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August 17, 2020

 

Welcome back, <<First Name>> 🎉

Wow, what a week it's been. John Kasich, a lifelong Republican, will speak at the Democratic convention — and vote for Joe Biden. 

The UEFA Champions League  semifinals will not feature a Spanish, English, or Italian team for the first time in its 30-year history. 


And lastly, Israel and the UAE have agreed to normalize diplomatic relations amdist tension between Israel and Palestine. Why it's a big deal here 

THE STORIES 

👵 Retirement ain’t equal

👩‍⚕️ Artificial Intelligence for the Human Mind
 
ECONOMICS

👵 Retirement ain’t equal

 

WHAT 

  • Much of racial inequality can be attributed to the economic injustices minorities face. Black and Hispanic workers, for example, faced higher unemployment rates during the pandemic compared to their white counterparts. 
  • Those inequities don’t stop after retirement. The average black household approaching retirement has 46% of the retirement wealth of the average white household approaching retirement.  
  • This might be the case for a number of reasons: discrimination in the labor market, less generational wealth, and here’s a big one: less social security benefits. 
  • Professor Hamilton has an idea to crack economic inequality: baby bonds. Every child would be born with a government-funded trust with a $1000. Lower-wealth families would receive more contributions over time and benefit from compound interest. 
  • The funds would be restricted to “asset-enhancing endeavors,” such as buying a home or funding an education. 

WHO

  • Darrick Hamilton is an economist and executive director of the Kirwan Institute for the Study of Race and Ethnicity at Ohio State University. 

WHY SHOULD I CARE 

  • Trust fund babies, as they’re known, are usually reserved for the ultrarich. Democratizing these funds can be a huge step in closing the economic gap, meaning we’re closer to eliminating racial injustice.
  • Minorities historically earn lower wages than their white counterparts, and as a result, they experience the same during retirement. Giving lower-wealth families a much needed jumpstart is what we might need to uproot institutional racism. 

TL;DR 

  • New research, supported by Senator Cory Booker and Presidential Candidate, Joe Biden, suggests that baby bonds may be an effective path to altering economic inequality. 

READ MORE HERE
 


ARTIFICIAL INTELLIGENCE

👩‍⚕️ Artificial Intelligence for the Human Mind

 

WHAT

  • Advances in ML/AI have no doubt helped medical fields such as radiology, pharmacology, oncology and more, it has yet to make breakthroughs of similar magnitude in psychiatry.
  • This can be explained by the fact that these other areas of medicine rely to much a greater extent on quantitative data, as well as a full battery of tests and technical tools to measure such data.
  • Psychiatry, by contrast, often relies on the insights gleaned from conversations with patients, a form of data which is trickier to quantify.
  • This is precisely what Neguine Rezaii is trying to fix: her idea is to utilize the increasing language analysis powers of ML/AI to extract insights from patient conversations that can aid in predicting the onset of psychiatric disorders.
  • Her early results introduce a model which, by measuring variables in a patient’s speech such as semantic density and frequency of certain types of words and phrases, can predict the onset of psychosis with 90% accuracy, an increase from the 80% achieved by psychiatrists on average. 

WHO 

  • Neguine Rezaii is a psychiatrist at Massachusetts General Hospital and an affiliate of Harvard Medical School.

WHY SHOULD I CARE

  • About 1 in 4 people across the world will suffer from a psychiatric syndrome at some point in their life, for which early detection and treatment is often critical in preventing adverse effects.
  • With the proliferation of smartphones and other devices that house a huge portion of our communications, it has never been easier to analyze our language patterns.
  • Rezaii’s work shows the potential for such analysis to enable early intervention for schizophrenia and other psychiatric disorders.

TL;DR 

  • Rezaii and her team’s machine learning model to diagnose psychosis onset based on patient conversation data showed impressive preliminary results, and shows adaptability to a diverse set of psychiatric conditions.

READ MORE HERE

PROFESSOR'S CORNER

We got some hot brainteasers cooking for you today 🔥 🔥

  • A man had a fox, a goose, and a bag of corn. He had to get them over a river, but the boat could only take one across at a time
  • He also couldn’t ever leave the fox and the goose together, for then the fox would eat the goose
  • If he left the goose and the corn together, the goose would eat the corn.

How does he get them all across safely?
Solution here

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