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Showing posts from 2023

A Decade View of G-20 Presidency

  The G20 is a grouping of the twenty largest economies in the world, including both developed and developing nations. Argentina, Australia, Brazil, Canada, China, EU, France, Germany, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, and the United States make up the G20. Together, the G20 nations account for around 90% of the world's GDP, 80% of its commerce, and two thirds of its population. Traditional concerns like trade facilitation, trade aid, global value chains, and the contribution of trade to employment have given way to new opportunities and problems like excess capacity, rising participation of MSMEs and women in global value chains, trade in services, supply chain security, and corresponding connections between trade and digitalization, health, and the environment. Following covid, inclusive, sustainable, and resilient trade are prioritized. The result documents under the Indonesian leadership once again acknowledge the int

Marketing's Metaverse: The Birth of a New Paradigm

  Technology has advanced at an unparalleled rate in recent years, giving rise to new notions and experiences. The metaverse is one such concept that is gaining traction. The metaverse, as a virtual reality world where users can engage in a variety of activities, has far-reaching consequences for marketing. In this blog, we will look at the metaverse's role in marketing and how it has the potential to change the way businesses connect with their customers.  What exactly is the Metaverse?  The metaverse is a communal virtual shared area that includes numerous interconnected digital worlds. It is not limited to a single platform, but rather a whole ecosystem of virtual landscapes, gaming worlds, and social media. The metaverse can be accessed via virtual reality, augmented reality, or even standard screens. The following advantages can be obtained by utilizing metaverse technology in business, marketing, and commerce:  Increased Customer Engagement - one of the most important benefit

"Redefining Justice: The Imperative for Penal Reforms in India"

 Introduction: The criminal justice system in India is undergoing a critical phase of introspection, particularly about penal reforms. As the social, economic, and cultural landscape evolves, there is a growing recognition that the penal system must adapt to meet the demands of justice, fairness, and human rights. In this blog post, we will explore the key areas that demand reform within India's penal system and discuss potential strategies to bring about positive change. Shift from Retribution to Rehabilitation: Traditional punitive approaches often dominate the penal system. Penal reforms should focus on shifting the paradigm from mere punishment to rehabilitation. Implementing comprehensive rehabilitation programs within correctional facilities can contribute to the reintegration of offenders into society, reducing the likelihood of recidivism. Decriminalization of Non-violent Offenses: The overcrowding of prisons is a significant concern in India. Penal reforms should involve a

Artificial Intelligence: A Journey into Its Evolution, Impact, and Future

 This blog provides an overview of the evolution, impact, ethical considerations, and future prospects of Artificial Intelligence, highlighting both its achievements and the challenges it poses to society. Artificial Intelligence (AI) stands as a testament to humanity's relentless pursuit of innovation and technological advancement. Its journey from conceptualization to implementation has been nothing short of awe-inspiring, revolutionizing the way we live, work, and interact with the world around us. Evolution of AI The roots of AI can be traced back to ancient times when humans began contemplating the concept of creating intelligent machines. However, it wasn't until the mid-20th century that the term 'artificial intelligence' was coined, marking the formal birth of this field. The pioneering work of Alan Turing, often regarded as the father of AI, laid the groundwork for the development of computational machines capable of simulating human intelligence. Early AI syst

IS EXCEL A SKILL REQUIRED NOW-A-DAYS?

  This question I get from students, whom I have been teaching and they find Excel to be a software which is specially designed for accounting purposes or managers preparing their reports. To answer this query, I surveyed and observed many multi-national companies and startups who come to campuses for placements for professionals, and the answer was that Excel skills was one of the criteria. Hence, considering the importance of it, below are top 5 excel functions a professional or student must know for standing out in the workplace or being sought after. 1.        Conditional formatting : One of the tools of Excel to visualize the data in your spreadsheet. Based on the condition put, you can colourfully create patterns dynamically whether it is cell background or cell value, duplicate or unique values. 2.        Pivot Tables/Charts : Another powerful feature provided by Excel, helpful in summarizing large amounts of data ie. Extract the significant characteristics from the datase

Artificial sleep helps AI learn new tasks without losing them

  The phenomenon of artificial intelligence acquiring and retaining knowledge in numerous activities can be likened to the cognitive process of sleep, which aids in the consolidation of information acquired during wakefulness. Maxim Bazhenov, a researcher at the University of California, San Diego, highlights the current prominent inclination to include concepts from neurology and biology into the enhancement of established machine learning techniques, with sleep being a notable area of focus. Numerous artificial intelligences exhibit a limitation whereby they possess the ability to proficiently handle a singular collection of precisely defined jobs, yet they lack the capacity to acquire supplementary knowledge subsequently without forfeiting all previously acquired knowledge. According to Pavel Sanda from the Czech University of Sciences in the Czech Republic, a challenge arises when attempting to design systems that possess the ability to engage in lifelong learning. The process of l

How Robotic Intelligence Is Changing Society and Its Implications for the Future.

  AI has the ability to transform healthcare, banking, education, and other areas, making it increasingly relevant. AI has improved efficiency, cost, and accuracy in several fields. This article examines how AI affects human lives, particularly its role in digitalization. We will also examine its educational progress and future possibilities. One of the most noteworthy implementations of AI in movies was in "Her," when it created a realistic operating system persona. This showed that AI can design unique characters and narratives. AI can automate jobs, produce special effects, and even make movies. AI has helped digitalize society by allowing us to gather, process, and analyze massive volumes of data faster than before. This has created new technology, enhanced business processes, and increased efficiency in various industries. Text, video, and 3D have all been affected by AI. AI-powered processing of natural languages, image as well as audio recognition, as well as computer

Sustainable Marketing Practices: The road to a better future

Sustainability can be summed up as our capacity to satisfy everyone's demands today without compromising the possibilities and security of next generations. Adopting a sustainability focus can have a significant positive impact on businesses, both in the short and long terms. Therefore, businesses must employ sustainable marketing strategies in the modern world, where environmental concerns are spreading. Sustainable marketing not only aids businesses in lessening their environmental impact but also draws in customers who care about the environment. The successful sustainable marketing strategies that can contribute to a more promising and environmentally friendly future will be discussed in this blog. I.Emphasize on Transparency of Supply Chain Making sure of ethical sourcing and supply chain transparency is one of the essential elements of sustainable marketing. Today's consumers are more curious than ever to learn about the origins and manufacturing processes of the goods th

Artificial Intelligence: An Emerging Area

The rapid transformation of the globe is being propelled by the advancements in technology for communication and information.  The objective of this particular edition is to examine some significant developing patterns in artificial intelligence (AI) that propel intelligent industrial applications. In recent decades, a series of technological advancements, including big data data analysis, 5G networks, the Internet of Things (i.e. IoT), artificial intelligence (AI), and cybersecurity, have facilitated the transformation and enhanced the intelligence of various businesses. These technologies enable the efficient processing, analysis, and transmission of vast quantities of data. With the use of this data, experts in the industrial sector are now able to make decisions that are better informed, leading to improved efficiency, safety, and production. Consequently, there has been a significant increase in automation within sectors, leading to heightened levels of connectivity among individu

Automatic health recommender systems

  The amount of data now available makes it extremely difficult to find what we need. While search engines can give relevant information based on content or keywords, they are nevertheless limited by the user's ability to search for relevant information. However, computers can improve recommendations for users by monitoring their activity and interests and proactively presenting relevant content to various persons.Every day, hundreds of new stories are published in the news sector. However, due to space constraints, only a few of them are featured on the website's home page, and users are bound to miss their preferred material due to their various visiting times. A reliable recommendation system can track a user's behaviour and visits and display relevant content to that user. With a huge collection of articles that have a lengthy shelf life in the field of business news, the recommendation system can make outdated information available to the right user based on his intere

Climate Change- A Challenge for Present and Future Generations

  Today, the world is encountering a lot many problems in terms of uncertain societies, uncertain economies and uncertain climate. Climate change is among one of the crises being faced by today’s generations and which has a far-reaching impact on the coming generations.  In simple words, Climate change is nothing but a long-term shift in temperatures and weather patterns. The causes of these shifts may be natural or anthropogenic (human activities induced). Fluctuations and unexpected events in the solar and ecosystem may be understood as the natural causes of climate change. Whereas, use of fossil fuels (coal, oil and gas), unchecked release of industrial waste, greenhouse gas emission, deforestation and pollution are a few anthropogenic factors causing an irreversible and irreparable damage to the climate. increased human and industrial activities have been mainly responsible for climate change and cause of greenhouse gas emissions. Emission of greenhouse gases form a blanket around

How Does a Physical Class Impact Learning?

  A physical classroom refers to a traditional educational setting where students and teachers physically gather in a physical location, such as a school or a designated classroom space, for teaching and learning activities. In a physical classroom, students sit together in the same physical space and interact face-to-face with their teachers and peers.  The impact of physical classroom settings on learning is a topic of significant interest and research in education today. While the world has experienced a shift towards virtual and online learning due to advancements in technology and the COVID-19 pandemic, traditional physical classrooms still play a vital role in shaping students’ educational experiences.  We will thoroughly explore different factors that contribute to the influence of physical classrooms on learning outcomes. Social Interaction: Physical classrooms provide a platform for face-to-face social interaction among students and teachers. Interpersonal relationships and p