Miscellany

Miscellany

Should it, shouldn’t it, Google debates selling AI to military

Last July, 13 US military comm­a­nders and te­chnology execu­tives met at the Pentagon’s Silicon Valley outpost, 2 mi­les from Google headquarters. It was the second meeting of an advisory board set up in 2016 to counsel the military on ways to apply te­c­hnology to the battlefield. Milo Medin, a Google V-P, tu­r­ned the conversation to us­­ing artificial intelligence in war games. Eric Schmidt, Google’s former boss, propo­sed using that tactic to map out strategies for standoffs wi­th China over next 20 years.

Cyber security a gold mine for jobs: IBM

Global technology major IBM has said there is a massive shortage of cyber security professionals in the country, urging young graduates to look this segment, which is a high-margin segment for companies, as a lucrative career option.

The company, which looks at India both as a market as well as a talent pool to serve the global markets on cyber security, said a whopping 3 million cyber security professionals are required in the country but the supply is not even 1 lakh now, Kartik Shahahni, integrated security leader for IBM India and South Asia, told PTI here.

What Walmart will do next

The sun never sets on Walmart Inc.’s empire, thanks to its network of stores across five continents. But in the span of 10 days, chief executive Doug McMillon has begun dramatically redrawing the retailer’s map, and there’s likely more to come as it places bets to remain on top.

“All of a sudden, everything is in play,” said Dave Marcotte, an analyst at Kantar Retail.

Indian millennials have no trust in politics, politicians

The young India, with half of its population in the age group of below 25, may be at the threshold of becoming the third largest economy in the world. Millennials across the country, however, after watching the recent high-decibel election campaigns, are barely impressed. They believe the political environment is hardly conducive to meet the aspirations of a youthful nation.

As election fever grips Bangalore, the country’s tech city, FC spoke to a handful of millennials to get a hang of their political pulse.

Bullies don’t make best managers

After Nike ou-sted a handful of male executives for behaviour issues over the past few months, some media reports tied the departures to the #MeToo movement and its revelations of sexual harassment and assault. Interviews with more than a dozen former Nike employees, including senior executives, however, paint a picture of a workplace contaminated by a different behaviour: corporate bullying.

Chatbots gaining quick momentum in India

Chatbots seem to be winning the heart of consumers already in India. A recent survey found that some 90 per cent of online shoppers were happy talking to machines compared to human executives.

A chatbot is a computer programme designed to simulate conversation with human callers. Modern day, Artificial Intelligence-driven chatbots often excel humans in performance and communication skills. Therefore, chatbots are fast emerging as ideal customer interfaces across industry verticals.

Consumer durables to be dearer by June-July

Input costs have gone up and the weakness in rupee too has become a concern for consumer durable companies. By June-July, once the summer ends, consumer durable companies are likely to go for a price rise.

Three-quarters Facebook users as active or more since privacy scandal

Most of Facebook’s US users have remained loyal to the social network despite revelations that a political consultancy collected information about millions of accounts without owners’ permission, a Reuters/Ipsos poll released on Sunday showed.

Facebook has faced pressure from regulators, privacy advocates and shareholders since it said in March that political consultant Cambridge Analytica wrongly obtained personal data through a quiz app connected to Facebook. US lawmakers grilled Facebook Chief Executive Mark Zuckerberg for two days on the matter.

Thespian@76

Things between right and wrong become blurry because we live in confusing times. A mistaken notion of majoritarianism is resulting in bestial rapes of the very young and callow, which is striking at the very kernel of human consciousness, hurting sentiment, resulting in outrage; defiling and violating everything that India stands for. Respect for women being upper most and sacrosanct.

Banks don’t want to be weakest link in blockchain revolution

Blockchain, the cutting-edge technology behind virtual currencies like bitcoin, has the potential to play a disruptive role in the global finance sector, experts say, as banking behemoths seek to connect with its opportunities. While banks could reduce their costs, the gains could eventually shift to consumers who could benefit from quicker and cheaper services. “Any disruptive shock – be it technology, economic or political – tends to result in winners and losers, and blockchain is no different,” Colin Ellis, managing director for credit strategy at Moody’s, told AFP.

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