When Will AI become Less Artificial and More Intelligent?

From Wikipedia: “Artificial intelligence (AI) is intelligence exhibited by machines. In computer science, the field of AI research defines itself as the study of “intelligent agents”: any device that perceives its environment and takes actions that maximize its chance of success at some goal. Colloquially, the term “artificial intelligence” is applied when a machine mimics…

Why ICT Systems Implode

  Remember the recent British Airways IT meltdown? Problems with power supply are believed to have caused the problem. Note the word “believed”. According to the mentioned source, when the system came back online, it did so in an uncontrolled manner, damaging the IT system and initiating a sequence of events that plunged the system…

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…

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…

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…