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Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Make a Machine to Play Chess

If you could define exactly a definite procedure, tell somebody exactly how to think, then you can get the system to work. But nobody knows what we'd do or how to define a series of steps which correspond to something that's struck like thinking. So nevertheless, we could make the machines which play chess, which are supposed to be something that takes thinking. And what exactly do they do? What definite procedure could you make with a big file system and very fast operated gadget by which the thing could be used to play chess? Never mind the input and output, the information of whether pieces on the chessboard are converted into numbers or bots and so forth. Things in zeros they're called

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