Posted by Sudip Singh (View Profile | View All Posts) at 8:26 AM
With so much technology around, it is fairly easy to be lulled into a false sense of security. But, let me give you a few examples. Not too long ago - a rogue trader at UBS bank cost the company over $2 billion, despite the trading process being completely digitized. What stops a citizen in any country from paying someone a nominal amount to get their driver's license? One can fill in an application form online, but they still have to spend agonizing hours standing in line to get the license through proper channels.
What I'm referring to is that technology, even with its strongly associated attribute of transparency, in itself cannot eliminate corruption. Technology, by itself, will not flip the equation. It will contribute to changing the culture, of which people are an integral part. This, and so much more, was discussed at the World Economic Forum's panel on 'Technology for Transparency' in Tianjin, China earlier this week. I was delighted to participate and learn from this spirited panel, which included representatives of various governments and corporations.
Continue reading "Increasing Transparency Through Technology" »
Posted by Sudip Singh (View Profile | View All Posts) at 6:25 AM
Vishal Sikka talks about the road ahead for Infosys on his first day as CEO & MD (Aug 1, 2014)
Exactly one hundred years ago, the city fathers of Cleveland, Ohio, devised a pretty smart piece of hardware: the traffic light. In America, by 1914, automobiles were becoming quite popular. In many cities there was chaos on the main thoroughfares. There was little established protocol for drivers of the horseless carriage.
I use this example because as a piece of hardware, there are few more enduring inventions than the traffic light. Red for stop, green for go. Simple enough. So simple and easy to understand, in fact, that it has kept the world's cities in order for the past century.
Continue reading "Software's Latest Promise" »
Posted by Sudip Singh (View Profile | View All Posts) at 9:54 AM
Hyperloop transport is 'Open Source' reveals Elon Musk!
[ Source:cgreene34 http://www.youtube.com/watch?v=dDAV4caQgEo]
I read with great interest about Elon Musk's proposal for a new bullet train. What makes it so intriguing is that it's not a new design or paradigm. Nor is it technically a new "mode" of transportation. But like many engineering marvels, instead of aiming for a 'paradigm shift', this again illustrates that some of the most enduring and ingenious inventions stand the test of time because they peeled away a layer of an existing technology or approached a problem from a somewhat new direction. Musk's idea for a pneumatic tube train is just that. This train sends specially designed floating "capsules" through continuous tube maintained at partial vacuum. The capsule will reach maximum speed of 1220km/h while maintaining good aerodynamic efficiency and passenger comfort. The "capsule" can travel at high speeds without crossing the sound barrier leading to reduced noise pollution. Amazing!
Continue reading "Hyper-Excitement About a Hyperloop" »