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Showing posts from May, 2018

Artificial Intelligence and Jobs

Artificial Intelligence or AI has transformed the world in many ways. In the past few years, we have seen this technology being adopted for many different uses. While AI is extremely fascinating and helpful, many tech-leaders of today are not very optimistic about it. Tesla's CEO, Elon Musk said that AI poses a greater threat to the world than nuclear weapons {1} . Source A topic that is widely debated on these days is whether AI will create more jobs than it kills. Undoubtedly, AI is going to kill jobs. However, various reports say that by 2020, AI is going to actually create more jobs than that it will kill {2} . Some AI fans and economists agree with this statement. But, there is still a large group of people who do not believe in it. Some argue that only employees who are skilled and educated will be benefited. Unskilled labourers will be left without a job. Elon Musk Let us consider computers. In the 1960s, John F. Kennedy said that the use of computers in off

How the Indira Canteen is a Failure and a Success

Source Indira Canteen is a fast food joint that has been touted as CM Siddaramaiah 's pet project in the city of Bengaluru, Karnataka. The canteen aims to serve 500 people per meal per day. Rahul Gandhi inaugurated this populist scheme of the Congress led Karnataka Government on Independence Day 2017. This was done in run up to the Karnataka Assembly Elections that is taking place five days from today. All 197 wards have their own Indira Canteen, built at a cost of approximately INR 30 lakhs each {1} . The setting up of this canteen is obviously to reduce hunger among the poor. Indira Canteen serves food at heavily subsidized rates by the Bruhat Bengaluru Mahanagara Palike. Breakfast can be availed at Rs. 5 and lunch at Rs. 10. The entire scheme has been well thought of and according to reports has been running smoothly {2} . The canteens are still operational (this is itself a major win for the Government), food is being cooked at remote locations by companies to whom thi