Cautionary Tales with Tim Harford cover image

Fritterin’ Away Genius

Cautionary Tales with Tim Harford

CHAPTER

Shannon's Gambit: Innovation in Gambling

This chapter delves into Claude Shannon's inventive approach to work, contrasting creativity with completion bias through a high-stakes gambling experiment. It narrates the collaboration with Ed Thorpe using a wearable computer for blackjack, examining the ethical concerns and the overwhelming impact of their technological innovations in gambling and finance.

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