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Where is the AI Talent headed?

Tech giants are investing heavily in AI (and AR, VR) and searching the globe for the best AI and cutting edge technology talent.
Baidu chief scientist Andrew Ng said on Wednesday he will resign from the Chinese search engine company after three years of leading its drive into artificial intelligence (AI) and augmented reality (AR) projects, reports Times of India. 
Ng, who announced his departure in a blog post on online publishing platform Medium, did not say where he would be heading to next, but said he would continue to be involved in entrepreneurship and research in the AI space. "As the principal architect of Baidu's AI strategy, I am proud to have led the incredible rise of AI within the company," he said in the post. "I will continue my work to shepherd in this important societal change."
His resignation comes as Baidu has been ramping up its focus on cutting edge technology to revitalise the company's shrinking profits, and after the company hired…

Data Giants

When interviewed about the Idea-Vodafone merger in India, Vodafone CEO Vittorio Colao is reported as saying that the main reason for the merger is data - "More than Jio or Airtel, I think it’s the arrival of data which is the key reason. Data, as you know, is very capital-intensive and requires a lot of spectrum".

Digital infrastructure is needed to allow millions of users access to greater amounts of data use and higher speeds. Users want more and more mobile content and this is creating huge data rich companies that have access to huge amounts of users' data.

SJP @DigitalAsian - ShareYaar

IoT Police

An Ohio man claimed he was forced into a hasty window escape when his house caught fire last year, reports Times of India. His pacemaker data obtained by police showed otherwise, and he was charged with arson and insurance fraud. In Pennsylvania, authorities dismissed rape charges after data from a woman's Fitbit+ contradicted her version of her whereabouts during the 2015 alleged assault. Vast amounts of data collected from our connected devices -- fitness bands, smart refrigerators, thermostats and automobiles, among others -- are increasingly being used in US legal proceedings to prove or disprove claims by people involved.
In a recent case that made headlines, authorities in Arkansas sought, and eventually obtained, data from a murder suspect's Amazon+ Echo speaker to obtain evidence. The US Federal Trade Commission in February fined television maker Vizio for secretly gathering data on viewers collected from its smart TVs and selling the information to marketers. The mak…

Music, Art and Literary Events in India

Music, art and literary events are catching on in India in a big way. They are there for brand promotion and for tourism development. India may not boast world famous music events just yet, reports Economic Times. What the country can take pride is music festivals that can attract huge crowds. Say hello to music tourism, which in the Indian context includes music and dance events at popular — and not so mainstream — cultural, heritage and tourist destinations.
To be sure, Indian music lovers can now look forward to a packed calendar of annual events that kick off with Nariyal Paani, a multi-genre event in January in Alibaug, right up to Sunburn in Pune (which was shifted from Goa in 2016), the popular electronic music carnival in December. In between these two popular fests are a few less mainstream events such as the Ziro Music Festival of Arunachal Pradesh. Every fall, music enthusiasts head towards India’s far east to the mystical Ziro valley at a height of 5,800 feet. Nestled dee…

Using universities to attract global startup talent

Using universities to attract global startup talent

Chicago Mayor Rahm Emanuel has announced that five Chicago-based universities will launch the Global Entrepreneur-in-Residence (EIR) Program, reports Times of India. The universities -- Columbia College, DePaul University, the Illinois Institute of Technology, Loyola University and Northwestern University -- will work with the city of Chicago and sponsor between 10 to 20 visas for start-up founders in the first year of the programme, American Bazaar online reported on Thursday. "We want entrepreneurs to see Chicago as a place where their ideas dreams their companies can happen," Mayor Emanuel said in a press conference on Wednesday. "I believe this initiative ... is saying yes to entrepreneurship, yes to diversity and most importantly, yes to the future of the city of Chicago."
The universities will sponsor entrepreneurs based on their company's growth. Early stage entrepreneurs will be employed part-time for…

Captives of Industry

Captive units of the largest global financial services firms like Citigroup, Goldman Sachs and Wells Fargo are growing faster than the $150-billion Indian IT industry - a troubling sign for Indian technology services companies which get almost half their revenues from that sector, reports Economic Times. Regulatory filings made by these captive units, accessed by ET, show a scorching pace of growth.Revenue grew by 68% to Rs 1,531 crore in fiscal 2015 for Citigroup arm -Citicorp Services India. The unit registered 66% growth in the previous year. American bank Wells Fargo's captive grew 31% in fiscal 2015 and 41% in the previous year while Goldman Sachs' captives revenue expanded by 15.7%.
In contrast, the Indian IT industry's revenues grew 13.1% in fiscal 2015, with the country's largest IT services firm, TCS, growing at 15% and Infosys at 5.6%. To be sure, the likes of TCS and Infosys are growing off a larger base, with revenues upwards of $15 billion and $8 billion …

How to Influence People

Shereen Sikka Bharwani is a Maybelline ‘It Girl’ and one of the global influencers for the make­up giant that flew her to New York to capture the zeitgeist of contemporary fashion on America’s eastern seaboard, reports Economic Times. Dove chose her for its real beauty campaign, while Jet Airways signed her on for the London Fashion Week. The 29 ­year ­old Bharwani is no movie star or sports celebrity, however. She is among the swelling ranks of young social media users who are creating careers leveraging platforms such as Instagram and YouTube. They are the latest campaign managers for product categories as diverse as fashion, food, fitness, beauty, or music, and are harnessing content to influence consumers. “I started off on social media platforms as a regular consumer, but when I started blogging, I saw the potential of such social media platforms such as Instagram and thought of harvesting this opportunity for promoting my blog content that had a further outreach,” said Bharwani…