Labs in CLOUDS. Robots Do the Research to Accelerate Innovation

Labs in CLOUDS. Robots Do the Research to Accelerate Innovation
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Cloud labs are like a streaming service, but for lab equipment instead of media content.   Brian Frezza and D.J. Kleinbaum founded Emerald Therapeutics in 2010 to develop antiviral drugs. But they had to spend so much time troubleshooting the machines in their lab that they ended up generating tons of code to run their experiments automatically. Not only did efficiency ramp up, but reproducibility did as well. They realized that other labs could benefit…

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Fooled by Randomness by Nassim Nicholas Taleb – Evidence of change in Risk Management

Fooled by Randomness by Nassim Nicholas Taleb – Evidence of change in Risk Management
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From: Fooled by Randomness by Nassim Nicholas Taleb The book is quoted by Fortune as “ One of the smartest books of all time”. Probably an over statement by still a very interesting read because you can both have an understanding of science, culture and psychology on trading. I would agree and disagree on some of his comments. All Fundamental comments I would agree but for the new era of AI and real time risk…

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What does “The Tortoise Trainer” and “Business Transformation” have in common?

What does “The Tortoise Trainer” and “Business Transformation” have in common?
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Rule #1 – There would always be a question mark on if it would be successful or not? Once you google “The Tortoise Trainer” you will get the most expensive piece of art in Turkish Painting – Painted by Osman Hamdi. The Tortoise Trainer is a painting by Osman Hamdi Bey, with a first version created in 1906 and a second in 1907. Hamdi’s painting of an anachronistic historical character attempting to train tortoises is…

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Should you keep the first Envelope or change? Choice between “Two Envelopes Paradox”

Should you keep the first Envelope or change? Choice between “Two Envelopes Paradox”
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You are offered a choice between two envelopes E1 and E2. All that you know about them is that one contains twice as much money as the other. After you have chosen one of the envelopes, you are offered the opportunity to switch the envelope that you have chosen for the other envelope. Should you keep the first Envelope or change? Here is a tempting line of reasoning that suggests that you should make this…

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Best Examples for Signal Trading

Best Examples for Signal Trading
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https://ugurcandan.com/mql5-signal-tracking-key-stats-per-month/ Link is the key stats of for the 196 signals that I am following. As of 28/May/2023: out of 195 tracked signals 77 discontinued. 32 in monthly loss with average -16%, 86 of them in monthly win with average +8%. 23 of them (best of the best) have a monthly gain of +20% in average. Ok one might have 20% monthly gain but is this a sustainable model? how does the growth look like…

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Reference Architecture of SAP BTP CAP application using GPT Models

Reference Architecture of SAP BTP CAP application using GPT Models
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As we might recall from former presentations the latest simple view of SAP Apps can be viewed as below What ever we do it is designed to run on BTP (Business Technology Platform). Now that we have the Generative AI wind blowing the question is to find out what is next. With the Generative AI and Deep Learning converging and creating new fronters and new Evolution comes into play. Non-technical users can solve their business…

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Next Generation Programming Languages–Is Dall E a next generation development platform?

Next Generation Programming Languages–Is Dall E a next generation development platform?
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The document below is a must read document for all. DALL·E has not explicitly been ‘taught’ anything, like who Frida Kahlo is, or what a llama looks like, or what a wide-angle lens does. It has just studied 650 million images & captions, and left to draw its own conclusions. That’s why there can’t be a regular ‘manual’ , based on functionality that the developers intentionally programmed in. Even the creators of DALL·E cannot be…

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SAP Turkey Economic Impact Analysis: Contribution of Software on Economy of Turkey

SAP Turkey Economic Impact Analysis: Contribution of Software on Economy of Turkey
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This report aims to analyze the economic impact of SAP Turkey, which has been offering solutions for the digitalization needs of enterprises in Turkey for more than 20 years. The report has been prepared by Policy Analytics Lab (PAL). The methodology comprises data analysis of both publicly available and SAP data, in-depth interviews with stakeholders (SAP Turkey’s departments, SAP business partners, and SAP users), as well as expert surveys (SAP business partner survey and SAP…

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Kelly Criteria – Proof using Calculus Knowledge

Kelly Criteria – Proof using Calculus Knowledge
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  A New Interpretation of Information Rate. Created in 1956 by John Kelly, a Bell Labs scientist. Let us consider a communication channel which is used to transmit the results of a chance situation before those results become common knowledge, so that a gambler may still place bets at the original odds. Consider first the case of a noiseless binary channel, which might be used, for example, to transmit the results of a series of…

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