March Madness: Disrupter bets $1 million that AI bracket will beat pro gambler
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Perhaps the surest sign that artificial intelligence really is taking over the world will come the day it wins your favoriteMarch Madnessbracket pool.The day could be coming soon.In an experiment that a) was bound to happen, b) might actually make us all look smarter and c) should probably also scare the daylights out of everyone, a successful CEO-turned-disruptor is running a $1 million March Madness bracket challenge that pits his AI programmers picks against those belonging to one of the worlds best-known sports gamblers.Were not a crystal ball, says Alan Levy, whose platform,4C Predictions, is running this challenge. But its going to start to get very, very creepy. In 2025, were making a million-dollar bet with a professional sports bettor, and the reason we feel confident to do that is because data, we feel, will beat humans.Levy isnt the only one leveraging AI to help people succeed in Americas favorite pick em pool one thats become even more lucrative over the past seven years, after aSupreme Court rulingled to the spread of legalizedsports bettingto 38 states.ChatGPT,a chatbot developed by OpenAI, is hawking its services to help bracket fillers more easily find stats and identify trends. Not surprisingly, it makes no promises.With upsets, momentum shifts, and basketballs inherent unpredictability, consistently creating a perfect bracket may still come down to luck, said Leah Anise, a spokesperson for OpenAI.Also making no promises, but trying his hardest, is Sheldon Jacobson,the computer science professorat Illinois who has been trying to build a better bracket through science for years; he might have been AI before AI.Nobody predicts the weather, he explained in an interview back in 2018. They forecast it using chances and odds.$1 million on the line in AI vs. Sean Perry showdownLevys angle is hes willing to wager $1 million that the AI bracket his company produces can beat that of professional gambler Sean Perry.Among Perrys claims to fame was his refusal toaccept a four-way split in a pot worth $9.3 millionin an NFL survivor pool two years ago. The next week, his pick, the Broncos, lost to New England and he ended up with nothing.But Perry has wagered and won millions over his career, using heaps of analytics, data and insider information to try to find an edge that, for decades, has been proprietary to casinos and legal sports books, giving them an advantage that allows them to build all those massive hotels.Levy says his ultimate goal is to bring that advantage to the average Joe either the weekly football bettor who doesnt have access to reams of data, or the March Madness bracket filler who goes by feel or what teams mascot he likes best.The massive thesis is that the average person are playing games that they can never win, theyre trading stocks where they can never win, theyre trading crypto where they can never win, Levy said. 4C gives people the chance to empower themselves. Its a great equalizer. Its going to level the playing field for everyone.But can AI predict the completely unexpected?Its one thing to find an edge, quite another to take out every element of chance everyhalfcourt game-winner, every 4-point-a-game scorer who goes off for 25, everyquestionable call by a ref,every St. Peters,Yale,FAUor UMBC that rises up and wins for reasons nobody quite understands.For those who fear AI is leading the world to bad places, Levy reassures us that when it comes to sports, at least, the human element is always the final decider and humans can do funny and unexpected things.Thats one of many reasons that, according to the NCAA, theres a 1 in 120.2 billion chance of a fan with good knowledge of college basketball going 63 for 63 in picking the games. Its one of many reasons that almost everyone has a story about their 8-year-old niece walking away with the pot because she was the only one who picked George Mason, or North Carolina State, or VCU, to make the Final Four.You cant take the element of fun and luck out of it, Levy said. Having said that, as AI develops, its going to get creepier and creepier and the predictions are going to get more and more accurate, and its all around data sets.Levy suggests AI is no three-headed monster, but rather, an advanced version of Moneyball the classic book-turned-movie that followed Oakland As GM Billy Beanes groundbreaking quest to leverage data to build a winning team.Now, its all about putting all that data on steroids, trying to minimize the impact of luck and glass slippers, and building a winning bracket.Weve got to understand that this technology is meant to augment us, Levy said. Its meant to make our lives better. So, lets encourage people to use it, and even if its creepy, at least its creepy on our side.The AIs side in this one: Houston to win it all. Perry, the gambler, is going with Duke.Eddie Pells, AP national writer
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