David Sumpter is a professor of applied mathematics at the University of Uppsala, in Sweden, and the author of a wonderful book called The 10 equations that Rule the World.
He talks to Guy Spier about the various applications of mathematics in practical areas of our day-to-day life, such as social media algorithms, graph theory, Bayes’ theorem, and even vaccinations.
Full transcript available here: https://aqfd.docsend.com/view/8sw5qidsc44bzkr2
Contents:
Pure Mathematics vs. Applied Mathematics (00:00)
Graph Theory and its Applications (10:39)
The Advertising Equation in Social Media (17:11)
Taking Control of the Algorithms that Control Us (20:11)
“Fluffy Science” vs. Empirical Studies (25:02)
From the Kelly Criterion to Bayes’ Theorem (32:22)
Mathematics Behind Vaccination Hesitancy (41:55)
The Education of a Value Investor