I have spent a lot of time and effort in the last few months to highlight numerous issues with AI, which I call FAI (False AI). To put it succinctly, FAI is a enormous intellectual achievement that has come about at the tremendous financial costs (easily a trillion +) never seen before in human existence…
I keep writing about AI for the simple reason that it’s so complex and different from any other technology in human history that it offers numerous different angles and ways of looking at it. However most of my post are quite predictive in that they imply some kind of general prediction or conclusion about the…
I am sure everyone has by now, read at least a single article about how AI is going to decimate the workforce. The articles go from sad, lamenting the new world of worklessness, to apocalyptic, predicting a workforce reduction of 30, 40, 50% within the next decade, implying widespread hunger and homelessness. We have seen…
No, the title is not a joke. But I am sure to most readers it looks like it is because AI is literally a new God in conceptual terms or a new Gold rush in economic terms or a combination of the two, that’s how it’s portrayed in the media today. If you asked the…
The current rush to AI is not just spectacular, it’s also spectacularly misguided. you Rush to grab money When there is a gold rush, or diamond rush or even an “oil” rush, it makes sense. There is cash to be found in the ground, as all three commodities are just like cash, very fungible as…
Welcome to Our Blog Stay updated with expert insights, advice, and stories. Discover valuable content to keep you informed, inspired, and engaged with the latest trends and ideas. This is a follow-up on my previous article, where I argued that AI is neither ‘Artificial’ nor ‘Intelligence’, but I didn’t include much evidence for my claim.…
AI is everywhere. I am sure people are now organizing introductory classes in kindergartens because the future generation has to be prepared for it (whether they will be the slaves or masters of AI is yet to be determined), the sooner you start, the better, or so the thinking goes. But it’s not the kindergarten…
Do we need yet another framework in IT (Information Technology)? Isn’t there a plethora of them already? That’s a good question, and I have a simple answer. Yes, frameworks galore in IT, they are ubiquitous but they have a point. IT is nothing but a collection of components in search of a purpose, and the…
I recently worked at a fintech company that has been in business long before “fintech” was invented. So, the company was in effect a granddaddy in Fintech domain. What I have seen there is something I have never seen before. The company was devoid of “applications”. It was also the most diverse technical infrastructure I…
If you are an influential, high-ranking business person, have you ever asked yourself this question: Should my business decisions be influenced by my: place of birth, my residency, or my citizenship? Unlikely, unless you are an immigrant. But it is a rational question, although it’s not particularly interesting or relevant in normal times. Economic Theory…