Top Management College in Kolkata | PGDM College in India Praxis

A Big Shift from Jobs to Skills

The latest World Economic Forum Future of Jobs report forecasts that 44% of core skills will be disrupted by 2027 and 60% of all professionals will need to be retrained   As the headlines scream of massive job losses, sharply reduced hiring numbers, and an unprecedented churn of human resources, it reveals a tectonic skill […]

Foundation Models: Revolutionising Machine Learning and AI Applications

Foundation models are a cornerstone of the AI ecosystem. While challenges persist, the continued advancement and refinement of foundation models promise to unlock new frontiers in AI innovation, shaping the trajectory of technological progress in the years to come.   Foundation models (FMs) represent a groundbreaking advancement in the field of machine learning (ML), offering […]

How AI Is Redefining Data Careers

Professionally working alongside AI is the future and, rather than being supplanted, the data professionals of tomorrow will be AI-augmented – not automated away!   We are in the midst of an artificial intelligence (AI) revolution that is transforming enterprise data strategies across multiple roles. As AI models require vast training datasets for accuracy, companies […]

How Relevant is Performance Appraisal in the Modern Workplace? – Part II

The fairness, transparency, and legal compliance associated with performance appraisal contribute to a positive work environment. Here’s a look at how organisations can address these sensitive issues and remain free of biases.   So far, we have discussed how performance appraisal remains highly relevant in the modern workplace due to its significant benefits. As the […]

Canon’s Strategic Evolution: Beyond Cameras, Embracing the Imaging Ecosystem

The company is evolving beyond its traditional identity to become a “comprehensive imaging solutions provider” through a remarkable breakthrough in developing a terahertz semiconductor   Canon – ranked first among Japanese companies for 19 consecutive years in patents – has achieved a remarkable breakthrough in developing a terahertz semiconductor. While Canon’s legacy lies in its […]

The Resilience of the Global Economy in a World of Uncertainty

The world economy’s ability to thrive amidst chaos underscores its resilience and adaptability. Despite the myriad challenges it faces, from geopolitical tensions to financial instability, the global economy continues to forge ahead, defying expectations and proving its ability to weather storms. As uncertainties persist, so too does the resolve of economies to navigate through turbulent […]

Unveiling the Power of Spatial Computing

Delve into the immersive world of spatial computing – where reality meets innovation head-on. From augmented reality to virtual immersion, spatial computing promises to reshape business processes, engagement strategies, and revenue models, propelling organisations into the future of human-computer interaction.   Source: Iron Man 2, Marvel Studios   Spatial computing refers to the fusion of […]

New AI Technique Allows Robots to Generate Their Own Expressive Behaviours

Integrating large language models into robotic systems could greatly expand how adaptable, useful and perhaps even caring machines can become in the future   People employ expressive behaviours to effectively communicate and coordinate their actions with others, such as nodding to acknowledge a person glancing at them or saying “excuse me” to pass people in […]

Generative AI: Innovating in the Energy and Materials Sector

The advent of generative AI heralds a new frontier of possibilities for the energy and materials sector. As executives navigate the complexities of implementation, the focus must shift from merely applying generative AI to delivering transformational value. By embracing a strategic and measured approach, organisations can harness their full potential, driving innovation, efficiency, and competitiveness. […]

Climate Change Mitigation Presents Growing Career Opportunities

For young people concerned about environment, it is personally meaningful that the drive toward a decarbonised economy provides chances to pursue one’s career while working toward climate solutions   The worsening climate crisis and rapid growth of clean technologies are creating many new career opportunities. A PwC report finds that climate tech’s share of private […]