Fast.Ai's Artificial Intelligence algorithm outperformed Google’s

Fast.Ai's Artificial Intelligence algorithm outperformed Google’s
AND That is truly Groundbreaking!!!

What is Fast.Ai?
Fast.ai is a small company; consisting of part-time students; (founded by Rachel Thomas) that runs free machine learning courses.

What did they do?
They created an Artificial Intelligence algorithm that outperforms a code by Google’s researchers.

How was the performance measured?
A benchmark called DAWNBench was used, that uses a common image classification task to track the speed of a deep learning algorithm per dollar of computing power.

Why is it profound?
Because till now it seemed as if only those with huge resources can do advanced AI research.

Is the elephant still in the room?
Matei Zaharia (DAWNBench's co-creator and Prof. at Stanford University) praises fast.ai but also notes that for many AI tasks large amounts of data and significant computing resources are still key.

Source:

https://lnkd.in/emRdp3e

Why did Binny Bansal & Sachin Bansal start Flipkart?

After graduating in CS (Computer Science) from the prestigious IITD (Indian Institute of Technology, Delhi), working for Sarnoff Technologies, getting rejected at Google, working for Amazon, Binny decided to start something.

Binny & Sachin initially planned of launching a comparison shopping engine for eCommerce.

But when they were building it, they realized all the e-commerce companies back then were really bad.
None of the customers liked any of them.
There was no point in reviewing/comparing bad companies!

So, they thought:
Why not build a good e-commerce company!
That's how the Flipkart idea started.

Feeling PROUD!!! to have worked at both Flipkart & Jabong (acquired by Myntra, which is a Flipkart company. Flipkart also recently got acquired by Walmart)

Sources:

https://lnkd.in/esivFq8

https://lnkd.in/efQ7wnj

as a Product Guy, What should you DO, when You DO NOT Know

When a Product Manager doesn't know something, s/he should say:
"I don't know. But I'll find out".

A PM should never fake/pretend as if s/he knows!
And when I say 'never', I mean literally 'NEVER'.

Organisations should build a culture where Product Managers should feel safe to NOT know.

Companies should move from a "Know All" to a "Learn All" Product Culture.

Source:

https://lnkd.in/fvQgUzq

Apple's Founder CEO Steve Jobs defines 'Best Talent' & explains 'Recruitment Strategy'

General Electric's ex-CEO Jack Welch defines 'True Leadership' & explains 'Roles of a Leader'

John Francis "Jack" Welch Jr.

An American retired business executive, author, & chemical engineer

He was chairman and CEO of GE (General Electric) during 1981-2001.

During his tenure at GE, the company's value rose 4000%.

In 2006, Welch's net worth was estimated at $720M.

When he retired from GE he received a severance payment of $417 million, the largest such payment in history.