Why Success is Spelt with a Capital ‘C’
Part 1 In a volatile, uncertain, complex, and ambiguous (VUCA) world, traditional success metrics are rapidly losing relevance. Market share, revenue growth, and profitability remain important, but they no longer tell the whole story. To survive and thrive in this new landscape, leaders must embrace a new success paradigm rooted in four critical competencies: […]
Fabricating Facts: The AI Hallucination Problem
AI hallucinations pose a major challenge in the development and deployment of AI technologies. By understanding their causes and implementing effective prevention strategies, we can significantly improve the reliability and trustworthiness of AI systems, transforming them from potential sources of misinformation into dependable tools. In a bustling hospital emergency room, a doctor consults an […]
Google DeepMind’s Math-Solving AI: A Leap Towards True Machine Intelligence
The convergence of advanced language models, reinforcement learning, and domain-specific knowledge points to a future where AI systems can tackle increasingly complex and abstract problems. Imagine a digital Sherlock Holmes, not solving mysteries in Victorian London, but cracking the toughest math puzzles that have stumped the brightest young minds. This year, Google DeepMind’s artificial […]
Human Capable AI Agents: Transforming the Workforce
The advent of AI agents raises important questions about the future of employment. The balance between leveraging AI for productivity and ensuring fair treatment of employees will be crucial as we move into this new era of technology. As businesses race to implement new technologies, AI agents are emerging as powerful tools that could […]
The Rise of KANs: Making AI More Understandable
A relatively underexplored concept known as Kolmogorov-Arnold Networks (KANs) is gaining attention as a promising solution to the problems of AI interpretability. Rethinking the architecture of neural networks, KANs offer a way to make AI systems more transparent without sacrificing performance. As AI models, particularly deep neural networks, grow more complex and capable, […]
Keeping Play Alive: How LEGO and Mattel Navigate the Digital Age
As children increasingly gravitate toward video games and mobile apps, the innovation strategies of these two iconic companies are redefining digital transformation – proving to be classic examples of how legacy enterprises have pivoted to stay relevant. In an era where screens dominate children’s attention, toy manufacturers like LEGO and Mattel are redefining […]
California’s Bold AI Bill: Shaping the Future of Tech Regulation
The debate surrounding California’s SB-1047 highlights the broader challenges of regulating emerging technologies. Striking the right balance between innovation and safety is no easy task, and implications could be massive for tech firms – including Indian ones – that have business in California. California, a state known for its progressive policies and technological […]
Faster, Higher, Stronger Part 1: How Athletes Keep Improving Their Performance Every Olympics
While sporting records in the 20th century stood unbroken for years, or even decades, currently they keep tumbling in every athletic meet – big or small! Several interrelated factors contribute to the continual improvement in athletic performance, and testing the limits of physical endurance. Every year, we stare in wonder as athletes keep […]
Harnessing Knowledge Graphs for Advanced Analytics
The ubiquitous knowledge graph has today evolved as a revolutionary tool that connects information in meaningful ways to enhance understanding and decision-making, especially in the fields of Data Science, AI, and Natural Language Processing. In the vast landscape of data-driven technologies, knowledge graphs today stand out as a pivotal tool for organising and leveraging information […]
World Photography Day 2024 | #LightsNShadow Contest | Terms & Conditions
The #LightsNShadows Contest, organized by Praxis, will run from 2:00 PM on 14th August 2024 to 2:00 PM on 18th August 2024. Contest Details: Platform: Instagram only. Theme: Black-and-white photographs, only. Submission Limit: Upload your entries as a single or carousel post on your personal Instagram profile and tag @Praxis_Business_School in collaboration, using the mandatory […]