Pitch Engine
The Times Real Estate

.

What businesses can learn from sports about using algorithms

  • Written by Uri Gal, Associate Professor in Business Information Systems, University of Sydney
imageSport algorithms aren't working for business.Shutterstock

You may have heard that algorithms will take over the world. But how are they operating right now? We take a look in our series on Algorithms at Work.

Replacing human decision-making with algorithms seems to make sense. People tend to rely on unreliable cognitive shortcuts, get fatigued or...

Read more: What businesses can learn from sports about using algorithms

More Articles ...

  1. How gig economy workers will be left short of super
  2. Why the new banking laws won’t be the slam dunk the government is expecting
  3. Why craft beer is going corporate
  4. Middle-income earners probably won't be paying as much tax as the government expects
  5. How marketers use algorithms to (try to) read your mind
  6. Vital Signs: the spooky mortgage risk signs our bankers are ignoring
  7. Three charts on: disability discrimination in the workplace
  8. Australian consumer law is failing beer drinkers
  9. Slashing penalty rates: a misguided response to problems of the past
  10. Explainer: how our understanding of risk is changing
  11. What should Australian companies be doing right now to protect our privacy
  12. Whatever happened to the 15-hour workweek?
  13. What the Nobel Prize tells us about the state of economics
  14. How refugees overcome the odds to become entrepreneurs
  15. Is faster profit growth essential for a pick-up in wages growth?
  16. Three charts on: the great Australian wealth gap
  17. Australian regulators have finally made a move on initial coin offerings
  18. What Twitter can learn from that time Coca Cola changed its formula
  19. The beautiful social media game: A-League winners and losers on Twitter
  20. Australia needs new insolvency laws to encourage small businesses
  21. The rise of the corporate campus
  22. The economic reasons why Australia needs a stronger space industry
  23. Introverts think they won't like being leaders but they are capable
  24. Vital Signs: don't count your economic chickens before they hatch
  25. Here's 49 small communities innovating as well as the big cities
  26. What we can do once the banks give us back our data
  27. China’s crackdown on cryptocurrency trading – a sign of things to come
  28. It may not be beautiful but the new ten dollar note is pretty secure
  29. Bike sharing schemes might seem like a waste of space but the economics makes sense
  30. Three charts on: who holds more than one job to make ends meet
  31. Income inequality may be declining but financial vulnerability is increasing
  32. An ABC News story shows how strange going viral can be
  33. We're on our way to making whistleblower protections more than theoretical
  34. How skills and personality traits contribute to the gender pay gap
  35. Income inequality ticks down as the rich see their incomes fall: ABS
  36. Beyond cats and Kardashians: can journalism satisfy audiences without dumbing down?
  37. The economics of ticket scalping
  38. How market forces and weakened institutions are keeping our wages low
  39. How to stop businesses stealing from their employees
  40. How the 'tyranny of distance' affects the Australian economy
  41. Explainer: how international competition affects how much you earn
  42. How shopping centres are changing to fight online shopping
  43. Not just nice to have: nature in the workplace makes employees happier and healthier
  44. Vital Signs: living in the past won't distract from our current economic woes
  45. We tracked how investors read company reports and here's how they're misled
  46. The impact of CBS's takeover of Ten is much larger than just one network
  47. Women paid less for same contribution to work, and sexism is to blame - study
  48. Personal boundaries can be lost in translation for Chinese professionals in Australia
  49. Business Briefing: the 'get rich quick scheme' influencing what you buy
  50. Banks shouldn't underestimate the risk of concentration in the housing market