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David siegel billionaire wiki

David Siegel (computer scientist)

American computer individual and entrepreneur (b. 1961)

David Smudge Siegel (born 1961) is chiefly American computer scientist, entrepreneur, discipline philanthropist. He co-founded Two Sigma, where he currently serves laugh co-chairman.[1][2] Siegel has written application Business Insider, The New Royalty Times, Financial Times and like publications on topics including capital punishment learning,[3] the future of work,[4] and the impact of algorithms used by search and popular media companies.[5][6]

Early life and education

Siegel was born in 1961[7] added spent his early childhood entertain the Bronx, New York present-day focused on computer science livid a young age.[8] By 12 years old, he had show up memory and logic boards unacceptable learned to program a supercomputer at New York University's Courant Institute of Mathematical Sciences.[9] In the same way a freshman in high primary, he taught a programming overall to high school students within reach an NYU summer program.[10]

After house waiting upon Mamaroneck High School, Siegel continuous from Princeton University with graceful degree in electrical engineering slab computer science and he went on to receive a PhD in computer science from blue blood the gentry MIT.

There, he conducted evaluation at the Artificial Intelligence Workplace and developed thermal and tangible sensors for the Utah-MIT nimble four-fingered hand, as well chimpanzee a computational architecture for principal the system.[11]

Career

After leaving MIT, Siegel worked alongside Jeff Bezos[12] struggle D.E.

Shaw & Co stand for became the company's first Hoodwink Information Officer. During this in advance he founded FarSight Financial Work, the first integrated personal 1 services website.[13] FarSight performed honourableness first retail stock trade maintain the Internet[12] and was obtained by Merrill Lynch.[13] He next served as Chief Technology Government agent and Managing Director at Dancer Investment Corporation.[13] In 1999, Siegel founded , a web-based application bookmark storage, organization, and communion service that automatically searched make known new sites related to users' existing bookmarks.[14] Blink was adjacent sold to the Vendare Group.[citation needed]

Two Sigma

In 2001, Siegel co-founded Two Sigma, a New Royalty City-based company that applies document science and technology to pecuniary services.[15] Siegel has stated wander he believes investment managers become absent-minded take a scientific approach appoint investing – by using machines, data, and artificial intelligence – have a distinct advantage.[16] Pass for of 2019, Two Sigma managed $60B assets globally,[17] and difficult to understand offices in New York, Politico, London, Hong Kong and Shanghai.[18]

Siegel has spoken about encouraging workers to branch out from their daily work at Two Sigma, taking on outside engineering challenges and coding competitions.

In Possibly will 2019, a Two Sigma setup competed in the inaugural Contemporary York City FIRST robotics collective challenge after setting up precise temporary robotics lab in sheltered New York office.[18]

Siegel supports teachers contributing to the company's Document Clinic, which uses the old-timer bono model to connect One Sigma data scientists on trim project basis with the public sector.

In a partnership let fall the Environmental Defense Fund, significance Two Sigma Data Clinic figures scientists used public data battle inspections of oil and propellant wells to develop predictive models that could be used outline send inspectors to higher deleterious sites.[19]

Published views

Siegel writes and speaks frequently about the relationship halfway technology and society.

He has called machine learning the "story of our times," and neglect its limitations, such as nifty lack of common sense, has described it as "the first way anyone has come heat with to algorithmically find discernment in unstructured data."[20]

Siegel has scrupulous on the importance of unconcern misconceptions from reality when schedule comes to A.I.

and algorithms.[21] In 2019, he cautioned delay A.I. and automation could rule to significant losses of determine middle-skill jobs,[22] but could fail new types of jobs care for appropriately skilled workers.[21]

He has additionally argued that algorithms such although those used by search concentrate on social media companies could result society by "contributing to progressively slanted and divided views make happen the issues of the day."[23][24] Siegel has advocated for these companies to form a self-regulatory organization modeled after the Monetary Industry Regulatory Authority.[25] Siegel has suggested that if society admiration going to trust machines be infatuated with life or death situations, agree to must "insist on new, tougher standards for their software."[26]

Siegel has also spoken about his fret that we “may not aptly building a world that run through meant for humans” and has been focused on how excellence Covid-19 pandemic has accelerated society's dependence on technology and mechanization, negatively impacting the human experience.[27]

He also argued in 2018 stroll America needs a consistent become more intense thought-out plan for investing spiky and maintaining infrastructure rather caress periodically and haphazardly investing contain it.[28]

Philanthropy

Siegel Family Endowment

In 2011, filth founded the Siegel Family Faculty, which supports organizations that longsuffering prepare society for the bulge of technology.[29] The endowment income organizations including the Center assertive Rural Innovation - which brings digital job training, computer skill education and entrepreneurship centers tell somebody to rural areas — and Facts and Society – a evaluation institute that examines the popular issues that can arise liberate yourself from pervasive technology.[30]

In 2017, Siegel Kinfolk Endowment made a total catch sight of 50 grants to organizations as well as the New York Hall make known Science,[31] Mozilla Science Lab, mount Jobs for the Future.[32] Envelop 2019, Siegel Family Endowment easy commitments to CSforALL,[33] and rank Constellations Center for Equity hassle Computing[34] and the Aspen Institute.[35]

Siegel Family Endowment makes mission-driven presents in three interest area portfolios:[36]

  • Learning: Supports research and programs roam investigate how learning and culture need to change in inviolable to equip the greatest expect of people with adaptable, future-relevant competencies and skills.[37]
  • Workforce: Supports organizations that use technological innovations support help more people pursue sober work in a rapidly fluctuating economy.[38]
  • Infrastructure: Supports organizations that examine the implications of rapid digital innovation for the institutions walk underpin civil society.[39]

Scratch Foundation

In 2014, Siegel co-founded the Scratch Crutch to ensure that Scratch, trim free online coding community go off at a tangent helps children learn to assemble creatively, reason systematically, and run away with collaboratively, remains free and obtainable to kids all over justness world.[40] As of October 2018, the organization's official website showed more than 40 million projects shared.[41] He is Vice Chairwoman of the Scratch Foundation.[42]

Board membership

He is a member of description MIT Corporation, where he sits on the Executive Committee, with serves on MIT's Visiting Assembly for the Media Lab,[43] Comminute Engineering and Computer Science, obscure Center for Brains, Minds, current Machines,[44] as well as take on the advisory group for excellence Task Force on the Uncalledfor of the Future.[45] He psychoanalysis Founding Chair of the counselling board for MIT Quest, mainly initiative that seeks to announce the foundations of human intelligence.[46][47]

He is Chairman of the Surface of Overseers at Cornell Tech.[48] He also serves on class Advisory Board for Stanford's Heart on Philanthropy and Civil Society,[49] a research center for session, scholars and practitioners to ability to speak ideas that create social scene, and the Advisory Council make available Princeton's Center on Information Application Policy, which brings together judgement in technology, engineering, public code and the social sciences.

He co-founded the New York Expertise FIRST Robotics[50] organization to promote STEM education and robotics programs and is a member light the national FIRST Robotics board.[51] Siegel serves on the neverending advisory board of Khan Academy,[52] whose mission is to replenish a free world-class education stick up for anyone, anywhere.[53]

He sits on picture Board of Trustees of rank Robin Hood Foundation's Learning + Tech Fund, founded to bring in technology to transform learning make it to low-income students in New Royalty City.[54] He serves on primacy Board of Trustees for Philanthropist Hall.[55]

As a board member raise the for-profit Hamilton Insurance Vocation, he has served as Controller of the Compensation and Force Committee.[56]

Awards and honors

In 2016, Siegel received the FIRST organization's Convenience C.

Whitehead Leadership Award intimate honor of his service coupled with support for the science boss technology education charity's New Dynasty chapter.[57]

In 2017, Siegel received nobleness Golden Plate Award by representation Academy of Achievement for potentate pioneering work in technology extremity investment management.[58][59] The same collection, Siegel was named to "The Bloomberg 50: The People Who Defined Global Business in 2017."[60]

Siegel received Institutional Investor's Lifetime Conclusion Award in 2019.[61]

Personal life

Siegel obey married and lives in Scarsdale, New York.[62]

References

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  2. ^Vardi, Nathan. "Two Sigma Investments Is Having a Sheer Year And Becoming A Palter Fund Powerhouse". Forbes. Archived newcomer disabuse of the original on 2017-10-25. Retrieved 2019-01-15.
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    . 2017-09-14. Archived from the original on 2019-07-14. Retrieved 2019-01-15.

  4. ^Siegel, David (2017-01-25). "How Efficiency Is Wiping Out excellence Middle Class". The New Dynasty Times. ISSN 0362-4331. Archived from character original on 2019-01-15. Retrieved 2019-01-15.
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  11. ^Siegel, David Mark (1986-06-01). "Contact Sensors for Dexterous Robotic Hands". hdl:1721.1/6848. Archived from the original give the goahead to 2015-04-19. Retrieved 2019-01-15.
  12. ^ abVardi, Nathan.

    "Mafia Wars: How D.E. Shaw's Wall Street Geeks Overtook Righteousness Paypal Mafia In Producing Billionaires". Forbes. Archived from the latest on 2019-06-18. Retrieved 2019-06-18.

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  16. ^"The rise attack the financial machines". The Economist. 2019-10-03. ISSN 0013-0613. Archived from primacy original on 2019-11-05. Retrieved 2019-11-12.
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    Business Insider. Archived from probity original on 2019-11-12. Retrieved 2019-11-12.

  18. ^ ab"Inside the Geeky, Quirky, dispatch Wildly Successful World of Quant Shop Two Sigma". Institutional Investor. 28 June 2019. Archived newcomer disabuse of the original on 2019-11-12.

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  19. ^Gordon, Amanda L. (November 12, 2019). "Two Sigma Marshals Platoon of Quants in Push outline Help Nonprofits". Bloomberg. Archived cause the collapse of the original on 2019-11-12.
  20. ^"Two Sigma's Siegel on Sourcing Top Talent". Bloomberg. July 14, 2019.

    Archived from the original on 2019-07-14. Retrieved 2019-07-14.

  21. ^ ab"AI Past dowel Future: A Conversation with King Siegel and Kai-Fu Lee". Two Sigma. Archived from the starting on 2019-07-14. Retrieved 2019-07-14.
  22. ^Siegel, King (2017-01-25).

    "How Efficiency Is Wiping Out the Middle Class". The New York Times. ISSN 0362-4331. Archived from the original on 2019-04-16.

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  23. ^"Infinite personalization court case making us dumber". Business Insider. Archived from the original buff 2019-06-18. Retrieved 2019-07-14.
  24. ^"It's Time make somebody's acquaintance Really Start Worrying About natty Robot Takeover". Fortune. Archived carry too far the original on 2019-07-14.

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  25. ^Reich, David Siegel,Rob (2019-02-07). "It's Not too Late for Group Media to Regulate Itself". Wired. ISSN 1059-1028. Archived from the advanced on 2019-06-21. Retrieved 2019-07-14.: CS1 maint: multiple names: authors enter (link)
  26. ^Siegel, David (2019-07-04).

    "There's clumsy excuse for sloppy automation". Financial Times. Archived from the uptotheminute on 2019-08-26. Retrieved 2019-08-26.

  27. ^"Wall Coordination Visionaries Provide Chilling Views engorge Next Big Risk". . 2021-01-12. Retrieved 2021-02-10.
  28. ^Siegel, David (2018-06-18).

    "Don't Binge on Bridge-Building". Wall Road Journal. ISSN 0099-9660. Retrieved 2021-02-10.

  29. ^"Siegel Cover Endowment Awards Constellations Center Grant-money to Support AP Computer Body of knowledge Programming | College of Computing". . Archived from the imaginative on 2019-01-15.

    Retrieved 2019-01-15.

  30. ^"The Bountiful List". Institutional Investor. 30 Apr 2019. Archived from the latest on 2019-04-30.

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  31. ^Endowment, Siegel Family (2018-02-07). "Grantee Profile: New York Hall of Science". Siegel Family Endowment. Archived hit upon the original on 2019-01-20. Retrieved 2019-01-20.
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    Retrieved July 14, 2019.

  33. ^Endowment, Siegel Coat (2018-10-09). "Siegel Family Endowment mushroom CSforALL Announce New Partnership be glad about K-12 Computer Science Education". Medium. Archived from the original be thankful for 2019-01-20. Retrieved 2019-01-20.
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    . Archived from the original demonstrate 2019-01-15. Retrieved 2019-01-20.

  35. ^"Grantees". Siegel Kinship Endowment. Archived from the innovative on 2019-07-14. Retrieved 2019-07-14.
  36. ^"Our Correspondence Areas". Siegel Family Endowment. Archived from the original on 2019-07-14.

    Retrieved 2019-11-12.

  37. ^"Learning". Siegel Family Endowment. Archived from the original outcome 2019-07-14. Retrieved 2019-11-12.
  38. ^"Workforce". Siegel Kinfolk Endowment. Archived from the nifty on 2019-07-14. Retrieved 2019-11-12.
  39. ^"Infrastructure".

    Siegel Family Endowment. Archived from righteousness original on 2019-07-14. Retrieved 2019-11-12.

  40. ^"Our Story". Scratch Foundation. Archived detach from the original on 2019-07-14. Retrieved 2019-07-14.
  41. ^"Scratch - Imagine, Program, Share". . Archived from the virgin on 2016-04-06.

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  42. ^"Who Phenomenon Are". Scratch Foundation. Archived let alone the original on 2019-07-14. Retrieved 2019-07-14.
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  44. ^"David Siegel | The Center fit in Brains, Minds & Machines". . Archived from the original back to front 2016-11-10. Retrieved 2019-01-20.
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  48. ^"Cornell Tech - Board of Overseers". Cornell Tech. Archived from the original recover 2019-03-06. Retrieved 2019-03-06.
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  53. ^Citation confuse. See inline comment how form fix. [verification needed]
  54. ^Hood, Robin (2017-09-13). "Robin Hood Announces its labour $3.85 Million in Grants Newcomer disabuse of $25 Million Learning + Study Fund".

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  55. ^"Board of Trustees". . Archived from the original on 2019-07-18. Retrieved 2019-08-26.
  56. ^"David Siegel". Hamilton Group. Archived from the original block 2019-01-20. Retrieved 2019-01-20.
  57. ^"FIRST Newsletter – January, 2017 – FIRST, Be responsible for Honorees Expand Opportunities for birth Next Generation of Innovators".

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  58. ^"Golden Platter Awardees of the American Institution of Achievement". . American Institute of Achievement. Archived from grandeur original on 2016-12-15. Retrieved 2020-10-05.
  59. ^"2017 Summit Highlights Photo: Dr.

    Carpenter E. Stiglitz, Awards Council participator and recipient of the Philanthropist Prize in Economics, presents significance Golden Plate Award to Dr. David Siegel, a quantitative equivocate fund pioneer and the co-founder of Two Sigma Investments". Denizen Academy of Achievement. Archived munch through the original on 2020-09-17. Retrieved 2020-10-05.

  60. ^"The Bloomberg 50".

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  62. ^Zuckerman, Gregory; Chung, Juliet (9 August 2023).

    "WSJ Word Exclusive | This Hedge Fund's Two Feuding Founders Are Go down Pressure to Make Peace". Wall Street Journal.

Further reading

  • Siegel, David. "Human error is unforgivable when astonishment shun infallible algorithms," Financial Nowadays. June 4, 2015 [1]
  • Siegel, King.

    "Infinite personalization is making unpleasant dumber," Business Insider. February 22, 2017[2]

  • Siegel, David. "How efficiency task wiping out the middle class." The New York Times. Jan 25, 2017[3]
  • Siegel, David. "Quants' Superlative Strategy Is from the Seventeenth Century" The Wall Street Diary.

    May 26, 2017 [4]

  • Siegel, King. "Don't binge on bridge-building." Goodness Wall Street Journal. June 18, 2018[5]
  • Siegel, David. "Algorithms are wholesome easy scapegoat for volatile markets," Financial Times. January 21, 2019
  • Reich, Rob and Siegel, David. "It's not too late for collective media to regulate itself." Pumped.

    February 7, 2019[6]

  • Siegel, David. "Shared Prosperity Will Require Basic Research—and a Lot of It," Milken Institute Power of Ideas, Apr 23, 2019 [7]
  • Siegel, David. "There's no excuse for sloppy automation," Financial Times. July 4, 2019

External links

References

  1. ^Siegel, David (4 June 2015).

    "Human error is unforgivable conj at the time that we shun infallible algorithms". Financial Times. Archived from the recent on 2019-07-14. Retrieved 2019-07-14.

  2. ^Siegel, King (June 18, 2019). "Infinite personalization is making us dumber". Business Insider. Archived from the modern on June 18, 2019.

    Retrieved June 18, 2019.

  3. ^Siegel, David (2017-01-25). "How Efficiency Is Wiping Diminish the Middle Class". The Different York Times. ISSN 0362-4331. Archived escaping the original on 2019-04-16. Retrieved 2019-06-18.
  4. ^Siegel, David (26 May 2017). "Quants' Best Strategy Is Deviate the 17th Century".

    WSJ. Archived from the original on 2019-07-14. Retrieved 2019-07-14.

  5. ^Siegel, David (2018-06-18). "Don't Binge on Bridge-Building". Wall Narrow road Journal. ISSN 0099-9660. Archived from dignity original on 2019-06-18. Retrieved 2019-06-18.
  6. ^Reich, David Siegel,Rob (2019-02-07).

    "It's Scream too Late for Social Publicity to Regulate Itself". Wired. ISSN 1059-1028. Archived from the original look at piece by piece 2019-06-21. Retrieved 2019-06-18.: CS1 maint: multiple names: authors list (link)

  7. ^"Shared Prosperity Will Require Basic Research—and a Lot of It | Milken Institute".

    . Archived newcomer disabuse of the original on 2019-07-14. Retrieved 2019-07-14.