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Gravity, Time and Complexity

volui one direction In a recent article entitled “Is gravity the force driving time forwards”, a new theory is proposed in order to explain why time evolves only in one direction. The theory attempts to complement the Second Law of Thermodynamics, which has been instrumental in terms of establishing the concept of arrow of time…

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A Bank in a Nutshell

Businesses rely heavily on information and data. Many businesses actually store data. Some businesses use this data to derive statistics and models which are then used in an attempt to make the business more profitable, more efficient and streamlined. In other cases, models are used to produce forecasts, improve resource allocation, perform scenario analysis or…

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Autonomous Driving. Are we Ready?

In highly complex systems malfunctioning or even bad design may remain invisible for a long time. In highly complex systems the crucial variables are often discovered by accident. Highly complex systems cannot be designed without taking complexity into account. Sounds obvious but today, in engineering design complexity is not considered as an attribute of a…

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What is Critical Complexity?

Knowledge is an organized and dynamic set of interdependent rules. An example of a rule: “if UNEMPLOYMENT increases then NEW HOUSE CONSTRUCTION decreases”. This is an example of a fuzzy rule – no numbers just a global trend. Rules can be more or less fuzzy (or crisp) depending on how many experiments (data samples) they are…