John J. Kelly

Biografía

Used an IBM 704 computer to synthesize speech, an event among the most prominent in the history of Bell Labs. Kelly’s voice recorder synthesizer — Vocoder — recreated the song “Daisy Bell”. He is best known for formulating the Kelly criterion, a formula to determine what proportion of wealth to risk in a sequence of positive expected value bets to maximize the rate of return.-https://medium.com/advanced-design-for-ai/icons-3175e468d6fe