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The Singularity Simplified ( In about a 100 words )

When Keanu's Reeves character Neo created what was known as the Matrix, a perfect cognitive singularity was formed. A framework of synthetic intelligence capable of expanding one's functionality was surfaced. This is the concept of a  Singularity , in a Nutshell, the ability of an Artificial Intelligence which enables it to program itself to essentially become cognitively superior to its creator. At this point, such Intelligence is impossible to contain as these forms of computational cognition can multiply and decentralise at hilariously fast speeds. Such a scenario seems too far-fetched or science-fictiony ( not a real word ) for now, but with the increase in computational power, data and complexity of neural networks, such a scenario is viable.  For more information check out Ray Kurzweil's book, "The Singularity is Near ".  This is a generic AI picture but hey I needed something for the thumbnail :P

Sluggish Economy needs Revision

In reference to the Edit, 'If It Looks Like a Duck... ' by Omkar Goswami ( Aug 8 ),the government has to take measures to turnaround the stagnating economy. These measures should include the reduction of cash reserve ratios from 4% to 3.5% and statutory liquidity ratios from 18.75% to 17.5%. Also, provision of working capital to businesses cannot be improved if the massive overhang of Non-performing loan Assets is still prevalent. Pragmatic policies from the RBI and the Government have to be earmarked if the economy wants to be revived.  

Sitharaman's New Policy leaned towards industrial input

Apropos the News Report Taking Industry Inputs to Stoke Growth: FM ' ( Aug 6 ) of the Economic Times, the Financial Ministry elucidated that various inputs from leaders in "core" industries such as Auto, MSME's and Real Estate would be taken into consideration when drafting policies to counter economic slowdown. Integrating fiscal policy and industrial opinion is yet another addition to Sitharaman's blueprint. However. These industries have posed numbers which prove to be catastrophic for FPI's looking to expand trade with the Indian sectors. Regaining the trust of significant FPI's would be elemental for FM's new " leaned towards the private sector " outlook. However, the FM must keep in mind the deteriorating domestic investments in these fields considering the current market behaviour. With the Rupee taking the biggest hit in the last 6 years against the dollar, outside nations can take advantage by stabilising their monetary values b...

Memorandum of Understanding for KRMUN 2019 ( Allotment : United States )

Memorandum of Understanding Between the United States of America & All Signed Parties This document constitutes an understanding between the United States through the USTR ( United States Trade Representative ), with ( “Agreed Party ”)to facilitate the development of protectionist policies through Tariffs, Non-Tariffs and Quotas. 1. Objective The objective of this MOU is to express the willingness of both parties to engage in an effort to promote the protectionist policy of the Agreed Party as well as it’s activities to develop and expand relationships with trade administration counterparts of the United States  .  Specific activities under this MOU will be identified through consultation between the two parties.  The United States agrees to provide technical and economical assistance to abet the Agreed Party to carry out activities that will improve or expand the non-existing or pre-existing trade policies to enrich protectionism...

Adoption and Interoperability of Mobile Money In Mexico

Mexico has one of the most diverse financial services landscapes in all of Latin America, including about 250 fintech firms. In fact, 35 percent of the fintech companies in Latin America that serve people left behind by traditional banks are in Mexico, according to fintech start-up accelerator Finnovista. They also project that Mexico’s fintech space could dominate nearly a third of the banking sector within a decade. Mexico’s economy is growing and maturing as the country embraces technical innovation to complement its established exports market. As a result, the country is peaking the interest of the world’s investors and its mobile money market is helping to drive  this change. This is because Mexico’s mobile money market is evolving and innovating in a range of ways to provide a robust infrastructure for investors. The country’s central bank (Banco de México) established an interbank payments system (Sistema de Pagos Electrónicos Interbancarios or SPEI) for low-value tr...

Data Visualisation with Python : My course on Skillshare

Recently, I launched a class on Skillshare called " Intro to Data Visualisation with Python : Create Comprehensive Plots with Matplotlib and Numpy ". It's a class I sought to create as my flagship project for the summer of 2019 This class is all you need to visualise data with Python. It aims to teach the essentials required to visualise data with Matplotlib, a library for plotting in python. The class also covers NumPy in a brief manner, a scientific computing library that goes hand-in-hand with the visualisation capabilities provided by Matplotlib. We'll also work with CSV files with pandas. You'll also be getting the essential coding practices required to create these types of programs. To make the most out of this class, it is beneficial to have some prior programming experience ( preferably python ) but however, it's not necessary. An up-to-date system running Windows, MacOs or Linux with an installed version of python is recommended ( I  will provi...

GDPR for US Marketers and surfacing of Economic Challenges

The GDPR framework issued by the European Union has created its fair share of impact on all firms dealing with some form of data in Europe. Many people might think that the GDPR is just an IT issue, but that is the furthest statement from the truth. It has broad-sweeping implications for the whole company, including the way companies handle marketing and sales activities. However, the implications of this framework are not geographically bound by Europe. U.S. news sites have had a different experience with GDPR than European sites. Two months after the law’s enforcement, more than 1,000 news publishers chose to block European visitors from their sites. According to research from ad tech firm Catchpoint. Ad rates have increased 10 per cent in the U.S. since May 25 and dropped in Europe, according to research from analytics firm Ezoic. Rational economic actors will respond in predictable ways to manage such risk. Data-Backed Securities (DBS) might allow organisations to convert u...