Artificial Intelligence (AI) is building new capabilities in manufacturing

Comments

Post a Comment

Popular posts from this blog

Digital World and Artificial Intelligence

Words "Digital" and "Artificial Intelligence" have become very popular in the industry today. Every organization is moving towards same. Digital solutions comprise of Industrial Automation, Information Technology and Artificial Intelligence. These concepts existed many decades ago. Then what has really changed and why organizations are doing it now?  Evolution of these technologies dates back in the history: Industry Automation (IA) with control systems started as early as 1920 - early 1930. With factory electrification, control systems were built using conventional relay logic where on-off actions can be taken based on set desired values. Numeric Control (NC) machines started during 1950 and subsequently Computerized Numeric Control (CNC) machines evolved. First computing machine dates back to 17th century when the first calculating machine was developed by Blaise Pascal. Charles Babbage and Ada Lovelace worked on development of analytical engine with pun...
Read more

Stock Market Revamp

Image
While talking of stock market, I keep wondering, what does the price of a stock indicate? Does it indicate health of the organisation or it indicates what stock traders want others to believe is the health  of the organisation.  Stock traders with lot of funds available can manage to make the stock market behave the way they want others to see it. They have the power either to raise the stock price by creating demand or make a fall in the stock price by setting up high selling spree, irrespective of the actual health of the organisation. This becomes misleading for investors who gets carried away with the flow of the market and can end up making losses.  Is there a way to address it? What looks to me is the problem lies in the option to bid a price for a stock. Since people have option to bid and they have funds, they can either take a price upwards or fall the price by pushing higher volumes of stock in the market. We hear that investors do technical analysis like candle...
Read more