and released them to the public.
2. As the article stated, they also did the same thing with Hockey, Derby, and Academy Awards.
There was absolutely SOME luck involved, however, because I don't believe that, for instance, there is zero randomness in the World Series, which would have to be the case if one could absolutely predict it accurately.
[UPDATE: to be clear, I'm assuming that Unanimous didn't make thousands of similarly high-level predictions, and then only report the ones that did well. I think that's a reasonable assumption, because there aren't thousands of high-level predictions on the level of the Oscars and World Series.]
[UPDATE 2: I just registered at the site. It appears that many people can ask the same question, many times. The same question looks like it can be asked, in fact, many thousands of times. If they were simply cherry-picking the one answer out of thousands that was correct, then this is p-hacking. However, the press release is listing questions asked by prominent entities such as Newsweek and TechRepublic. There aren't all that many of such entities asking such questions of UNU. So the water is a little murky, but it still looks like UNU is doing something impressive.]
(no seriously, great comment)
https://www.bostonglobe.com/sports/redsox/2016/10/04/group-g...
That's pretty different than sending out thousands of random predictions. This was ONE prediction about MLB.
http://www.newsweek.com/artificial-intelligence-turns-20-110...
At the moment your comment history doesn't make a great argument, eg: https://news.ycombinator.com/item?id=11663155
They claim they made the prediction in early July, but link to a newspaper article dated 4 August that indicates the predictions were made just one day earlier.
They picked the team with the best record all season long to win the championship. They got one of the division winners wrong.
Just publishing the current favorites from MLB.com's probability page [0] as of 3 August would have also gotten 9 of 10 postseason teams correct, including going 6/6 on division winners. So the 'knowledge' of fans voting actually did worse than a monte carlo simulation.
I'm not impressed.
There's no way this should be considered predicting the "full baseball post-season," and I am not seeing any evidence that it happened in July. Wish they'd have shared it.
[0] http://mlb.com/mlb/standings/probability.jsp?ymd=20161002
http://unu.ai/wp-content/uploads/2016/10/Crowds-Vs-Swarms-SH...
"A group of Boston Globe readers accurately predicted nine of baseball’s 10 playoff teams after participating in a 30-minute online experiment using Unanimous A.I.’s Swarm Intelligence on Aug. 3."
So they don't credit the AI as much as the readers. I agree it is all fishy. Someone trying to pump up the value of their company.
So, the Boston Globe provided the people and provided the questions... they formed a Swarm Intelligence, and made the predictions.
The Boston Globe did this to see if the swarm intelligence could make strong picks. It did.
Same thing with their Kentucky Derby prediction this year. The swarm literally decided the horses in the exact odds they were going off at (which makes sense since gambling odds by their very nature are "the wisdom of the crowd") and that's how they finished.
Correctly predicting who would advance in the post season is mostly luck.
It does not match my definition of A.I:
"UNU enables groups of online users to think together as a unified emergent intelligence -- a "brain of brains" that can express itself as a singular entity. Touted to as the world's first "hive mind," the UNU platform has had over 60,000 human participants in swarming sessions this year, together answering over 250,000 questions."
Also I would reasonably expect some of those 250.000 questions to beat the odds and get answered right.
https://www.bostonglobe.com/sports/redsox/2016/10/04/group-g...
2) The experiment was published in August, when the regular season was already two thirds completed. The cubs were well ahead of everybody at that point and were favourites to win (although in baseball that doesn't necessarily mean you are going to win in the postseason). Here are the standings at that Date: http://www.baseball-reference.com/games/standings.cgi?year=2...
You can see that the 10 playoff teams were ranked 1-5 in each league at that point. So predicting the playoff teams was just "Which 10 teams are leading right now", which they asked humans about.
The AI didn't predict the full post-season, just which two teams would be in the World Series, which happened to be the team everybody thought it would be from one league and the second placed team from the other.
It is used sometimes in scientific and medical research. An automated tool is pretty neat, but like others said, it doesn't really classify as AI. I'm not sure how much money I would really put down on the bets the site makes, but it is similar in some ways to the scandal that rocked Draft Kings/Fan Duel, where admins were using high-level data to make bets on opposing systems. They did in fact make money.
Well, one of the greatest Tamara Rand jokes was from CNN sports tonight: "The Cubs are predicted to win the World Series. Only thing is it was predicted by Tamara Rand."
Quite cool at a time when tv commentary was never light hearted.
I have no evidence one way or the other but would be interested to see more context.
https://www.bostonglobe.com/sports/redsox/2016/10/04/group-g...
Also why the stated historical performance for your 401k funds are probably tricking you.