The Adaptive Network: Why automation alone isn’t enough
By Keri Gilder – Just imagine, instead of 70, your heart rate was at 100 beats per minute. This could be a warning sign that you are on the verge of having a heart attack.
If your doctor were to get this information in real time, they could check the readings against your medical records and see that this is completely out of the norm and then warn you to seek medical assistance immediately.
However, if your personal trainer received that same information, would they reach the same conclusion as your doctor? Your trainer has access to a different database, which might show your resting heart rate as well as the rate during high-intensity training. Knowing that you are likely exercising, they would instead conclude that there is no need to go to the hospital after all.
This clearly demonstrates that just accepting raw data without filtering and proper analysis is no longer good enough and can potentially have serious repercussions. Instead, it is critical that we have diversity of thought when it comes to how we interpret data.
This is not just true for our health or other day-to-day scenarios, but can also be applied to the communication networks that carry and house our information. more>
Posted in Broadband, Business, Communication industry, Economy, Net, Science, Technology
Tagged Broadband, Business, Business improvement, Ciena, Internet, Net evolution, United States
By Bolaji Ojo – It’s a justifiable question. The Qualcomm–NXP trip was an expensive sortie: Qualcomm has paid $2 billion in mandatory break-off fees to NXP, but the bill for the hidden costs may be much higher. For nearly two years, the communications IC and IP supplier and its target endured prolonged uncertainties. Even now, the spasms from customer disruptions remain strong while many employees, though heaving a sigh of relief, must figure out where they truly belong in the enterprise.
Qualcomm is moving on resolutely from the NXP debacle. It must. However, the implications and lessons — if any — are industry-wide. One of the largest acquisitions in the history of the semiconductor industry foundered because of oppositions from various fronts, including customers who might have benefited from it. Simply dumping the blame on nebulous factors and faceless regulators will result in the industry learning nothing from the experience. Perhaps the transaction was destined to fail. Perhaps it could have been better managed and successfully, too. A thorough assessment of why this deal collapsed would offer lessons that can be applied to future deals.
There are no signs that Qualcomm will conduct a detailed analysis of why and how the bid unraveled. It is easier — again — to simply toss more money at stakeholders and move on. NXP’s management and shareholders who had tendered their equity could slake their thirst with $2 billion in Qualcomm’s money. more>
Posted in Broadband, Business, Communication industry, Economy, Net, telecom
Tagged Broadband, Business, Capital, Manufacturing, NXP Semiconductors, Qualcomm
By Michael Maiello – Yale University’s Bryan T. Kelly, Chicago Booth’s Dacheng Xiu, and Booth PhD candidate Shihao Gu investigated 30,000 individual stocks that traded between 1957 and 2016, examining hundreds of possibly predictive signals using several techniques of machine learning, a form of artificial intelligence.
They conclude that ML had significant advantages over conventional analysis in this challenging task.
ML uses statistical techniques to give computers abilities that mimic and sometimes exceed human learning. The idea is that computers will be able to build on solutions to previous problems to eventually tackle issues they weren’t explicitly programmed to take on.
“At the broadest level, we find that machine learning offers an improved description of asset price behavior relative to traditional methods,” the researchers write, suggesting that ML could become the engine of effective portfolio management, able to predict asset-price movements better than human managers.
Of almost 100 characteristics the researchers investigated, the most successful predictors were price trends, liquidity, and volatility. more>
By Robert Reich – What’s the most worrisome foreign intrusion into the United States—unauthorized immigrants, Chinese imports, or interference in our democracy?
For Trump, it’s immigrants and imports. He doesn’t care much about the third.
Yet Trump continues to assert that talk of Russian meddling in American elections is “a big hoax.” And his White House still has no plan for dealing with it.
In fact, Trump has it backwards.
Illegal immigration isn’t the problem he makes it out to be. Illegal border crossings have been declining for years.
And if the Chinese want to continue to send us cheap imports that we pay for with U.S. dollars and our own IOUs, that’s as much of a potential problem for them as it is for us.
But Russian attacks on our democracy are a clear and present threat aimed at the heart of America. more>
Posted in Business, CONGRESS WATCH, Economy, History, Media, Net
Tagged Business, Congress Watch, Government, Internet, Leadership, Super regions, United States
By Zhang Jun – In the West, many economists and observers now portray China as a fierce competitor for global technological supremacy. They believe that the Chinese state’s capacity is enabling the country, through top-down industrial policies, to stand virtually shoulder-to-shoulder with Europe and the US.
This is a serious misrepresentation.
While it is true that digital technologies are transforming China’s economy, this reflects the implementation of mobile-Internet-enabled business models more than the development of cutting-edge technologies, and it affects consumption patterns more than, say, manufacturing.
In fact, Western observers – not just the media, but also academics and government leaders, including US President Donald Trump – have fundamentally misunderstood the nature and exaggerated the role of China’s policies for developing strategic and high-tech industries. Contrary to popular belief, these policies do little more than help lower the entry cost for firms and enhance competition. In fact, such policies encourage excessive entry, and the resulting competition and lack of protection for existing firms have been constantly criticized in China. Therefore, if China relies on effective industrial policies, they would not create much unfairness in terms of global rules.
Clearly, there is a big difference between applying digital technologies to consumer-oriented business models and becoming a world leader in developing and producing hard technology. more>
Posted in Broadband, Business, Economic development, Economy, Education, History, Leadership, Media, Science, Technology
Tagged Business, Capital, China, Credit, Government, Jobs, Manufacturing, Super regions
Why corporate social responsibility can backfire
By Alina Dizik – As CSR has become ingrained in the workplace and even in some brands, researchers are finding drawbacks to how employees react to these initiatives.
More than 90 percent of the 250 largest global companies by revenue now publish detailed annual reports of their corporate-responsibility practices, according to KPMG’s 2017 survey of corporate-responsibility reporting.
So what are the problems?
For one thing, participating in a company’s CSR initiatives can lead to what researchers call moral self-licensing, where a positive action is offset by harmful behavior later on. In cases of moral licensing, company-sponsored social initiatives can trigger poor employee performance because doing good deeds in one area encourages the employee to behave unethically in another, according to research by List and University of Chicago postdoctoral scholar Fatemeh Momeni. more>