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Showing posts from September, 2017

If I stop competing, won’t I miss out?

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"Me vs Everyone" While reading one of the articles, I came across this question put up by a student to one of the business leaders. The latter aptly answered the question giving various inputs on introspection, skill-building, and prioritizing one’s goals, to the former. One thing that he said that perfectly summed up the answer was: “It is the fear of being judged and fear of failure that holds one back from trying out new things and going out of the box.” Though the student’s question looks simple in terms of one’s urge to compete in this sharp-edged competitive world, it puts light on the behavioral attitude of the millennials that psychologists term as ‘FOMO’. Fear of missing out or FOMO is a tendency where one constantly compares oneself with others and wants to be everywhere with a fear that he/she might miss something important, and thus make him/her feel left out from the rest. Although this attitude is good to some extent, if kept for long, would neg...

Artificial Intelligence and Business

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Advancement in AI- a Business Perspective Back in the 1800s, when the industrial revolution happened, many speculated of losing their jobs due to automation, that is, the assembly line. Yes, many lost their jobs but eventually, many more jobs came up. And it certainly gave businesses a chance to flourish under this new bandwagon and so did our society. Fast forward to the 1900s, when the computer revolution happened, people again feared losing their jobs because of the ease of computational work a computer could do . What happened then was we saw a whole new world of opportunities where everyone contributed as per his/her capabilities and thus we see a connected world today. Again businesses, using this shift, helped to better our society. Advancement in AI (Artificial Intelligence), in the present world, has got the similar properties to what the industrial revolution and computer revolution had back then. People have already made a notion that their jobs are under threat due to...