Friday 26 April 2024

Integrating Minds: Intellectual Property, Design Thinking, and Education for Sustainable Solutions; Read this fascinating story!

Dear Faculty Friends and Students,

Today, on the occasion of World Intellectual Property Day, I had the opportunity to speak at a 2-Day National Workshop on the crucial topic of how Intellectual Property and Future Research are tied up with Sustainable Development Goals (SDGs). The 17 UN-listed Goals and 169 Targets should not be violated by a single IP. If so, we risk opening the door to disaster! Hence, this story gains even more significance.

Let me explain in detail. You are all aware of the fascinating story of the Four Pests Campaign, an initiative launched by China in the late 1950s.

Here's a breakdown of what happened:

The Goal: Sparrows were targeted because they ate grain, including paddy rice. Estimates suggested they consumed around 6.5 kilograms of paddy per year. This can feed more than 60 thousand people happily.

The Unintended Consequences: While sparrows do eat grain, they also prey on insects that damage crops. Eradicating the sparrows (which killed more than 30 lakhs sparrows) led to a surge in these insect populations, causing even greater grain loss (which led to 4.5 crore people dying of hunger).

The Ecological Disaster: The Four Pests Campaign (Rats, Flies, Mosquitoes, Sparrows) resulted in a significant decline in sparrow populations and a rise in insect pests. This had a negative impact on agriculture and the ecosystem.

So, while the initial goal of the campaign was to improve food security, it backfired and led to ecological damage.

Food Security is only the tip of the iceberg! If we don’t properly inspire our students using Design Thinking in conjunction with the Sustainable Development Goals Philosophy, if students choose the wrong set of career/research goals and ideology, all 17 Sustainable Development Goals and 169 targets will be affected.

The unwanted competition for Ranks, the declining ethics in human beings, lack of trust and commitment, ambitious targets and package goals, and fancy Lifestyle goals would affect this deep thinking.

Can we rise above like an Eagle flying beyond the cloud when the storm comes?

 Design Thinking with SDGs would give that strength to the individual to fly beyond the AI storm. Do you agree?

So, what is my appeal to you today? A Special Campaign/Education is needed in the education system, especially for 8th to UG, focusing on Design Thinking (Human-Centered Approach to a particular problem) for SDGs. This combo should drive research goals for faculty and industry, projects for students, ethical teachings for school children, and so on.

Stay Tuned. I will be talking more on this topic in the future. Wishing all responsible education leaders respond to this world cause.

Dr. Ravi Saripalle

Sunday 14 April 2024

Empowering Bankers: Design Thinking for Success - Exclusive Session by Ravi Saripalle at Prism Institute, Vizianagaram, April 13, 2024

Dear Friends and Students

Yesterday I was invited as a Guest Speaker by Prism Institute, Vizianagaram as part of its 50th Year Celebrations. This institute has been producing Bankers and officers for various Competitive Exams for the last 50 years by its founder Prasad Sir, a well-known Banker from Syndicate Bank! Surprisingly, a few guests who visited yesterday were retired as General Managers of various Banks that were produced by this Institute during 1974-80.

I had the privilege to address this group of officers who recently got selected for various Banks and Aspirants.

My topic was a critical need for Design Thinking to survive in a Banking Career.

Thanks to the 5G internet usage, deeper smartphone penetration, expansion of digital payments, frictionless data-led digital lending, risk-mitigated secure data protection, climate-conscious sustainable goals, and collaboration between banks and FinTechs, Banking career is a different position altogether. The volume of industrial+retail+services credit increased from 6 trillion Rs in 2009 to 41 trillion Rs in 2023 by all banks put together.

Banks started using tech interventions like

- Gen AI- Avatar-driven Virtual Assistants/chatbots,

- Gen AI + Predictive Analytics for improving risk assessment, KYC, fortifying fraud detection and credit scoring, Recognising customer behavior trends, credit decisions with automated underwriting

- Martech-AI in marketing, Bhashini AI for multilanguage support,

- IoT sensors data for accurate Agritech, industrial sensors

- Metaverse- Immersive digital experience, Virtual Branches

- Blockchain- Security and Transparency in every transaction so that no scope for any bank fraud in future

- Central bank digital currencies (CBDCs) are a form of digital currency issued by a country's central bank. They are similar to cryptocurrencies, except that their value is fixed by the central bank

- Frictionless credit framework- a standardized API and prioritizing swifter disbursement and scalability

- API-driven data sharing

- Open Network for Digital Commerce- ONDC will lower entry barriers for commerce participation

- Indian Financial Technology & Allied Services- Made transactions more secure

- BaaS Model- Tech-savvy neo-banking FinTechs operating on Banking as a Service (BaaS) platform with regular banks, helping Core banking services possible for traditional banks

- Data monetization- data is money

In this hour of Technology intervention, you tell me what skill a Banker needs?

My Answer is Design Thinking. Design Mindset! An empathy or Human Centred Experiential Innovations.

Do You Agree?

Ravi Saripalle

Thursday 11 April 2024

Adapting to the Beat of AI Timelines: Crafting Our Future Narrative

I will be taking at Two – Day National Conference on “Computational Intelligence and Sustainable Systems” 13th – 14th April 2024, Gayatri Vidya Parishad College for Degree and PG Courses, Department of Computer Science and Engineering

Dear Students

Today this topic is garnering higher significance than ever! 

The time taken from Turing's paper publication on Machine Intelligence in the 1950s and the first conference at Dartmouth in 1956 to the release of Deep Blue, the first computer chess-playing system to beat a reigning world chess champion, Garry Kasparov in 1997 is around 40+ Years. 

The time taken to witness advances in deep learning (particularly deep convolutional neural networks and recurrent neural networks) is around 60 Years!!

However, The time taken from the Google transformer architecture, Foundation Models, Open AI GPT 3 in 2020, GPT-4 in 2023, and the coming GPT-4 Turbo with Vision in June 2024 (the future GPT) is around 7 years!!

It is like the time it takes to damage the first 50% of Lungs by Infection would be exponentially longer than the next 50% damage. Sometimes the first 50% takes more than a year but the next 50% takes less than a week!

The same proliferation takes place in GPT advancement! 

We all need to wake up from our traditional mindset, skills, and jobs! Hope you agree!

Ravi Saripalle





Monday 8 April 2024

What is the Best Gift an Institution and (or) Parent can offer to Student/Son/Daughter on a Birthday (12-24 Age group)?

Dear Institutional Leaders, Parents or Responsible Relatives or a Convinced Student

Over the past 14 years, I've been exploring a fundamental question: What is the most impactful gift an institution or parent can offer to a student, son, or daughter aged 12-24? Let's evaluate various options:

  • 1.    Something Sweet - Bring them joy for an hour!
  • 2.    Dinner at a Fine Restaurant - Delights them for a day!!
  • 3.    Movie of Favourite Star- Excites them for a week!!
  • 4.    A Stylish Outfit - Keeps them happy for 10 days!!!
  • 5.    A Luxurious Gift - Ensures happiness for a year, perhaps!!!!

But do any of these gifts connect to their natural intelligence?

Do they help identify individual strengths, guide in career planning, or create hope?

Is there a gift that AI can never replace?

Yes, I propose a potential game-changer:

 

ü Gift Form: A Simple Letter

ü Style: Epistolatory Format Letter (a letter written in the style of a personal correspondence)

ü Content:

o   A brief reflection on the individual's performance/status over the past year, highlighting their achievements.

o  A reminder of the individual's strengths based on their natural intelligence assessment.

o   An anecdote on Design Thinking or an Empathetic Situation, fostering a Design Mindset.

ü Impact: This gift can bring hope and happiness to the Individual for lifetime!

ü Super Impact: Organizing a Design Thinking workshop exclusively for the same intelligence and age group students to aid in career planning.

Do You agree? Do you have questions and comments? If you are interested, I am ready to assist you in this process.

Please read the detailed proposal at https://rb.gy/fgvvkm and write to me at sdindia2020@gmail.com

You can also follow me on:

Dr. Ravi Saripalle