Artificial Intelligence and the Stability of Markets
Artificial intelligence (AI) is useful for optimally controlling an existing system, one with clearly understood risks. It excels at pattern matching and control mechanisms. …
Silicon Valley Rejects Shareholder Value Theory
These were not top-tier b-school alum; they were writers, computer programmers, online forum moderators and ended up owing a fortune. …
Private Equity Firms Sued Over Retailer Bankruptcies
Gymboree’s June bankruptcy filing occurred days after it couldn’t make a semiannual interest payment on debt dating back to Bain Capital’s $1.8 billion 2010 buyout. …