Discover and read the best of Twitter Threads about #efficiency

Most recents (6)

What does an economy do? Modern #economics suggests it is about [production] #efficiency, and develops models for assessing the degree to which it is achieved and predicting outcomes assuming it. This is a fundamental misunderstanding that, when scratching on the surface, clearly
is as impossible as it is undesirable. Economy is about #valuecreation: about getting more out of less. Efficiency is backward-looking and lacking of progress, while value creation is future-oriented and aspirational. What I mean by that is that efficiency is about tinkering with
processes and mechanisms that already exist, with the goal of making them run faster, smoother, and with less waste. It is about #management, about reducing costs and cutting overhead. But one cannot cut costs unless there is already an established process ssrn.com/abstract=30582…
Read 14 tweets
#Bigdata vs Machine Learning vs Artificial Intelligence
By Irene Aldridge
☝️author High-Frequency Trading: A Practical Guide to #Algorithmic Strategies& #Trading Systems
☝️co-author Real-Time Risk: What Investors Should Know About #Fintech,#highfrequencytrading and FlashCrashes
1. ☝️🧐➿🔢 In traditional #statistics or #econometrics, researchers make assumptions about #data distributions ahead of the analysis
2. 🥇💪#machinelearning = the 1st discipline to apply #efficiency to #problemsolving brought by #computers & their enhanced computational power
3. 🤗➿🔢#ML scientists try to reduce #assumptions about the data as much as possible&let the data (&computers) decide what fits best.
4. ♾➡️🔤🌐#Datascience identifies core characteristics of the data, summarized by what has been known as #characteristic values (#eigenvalues)
Read 6 tweets
G Venugopal, chairman of Print and Beyond welcomes the delegates to the KMPA full day seminar #PrintAndBeyond
Ravi Joshi, president of AIFMP highlights the importance of the Federation in terms of government representation. Also traces the history of print in Malabar #PrintAndBeyond
In his keynote address, Manipal Technologies' Gautham Pai highlights the new sense of entrepreneurship. "In the previous generation, being an entrepreneur was the last choice."
#PrintAndBeyond
Read 33 tweets
Fellow #Entrepreneurs, let's begin our #GlobalEChats on #healthcare and #technology!

RT and follow us to keep updated on our weekly topics as well to interact with only the latest of #startup news.
So 79% of you believe that in spite of exponential #technology advancement, humans are irreplaceable in healthcare and will continue to be its frontliners.

Let's also discuss #AI and #robots in healthcare 😁
But first, how has #tech change the face of #healthcare. Let's take a trip down memory lane!

Some of the #robotics you see in healthcare today range from the electronic thermometer to crucial #life support.
Read 9 tweets
We are loaded up for the @theValentineRVA’s Monumental bus tour! Let’s start with context of demographics. Approximately 40-45 people on board. I see about 3 people who are under 50 (2 of them is). Majority of bus is white. Approx. 3 people of color. #MonumentalRVA 🧜🏻‍♀️
Tour guide states they will talk about history of monuments and context they went up in. Clear there will be no debates about what should happen to the monuments. #MonumentalRVA 🧜🏻‍♀️
Just past 1790 house of John Marshall (Chief Justice of Supreme Court) is a Monument to the John Marshall Core of Cadets which was predecessor of ROTC. On site of former John Marshall High School. #MonumentalRVA 🧜🏻‍♀️
Read 76 tweets
Good morning #Brampton, today is Wednesday, July 4, and there is no council meeting today.

I think this morning is a reasonable time to start discussing the city issues and the #onpoli election is over, and the #brampoli election is fast approaching.
The city of Brampton is currently undergoing a major housing and transportation crisis. The city has sprawled out incredibly rapidly in a disorganized fashion, consisting almost entirely of single family homes. We now have a catastrophic housing crisis in rentals, CMHC data shows
There being a 0.0% vacancy in (legal) bachelor apartments, and 1, 2, 3 bedrooms are sitting in the low 1.x range. The price? TREB estimated the median cost of a legal one bedroom at $1595. If you make $15/hour working full time, that is 4/5th of your take home pay.
Read 27 tweets

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