A Quote by Barry Ritholtz

TV producers want ratings and are willing to do nearly anything to get them. They gin up artificial conflicts and create an urgency for even the most minor of economic data points.
We use nearly 5 thousand different data points about you to craft and target a message. The data points are not just a representative model of you. The data points are about you, specifically.
Every single television product has the ambition to chase ratings, every one of them. Many have other ambitions, for many, ratings are not #1. But my experience on TV, and on the entertainment side, has been entirely ratings-based. When I look at TV I look at ratings. And I never second guess ratings. Never.
I believe that the major operating ethic in American society right now, the most universal want and need is to be on TV. I've been on TV. I could be on TV all the time if I wanted to. But most people will never get on TV. It has to be a real breakthrough for them. And trouble is, people will do almost anything to get on it. You know, confess to crimes they haven't committed. You don't exist unless you're on TV. Yeah, it's a validation process.
The American president increasingly used his influence to create conflicts, intensify existing conflicts, and, above all, to keep conflicts from being resolved peacefully. For years this man looked for a dispute anywhere in the world, but preferably in Europe, that he could use to create political entanglements with American economic obligations to one of the contending sides, which would then steadily involve America in the conflict and thus divert attention from his own confused domestic economic policies.
Prepare for every negotiation... 1) Focus on Outcomes. What is it that you want to walk away with? Being as specific as possible also increases the likelihood of negotiation success. 2) Support your desired outcome with data that points to its reasonableness. 3) Writing down your key points in advance - and practicing them - enables you to stay focused on what's most important and avoid going off on tangents. 4) Err on the side of asking for more, rather than less [of what you really want]. 5) Be willing to walk away.
The media love coarse debate because coarse debate drives ratings and ratings generate profits. Unless the TV producer happens to be William Shakespeare, an argument is more interesting than a soliloquy - and there will never be a shortage of people willing to argue on TV.
All good dramas are rife with conflicts, and the conflicts have to be resolved. What I think is so great about a show that takes place in a hospital is that you have so many different people with different needs. Sometimes all those can be in conflict. The drama of Heartland also comes from the group of people waiting, and they are sometimes agonizingly waiting for a new organ for their body in order to survive. So the show is so much about survival, which creates a sense of urgency to get the organs. I think that sense of urgency is probably the most prominent dramatic quality to the show.
The ratings system is so bogus and people know it. Fewer and fewer people care. The ratings board has sort of exposed itself. But my problem is, as a parent, there's this area of film that my daughters want to see. They're not my kind of films, I don't want to go see them, but I really want to know whether my daughters can see them or not. The morality of what the ratings board is doing now escapes me. I don't get it.
Users get unlimited 'WhatsApp'. We get happy users who don't have to worry about data. Carriers get people willing to sign up for data plans.
According to current Florida law you can get a gun, follow an unarmed minor, call the police, have them explicitly tell you to stop following [the minor] and choose to ignore that, keep following the minor, get into a confrontation with them, and if at any point during that process you get scared you can shoot the minor to death, and the state of Florida will say, 'Well, look: you did what you could.'
If you have a lot of data and you want to create value from that data, one of the things you might consider is building up an AI team.
I want to look at this character from all points of view. I know I don't want to make them all good or all bad or all anything... the story itself often helps create the character.
By construction, the world of big data is siloed and segmented and segregated so that successful people, like myself - technologists, well-educated white people, for the most part - benefit from big data, and it's the people on the other side of the economic spectrum, especially people of color, who suffer from it. They suffer from it individually, at different times, at different moments. They never get a clear explanation of what actually happened to them because all these scores are secret and sometimes they don't even know they're being scored.
You know, l don't kid myself about the show. If it doesn't get ratings, it's off. Look, if I came up with the cure for cancer and it didn't get ratings, they wouldn't put it on. That's how vicious that business is.
Data is cost. It takes money to create data, store it, clean it, and throw resources at it to learn anything from it.
You first and foremost need to be honest with the script because you don't want to do anything to screw up the basic fundamentals of the story. You don't want to create anything overly dramatic when you don't need to, and you don't want to create anything less dramatic than necessary, either.
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