The AI Paradox

From definitional issues of AI to the huge debate on AI leading to job losses, this article briefly addresses the AI paradox. Is AI any different from Machine Learning? What kinds of jobs at risk? People might imagine that AI driven automation will mainly replace manual labour which is not intellectually demanding, the reality is that the opposite is true: AI driven automation, is much more suited to intellectually demanding tasks. Put another way, if you wanted to beat chess grandmaster Magnus Carlsen, you would choose a computer. If you wanted to clean the chess pieces after the game, you would choose a human being. What is easy for humans is difficult for Robots and vice-versa, which is the Moravec’s paradox of AI. Read more to find out…

Is the Internet Shrinking?

The last decade has seen a transformation in the way knowledge is produced and consumed. But who controls the knowledge? From 23,500 websites in the early days of internet (1995), it has grown to over 1.3 billion websites today. We thought the internet will allow free expressions, there will be millions (actually billions :)) of web sites and everyone can have a place under the sun and self-publish, get their words across. We thought it was the end of the gatekeepers. But we see
that the internet is actually shrinking! And why? If everyone speaks at the same time, can anyone be heard? ? Read more…

I Got Your Attention- But it is worth less than a 10th of a cent (as per Facebook)

There is fight for attention, but attention itself is cheap. Now if this article has reached you, Facebook deigned that it could be of your interest. Facebook gave me an offer to promote my blog post for USD 3 to reach 5400 people. But I could have force fed it to you for just 4 Indian Paise(less than a 10th of a cent). All of us are economic agents for Facebook and Google. Even when you are idling in office (on internet), you are making money for someone, if not for your boss/employer. And this part-time wealth creation venture of yours is what enables you to read for such fantastic content that are you are about to read now. Read more…

Should Google be Regulated?

The “do no evil” company changed the slogan “to do the right thing” in October 2015. And they are doing the right thing- if you are a Google Shareholder- you are definitely happy 🙂 . Google dominates the search engine market globally. Recently, Google has been fined a record 2.4 Billion Euros by EU, for what they call, “abusing internet search monopoly”. This blog presents my view on- Did EU get it right? Can Google be called a natural monopoly? What will it take for a competitor like Bing to reach where Google is? Can Google search easily be construed as a public utility and is it time for it to be regulated? So, should you sell your Google stock now? Read more to find out…

Uber takes YOU for a Ride- Uses Machine Learning to Maximize the Fare

How desperate are you to get to your destination?  Very? Then be ready to pay a higher price for your Uber ride. Uber is using Machine Learning Algorithms to estimate how much a customer is willing to shell out for a ride. You could be a young woman waiting to get back home from a late night party in New Delhi, or you could be someone rushing to a hospital to visit your close ones or someone getting late to an official meeting- Uber could easily know that using Machine Learning and the data that you have willingly handed over. It can understand your level of desperation and prices the ride just below the level you are willing to pay. While you will take the ride, be sure have been taken for a ride!

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