9
How Pinterest makes its 80 million beauty-related searches less racist #AI
source link: https://nextbigwhat.com/pinterest-ai/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
How Pinterest makes its 80 million beauty-related searches less racist #AI
I like thisUnlike Upvote
- Last month, the social media company launched a new search that uses AI and machine learning to show Pinners more relevant results when looking for hair inspiration.
- Back in 2018, Pinterest launched a tool that lets users narrow down their search by skin tone ranges: Whether they’re shopping for a new foundation or pulling up inspiration for eyeshadow, Pinners are presented with a more personalized feed that reflects how they look.
- The new search is powered by an underlying computer vision model that’s trained on a diverse set of hair-related images. Over time, the model learns to associate certain pixels with certain types of hair patterns. The overarching goal was to ensure AI fairness from the very first step in development.
- The Pinterest team is working on rolling it out to other markets, where cultural nuances may dictate the need for more hair patterns and different definitions of beauty.
Sign Up for NextBigWhat Newsletter
Daily.
What can disrupt online brokers in India? Or exchanges? Well…an outsider
I get asked often, who out there do you think can disrupt the new-age online brokers or even exchanges?
Me: I don’t think it will be another stock brokerage firm or a new stock exchange. It will most likely be an outsider, maybe Crypto. Here is why👇 1/6
In broking or exchange business, both on pricing and product, there is not much left to disrupt. Unless of course, someone figures a way to pay people money for trading (-ve brokerage😉not allowed by regulation) or figures a way to help all customers make money (😬very tough) 2/6
Brokers & exchanges depend on a small group of active traders, ~1million traders for revenue. If they start trading something else, that will disrupt everything. Btw, active traders also provide liquidity, reduce impact cost & risk, & help better price discovery. 3/6
Traders want high leverage, volatility, & markets to be open longer. Crypto😬kind of scores over stocks on these. Of course, trading crypto is a lot riskier & there is no fundamental information for price movements. But greed usually gets the better of most people with time. 4/6
Crypto is what has recently disrupted brokers & exchanges in the US. The AUM of Coinbase is $180 billion, and the crypto AUM of Robinhood Crypto is ~$11.5bil. Many incumbents couldn’t react quickly, fearing regulatory lash back and mostly missed the bus. 5/6
While Crypto is still small in India, we’re in a similar situation as the US, a few years back. The regulatory fear doesn’t allow regulated platforms to offer Crypto. Eventually, if the status quo on regulations continues, traders can move away & disrupt the broking industry 6/6
Sign Up for NextBigWhat Newsletter
Daily.
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK