glifchits
Joined 13 years ago
Joined 13 years ago
To your question, other work on success prediction of tweets [1, 2] demonstrates that past-performance is indeed much more predictive than the typical content features. This way of looking at success of "cultural products" assumes it depends to varying extents on both inherent "quality" (measured by content features), and the social processes of sharing (which are much harder to understand ahead of time, as the paper I referenced in my parent post shows).
[1] Martin, T., Hofman, J. M., Sharma, A., Anderson, A., & Watts, D. J. (2016). Exploring Limits to Prediction in Complex Social Systems. Proceedings of the 25th International Conference on World Wide Web - WWW ’16, 683–694. https://doi.org/10.1145/2872427.2883001
[2] Bakshy, E., Hofman, J. M., Mason, W. A., & Watts, D. J. (2011). Everyone’s an Influencer: Quantifying Influence on Twitter. Proceedings of the Fourth ACM International Conference on Web Search and Data Mining - WSDM ’11, 65. https://doi.org/10.1145/1935826.1935845
In the section on dataset features, they include "popularity" (calculated by Spotify) as well as Billboard chart stats like weeks, rank, and a custom-made "score". To me it's not clear whether these features were hidden from the train/test sets or whether the popularity features were only used in their "artist past performance" measures.
If they included these popularity features, it's like asking "can we predict whether a song is a hit just by looking at how popular it is?" If it is the case that they peeked into the future and observed ex-post song popularity, obtaining just 89% accuracy hints at how unpredictable song success truly is. Check out [1] for a famous study of song success which experimentally demonstrates the unpredictability of song success.
[1] Salganik, M. J., Dodds, P. S., & Watts, D. J. (2006). Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market. Science, 311(5762), 854–856. https://doi.org/10.1126/science.1121066
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I think you're right. I prefer the `as` variant for readability.I'd also add that using an AI also doesn't necessarily mean something opaque. A hand-made decision tree would be preferable to a neural net, for example. The decision tree could prompt you for your human decision if it encounters an outlying, uncertain instance.
If I understand, your argument is that self-assessed taxes would eliminate investment efficiency.
The property owner should factor transaction costs into their own value of the building. This would increase their assessment of the land-value, and increase their taxes. This works because, keeping land valuations constant, the one with the highest transaction costs is the one who can derive the most efficiency from the land.
[ my public key: https://keybase.io/george; my proof: https://keybase.io/george/sigs/hwxSi5Atx6NOhCijnZD0Dx_ftH5IXEXIOXY226_eIZs ]