Top Management College in Kolkata | PGDM College in India Praxis

Groundbreaking Promise of Few-Shot Learning

The constant quest for efficient ways to extract insights from data has led to groundbreaking advancements over the years. Among these, few-shot learning (FSL) stands out as one such revolutionary approach, enabling us to draw meaningful conclusions from minimal data.   What is Few-Shot Learning? Few-shot learning is a specialised branch of machine learning designed […]

Securing the Future

Business leaders are seeking more effective and integrated strategies to combat the rising tide of ransomware, malware, phishing, and other digital threats, and platformization is changing the game   As cyberattacks continue to escalate in scope and scale, organisations across the globe are rethinking their approach to information security. From the C-suite to security operations […]

Growing Clout of Data Science – Part II

As data science continues to evolve, its impact on industries will only intensify. Businesses are embracing this transformative domain and developing robust data strategies with an urgency to be well-positioned and capitalise on the opportunities. Find out how data science is revolutionising key sectors   How Industries are Harnessing the Power of Analytics In Part […]

Decoded – A Primer on ML-Based Forecasting

Machine learning (ML) has revolutionised numerous fields, and forecasting is no exception. Several forecasting competitions, such as those hosted on Kaggle have demonstrated the strong empirical performance of ML methods in forecasting tasks. Despite their success, understanding the underlying mechanisms that contribute to their effectiveness remains a complex challenge. Here, we decode some key steps. […]

AI’s New Milestone

Studies demonstrating AI can pass both traditional and moral Turing Tests highlight the increasing sophistication of AI systems today. While these developments offer exciting possibilities, they also prompt critical reflections on the ethical implications and the future role of AI in society.   The Turing Test, conceived by Alan Turing in his 1950 paper “Computing […]

AI Reshaping – A Double-Edged Sword

Over three-quarters of knowledge workers across the world are now using generative AI assistants at work, but experts warn that successfully integrating AI into the workplace will require a delicate balance   The rapid rise of generative AI (GAI) tools like ChatGPT has sent shockwaves through the modern workplace. According to a new report from […]

India’s Philanthropy Spending Reaches $280bn

A recent report paints a compelling picture of the growing need for investment in India’s social sector and reveals how India’s philanthropic community is poised to position the country as a hub for social innovation   The Indian social sector spending over the last five years experienced a robust annual growth of 13% and currently […]

Growing Clout of Data Science – Part I

The US Bureau of Labor Statistics forecasts that data scientist roles will remain among the fastest-growing jobs in 2024. Even without much hype or pronounced fanfare, professions built around data science are steadily growing in clout   Peter Sondergaard, former Senior Vice President at Gartner, had once memorably stated, “Information is the oil of the […]

Financial Analysis using GPT-4

The landscape of financial analysis is undergoing a seismic shift. Recent research from the University of Chicago demonstrates that large language models (LLMs), specifically OpenAI’s GPT-4, can conduct financial statement analysis with an accuracy that rivals – and often surpasses – that of professional human analysts. This breakthrough has profound implications for the future of […]

AI Revolutionises the Workplace

A comprehensive report produced by Microsoft and LinkedIn affirms that the challenge and opportunity for leaders now is to steer their organisations through significant technological shift and ensuring they leverage AI for transformative business outcomes   As tech professionals face job losses, organisations are on the other hand finding it difficult to fill certain roles. […]