Optimism over the vaccine rollout and a belief that the worst will soon be behind us is causing traders to drive up the price of crude oil futures. Futures are a bet that a certain commodity—crude oil, in this case, the main ingredient in gasoline—will be worth more in the months ahead. Those traders wouldn’t be driving up crude oil futures if they thought the global economy and the state of the world was going to be getting worse, not better. And as it gets better, there will be more demand for crude oil as the machinery of the global economy starts cranking again. … [Read more...] about Why are gas prices rising? Here’s the weird but simple reason you’re paying more right now
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Scientists can hack your nerves so artificial limbs feel lighter
Weight is an objective measurement. If you want an object to weigh less, you need to construct it from fewer, lighter materials. It’s one of many reasons why MacBooks are made of lighter aluminum instead of more durable steel. But weight is, in part, a subjective sensation. Our expectations of how heavy something should be actually affects our perception of its weight. … [Read more...] about Scientists can hack your nerves so artificial limbs feel lighter
Independent auditors are struggling to hold AI companies accountable
HireVue’s assessments can vary from a simple game of math proficiency to custom evaluations that predict specific job outcomes—such as sales or performance reviews—based on resumes, psychometric tests, and video interviews. These custom assessments are expensive and time-consuming to build, and they feasibly could be used for years after their development. Last year, HireVue algorithms analyzed millions of job interviews, of which some unknown percent still use facial analysis. Now, HireVue says it is removing the facial analysis component of these assessments when they come up for review. … [Read more...] about Independent auditors are struggling to hold AI companies accountable
