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Alex "Sandy" Pentland

Publications and source records attributed to Alex "Sandy" Pentland.

6 recordsLinked to original sources

Building a healthier feed: Private location trace intersection driven feed recommendations

The physical environment you navigate strongly determines which communities and people matter most to individuals. These effects drive both personal access to opportunities and the social capital of communities, and can often be observed in the personal mobility traces of individuals. Traditional social media feeds underutilize these mobility-based features, or do so in a privacy exploitative manner. Here we propose a consent-first private information sharing paradigm for driving social feeds from users' personal private data, specifically using mobility traces. This approach designs the feed to explicitly optimize for integrating the user into the local community and for social capital building through leveraging mobility trace overlaps as a proxy for existing or potential real-world social connections, creating proportionality between whom a user sees in their feed, and whom the user is likely to see in person. These claims are validated against existing social-mobility data, and a reference implementation of the proposed algorithm is built for demonstration. In total, this work presents a novel technique for designing feeds that represent real offline social connections through private set intersections requiring no third party, or public data exposure.

cs.CY↗

Flexible social inference facilitates targeted social learning when rewards are not observable

Groups coordinate more effectively when individuals are able to learn from others' successes. But acquiring such knowledge is not always easy, especially in real-world environments where success is hidden from public view. We suggest that social inference capacities may help bridge this gap, allowing individuals to update their beliefs about others' underlying knowledge and success from observable trajectories of behavior. We compared our social inference model against simpler heuristics in three studies of human behavior in a collective sensing task. In Experiment 1, we found that average performance improves as a function of group size at a rate greater than predicted by non-inferential models. Experiment 2 introduced artificial agents to evaluate how individuals selectively rely on social information. Experiment 3 generalized these findings to a more complex reward landscape. Taken together, our findings provide insight into the relationship between individual social cognition and the flexibility of collective behavior.

cs.MA↗

Social influence leads to the formation of diverse local trends

How does the visual design of digital platforms impact user behavior and the resulting environment? A body of work suggests that introducing social signals to content can increase both the inequality and unpredictability of its success, but has only been shown in the context of music listening. To further examine the effect of social influence on media popularity, we extend this research to the context of algorithmically-generated images by re-adapting Salganik et al's Music Lab experiment. On a digital platform where participants discover and curate AI-generated hybrid animals, we randomly assign both the knowledge of other participants' behavior and the visual presentation of the information. We successfully replicate the Music Lab's findings in the context of images, whereby social influence leads to an unpredictable winner-take-all market. However, we also find that social influence can lead to the emergence of local cultural trends that diverge from the status quo and are ultimately more diverse. We discuss the implications of these results for platform designers and animal conservation efforts.

cs.HC↗

Detecting Permanent and Intermittent Purchase Hotspots via Computational Stigmergy

The analysis of credit card transactions allows gaining new insights into the spending occurrences and mobility behavior of large numbers of individuals at an unprecedented scale. However, unfolding such spatiotemporal patterns at a community level implies a non-trivial system modeling and parametrization, as well as, a proper representation of the temporal dynamic. In this work we address both those issues by means of a novel computational technique, i.e. computational stigmergy. By using computational stigmergy each sample position is associated with a digital pheromone deposit, which aggregates with other deposits according to their spatiotemporal proximity. By processing transactions data with computational stigmergy, it is possible to identify high-density areas (hotspots) occurring in different time and days, as well as, analyze their consistency over time. Indeed, a hotspot can be permanent, i.e. present throughout the period of observation, or intermittent, i.e. present only in certain time and days due to community level occurrences (e.g. nightlife). Such difference is not only spatial (where the hotspot occurs) and temporal (when the hotspot occurs) but affects also which people visit the hotspot. The proposed approach is tested on a real-world dataset containing the credit card transaction of 60k users between 2014 and 2015.

cs.SI↗

Collective Learning in China's Regional Economic Development

Industrial development is the process by which economies learn how to produce new products and services. But how do economies learn? And who do they learn from? The literature on economic geography and economic development has emphasized two learning channels: inter-industry learning, which involves learning from related industries; and inter-regional learning, which involves learning from neighboring regions. Here we use 25 years of data describing the evolution of China's economy between 1990 and 2015--a period when China multiplied its GDP per capita by a factor of ten--to explore how Chinese provinces diversified their economies. First, we show that the probability that a province will develop a new industry increases with the number of related industries that are already present in that province, a fact that is suggestive of inter-industry learning. Also, we show that the probability that a province will develop an industry increases with the number of neighboring provinces that are developed in that industry, a fact suggestive of inter-regional learning. Moreover, we find that the combination of these two channels exhibit diminishing returns, meaning that the contribution of either of these learning channels is redundant when the other one is present. Finally, we address endogeneity concerns by using the introduction of high-speed rail as an instrument to isolate the effects of inter-regional learning. Our differences-in-differences (DID) analysis reveals that the introduction of high speed-rail increased the industrial similarity of pairs of provinces connected by high-speed rail. Also, industries in provinces that were connected by rail increased their productivity when they were connected by rail to other provinces where that industry was already present. These findings suggest that inter-regional and inter-industry learning played a role in China's great economic expansion.

econ.GN↗

Working Paper on Organizational Dynamics within Corporate Venture Capital Firms

Corporate venture capital is in the midst of a renaissance. The end of 2015 marked all-time highs both in the number of corporate firms participating in VC deals and in the amount of capital being deployed by corporate VCs. This paper explores, rather than defines, how these firms find success in the wake of this sudden influx of corporate investors. A series of interviews was conducted in order to capture the direct and indirect objectives, philosophies, and modes of operation within some of these corporate VC organizations. During the course of this exploration, numerous operational coherency issues were discovered. Many firms were implicitly incentivizing conflicting and inconsistent behavior among their investment team. Perhaps most surprising, the worst offenders were the more mature corporate VCs who have been in the game for some time. As will be discussed, fundamental evidence suggests that this misalignment is due to lack of attention and commitment at the executive level as corporate strategy evolves.

q-fin.GN↗