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Artificial Intelligence, Social Media & Elections

Advances in Artificial Intelligence & Data Analytics are propelling innovation in many parts of the world. China, for example, has committed $150 Billion of becoming World leader by 2030, USA $1.1 billion only in Non-classified Artificial Intelligence Research. Its private sector is spending billions in the field from Finance, Healthcare to retail and Defence. India is playing catch-up in these vital areas. It devotes only 0.6% of GDP in R&D. With the rise of A.I. start ups & increased  around policy making, the arrival of A.I politicians is not a big surprise. There has never been a better time to be a Politician. But it is even better to be a Machine Learning Engineer working for a politician. Politicians have a limited number of tools to gauge the temperature of the electorate. More often than not, they had to rely on instinct rather than insight while contesting. Big Data can be used to maximise the effectiveness of the campaign. The next level will be using...

Setting the House in Order

Everyday we compile latest news concerning Indian Economy through different media circulations  to keep ourselves update with the current state of economic affairs of  the country. Indeed it is important  to understand that the economic development of the country depends upon the manner in which management of public finances is carried out by the Govt. In order to keep the house in order, Govt. has the responsibility of prioritising and sequencing the essentials needed in order to boost the economy. Any delay in the implementation of promises made,as such, looses its glare in the eyes of public resulting in assuming weak governance. A balanced approach is needed to maintain relations with other countries keeping view the financial position of the country and the constraints faced within the country itself. Giving donations/ grants should be done in selective cases only when they are financially viable and suitable to the country's economy. In the present scenario, P...

Cloud Accounting Software

Cloud Accounting is Accounting software hosted on remote servers. Using Cloud (as Internet) Accounting Software frees the business from having to install & maintain software on individual desktop computer. Its solution gives access to employees in other departments remote or branch offices to same data and same version of software Cloud based term refers to applications, services, or resources made available to users via Internet from Cloud Computing Provider's Servers. The benefits of  cloud system are:- 1) It can give clear overview of current financial position. 2) Multi-users access making it easy to collaborate with team and advisors. 3) Automatic updates enables use of time for other matters. 4) Everything is run online backed up automatically, reduction in business costs, e.g. version     upgrades, maintenance, system administrator costs and server failures - all managed by     Cloud Service Provider. The flexibility of the software is that...

IPIIP Prog. - Improvement in Indian Economy

It is true that Govt. of India is spending and has focussed on Skill Development for the youth by providing them training/courses for enhancing their career prospects which will give more productivity to the country and strengthen the economy. It is often observed on different media forums about the discussions among the panels the existence of shortage of jobs. The pace of  providing jobs is not adequately addressed for such youth for which increased momentum is needed. Moreover shortage of jobs is inducing trained and skilled youngsters who can afford make attempts to  go for foreign jobs and settle thereby causing  Brain drain out of the country which may effect adversely to the economy in the long run.   It is therefore necessary that the Govt. should start IPIIP which is - "Identification, Promotion and Implementation of Industrial Projects" scheme with active involvement of States.The module be made on industry specific basis, for example IPIIP for Sugar, Co...

Design a Scientific Experiment

Designing a scientific experiment involves planning. The nature of Research question influences how the research will be conducted. When designing the experiment Scientist select from where and how the samples will be obtained, dates and time of experiment,controls being used and other measures needed to carry out Research. Analyzing Data for Research process involves bringing Data together and calculating statistics. These tests help the scientist understand Data tell better what significant result is found. Calculating  statistics for a scientific research experiment uses both Descriptive and inferential statistics methods. Descriptive statistics describe the Data and samples collected, e.g. sample averages or means, as well as standard deviation that tells scientist how the Data is distributed. Inferential statistics involves conducting tests of significance that have the power to either confirm or reject the original hypothesis. After Data from experiment is analysed, e...

Lesson from 2018 for Indian Economy

It is well said that those who study the past can understand future. Knowing and willingness is not enough rather than be carried out to reach, felt and explained by the effected. Keeping promises made in a box and implemented on selective basis gives a sign of weak governance. The closing of the year 2018 is around the corner. What we see in the year being passed of public welfare is that  after the Budget was presented in Jan/Feb this year, regular discussions have started taking place between the Government and the governed at almost all the formats of Public concern about the new schemes launched/ to be launched. The issues/promises can be categorized in three patterns namely; 1) Schemes which are implemented across the Board. 2) Schemes stated to have been launched but  reach people after rules and regulations are framed.      thereby causing delay in its implementation and making public not aware of the procedures      to be followed...

Artificial Intelligence in FMCG sales

Artificial Intelligence enables sales people to predict where sales potential is highest and where opportunities emerge in changing market conditions. Artificial Intelligence on sales has an important but specific role as we see in the solutions and actual usage of Artificial Intelligence in sales. A summary of Artificial Intelligence functions are:- 1) Help in predicting/ seeing where sales revenue & closing potential most likely; yet in the end it is        for the Sales Rep. to judge 2) Help in mining & going through all actions integrated in sales & marketing area to find out     interesting prospects and opportunities. 3) Enhance sales productivity by removing administrative & repetitive tasks as tackled before, of     course it is for the sales people to stop hiding behind the "we have too much to do" as well. 4) Help close gap between marketing and sales lead scoring. This is not a benefit of Artificial   ...

Artificial Intelligence - Use of Data in Elections

 The advent of Big Data and its application in Political elections campaigns changed the old tendency of gauging the sentiments of electorate.  Its use is to maximise the effectiveness of Machine learning systems of a election campaign. With the use of statistical techniques the system can automatically identify different patterns in Data inserted in the system. First time, Big Data was used in U.S. elections in 2012. The scale of the campaign was huge and involved analysis of every detail of voters including their sentiments, behavioral patterns and everything that could impact their voting preferences. The campaign leveraged data from Social Media, Web TV, Mobile Tele-calling etc. The campaign involved statistician, predictive modelers, software programs. The information aggregated using multiple Data sets were integrated under a common platform, diced, sliced and analysed to the minutest detail. The benefits derived out of this exercise is as under: 1) Data Analyt...

Artificial Intelligence on Business Forecasting

The business world today is driven by customer demand. Unfortunately, the demand patterns vary considerably from time to time. That is why it can be so challenging to develop accurate forecasts. The goals of forecasting are to reduce uncertainty & provide benchmarks for monitoring actual performance. A new generation of Artificial Intelligence technologies have emerged that hold significant commitment on improving forecasting process including applications as product demand, employee turnover, cash flow, distribution requirements, manpower forecasting & inventory. Artificial Intelligence systems are designed to bridge the gap between the two traditional forecasting approaches - Managerial and Quantitative. Artificial Intelligence is defined as a Computer Based analytical process exhibiting actions and behavior considered ' Intelligent' by human observers. A.I. attempts to mimic human thought process including reasoning and optimization. One purpose of A.I. is...

Artificial Intelligence shaking up Job Market

The primary drivers of change identified is the role of emerging technologies such as Artificial Intelligence and automation. Technical jobs like Software Engineers & Data Analysts along with technical skills such as Cloud computing, Mobile Applications development, Software testing, and Artificial Intelligence are on the rise in most industries and across all regions. But a number of jobs that have seen the largest decreases in share of hiring over the past five years. These occupation include Administrative Assistants, Customer Service Representatives, Accountants, Electrical/Mechanical Technicians, many of which depend upon repetitive tasks. The effect of Artificial Intelligence is not theoretical, it is very much part of our present. As such, closer look is needed to look into growing presence of Artificial Intelligence skills in the work force impacting different industries and job functions globally. A closer look on skills is needed to create Artificial Technologie...

Energy Management for Electric vehicles

Electric vehicles are becoming increasingly popular all over the world now a days. Many countries have been offering incentives/ Rewards and facilitating establishment of Electric vehicles recharging and Battery exchange stations to encourage use of vehicles by public. Rapid establishment of these stations may lead to major increases in peak loads, contracted capacities and basic electricity charges.Rise in new technologies aimed at reducing human effort when it comes to charging Electric vehicles expands interest in electrified transportation. As such, such stations in their current form may become obsolete by 2030 due to technology advances and making charging more convenient, more natural to owners / Drivers. This results in less of a need to stop for charging, something that shifts majority charging away from home despite bright outlook expanded for residential storage systems. This will be true in densely populated areas since shared vehicle transportation model grows and ...

Economy of South Africa

South Africa is the Southernmost country of the African continent. It is bordered by Botswana and Zimbabwe to the North, Namibia by Northwest, Mozambique & Swaziland by Northeast and Lesotho by East. The country possesses two islands -Prince Edwards & Marion in Indian ocean about 1900 kms. from Southeast of Capetown.The country is renowned for its great natural beauty & cultural diversity which the country a favorable destination for Travelers since 1994. Its major cities Johannesburg, Capetown, Pretoria, Durban & Bloemfontein are the centers of its executive, judicial, commerce & industrial centers. It has a relatively stable economy on agricultural land and abundant mineral resources. The country has a well developed mature large scale mining sector for over 100 years.The country's Platinum group metals reserves expected to last another about 335 years and Coal for 256 years. It represents 8% of GDP of South Africa with total annual income of 500 B...

Prophecies of Nostradamus

Michel de Nostradame was born on Dec.14, 1503  in a Jewish family and was one of the nine children of a well-to-do grain dealer at Saint- Remy-de-Provence, South of France. His Grand father introduced him to Ancient rights of Jewish tradition and celestial sciences of Astrology, giving him first exposure to the ideas of heavens & how they drive human destiny. He had to face wrath of catholic priests due to his inclination towards Astrological inferences during his young age. Despite all these, he completed his doctorate in Medicine in 1525. In 1538, an off handed remark about a religious statue resulted in charges against him.When ordered to appear before a church inquisition, he left the province & travel for several years through Italy. He met a group of monks later on his tour and identify one from them to be future Pope. The monk became Pope in 1585 as per the predictions of Nostradamus. Feeling staying away enough, he returned to France later and started his p...

How to manage clarity of thoughts

Mental clarity is something one create quickly on the spot. It can escape anyone, even Shakespeare probably sat with a pen in hand searching for words to come out of his head or even Einstein had moments when he had no idea even after looking at a page full of formulas. Thus, following tips are essential to be put in practice which can sweep the mind to prevail upon restoration of mental clarity. 1) Simply life - Cut back social obligations if loaded with responsibilities. Getting involved more in connectivity worsen the situation. World won't stop without one output and one will be fine in updating Facebook status or texting / calling / tweeting anyone for a day. Its solution is to have a free electronics once a day in a week and cut back social obligations. 2) Meditate to De-Stress  - Brain can handle one thought at a time barring once as super fast.With lot of unwanted thoughts running in the background one cannot expect conscious thoughts to be clear. Its solution i...

Artificial Intelligence for Lie Detection

Deception is universal phenomenon in human communication & source of moral indignation prevailing in all cultural systems. As such, several techniques of lie detection has been developed over the centuries. One of the first methods of lie detection was done in China in 1000 B.C. The suspect was to chew raw Rice while being questioned. Immediately, thereafter rice was examined. If it was dry, suspect was assured to be guilty of fraud. The assumption was that lie is accompanied by honest signals of body (Saliva) which reveal the anxiety experienced by the suspect. This principle of expressions, quite interestingly, of emotions with deceptive communication is reflected machine based learning. The second part is scientifically based e.g. Polygraph, phrenology and Graphology. This is followed by modern day approaches - Facial Action Coding System (FACS) Functional MRI and Brain Finger printing. The Artificial Intelligence system called 'Deception Analysis & Reasoning...

Nobel Prize Foundation

Alfred B. Nobel (1833-1896) a Swedish Chemist & Engineer by profession, who invented Dynamite and making Bofors a major arms manufacturer, left Nine Million Dollars in his will  to establish Nobel Prizes which are awarded annually to all those who have done best to benefit mankind without regard to Nationality in the areas of Peace, Literature, Physics, Chemistry, Physiology or Medicine and Economic Science. Winning a Nobel Prize is a life changing honor. The award attracts internationally known figure - a Scientist, a Laureate towards recognition highlighting one life's work and provide funds to continue and move ahead towards the mission. For Academics & Institutions, the prize is to attract best and brightest minds - whether students or Scholars. At the outset, it seems odd that an inventor of a powerful explosive would establish a group of awards which include Peace prize. But Nobel was an industrialist with conscience. He credited himself with creation of a control...

Introspection

Introspection is the process of examining our thoughts, feelings and motives. It gears up a system of healthy self reflection, exploration and examination of our Brain and self well-being. It helps us in finding out the mistakes one has done in life and helps to learn from such mistakes. It gives a chance to catch ourselves repeating patterns which one find pain and need to change. It is valid and reliable scientific method of exploring and reflecting own consciousness and judging our attitude and behaviour. This term 'introspection' was used by Wilhelm Wunpt  who opened Institute of Experimental Psychology at the University of Leipzig in Germany in 1879. Its main benefits are - 1)  Strengthening emotional intelligence since one is taking time to reflect while looking inwards. 2)  Become more confident. 3)  Acting with integrity, to be clear on our own core values to strengthen theory to take better      decisions. There are seven ways to in...

How Artificial Intelligence can be helpful in saving our Planet

Artificial Intelligence has been used to development technologies of collecting Big Data used by the businesses for years now. It can be for Manufacturing, Sales and Marketing, Healthcare, Logistics, Transportation, Speech recognition, Discussions with customers, Transportation and many more. In addition, Artificial Intelligence can be a important tool which will have impact on Human kind & can do to serve our planet as well. Given here under are the seven ways in which it can do so -  1) Energy Grids - In order to meet challenges for efficient use of Power, Artificial Intelligence is              now beginning to learn patterns of energy use by Day & Night, Geography, and Seasons. By       collecting this data, predictions can be for its Right distribution, Load management and Storage       needed. 2) Smart Farming and food distribution - A.I. can help in detection of crop diseases in its early ...

Economy of Singapore

Singapore is one of the world's prosperous nations. It has been ruled by People's Acton Party (PAP) since its independence in 1965 from UK. Singapore's highly developed free-market economy is successful due its prudent monetary  & fiscal policies and a transparent legal framework. The Govt. is for implementation of active industrial policy to promote economic development & diversification & is promoting business by significant public investments and targeted fiscal incentives. Well secured property rights, promote entrepreneurship & productivity effectively. Singapore is one of the least corrupt countries though power of deeply entrenched political elites continue to raise concerns. Labour laws allows relatively free hiring and firing practices, Govt. has started making approvals of foreign labour difficult. The top  income tax for individuals is 22% and Corporates 17%. The tax burden is 13.6% of total Domestic income. Govt. funds generously Housin...

Artificial intelligence and Robotics

Robots and Artificial intelligence serve different purposes. These two fields are entirely different. Robots are entirely programmable machines able to carry out one or more tasks automatically with speed and precision. The three factors which constitute a Robot are - Interaction with physical world via sensors and activators, Programming, autonomous and semi- autonomous functions. There is no standard definition of Robot thinking which requires Artificial Intelligence. As well, a Robot involves designing, building and programming physical Robots. Only a small part of it requires a part of Artificial Intelligence. Artificial intelligence is a branch of computer science involving development of computer programs which would require human intelligence. Artificial Robots act as bridge between Robotics and A.I. These Robots are controlled by A.I. programs. Many Robots are not artificially intelligent since they were programmed only to do repetitive movements, so do not require A...