It seems that Muybridge had taken a young bride (she 21 and he 42 when they married) who preferred the company of a young dandy of a San Francisco drama critic who fashioned himself in faux militaristic fashion as Major Harry Larkyns.

Muybridge’s work, The Horse in Motion, settled the question of unsupported transit once and for all. It is not investment research or a research recommendation, as it does not constitute substantive research or analysis. Scared money can’t win and a worried man can’t love.

This: Muybridge developed a technology that allowed for a quantum leap forward in how humans perceived the natural world. It must be noted, that no one can accurately predict the future of the market with certainty or guarantee future investment performance.

Elk Running, from Animal Locomotion, circa 1887. In their published form they laid out the span of time captured by the cameras as sequences of stop-motion images unlike anything that had been seen before. Muybridge developed the images on site and, in the frames, revealed that a horse is completely aloft with its hooves tucked underneath it for a brief moment during a stride.

Gotta get those horse pix. Or maybe the jurors were just bought off. Pig Walking, from Animal Locomotion, circa 1887. Past performance is not a guarantee of future results. Today we are at the dawning of a technology that similarly allows for a quantum leap forward in how humans perceive the world, but with a focus on the social world as opposed to the natural world. Here, for example, is Frederic Remington’s 1889 painting A Dash for the Timber, a work that was largely responsible for catapulting Remington to national prominence, replete with a whole posse of flying horses (h/t to John Batton in Ft. Worth, who knows his Amon Carter Museum collection!). The technology I’m talking about is the biggest revolution in the world today. "Sallie Gardner," owned by Leland Stanford, running at a 1:40 gait over the Palo Alto track, 19th June 1878: 2 frames showing diagram of foot movements 1878© Prints & Photographs Division, Library of Congress, Washington, D.C.

Muybridge’s stop-motion technique was an early form of animation that helped pave the way for the motion-picture industry, born a short decade later. Leopard Leaping, from the Animal Locomotion series, circa 1887. By 1878 he was photographing horses in motion using batteries of cameras, their shutters triggered by the horse’s movement over trip wires.

In fact, for decades after the 1882 publication of The Horse in Motion in book form (a book by Leland Stanford’s fellow rich guy friend, J.D.B. They can “see” dimensions of the world that human intelligences cannot, and if we can ask the right questions we can share in their vision, as well.

by Muybridge 1878© Prints & Photographs Division, Library of Congress, Washington, D.C. Eadweard MuybridgeThe Horse in Motion, illus. It’s the ascendancy of non-human intelligences, which I’ve written about in lots of Epsilon Theory notes, from Rise of the Machines to First Known When Lost to Troy Will Burn – the Big Deal about Big Data to The Talented Mr. Ripley to One MILLION Dollars to Two Discoveries. Woman Opening Umbrella, from Animal Locomotion, circa 1887. Muybridge developed the images on site and, in the frames, revealed that a horse is completely aloft with its hooves tucked underneath it for a brief moment during a stride.

by Muybridge 1878© Prints & Photographs Division, Library of Congress, Washington, D.C. Eadweard MuybridgeThe Horse in Motion, illus. Leland Stanford spared no expense in paying for Muybridge’s defense. It could capture truth through technology. But it’s NOT in the outstretched flying position. Ostrich Running, from Animal Locomotion, circa 1887. That’s the horse I’m betting on in Epsilon Theory. It’s what Neville Crawley calls Big Compute, which is a great phrase, not least for its progression and distinction from the old hat notion of Big Data (h/t to Neville for turning me on to the Muybridge story, too). 24 Frames Show Man in Loincloth Running, from Animal Locomotion, circa 1887. ―  Cormac McCarthy, All the Pretty Horses (1992). And eventually he did. This commentary is being provided to you as general information only and should not be taken as investment advice. But when he returned to address this challenge in 1877, first working in San Francisco and then at Stanford’s Palo Alto stock farm, he refined the available methods of instantaneous photography, introducing specially designed equipment that worked at faster speeds.

That just as Eadweard Muybridge took snapshots of the natural world using his new technology, so do I think it possible to take snapshots of the social world using our new technology. This is the goal of the Narrative Machine research project (read about it in The Narrative Machine and American Hustle). http://www.epsilontheory.com/download/16106/, Oh No, Here It Comes Again, That Funny Feeling, “Quantile Tracking Errors (QuTE)” by Aguilar, Chengan, and Custovic. After learning that wife Flora’s 7-month old son Florado was perhaps not biologically his, Muybridge tracked Larkyns down and shot him point-blank in the chest with the immortal words, “Good evening, Major, my name is Muybridge and here’s the answer to the letter you sent my wife.” In one of the more prominent early cases of jury nullification (Phillip Glass has an opera, The Photographer, with a libretto based on the court transcripts), Muybridge was found not guilty on the grounds of justifiable homicide despite the judge’s clear instructions to the contrary. Instead, it’s in the tucked position, which — because it’s not as romantic a narrative as flying — had never been widely considered as an answer. Elephant Walking, from Animal Locomotion, circa 1887.

Camel Running, from Animal Locomotion, circa 1887. In 1872, noted horseracing aficionado and San Francisco rich guy Leland Stanford (yes, of university fame) commissioned noted photographer and San Francisco smart guy Eadweard Muybridge to apply his path breaking technology of stop-action photography to settle a long-running debate — do all four hooves leave the ground at the same time when horses run? When a horse trots or gallops, does it ever become fully airborne? Stopping Time: The Horse in Motion.
In 1872 Muybridge’s photographic skills were called on to prove whether a galloping horse lifts all four hooves off the ground at one point in its sequence of motion. As a horse sped by, it tripped wires connected to the cameras, which took 12 photos in rapid succession. Muybridge’s experiments initially took place at the Sacramento racetrack, and were funded by the … Visit the TIME Shop to purchase prints, posters and more. Explore more iconic images that changed the world.Visit the TIME Shop to purchase prints, posters and more.

His findings flew in the face of the popular narrative for how the natural world of biomechanics worked, but they were True nonetheless and led to multiple useful applications over time. The results were a technical and conceptual breakthrough. It took Muybridge about 12 years to complete the work, interrupted in part by his murder trial. The opinions expressed in these materials represent the personal views of the author(s). Okay, Ben, that’s a fun story of technology, art, murder, and rich guy intrigue set in 1870s San Francisco. We think the representation to be unimpeachable, until we throw all our preconceived impressions on one side, and seek the truth by independent observations from Nature herself. Muybridge shot the photographs in June 1878. Epsilon Theory will not accept liability for any loss or damage, including without limitation to any loss of profit, which may arise directly or indirectly from use of or reliance on such information. In fact, for decades after the 1882 publication of The Horse in Motion in book form (a book by Leland Stanford’s fellow rich guy friend, J.D.B. Some of these findings will no doubt similarly fly in the face of the popular narrative for how the social world of markets and politics works, but they will similarly lead to useful applications. Muybridge developed a way to take photos with an exposure lasting a fraction of a second and, with reporters as witnesses, arranged 12 cameras along a track on Stanford’s estate. Some already suspected that this was so, but the key moment was too fleeting for the human eye to see.

Pigeon in Flight, from Animal Locomotion, circa 1887. The unseen dimensions of the social world that I’m interested in tapping with the help of non-human intelligences are the dimensions of unstructured data, the words and images and communications that comprise the ocean in which the human social animal swims. Stillman, who gave ZERO credit to Muybridge for the work … after all, Muybridge was just Stanford’s work-for-hire employee, a member of the gig economy of the 1870s), artists continued to prefer the more narrative-pleasing view of flying horses. The revelation, imperceptible to the naked eye but apparent through photography, marked a new purpose for the medium. Stillman, who gave ZERO credit to Muybridge for the work … after all, Muybridge was just Stanford’s work-for-hire employee, a member of the gig economy of the 1870s), artists continued to prefer the more narrative-pleasing view of flying horses. Any action that you take as a result of information contained in this document is ultimately your responsibility. But what does it have to do with modern markets and investing? The Horse in Motion is a series of cabinet cards by Eadweard Muybridge, including six cards that each show a sequential series of six to twelve “automatic electro-photographs” depicting the movement of a horse. PDF Download (Paid Subscription Required): http://www.epsilontheory.com/download/16106/. by Muybridge.

Eadweard MuybridgeThe Horse in Motion, illus. Railroad tycoon and former California governor Leland Stanford was convinced the answer was yes and commissioned Muybridge to provide proof.

The primary impact of Big Compute, or AI or whatever you want to call it, is that it allows for a quantum leap forward in how we humans can perceive the world. Some already suspected that this was so, but the key moment was too fleeting for the human eye to see.

12-Frame Motion Picture of 2 Men Boxing, from Animal Locomotion, circa 1887. They already are.
Explore more iconic images that changed the world.

Consult your investment advisor before making any investment decisions.

Muybridge’s experiments initially took place at the Sacramento racetrack, and were funded by the wealthy Leland Stanford. This was the question photographer Eadweard Muybridge set out to answer in 1878. Yes, all four hooves leave the ground at the same time. This question had bedeviled the Sport of Kings for ages, and while Stanford favored the “unsupported transit” theory of yes, all four hooves leaving the ground for a split-second in the outstretched position, allowing horses to briefly “fly”, he — as rich guys often do — really, really, really needed to know for sure. And just as Muybridge’s snapshots gave us novel insights into how the Horse in Motion actually works, as opposed to our romantic vision of how it works, so do I think it likely that these AI snapshots will give us novel insights into how the Market in Motion actually works. Powerful non-human intelligences are the modern day Oracle of Delphi. Horse With Rider, from Animal Locomotion, circa 1887.

Given the limitations of photographic processes at this date, Muybridge’s first results were unpublishable. It’s what most of the world calls Artificial Intelligence, which is a term I dislike for its pejorative anthropomorphism. In 1872 Muybridge’s photographic skills were called on to prove whether a galloping horse lifts all four hooves off the ground at one point in its sequence of motion. As the owner of many thoroughbred racehorses, Stanford wanted to understand the physiology of a horse’s movement to inform his breeding and training programmes. Baboon Running, from Animal Locomotion, circa 1887.


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