Category: insqjabb

  • Blinded By Big Data: It’s The Models, Stupid

    first_imgRelated Posts Tags:#Big Data#Black Swan#data science#Irving Wladawsky-Berger#Nassim Taleb 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting In the Gold Rush to accumulate and put to use Big Data, we may actually be making it harder to actually glean insights from that data. Yet the prospect of data solving all of our problems is so tempting that even the brightest minds of our generation seem confused.Take, for example, Irving Wladawsky-Berger, a strategic advisor to Citigroup and former IBM executive. Wladawsky-Berger is exceptionally bright, someone whose insights into open source helped me a great deal while he was still at IBM. But writing in The Wall Street Journal (“Spotting Black Swans with Data Science“), he “[gets] the Black Swan idea backwards,” as Nassim Taleb, professor at New York University’s Polytechnic Institute and author of The Black Swan, points out. Completely. Backwards.Predicting Black Swan EventsBlack Swan events are major events that take us by surprise, but afterwards yield clear explanations as to why they happened. Examples include the 9/11 attacks, the rise of the Internet and World War I.But they can also apply to business, and so there is a temptation to apply Big Data to spot such Black Swans before they happen. As Wladawsky-Berger writes:This [Big Data] ability to work across data sets and silos could help us get early clues to hard-to-predict, high-impact black swan events, so we can dig deeper into these clues and assess their validity.  When experts investigate catastrophic black swan events, be they airline crashes, financial crises, or terrorist attacks, they often find that we failed to anticipate them even when the needed information was present because the data was spread across different organizations and was never properly brought together.Unfortunately for Wladawsky-Berger’s analysis, Black Swans, by their very definition, cannot be predicted by analyzing the data. Yes, Black Swan events always look eminently predictable in hindsight, yet no one ever predicts them. More Data, More ProblemsEqually unfortunate, the more data we throw at the problem, the more impossible it becomes to predict such events, as Taleb highlighted on Twitter:The bigger the data set, the harder it becomes to sift through the noise to find the signal, because we’re more prone to fixate on incorrect correlations between disparate data sets. As Taleb goes on to note, “The world has today between 50K and 100K variables, hence >1 billion correlations. So the spurious will be used.” Or as Taleb writes in The Black Swan:In business and economic decision-making, data causes severe side effects – data is now plentiful thanks to connectivity; and the share of spuriousness in the data increases as one gets more immersed into it. A not well-discussed property of data: it is toxic in large quantities – even in moderate quantities.Which problem gets worse the more often we look at the data:The more frequently you look at data, the more noise you are disproportionally likely to get (rather than the valuable part called the signal); hence the higher the noise to signal ratio.So what to do?Better Models, Not More Data?Simon Wardley, an innovation researcher at CSC, suggests we should look beyond bigger data to better models, holding that “Historically, it’s been about relative balance and flow between unmodelled to modelled. The value is not the data but the models.”Yet as software engineer Simon Wart reminds us, before the Wall Street meltdown “even low-level IT peons knew the models were a joke [but] our tribal mindset blinded us to the consequences.”Which may well be the problem: we are human. All too human.Whether in our models, our collection of certain kinds of data, or our interpretation of that data, we bring personal biases to the analysis, which Microsoft Research’s Kate Crawford argues in Harvard Business Review. We cannot avoid this bias, and the attempt to look for correlation rather than causation in our data solves nothing.In fact, it arguably makes the problem worse, because it gives us too much confidence in our data.A Little Data Never Hurt AnyoneThe trick, then, is to approach our data with caution. It’s not that data can’t help us anticipate the future. It can. Just ask the City of Chicago, which has a very successful predictive analytics platform used to anticipate crime and health trends, among other things.But there is a reason most enterprises still use Big Data technologies like Hadoop to solve old problems like ETL, rather than analytics. We’re still early in Big Data, and enterprises rightly suspect that Big Data isn’t some magic pixie dust that immediately yields insights into how much to charge, where to market, etc. Big Data can help, but it’s not The Answer.And it’s certainly not the answer to predicting Black Swan events. To do that, you don’t need data. You need hindsight.Image courtesy of Shutterstockcenter_img A Web Developer’s New Best Friend is the AI Wai… Matt Asay Why Tech Companies Need Simpler Terms of Servic…last_img read more

  • Net Neutrality: FCC Shifting Gears On Its Internet “Fast Lane” Idea

    first_imgTop Reasons to Go With Managed WordPress Hosting Tags:#app developers#FCC#Google#Government#music#net neutrality#Netflix#regulation#Streaming video#Tom Wheeler Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… Following a tech-industry backlash, the FCC appears ready to reconsider a proposal that would allow broadband providers to charge Internet services such as Netflix or Google extra for faster connectivity, the Wall Street Journalreported over the weekend.The proposal by the Federal Communications Commission would effectively undermine net neutrality, the idea that Internet providers like the cable or cellular companies shouldn’t filter, slow or otherwise limit the data traffic that flows over their networks. The backlash against the FCC came when its recent proposal allowed for “paid prioritization,” which would allow broadband providers to charge more for companies to deliver their services (like movies on Netflix) to consumers. In essence, companies would have to pay to be in the “fast lane” of Internet service.Commission chairman Tom Wheeler is reportedly aiming to salvage his fast-lane approach by coupling it with a promise to crack down on carriers that abuse their power. It’s unclear whether tech companies unhappy with his original idea will go for this largely rhetorical reprise.Craig Aaron, president and CEO of the nonprofit advocacy group Free Press, said that Wheeler is feeling the pressure to enact meaningful and sustainable policy to regulate net neutrality.“[The FCC is] asking better questions. But they can’t do what they claim they want to do with their preferred legal approach. It won’t work,” Aaron said in an email to ReadWrite.Under its full legal authority, a provision known as Title II of the Communications Act, the FCC could decided treat Internet access as a public utility, thus allowing it more regulatory freedom over net neutrality. In January, a court denied the FCC’s ability to regulate net neutrality based on how Internet providers are currently classified by law.“The FCC needs to adopt clear rules prohibiting blocking and discrimination online,” Chris Riley, senior policy engineer at Mozilla, said in a recent blog post.The commission will hear proposals by Mozilla and others this week when it meets to vote on the plan, but it is not clear in any way if regulators will actually be swayed by such arguments.Lead image courtesy of Shutterstockcenter_img 8 Best WordPress Hosting Solutions on the Market Related Posts anthony myerslast_img read more


    first_imgbengaluru, Nov 19 (PTI)bengaluru, Nov 19 (PTI)Jackpot: Rs 3,59,529 (c/o)Runner-Up: Rs 30,817First Treble: Rs 783Second Treble: Rs 2,051Third Treble: Rs 25,082(c/o).PTI CORR KKU RBS CMlast_img

  • Ready, Get Set, Start-up

    first_imgThe change of guard does not seem to have dimmed Karnataka’s entrepreneu­rial spirit, especially in Bengaluru. There are ever more start-ups registering for business, a reflection of the new Janata Dal (Secular)-Congress government continuing the pro-entrepreneur policies of the previous regime. In the past 2-3 years, special emphasis has been,The change of guard does not seem to have dimmed Karnataka’s entrepreneu­rial spirit, especially in Bengaluru. There are ever more start-ups registering for business, a reflection of the new Janata Dal (Secular)-Congress government continuing the pro-entrepreneur policies of the previous regime. In the past 2-3 years, special emphasis has been given to women leaders, technology and innovation and e-commerce to drive entrepreneurial growth. The focus is now on encouraging start-ups to go beyond Bengaluru.A few ministries like social welfare are actively trying to make entrepreneurship inclusive through incentive programmes. The recently launched Unnati scheme is aimed at creating end-to-end infrastructure for start-ups and entrepreneurs from the marginalised sections of society. Likewise, under the Airavata scheme, the government has partnered with cab aggregators to provide employment to the Dalit community. The long-term plan is to see success stories among the SC/ ST communities. We want economic opportunities and income levels to improve in other towns, says Karnataka social welfare minister Priyank Kharge.Two weeks ago, the Samruddhi scheme was launched where private enterprises will train youths from backward communities in skill development and entrepreneurship. Some 30 companies have already signed up for the training programme, which is targeting 25,000 youths. In manufacturing, the big push is in the areas of LED lights, integrated circuit boards, textiles, mobile phone components manufacturing, sports and fitness goods, and others with a budgetary allocation of Rs 500 crore in 2018-19 for skill development of human resources.Chitradurga, Tumakuru, Ballari, Ramanagara, Mysuru, Yadgiri, Uttara Kannada and Haveri districts are the focus areas to promote entrepreneurship. In 2017-18, the Centre for Entrepreneurship Development of Karnataka (CEDOK) in association with UNDP implemented the Disha scheme to impart training to entrepreneurs in 16 districts. So far, 32,000 people have benefitted. The government intends to extend this scheme to all districts of Karnataka in 2018-19, targeting 100,000 people.advertisementlast_img read more

  • Vegas Computer Releases Score Prediction For Ohio State-Washington

    first_imgThe Rose Bowl game for Iowa vs. Stanford.PASADENA, CA – JANUARY 01: A general view of the exterior of the Rose Bowl before the 102nd Rose Bowl Game between the Stanford Cardinal and the Iowa Hawkeyes on January 1, 2016 in Pasadena, California. (Photo by Maxx Wolfson/Getty Images)We’ still nearly three weeks away from the Rose Bowl, but one Vegas computer is already releasing its prediction for the Granddaddy of Them All. Ohio State and Washington meet in Pasadena after winning their respective conferences.It’s a huge matchup between major programs who had College Football Playoff aspirations entering the season.In the final game for Urban Meyer as the coach of the Buckeyes, can Ohio State secure a Rose Bowl victory for its head coach.According to OddsShark, the answer is no.The Vegas computer predicts a 35.0-34.6 victory for the Huskies over the Buckeyes in the Rose Bowl this year.Ohio State enters the game as a 6.5-point favorite and fields one of the most-dominant offenses in college football this year. Can Dwayne Haskins lead his team to a Rose Bowl victory after getting left out of the College Football Playoff?We’ll have to wait to find out.last_img read more

  • We’ve Got Our First Controversial Call Of The Cotton Bowl

    first_imgThe controversial Clemson fumble against Notre Dame.Clemson and Notre Dame are tied at 3-3 near the end of the first quarter, but Fighting Irish fans are quite upset. They feel they were robbed on a pretty important call midway through the period.After a Notre Dame field goal, Clemson’s Derion Kendrick attempted to return the kickoff, but fumbled near the sideline. A Fighting Irish player recovered the ball.Upon further review, the referees determined that the ball bounced out of bounds before it was recovered.Video shows that the referees had to make a tough call. It look like the ball might be over the line – but it’s hard to tell.Clemson’s Derion Kendrick FUMBLES on kickoff ? but refs rule the balk OUT of BOUNDS ?— BLACK SPORTSCENTER (@VersaceBoyEnt) December 29, 2018Notre Dame thought it had a fumble recovery, but the ball just ?????? out of bounds.Break for Clemson. #CottonBowl— Sporting News (@sportingnews) December 29, 2018If Notre Dame had been awarded the ball, the Fighting Irish would have had first and goal from around the 8-yard-line.Clemson, heading into the game, is around a 12.5-point favorite to prevail.The winner will take on the winner of the Orange Bowl – which is Alabama vs. Oklahoma.last_img read more

  • Wasim Akram welcomes West Indies women’s team to Pakistan for T20 series

    first_img India Today Web Desk KarachiJanuary 30, 2019UPDATED: January 30, 2019 16:54 IST West Indies play Pakistan in a three-match T20I series starting Thursday in Karachi (@TheRealPCB Photo)HIGHLIGHTSWest Indies play Pakistan in a three-match T20I series starting ThursdayWest Indies become the second nation after Zimbabwe to send their teamAll major teams have refused to visit Pakistan for cricket seriesFormer Pakistan skipper Wasim Akram has welcomed the West Indies women’s cricket team to the for a three-match Twenty20 International series starting Thursday. All the three matches will be played in Karachi.West Indies become the second international cricket team after Zimbabwe to send their teams since the terror attack on the Sri Lankan team bus on March 3 in 2009. Since the attack, all major teams have refused to visit Pakistan for cricket series and they were forced to adopt the United Arab Emirates (UAE) as their home ground.”Well done to the West Indies, a nation so passionate that they trailblaze their way to Pakistan for the love of cricket & friendship!Welcome @windieswomen to our country,thank you for giving our @WomenCricketPak a chance to play at home on their own soil! #WomensCricket #PAKWvWIW,” Wasim Akram tweeted.Well done to the West Indies, a nation so passionate that they trailblaze their way to Pakistan for the love of cricket & friendship!Welcome @windieswomen to our country,thank you for giving our @WomenCricketPak a chance to play at home on their own soil! #WomensCricket #PAKWvWIWWasim Akram (@wasimakramlive) January 30, 2019Windies women team arrives in Karachi for the T20Is series.More on #PAKWvsWIW series Official (@TheRealPCB) January 30, 2019Pakistan, Windies ladies are here we are really excited #FriendlyPeople #GreatHospitality aguilleira (@mraguilleira) January 30, 2019T20I Interim Captain for the Pakistan tour @mraguilleira and her team stand by two watchwords…”Adapt and Overcome!”. The @windieswomen are geared up and ready to take on @WomenCricketPak in the 3 T20I match series in Karachi. #LetsGoWindies #PAKWvsWIW Cricket (@windiescricket) January 30, 2019In 2009, the Sri Lankan team bus was attacked by masked terrorists when it was on its way to the the Gaddafi Stadium.Then captain Mahela Jayawardene, Kumar Sangakkara, Ajantha Mendis, Thilan Samaraweera and Tharanga Paravitarana suffered injuries in the attack which killed six security officials and two civilians. The series was called off immidiately and Sri Lankan players returned home.In 2015, international cricket returned to Pakistan when Zimbabwe men’s team visited the country amidst tight security, becoming the first team in first team in six years to play cricket in Pakistan.The two sides played a couple of T20Is and three ODIs at the Gaddafi Stadium in Lahore, with Pakistan winning both the series.In 2017, the International Cricket Council (ICC) organised a three-match T20 series when it sent a 14-man squad to Pakistan. These matches were also played at the Gaddafi Stadium in Lahore. South Africa skipper Faf du Plessis led the World XI team.The matches were organised to commemorate the 70th year of independence of Pakistan and the trophy was named ‘2017 Independence Cup’.Apart from international cricket, the eliminator rounds and the final of the Pakistan Super League (PSL) were played in Pakistan last year.Also Read | Rohit Sharma on the verge of another special milestone in ODIsAlso Read | 2nd Test: Australia seek Sri Lanka relief after tumultuous yearFor sports news, updates, live scores and cricket fixtures, log on to Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Tags :Follow Wasim AkramFollow T20 seriesFollow Women’s T20I seriesFollow Pakistan vs West IndiesFollow PakistanFollow west indiesFollow West Indies in Pakistan Wasim Akram welcomes West Indies women’s team to Pakistan for T20 seriesWest Indies become the second nation after Zimbabwe to send their team to Pakistan for a Twenty20 International series. Zimbabwe’s men’s team had played a short limited-overs series in Pakistan in 2015.advertisementlast_img read more

  • JAMPRO Endorses Mo-Bay Trade Expo

    first_img The Montego Bay Chamber of Commerce and Industry’s Expo 2013, has received the full endorsement of Jamaica Promotions Corporation (JAMPRO).Western Regional Manager at JAMPRO, Conrad Robinson, said the event, which will be held at the Montego Bay Convention Centre from October 11 to 13, is a “good fit for the mandate of JAMPRO.”“We are pleased to be associated with the Montego Bay Chamber of Commerce in the staging of Expo 2013, as it provides for us, an opportunity to enable the business community in Montego Bay, and the wider Jamaica,” he stated.Mr. Robinson was speaking at a special Think Tank held on September 26, at the Jamaica Information Service’s (JIS) Montego Bay Regional Office, to provide details about the upcoming Expo.He informed that a visiting trade delegation from the city of Atlanta in the United States, which will be in Montego Bay during the period of the Expo, has been invited to attend.This, he said, will provide opportunities for Jamaican businesses to engage with the Atlanta delegation, with the aim of forging business linkages.“They will be looking for opportunities in various sectors. So what we are aiming to do at JAMPRO, is to have a good understanding of what their needs are, and to match those needs with providers of goods and services. So it is going to be a wonderful opportunity for the business community to present to this trade delegation, their services as well as products,” he stated.Mr. Robinson said there is also going to be an opportunity for investment promotion, “as we will be presenting the investment opportunities here in Jamaica, and in particular, the western side of the island, to this trade delegation to find out if there are going to be leads that can be developed out of this kind of interaction. This expo is going to be a wonderful opportunity for us to expand the commerce in Montego Bay.”The JAMPRO Regional Manager further stated that there will be far-reaching benefits for businesses that will be participating in the expo as various media will broadcast happenings at the event to markets across the globe.“One of the things that the Expo will provide is an opportunity for showcasing Jamaican goods and services, not just to the local community, but certainly to the international community. We live in a digital age, and once anything to do with the Expo is broadcast electronically, that now becomes a worldwide audience to which Jamaican products, goods and services will be exposed. The opportunities are endless,” he stated.Mr. Robinson said JAMPRO will do the necessary follow-ups to ensure that all the links made at the expo will be explored for maximum returns. The event is a “good fit for the mandate of JAMPRO.” There will be far-reaching benefits for businesses that will be participating in the expo. A visiting trade delegation from the city of Atlanta in the United States has been invited to attend. Story Highlightslast_img read more

  • Google US budget office seek Huawei ban reprieve

    first_imgBeijing: Google and the White House budget office are among the organisations that are seeking reprieve from ban on doing business with Chinese technology company Huawei, according to media reports. Google has asked to be exempted from any ban on Huawei, warning the Donald Trump administration that it would risk compromising US national security if it went ahead with export restrictions on Huawei, according to a report in Financial Times. Google executives worry that the ban would force Huawei to develop its own version of Android and the “hybrid version” of Android could pose security risks, according to the report. Also Read – Spotify rolls out Siri support, new Apple TV app In May, the Trump administration announced a fresh set of measures targeting Huawei, including giving the commerce department power to ban the Chinese firm from selling 5G equipment in the US, as well as a ban on American companies selling their products to the Chinese group, Xinhua news agency reported on Monday. After the ban was imposed, Google suspended business with Huawei, cutting it off from potential updates to Android. Since then, however, the administration has granted a 90-day reprieve to companies to adjust. Also Read – New Instagram tool to help users spot phishing emails In a separate case, the White House’s acting budget chief is pushing for a delay in implementation of key provisions of the law that restricts the US government’s business with Huawei, according to a Wall Street Journal report on Sunday. The ban could lead to a “dramatic reduction” in the number of companies that would be able to supply the government, and would disproportionately affect US companies in rural areas where Huawei gears were popular, Russell T. Vought, acting director of the Office of Management and Budget, wrote in letters to Vice-President Mike Pence and 9 Congressmen. Vought has asked for restrictions on contractors and on federal loan and grant recipients to take effect 4 years from the passage of the National Defence Authorisation Act (NDAA), instead of the present 2 years, to give affected companies time to respond and give feedback. The NDAA, signed by the US President in 2018, includes a ban on US agencies, and on recipients of federal grants and loans, from doing business with Chinese firms or with contractors that make substantial use of the companies’ products.last_img read more

  • Antidote to mobocracy

    first_imgMost people devoid of the unnecessary blinkers of religion and immediate community would agree that mob outrage at the slightest provocation is not just a menace but threatens to fast become a social evil if not checked in time. Acknowledging that there is a need for civil society to come together to counter this notorious phenomenon, the West Bengal government has exemplarily made lynching a punishable offence. There is no doubt that legislation is the very first step to curb this increasing menace; putting a law in place by way of presenting a deterrent sends out a message for accountability for one’s acts, but to establish a strong deterrent like death penalty for aparently randomly provoked acts of mob lynching is a loud and clear announcement for accountability and consequences of one’s doings. The West Bengal Assembly on Friday decided to inflict life imprisonment on those injuring a person and capital punishment for causing death in a lynching incident. The state passed by voice vote for the Bill to punish lynching with death sentence after a series of lynching cases were reported in Kolkata and other districts in the past months and rumours of child-lifters were rife in different areas, particularly in North Bengal. With this, West Bengal is now the second state in the country after Rajasthan to have passed an anti-lynching Bill. Akin to the Rajasthan Protection from Lynching Bill, 2019, the draft The West Bengal (Prevention of Lynching) Bill, 2019, proposed life imprisonment and a fine of Rs 5 lakh as the maximum punishment for someone whose act is found to cause death of a person. However, capital punishment for causing death was inserted in the Bill that was tabled by Chief Minister Mamata Banerjee in the Assembly on Friday. The Bill now carries punishment of jail term of three years to life imprisonment in cases of assault leading to injury, besides fines ranging from Rs 1 lakh to Rs 3 lakh, and in case of death, the convicts can be punished with death sentence or rigorous life imprisonment and fine of up to Rs 5 lakh. West Bengal Chief Minister Mamata Banerjee said that the state government had to introduce the Bill because the Centre had not formulated a law against lynchings. “Lynching is a social evil and all of us have to come together to fight against it,” she said while tabling the draft law in the House. “The Supreme Court has given direction to take action against lynching. We need to raise awareness against the incident of lynchings.” With Friday’s move in the West Bengal Assembly comes an emphatic message with. The Mamata Banerjee government has taken a firm step in the right direction to set an example about the manner of checking such a crime with an iron fist. Rajasthan was the first state on record to come up with such a Bill but it is the Bengal government that has gone a step further and brought in the provision of capital punishment in case of death, considerably altering the character of the Bill and making it ever more stringent. West Bengal’s message of zero-tolerance against lynching is an example for the entire nation to emulate. The Bill garnered support of the Opposition parties Congress and CPM but BJP neither supported nor opposed it in the House, but outside the House, there was some disagreement regarding the bill. Anyhow, it was in the House that the disagreeing party’s opinion counted and the result is for all of India to be thankful for. The Leader of Opposition, Abdul Mannan of the Congress party, who supported the Bill, said, “We hope it will not be misused.” There happen to be two crucial discussion-worthy factors in West Bengal Assembly’s Friday decision: A stringent deterrent law against lynching, and death penalty as a deterrent. There are numerous other crimes that have been on the rise and there has been a widespread demand for capital punishment for those; crimes against women and especially children have outraged public on a much greater and a collective scale. Rape of children and of women have been happening with impunity have been crying out for such a deterrent law. Lynch mobs were emboldened due to lack of any deterring force. Once this law gets acting, we could expect this necessary provision to be a stepping stone for order in other directions.last_img read more