overact to a single piece of data, push buttons and follow each other like demented sheep. the worst thing is there panicky it is he can have real-world effects. in the end, the economy is not some abstract thing but a human thing, collective result of countless human decisions. should i buy that new piece of furniture? should i hire the extra worker? all of these human decisions boil down to confidence about their future. to have the wall street it is date could cause a recession just by going on about it. this was the smarter thing we heard last week on the whole topic is the ceo of bank of america someone who knows what he s talking about blamed international factors for the turmoil of the financial markets and point out basic facts of the real economy. quote, average worker is working, getting paid more and that will truly into good credit performance on the consumer side but the real risk for the u.s. economy is if the consumers slow down. listen to this, the most important point
overact to a single piece of data, push buttons and follow each other like demented sheep. the worst thing is there panicky it is he can have real-world effects. in the end, the economy is not some abstract thing but a human thing, collective result of countless human decisions. should i buy that new piece of furniture? should i hire the extra worker? all of these human decisions boil down to confidence about their future. to have the wall street it is date could cause a recession just by going on about it. this was the smarter thing we heard last week on the whole topic is the ceo of bank of america someone who knows what he s talking about blamed international factors for the turmoil of the financial markets and point out basic facts of the real economy. quote, average worker is working, getting paid more and that will truly into good credit performance on the consumer side but the real risk for the u.s. economy is if the consumers slow down. listen to this, the most important point
must have been that bias in the process that produced the end result. because, like i say, different human decisions that went in to the process would produce completely different results. tucker: so this gets to the core business at google and the core question about google, which is google search. so all human information essentially flows through this portal. if you ask google, and i have, how is it sorted? they will say by an algorithm. and the suggestion is that it s unbiased because a machine is doing it. you are saying that is not true. right. in fact, in my experience, as algorithms get more complicated and more advanced, that only means they have more human decisions going into them. so there is actually more opportunities for human beings to influence, you know, the final product. tucker: so, this is a meaningful this is not an academic conversation.
one sort or another, there must have been that bias in the process that produced the end result. like i say, different human decisions that went in to the process would produce completely different results. tucker: so this gets to the core business at google and the core question about google, which is google search. so all human information essentially flows through this portal. if you ask google and i have, how is it sorted? they will say by an algorithm. and the suggestion is that it s unbiased because a machine is doing it. you are saying that is not true. right. in fact, in my experience, as algorithms get more advanced, it means they have more human decisions going into them. so there is actually more opportunities for human beings to influence, you know, the final product. tucker: so, this is a meaningful this is not an academic conversation.
he joins us tonight. greg, thank you for coming on. thanks, tucker. good to be here. tucker: so first, i m grateful that you are here. i m surprised that you are willing to come on and speak to us live. but we are thankful. you re telling us that google is what they claim not to be which is partisan and political. is that correct? here is what i would say. i would say as a user of the various tech products, i notice a lot of the same biases that a lot of people have been concerned about in terms of the end result. tucker: yes. the one thing i want to communicate to anyone maybe who isn t used to launching software productions in to production, basically any software launch reflects the outcome of thousands of human decisions. if you made different human decision, you would get a different result. if you see a result, if you see a resulting end product that seems to encode a bias of