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Showing posts from March, 2019

AI vs Jobs: Who's to blame?

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The robots are knocking at our doors, calling out for employment in industries. Thanks to Artificial Intelligence, we're braced for the world's biggest transformation, since the industrial revolution. With the recent breakthroughs in technology, many jobs could cease to exist. As per one estimate, 40% of the world's jobs would be replaced by automated robots capable of doing their own tasks. The simplest jobs would be the first to go. Those who depend on earning their livelihood could be the worst impacted. The conspiracy theorists, the technologists, the scientists, the engineers, even the journalists seem to carry their own subjective views... The Fuss about Machine Learning... Let's first talk about this Machine Learning thingy. Computers are exceptionally great at following rules, written into programs. If you have a low credit card score, the interest rate on your card should be at a certain level, that's a rule a computer follows. Keep adding r

In Musk We Must Trust

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Tesla has finally unveiled its standard range of Model 3 sedan for $35,000- jumping to the next step of its master plan to boost its revenues. Though the company is incredibly excited about its latest achievement, the investors have their own reasons to be concerned. They fear that launching its next range of affordable cars may make the company lose its exclusivity. Tesla CEO Elon Musk has recently announced in a conference on Feb 27th that Tesla's latest affordable Standard Model 3 will have 220 miles of range, a top speed of 130 mph and it will accelerate from 0 to 60 miles per hour in 5.6 seconds. Tesla is also offering higher performance, long-range version of Tesla, Standard Range Plus , for which you will have to pay $2000 more. "For 6% more money, you get 9% more range, more power, and an upgraded interior", said Tesla in a blog post. Musk also said that Tesla will be shutting down more of its stores in the coming months and laying off most of the worke