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Quote by Cathy O'Neil

“Especially from my experience as a quant in a hedge fund - I naively went in there thinking that I would be making the market more efficient and then was like, oh my God, I'm part of this terrible system that is blowing up the world's economy, and I don't want to be a part of that.”

Author

Cathy O'Neil

Cathy O'Neil is an expert in data science and statistics, with a focus on data analysis and machine learning. Her work centers on ethical and fairness issues within these fields. more

“It's a standard thing you hear from startup people - that their product is somehow improving the world. And if you follow the reasoning, you will get somewhere, and I'll tell you where you get: You'll get to the description of what happens to the winners under the system that they're building.”

People Ifs World Happens Building Products Standards Winner Reasoning Description Improving

Author:Cathy O'Neil

“Every system using data separates humanity into winners and losers.”

Humanity Data Winner Loser Winner And Loser

Author:Cathy O'Neil

“An insurance company might say, "Tell us more about yourself so your premiums can go down." When they say that, they're addressing the winners, not the losers.”

Might Company Winner Loser About Yourself Insurance Companies

Author:Cathy O'Neil

“That's what we do when we work in Silicon Valley tech startups: We think about who's going to benefit from this. That's almost the only thing we think about.”

Thinking Benefits Valleys Silicon Silicon Valley

Author:Cathy O'Neil