Baseball clubs now rely less on subjective scouting reports in hiring players, using data to tell an accurate picture of player performance, past performance and future performance, preventing costly hires. Senior baseball ESPN writer, Keith Law, joins host Dan Loney to discuss how the analytic revolution in baseball is here to stay as outlined in his book “Smart Baseball: The Story Behind the Old Stats that Are Ruining the Game, the New Ones that are Running It, and the Right Way to Think About Baseball” on Knowledge at Wharton.

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When AI Makes Financial Decisions
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