Author: Colin Henderson

Progress in era of productivity
AI

AI’s Promise for the Global Economy

Colin Henderson

Credit: CFOTO/Future Publishing via Getty Images  10 min Read Download PDF  If properly used, it could significantly accelerate economic growth and help productivity growth rebound  The postpandemic global economy is beset by slower growth, the most persistent inflation in decades, limited progress on sustainability, and high borrowing costs weighing on investment, including the massive investments needed for the energy transition. Perhaps the strongest headwind, though, is sluggish productivity growth since the global financial crisis. AI is our best chance at relaxing the supply-side constraints that have contributed to slowing growth, new inflationary pressures, rising costs of capital, fiscal distress and declining … Continue reading AI’s Promise for the Global Economy

AI

A Generative AI Roadmap for Financial Institutions

Colin Henderson

http://www.linkedin.com/posts/the-innovation-brand_a-generative-ai-roadmap-for-financial-institutions-activity-7237006524877860864-u016 A Generative AI Roadmap for Financial Institutions By Stiene Riemer, Michael Strauß, Ella Rabener, Jeanne Kwong Bickford, Pim Hilbers, Nipun Kalra, Aparna Kapoor, Julian King, Silvio Palumbo, Neil Pardasani, Marc Pauly, Kirsten Rulf, and Michael Widowitz READING TIME: 15 MIN Key Takeaways Generative AI offers financial institutions a route to immense new growth—but only those that take transformative action will find their way. A new BCG report lays out a comprehensive executive roadmap. A forward-looking AI vision built on the right culture and people strategy is imperative. Integrating GenAI into existing frameworks is important, but reimagining traditional operations requires a complete AI transformation. Tentative tweaking will not unlock the competitive edge that … Continue reading A Generative AI Roadmap for Financial Institutions

Sociology2

The Far Right Threatens the Unity of Germany, and the West

Colin Henderson

The Far Right Sept. 4, 2024 By Serge Schmemann Editorial Board Member Historical memory is bound to shape the first reaction to the powerful showing of a far-right party in two German state elections on Sunday. Nonetheless, there is nothing specifically German in the appeal of populism and extremism, especially among populations confused and threatened by a complex, unstable and vaguely threatening world. It’s endemic in the former Soviet satellites, but familiar, too, in the most venerable democracies. It was populism and extremism that won in Sunday’s elections in the neighboring states of Thuringia and Saxony, both in what was formerly … Continue reading The Far Right Threatens the Unity of Germany, and the West

Middle East

Iraqi Special Forces during an operation against ISIS fighters in the desert of Anbar, Iraq, in 2022.Credit…Thaier Al-Sudani/Reuters

Colin Henderson

By Eric Schmitt Eric Schmitt covers U.S. national security issues, including military affairs and counterterrorism. Sept. 3, 2024Updated 6:51 p.m. ET American and Iraqi commandos raided several Islamic State hide-outs in western Iraq last week, killing at least 14 ISIS fighters in one of the most sweeping counterterrorism missions in the country in recent years. Seven U.S. soldiers were injured as more than 200 troops from both countries, including backup forces, hunted down fighters in bunkers over miles of remote terrain, U.S. and Iraqi officials said, adding that the size, scope and focus of the mission underscored the terrorist organization’s resurgence in … Continue reading Iraqi Special Forces during an operation against ISIS fighters in the desert of Anbar, Iraq, in 2022.Credit…Thaier Al-Sudani/Reuters

AI

Nvidia Takes an Added Role Amid AI Craze: Data-Center Designer

Colin Henderson

More on Nvidia role from WSJ in AI data centre design and operations. Chief Executive Jensen Huang is increasingly broadening his company’s focus—and seeking to widen its advantage over competitors—by offering software, data-center design services and networking technology in addition to its powerful silicon brains By Asa Fitch https://www.wsj.com/tech/ai/nvidia-ai-servers-data-centers-ab7ad6a0?st=bw2rsqnqzgc9my0&reflink=article_copyURL_share Continue reading Nvidia Takes an Added Role Amid AI Craze: Data-Center Designer

AI

Teachers to get more trustworthy AI tech as generative tools learn from new bank of lesson plans and curriculums, helping them mark homework and save time

Colin Henderson

The UK government announced a new project today that will enhance AI’s ability to assist teachers in marking work and planning lessons.From:Department for Science, Innovation and Technology, Department for Education, The Rt Hon Peter Kyle MP and Stephen Morgan MPPublished28 August 2024 Using AI tools to help reduce teachers’ workload. Artificial intelligence will be better at helping teachers mark work and plan lessons under a new project announced by the UK government today.  The project, backed by £4 million of government investment, will pool government documents including curriculum guidance, lesson plans and anonymised pupil assessments which will then be used by AI companies to train their tools so … Continue reading Teachers to get more trustworthy AI tech as generative tools learn from new bank of lesson plans and curriculums, helping them mark homework and save time

AI

Is Your Customer Data AI-Ready?

Colin Henderson

From creating personalized content to enhancing productivity, generative AI has the potential to help companies transform marketing operations Generative AI has made its way into nearly every industry, promising to change the way organizations do business. However, while generative AI can be a catalyst for creativity and innovation, it does not replace human oversight and input.    As leaders invest in implementing generative AI to enhance their marketing operations, it’s critical that they invest in the right foundations to help ensure success. One such foundation is an AI-ready data strategy.    Successful generative AI projects rely on large amounts of data to work … Continue reading Is Your Customer Data AI-Ready?

Climate

A Rare Coincidence of La Niña Events Will Weaken Hurricane Season

Colin Henderson

Annalisa Bracco Zachary HandlosAug 31, 2024 3:00 AM THIS ARTICLE IS republished from The Conversation under a Creative Commons license. The North Atlantic Ocean has been running a fever for months, with surface temperatures at or near record highs. But cooling along the equator in both the Atlantic and eastern Pacific may finally be starting to bring some relief, particularly for vulnerable coral reef ecosystems. This cooling comes from two climate phenomena with similar names: La Niña, which forms in the tropical Pacific, and the less well-known Atlantic Niña. Both can affect the Atlantic hurricane season. While La Niña tends to bring conditions ideal for Atlantic hurricanes, the … Continue reading A Rare Coincidence of La Niña Events Will Weaken Hurricane Season

Writing

Create a Digital Commonplace Book

Colin Henderson

Readers have collected their favorite literary lines for centuries. Now compiling a portable word scrapbook is easier than ever. By J. D. Biersdorfer Feb. 10, 2021 Creating a commonplace book is somewhat like marking your favorite lines in a novel with the Amazon Kindle highlights feature — except your personal one-stop knowledge repository can also include song lyrics, movie dialogue, poems, recipes, podcast transcripts, and any inspiring bits you find in your reading and listening. The commonplace book is not a new concept: Copying down your favorite lines from other people’s works into your own annotated notebook was a standard exercise in Renaissance Europe, and the … Continue reading Create a Digital Commonplace Book

Innovation, quantum

Taking a Globally Orchestrated Approach to Digital Disruption (Bain Brief)

Colin Henderson

[Bankwatch note] Bain produce a nice overview of emerging digital technologies and how to think about them. —- —- New technologies such as generative AI, quantum computing, and climate technology require unique but complementary managerial muscles. By Laurent-Pierre Baculard, Truc Mai Dupont, and Christian Tooley At a Glance Across industries, senior executives are navigating an increasingly complex landscape moving at ever greater speed—a cycle of continuous disruption. These disruptions, including advances in technology, shifts in market demands, environmental challenges, and geopolitical instability, are interconnected and amplify each other, creating new situations where change can outpace the organization’s ability to adapt. … Continue reading Taking a Globally Orchestrated Approach to Digital Disruption (Bain Brief)