Blogs

Human Element is Still the Key in Generative AI

Without human intervention, especially subject matter experts from the particular domain, a Generative AI model will simply be unable to create anything worthwhile   Very often people want to know the tool or chatbot used to generate a photograph or a painting. The underlying objective is that once the tool is known, they too couldRead More

The Promise and Pitfalls of Large Language Models in the Workplace

While costly and complex to develop, LLMs offer users the promise of performing language-based tasks with efficiency and scale previously limited to human capability. But are they truly the job-replacing titans some predict them to be?   Large Language Models (LLMs) today have emerged as a major technological breakthrough, propelling our abilities to generate textRead More

The Delegation Dilemma of Leadership

Effective delegation requires a nuanced understanding of trust dynamics between individuals and organizational processes – emphasizing the need for leaders to carefully assess the level of trust in both people and processes   To delegate or not to delegate? When to delegate, when to control?How much to delegate and how much authority to hold back?Read More

Problem-Solving and Innovation: Fundamental pillars of business studies – Part I

By integrating problem-solving and innovation into business studies, management institutions can cultivate a holistic skill set that empowers future professionals to navigate the complexities of the corporate world   In the dynamic landscape of modern business, success hinges not only on the ability to identify opportunities but also on adeptly navigating challenges. Problem-solving and innovationRead More

Harnessing the Power of Large Language Models to Revolutionise Data Annotation

Contemporary LLMs possess exceptional language comprehension capabilities, contextual understanding, and text generation capacities that make them uniquely suited to take on data annotation tasks at unprecedented scale and speed   Data annotation is the labelling or tagging of raw data with relevant information, essential for improving the efficacy of machine learning models. The process, however,Read More

AI and the Nexus of Innovation

AI’s evolution, Nvidia’s pivotal role in chip design, tech giants’ constant pursuit of custom chips– the quest for energy efficiency and sustainability in AI innovation continues, as does the pressing need for strategic investments and environmental stewardship   The landscape of artificial intelligence (AI) is a multifaceted terrain, brimming with a plethora of applications thatRead More

Under the Hood of the Fastest Growing Major Economy in the World

India’s economy roared in Q4 2023, defying expectations with an 8.4% surge in Gross Domestic Product (GDP), the key measure of overall economic output. But is it sustainable, and what caveats need to be considered? Read on as we unpack the details of the number making the headlines   To understand how well the economyRead More

The Evolution of Wholesale Payments

The future of wholesale payments belongs to banks willing to navigate the shifting landscape, secure valuable touchpoints with clients, and remain competitive amidst growing competition. We have reached an inflection point – decisions made today will shape banks’ positions in the wholesale payments market of tomorrow.   The landscape of wholesale payments is undergoing aRead More

A Tenfold Path to Industry Readiness

Key strategies for grooming management students to become industry-ready, ensuring they can thrive in the dynamic and competitive business environment of today and tomorrow   The modern business landscape is constantly evolving, driven by technological advancements, shifting market dynamics, and changing consumer preferences. To succeed in the new age workplace, management students must equip themselvesRead More

Interconnected Risks Rapidly Rising

In a recent survey of over 700 risk management professionals worldwide across major industries, 83% say that risks are becoming far more interconnected and harder to segregate, leading to outsized impacts    A groundbreaking global study by Accenture has revealed that the growing interconnectedness of systems, supply chains, and sectors is causing a swift emergenceRead More

© 2023 Praxis. All rights reserved. | Privacy Policy
   Contact Us
Praxis Tech School
PG Program in Data Science