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Explore the complexities of auditory processing and its relevance to modern technology in this 1-hour 12-minute lecture by Malcolm Slaney from Yahoo! Research Labs. Delve into the challenges of processing acoustic information in noisy, real-world environments and understand why context and top-down considerations are crucial in auditory perception models. Examine various examples from both visual and auditory perception to grasp the importance of these concepts. Discover potential directions for future research in this field and learn why major tech companies like Yahoo are invested in improving auditory processing capabilities. Gain insights from Slaney's extensive experience in computerized imaging, auditory modeling, and multimedia analysis as he discusses the implications of these technologies for navigating and understanding the noisy data prevalent on the internet.