Age, Biography and Wiki

David Siegel was born on 1961 in The Bronx, New York, US, is an American computer scientist and entrepreneur (b. 1961). Discover David Siegel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 63 years old?

Popular As N/A
Occupation Computer scientist
Age 63 years old
Zodiac Sign N/A
Born 1961
Birthday
Birthplace The Bronx, New York, US
Nationality United States

We recommend you to check the complete list of Famous People born on . He is a member of famous Computer with the age 63 years old group. He one of the Richest Computer who was born in United States.

David Siegel Height, Weight & Measurements

At 63 years old, David Siegel height not available right now. We will update David Siegel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

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David Siegel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is David Siegel worth at the age of 63 years old? David Siegel’s income source is mostly from being a successful Computer. He is from United States. We have estimated David Siegel's net worth, money, salary, income, and assets.

Net Worth in 2024 6.1 billion USD (2020)
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Computer

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Timeline

1961

David Mark Siegel (born 1961) is an American computer scientist, entrepreneur, and philanthropist.

He co-founded Two Sigma, where he currently serves as co-chairman.

Siegel has written for Business Insider, The New York Times, Financial Times and similar publications on topics including machine learning, the future of work, and the impact of algorithms used by search and social media companies.

Siegel was born in 1961 and spent his early childhood in the Bronx, New York and focused on computer science at a young age.

By 12 years old, he had built memory and logic boards and learned to program a supercomputer at New York University's Courant Institute of Mathematical Sciences.

As a freshman in high school, he taught a programming course to high school students at an NYU summer program.

After attending Mamaroneck High School, Siegel graduated from Princeton University with a degree in electrical engineering and computer science and he went on to receive a PhD in computer science from the Massachusetts Institute of Technology.

There, he conducted research at the Artificial Intelligence Laboratory and developed thermal and tactile sensors for the Utah-MIT dexterous four-fingered hand, as well as a computational architecture for controlling the system.

After leaving MIT, Siegel worked alongside Jeff Bezos at D.E. Shaw & Co and became the company's first Chief Information Officer.

During this time he founded FarSight Financial Services, the first integrated personal financial services website.

FarSight performed the first retail stock trade on the Internet and was acquired by Merrill Lynch.

He later served as Chief Technology Officer and Managing Director at Tudor Investment Corporation.

1999

In 1999, Siegel founded Blink.com, a web-based browser bookmark storage, organization, and sharing service that automatically searched for new sites related to users' existing bookmarks.

Blink was later sold to the Vendare Group.

2001

In 2001, Siegel co-founded Two Sigma, a New York City-based company that applies data science and technology to financial services.

Siegel has stated that he believes investment managers that take a scientific approach to investing – by using machines, data, and artificial intelligence – have a distinct advantage.

2011

In 2011, he founded the Siegel Family Endowment, which supports organizations that help prepare society for the impact of technology.

The endowment funds organizations including the Center on Rural Innovation - which brings digital job training, computer science education and entrepreneurship centers to rural areas — and Data and Society – a research institute that examines the social issues that can arise from pervasive technology.

2014

In 2014, Siegel co-founded the Scratch Foundation to ensure that Scratch, a free online coding community that helps children learn to think creatively, reason systematically, and work collaboratively, remains free and accessible to kids all over the world.

2017

In 2017, Siegel Family Endowment made a total of 50 grants to organizations including the New York Hall of Science, Mozilla Science Lab, and Jobs for the Future.

2018

As of October 2018, the organization's official website showed more than 40 million projects shared.

He is Vice Chairman of the Scratch Foundation.

He is a member of the MIT Corporation, where he sits on the Executive Committee, and serves on MIT's Visiting Committee for the Media Lab, Electrical Engineering and Computer Science, and Center for Brains, Minds, and Machines, as well as with the advisory group for the Task Force on the Work of the Future.

He is Founding Chair of the advisory board for MIT Quest, an initiative that seeks to discover the foundations of human intelligence.

2019

As of 2019, Two Sigma managed $60B assets globally, and had offices in New York, Houston, London, Hong Kong and Shanghai.

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

In May 2019, a Two Sigma team competed in the inaugural New York City FIRST robotics corporate challenge after setting up a temporary robotics lab in its New York office.

Siegel supports employees contributing to the company's Data Clinic, which uses the pro bono model to connect Two Sigma data scientists on a project basis with the social sector.

In a partnership with the Environmental Defense Fund, the Two Sigma Data Clinic data scientists used public data on inspections of oil and gas wells to develop predictive models that could be used to send inspectors to higher risk sites.

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

He has called machine learning the "story of our times," and despite its limitations, such as a lack of common sense, has described it as "the best way anyone has come up with to algorithmically find knowledge in unstructured data".

Siegel has focused on the importance of separating misconceptions from reality when it comes to artificial intelligence and algorithms.

He has cautioned that A.I. and automation could lead to significant losses of certain middle-skill jobs, but could create new types of jobs for appropriately skilled workers.

He has argued that algorithms such as those used by search and social media companies could harm society by "contributing to increasingly slanted and divided views about the issues of the day."

He has advocated for these companies to form a self-regulatory organization modeled after the Financial Industry Regulatory Authority (FINRA).

Siegel has suggested that if society is going to trust machines with life or death situations, it must "insist on new, tougher standards for their software."

Siegel has also spoken about his concern that we “may not be building a world that is meant for humans” and has been focused on how the Covid-19 pandemic has accelerated society's dependence on technology and automation, negatively impacting the human experience.

He has also argued that America needs a consistent and thought-out plan for investing in and maintaining infrastructure rather than periodically and haphazardly investing in it.

In 2019, Siegel Family Endowment made commitments to CSforALL, and the Constellations Center for Equity in Computing and the Aspen Institute.

Siegel Family Endowment makes mission-driven grants in three interest area portfolios: