Author: TJ Ravishankar

Prose of the world: AI and Scenario AnalysesNew 

Whether you are a manager, investor, policy maker, or analyst some hue or the other, scenario analyses is part of your job portfolio. Analyses not just analysis, because the world is open to multiple interpretations, some credible, some beguiling. Since ‘analysing data’ has become easier and faster with some AI agent, as even Excel too will be embedded with AI, the job of all these professionals has more to do with building scenarios. How AI can assist you is really a function of the breadth of your thinking.

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Hide and seekNew 

There is a continuing debate on ethics and AI. It is probably a premature debate because we have not even succeeded in addressing the serious and sustained problem of the lack of transparency and misuse for personal gain in contemporary information technology, especially as it is used in markets. The number and scale of recent scandals in crypto has put paid to the assumption that technology will usher in transparency. If anything, the contrary appears to be the stronger probability. The misuse of systems, any system, is not a new phenomenon.

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AI: Getting down to building a business

Trillions of dollars in business are an alluring prospect in the AI products/platforms space, which will attract billions in investment. Throwing money is not going to fetch results. Just as it happened in the early stages of telecommunications, which was a huge learning for everyone including and especially the companies and governments – because everybody got it wrong – the AI market too will force interested parties to think carefully before plunging. Clinging to entrenched notions could be a path to disaster.

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