Compelling Reads are a weekly collection of pieces from around the web that we found thought-provoking, inspiring, or otherwise interesting.
From The Verge: “The decline of Snapchat and the secret joy of Internet ghost towns.” The author notes that as Snapchat’s users dwindle in number, the platform has started to feel like “a dead space on the internet, a place people have increasingly forgotten. In that, it offers something far more precious than the ephemerality it intended to give us.”
This WIRED article was published back in February 2009, but we just read it this week. “Recipe for disaster: the formula that killed Wall Street” describes the Gaussian copula function, a misleadingly “simple and elegant” algorithm that played a significant role in the 2008 financial crisis.
A piece from Farnam Street on the value of probabilistic thinking. As analytical folks, this article reminded us of the utility of undergrad statistics: “Given that we have limited but useful information about the world, and are constantly encountering new information, we should probably take into account what we already know when we learn something new.”