Tumgik
#TraditionalIndustries
perspectiveunbound · 2 hours
Text
Blending Tradition and Innovation: Driving Scotland's Economic Growth Through Tech Integration
The Intersection of Technology and Traditional Industries in Scotland's Economic Growth Hello, dear followers! Today, let's explore an exciting and crucial topic within Scotland's economic landscape: the intersection of technology and traditional industries. As these sectors converge, they unlock new potential for innovation and growth, reinforcing Scotland's position in the global market while preserving its rich heritage. Scotland is known for its robust industries such as whisky production, textile manufacturing, and fishing, which have been the backbone of its economy for centuries. However, in recent years, the integration of cutting-edge technologies in these sectors has sparked a renaissance, presenting both challenges and tremendous opportunities. For instance, the whisky industry, a proud symbol of Scottish tradition, is now embracing technology for everything from improving distillation processes and enhancing flavour profiles to implementing advanced supply chain management systems and global marketing strategies. This digital transformation allows for higher efficiency and meets the growing international demand, all while maintaining the authenticity and quality that the world expects from Scottish whisky. Similarly, Scotland's textile sector, famed for its tweeds and cashmeres, is incorporating innovations such as 3D knitting technology and sustainable production techniques. These advancements not only reduce environmental impacts but also appeal to the modern consumer's demand for eco-friendly products, thus opening up new markets. The fishing industry is also seeing technological intervention, with GPS and big data analytics helping to manage fish stocks more sustainably, ensuring the long-term viability of the industry. Moreover, technology facilitates better tracking and monitoring of seafood from catch to consumer, ensuring freshness and quality, enhancing Scotland's reputation in global markets. However, the integration of technology in traditional industries is not devoid of challenges. It requires significant investment, skilled labor, and continuous adaptation to evolving technologies. To ensure that Scotland can fully benefit from these opportunities, ongoing education and training programmes are essential. This will equip the current and future workforce with the necessary skills to thrive in an increasingly digital economy. I welcome your insights and opinions on this transformation. How do you think Scotland's traditional industries can further benefit from technological advancements? What supportive measures do you believe are essential for this transition? Your thoughts will enrich our discussion as we consider the optimum strategies for blending tradition with technology to foster economic prosperity. Stay curious, and let's continue to think critically about the paths to Scotland's economic resilience. Warm regards, Alastair Majury *Perspectives Unbound* --- *Follow Alastair Majury for more insights on the dynamic interplay between traditional industries and technological innovation in driving Scotland's economic future.*
0 notes
taqato-alim · 10 months
Text
Analysis of: "The AI Opportunity Agenda" by Google
PDF-Download: https://storage.googleapis.com/gweb-uniblog-publish-prod/documents/AI_Opportunity_Agenda.pdf
Here is a summary of the discussed key points:
The document effectively frames AI's positive potential and proposes a comprehensive multi-faceted opportunity agenda.
Areas like investment, workforce development, and regulatory alignment are comprehensively addressed.
Recommendations are logically targeted but could benefit from more specifics on implementation.
International cooperation, skills building, and ethical adoption are appropriately emphasized.
Support for SMEs and vulnerable groups requires deeper consideration.
Uncertainty about impacts is acknowledged but not fully integrated into proposals.
A more inclusive development process could have addressed potential blindspots.
Ongoing assessment and adaptation mechanisms should be incorporated.
There is a need to balance economic priorities with equitable and democratic governance.
Overall it presents a thoughtful high-level framework but could be strengthened by additional stakeholder input and real-world guidance.
Regular updates will be important as AI and its effects continue to rapidly progress into the future.
Here is a summary of the key points from the document:
AI has great potential to benefit society and the economy through applications in healthcare, education, sustainability, and more if developed and applied responsibly.
However, unlocking AI's full benefits requires addressing uncertainty about its economic and social impacts, learning from previous technologies, and ensuring trust in the technology.
An opportunity agenda for AI should focus on investing in AI infrastructure and R&D, building human capital and workforce skills, and promoting widespread adoption across all sectors.
Governments and companies should invest in long-term AI research, computing infrastructure, and data to enable more researchers and innovators to develop AI.
Legal frameworks need to support innovation while addressing risks through principles like copyright rules that enable AI training, a risk-based approach to regulation, and privacy by design.
Strong international cooperation is important, including open data flows, regulatory alignment, and investment in global technical infrastructure.
Workforce programs need to be modernized to focus on AI literacy and new skills, and new public-private partnerships can help reskill workers impacted by AI.
Governments adopting AI applications can improve services, drive technological progress, and help other sectors adopt AI through procurement policies and in-house expertise.
Targeted support is needed to help sectors like small businesses and traditional industries capture opportunities from AI adoption.
Regulation should empower adoption across sectors by focusing on applications and risks, parity with non-AI systems, and technical standards.
Based on its content, structure, style and rhetorical purpose, this document can be categorized as a policy paper or white paper.
Some evidence that supports this:
Content - It outlines a proposed agenda/framework for policymaking on AI, discussing specific policy recommendations and interventions across areas like research, workforce, adoption etc. This suggests a policy focus.
Structure - It is logically organized across sections that mirror common policy paper structures (introduction, background, recommendations etc).
Style - The writing is fairly formal and objective in tone, citing research and positioning itself as an informative guide for policymakers.
Purpose - The stated aim is to "offer focused recommendations on how policymakers can harness AI to create new scientific and societal opportunities". This implies an audience of policymakers/regulators and a goal of informing policy.
Format - It has typical white paper elements like an abstract/executive summary, numbered chapters/sections for readability.
So in summary, given its analytical, solutions-oriented discussion of policy issues and options targeted at government/policy stakeholders, this document can be classified as a policy/white paper genre intended to shape AI-related policy discussions and decisions. The goal is to influence rather than simply inform or describe.
Here are the major stakeholders affected by this document and an evaluation of how their interests are represented:
Policymakers: The primary audience and stakeholders. The document is aimed at directly informing their decision-making on AI policy.
Technology companies: Their role in research, workforce programs and policy advocacy is acknowledged. However, their objectives may not fully align with broader societal interests.
Workers: Discussed as stakeholders who need reskilling support. But the focus is on preparing them for technological change rather than weighing other priorities.
Citizens/general public: Briefly referenced but no mechanism for direct representation of diverse public perspectives or consent for policies discussed.
Civil society groups: Mentioned as partners but absent from document creation process. Their expertise on social impacts could better inform recommendations.
Academia: Input referenced but academic viewpoints other than research not independently represented in agenda-setting.
Marginalized communities: Potential differential impacts on such groups are not meaningfully addressed despite stated focus on accessibility.
In summary, while policymakers are the key target group, a narrow range of perspectives were included in producing the agenda. Broader and earlier representation of stakeholders beyond just industry could help balance priorities and strengthen policy legitimacy/efficacy.
Here is an evaluation of how well the document achieves its goal of outlining an opportunity agenda to maximize AI's potential benefits:
Scope of opportunities discussed: It comprehensively covers major sectors like healthcare, education, sustainability that could see transformative gains from responsible AI applications.
Realism of projections: While ambitious, the projections of economic growth and problem-solvingpotential are grounded in current AI capabilities and use cases, making them reasonably realistic if the agenda is successfully implemented.
Alignment of recommendations with goals: The policy recommendations across research, workforce, adoption are logically targeted at enabling the conditions needed to develop and apply AI beneficially at large scale.
Likelihood of success: Much depends on effective collaboration among multiple stakeholders, which adds uncertainty. But national/global initiatives proposed could meaningfully advance progress if properly resourced and coordinated.
Balance with risk mitigation: Potential societal harms are acknowledged, and some recommendations aim to address these proactively through mechanisms like retraining support. However, risk mitigation could feature more prominently given the scale of impacts discussed.
Overall, while ambitious, the document effectively frames AI's positive potential and proposes a comprehensive multi-pronged agenda that logically seeks to establish an environment for maximizing benefits - representing a good faith effort toward its goal. Strong execution across countries will be crucial to validate its optimistic projections.
Here is an evaluation of how well the document addresses uncertainty about AI's economic and social impacts:
Acknowledgment of uncertainty: It clearly recognizes there is significant uncertainty regarding AI's effects on jobs, inequality and other factors.
Treatment of uncertainty in agenda/recommendations: However, the recommendations do not fully factor in uncertainty and instead push forward solutions that assume benefits can be realized with right policies/investments.
Contingency planning for potential downsides/risks: While some mitigating principles are proposed, there is limited discussion of contingencies if impacts are more disruptive than projected or benefits more concentrated.
Ongoing assessment and adaptation: No formal mechanisms proposed for continuous evaluation of impacts and adjustment of agenda/policies on an iterative basis as understanding evolves.
Consideration of alternatives based on uncertainties: The analysis could explore alternative policy mixes and safety nets based on various potential impact scenarios rather than a single framework.
In summary, while uncertainty is acknowledged, the recommendations do not adequately reflect or plan for its implications. A more prudent approach given current knowledge limits would integrate uncertainty more robustly into the options discussed and governance proposed.
Here is a summary of the opportunity agenda for AI outlined in the document in bullet points:
Invest in AI infrastructure including research, computing resources, and data to enable more innovation.
Establish supportive legal frameworks that promote responsible innovation through principles like copyright rules enabling training and privacy by design.
Build international cooperation on issues like open data flows, regulatory alignment, and investment in global technical infrastructure.
Modernize workforce programs to impart AI skills and literacies and support reskilling of impacted workers through new public-private partnerships.
Conduct national opportunity assessments to identify high-impact sectors where governments can adopt AI applications to improve public services.
Provide targeted support through initiatives like digital advisors to help sectors like small businesses and traditional industries seize AI opportunities.
Regulate in a way that facilitates responsible AI adoption across sectors through risk-based, proportionate oversight and technical standards.
Continuously evaluate impacts, adapt strategies, and balance maximizing opportunities with ensuring ethical, risk-aware progress.
Here is an evaluation of how well the document achieves its goal of outlining an opportunity agenda for AI:
Scope:
It comprehensively addresses the major pillars needed - investment, skills, adoption - to maximize opportunities.
Focus:
The agenda maintains consistent emphasis on harnessed benefits rather than just risks, as called for.
Alignment:
The policy recommendations directly align with and are logically targeted towards realizing the opportunities discussed.
Specificity:
It provides helpful specificity through concrete proposal ideas rather than just broad principles.
Feasibility:
The agenda is reasonably feasible if implemented at a coordinated national/international level as suggested.
Balance:
It balances maximizing opportunities with sufficient attention to ethical use and mitigating potential harms.
In summary, the document meets its goal of outlining a clear and well-balanced multi-faceted opportunity agenda for AI policymakers to consider by directly focusing on and linking actions needed to support AI's full beneficial application. Its level of detail and feasibility make it a useful roadmap. Addressing uncertainty more thoroughly could strengthen its impact.
Here is an evaluation of how well the document addresses the role of government and company investments in AI:
Emphasis on investment: Correctly identifies investment in research, infrastructure and skills as crucial first steps to unlocking opportunities.
Roles delineated: Clearly outlines complementary roles for governments and companies, avoiding deficiencies of solo efforts.
Scope of investments: Recommends comprehensive, long-term investments across full spectrum from core R&D to digital dividends that leverage it.
International coordination: Calls for coordinated global investment via initiatives like GRAIR to benefit more nations/communities.
Public-private partnerships: Emphasizes partnerships as an efficient means to jointly invest while avoiding overreach or market failures.
Investment avenues: Provides examples of different investment mechanisms incl. direct funding, tax incentives, procurement standards.
Resources to implementation: Adequately weighs investments needed for agenda rollout against likely long-term returns from enabling AI.
Areas for improvement: Could advise on investment sizing, priorities. More detail on coordination governance.
Overall, the document appropriately positions investment as fundamental to realizing opportunities and offers a framework for strategically planning and cooperatively executing necessary public/private AI investments across all levels.
Here is a summary of the key points about legal frameworks for AI from the document in bullet points:
Legal frameworks are needed to ensure responsible development and adoption of AI.
The frameworks should focus on applications and potential risks/harms, not try to regulate technologies themselves.
They should take a risk-based, proportionate approach to oversight rather than a one-size-fits-all method.
Privacy and data protection should be implemented through principles like "privacy by design".
Innovation should be promoted through enabling policies like copyright rules that allow for AI training.
International coordination on frameworks is important to facilitate cross-border collaboration.
Frameworks should balance enabling innovation while also managing risks to users and society.
Governance should apply throughout the policy lifecycle, including development, oversight and auditing.
A consistent, unified approach across sectors can help scale up adoption of beneficial AI applications.
Both legislation and voluntary standards have roles to play in operationalizing legal guidance.
Here is an evaluation of how well the document addresses the need for legal frameworks for AI:
Acknowledgment of importance: Clearly recognizes the need for governance to ensure responsible innovation.
Balance of enabling and managing risks: Emphasizes pro-innovation policies while also outlining principles for safety, e.g. privacy by design.
Focus on outcomes not technologies: Recommends a risk-based, application-specific approach rather than over-regulation of AI generally.
International coordination: Highlights value of aligned frameworks facilitating cross-border collaboration essential for AI.
Examples of enabling policies: Provides reasoned suggestions like copyright rules that would aid development/training.
Attention to full policy lifecycle: Discusses developing frameworks through audits and oversight mechanisms.
Limitations: Does not fully assess contradictions between commercial/social priorities or existing regulatory obstacles.
Overall, the document appropriately positions legal governance as crucial alongside investments/skills and offers helpful starting principles/model policies to stimulate thinking on enabling frameworks, albeit with some limitations in addressing all complexities. A balanced analysis to inform policy.
Here is an evaluation of how well the document addresses the need for international cooperation regarding AI:
Emphasis on importance: Strongly recognizes that AI issues like research, data flows, and opportunities span borders and require coordinated efforts.
Areas prioritized: Identifies relevant areas like investment coordination, ethical standards development, skill-building where cooperation adds value.
Existing initiatives leveraged: Points to productive initial work through organizations like the OECD as basis to build upon.
Mechanisms suggested: Proposes cooperation models like global conferences and partnerships to facilitate alignment.
Inclusiveness: Encourages representation from developed and developing regions to better address all interests.
Limitations of solo action: Highlights downsides of fragmented policies that could stifle progress or create marketplace advantages.
Potential benefits highlighted: Outlines how cooperation could boost collective innovation, job opportunities, and trust over time.
The document provides a cogent case for international teamwork as essential given AI's cross-jurisdictional nature, while offering realistic starting points. More detail on governance and assurances of equitable participation could strengthen the call to action.
Overall, the discussion of global cooperation presents a thoughtful analysis of its strategic importance and potential value when properly implemented at scale.
Here is an evaluation of how well the document addresses workforce programs for AI:
Identification of need: Clearly establishes that reskilling/upskilling will be required as jobs transform, and lays out strategic options.
Scope of focus: Recommendations span K-12 foundations, vocational training, lifelong learning - a full lifecycle approach.
Private sector engagement: Emphasizes public-private partnerships as most effective means to impart skills aligned with labor demands.
Examples provided: Concrete initiatives proposed include AI talent programs and vocational bootcamps to jumpstart reskilling at scale.
Alignment with growth sectors: Targets skill-building toward areas poised to generate new job opportunities where AI is applied.
Limitations acknowledged: Recognizes reskilling alone cannot ensure parity of outcomes for all workers given uncertainty.
Continual adaptation: Framework allows for adjusting support programs as impacts and skill needs inevitably continue evolving.
The document offers a comprehensive perspective on why workforce strategies are crucial and provides useful initial models to modernize national retraining systems aligned with advancing technologies.
Here is an evaluation of how the document addresses governments adopting AI applications:
Identification of opportunities: It recognizes AI's potential to improve public services and provides sectors like healthcare, education as examples.
National assessments recommended: Suggesting governments conduct analyses to pinpoint high-impact use cases is a practical starting point.
Accessibility emphasized: Ensuring equitable access to benefits for all citizens/businesses aligns with public priorities.
Procurement considerations: Notes the ability of government purchasing power to stimulate beneficial solutions.
Standards and oversight: Recommends collaborative processes to determine how such systems are responsibly governed.
Capacity and change management: Does not fully address skills/resources required within governments or changeover challenges.
Incremental approach: Focuses on piloting innovative programs initially before large-scale rollout.
Limitations acknowledged: Uncertainty about outcomes means need for ongoing evaluation and flexibility.
Overall, the recommendations present a prudent, balanced strategy for governments to trial and scale applications strategically over time. More practical guidance around operationalizing suggestions could help with implementation challenges.
Here is an evaluation of how the document addresses support for small businesses and traditional industries adopting AI:
Recognition of needs: Acknowledges SMBs and industries face unique barriers to accessing opportunities.
Targeted support recommended: Suggests initiatives like digital advisors that provide customized guidance.
Funding considerations: Does not delve into specifics of financing models tailored for these constituencies.
Skills and change support: Workforce discussions are relevant but may require even more hands-on assistance.
Sector-specific pilots: Proposing sector-focused test programs is a good idea but lacks depth.
Standards and tools: Guidance on usable/affordable technologies and standards could boost adoption rates.
Ongoing challenges: Long-term support may be needed as disruption continuously transforms operations.
Limits to ambitions: Recognizes scaling opportunities depends on ability/willingness to transform models.
Overall it appropriately spotlights needs but is high-level given complexity of supporting diverse business ecosystems. More community input and practice-based details could strengthen recommendations in this area.
Here is an evaluation of how the document addresses AI regulation:
Risk-based approach advocated: Recommending proportionate, outcome-focused regulations is reasonable to avoid overreach.
Ethics by design emphasized: Guiding development through accountability and processes like impact assessments makes sense.
Flexibility prioritized: Suggesting adaptive frameworks that can keep pace with evolving tech/risks acknowledges limitations of fixed rules.
Consistent principles: Core standards like transparency, non-discrimination provide necessary guardrails without stifling innovation.
Voluntary standards role: Leveraging standards organizations is practical, but voluntary nature may impact effectiveness.
International coordination: Harmonizing regulatory approaches globally will be important for cross-border applications.
Limitations acknowledged: Uncertainty means ongoing monitoring and willingness to adjust is necessary given fast changes.
Rulemaking considerations: Process discussions could provide more guidance on authority, public participation.
Overall, recommendations present a thoughtful starting framework for risk-focused yet innovation-enabling regulation of AI. More detailed expansion on operationalizing suggested approaches would strengthen the analysis.
Here is an evaluation of who may profit and not profit from the ideas put forth in the document:
Would likely profit:
Technology companies: The agenda promotes investment in AI R&D and infrastructure, enabling continued innovation and business opportunities for tech firms.
High-skilled workforce: A focus on reskilling positions workers who can adapt well to benefit from new high-demand AI skill areas.
National economies: If realized as intended, widespread AI adoption could boost productivity and economic growth at a nation-state level.
May profit but also faces risks:
Small businesses/traditional industries: Support for AI adoption may help but disruption also possible without adequate assistance and resources.
May not directly profit and faces risks:
Low-skilled workers: Most at risk of displacement, and reskilling support does not guarantee access to new jobs or wage parity.
Marginalized groups: Differential impacts are not addressed, so inequitable access to opportunities from AI remains possible.
Public/citizens broadly: Benefits depend on successful implementation of recommendations but no formal representation in agenda-setting process.
In summary, while economic benefits are projected, the direct and indirect impacts on vulnerable populations are not sufficiently explored to guarantee equitable outcomes for all if these policies are instituted. A more inclusive process could have mitigated this.
Here is an evaluation of the ethics presented in the document:
Beneficence: The goal of maximizing benefits of AI for society through expanded access, job opportunities, and problem-solving is portrayed as an ethical priority. However, there could be more acknowledgement of distributional impacts.
Non-maleficence: Risks and potential harms of AI like bias, unemployment are acknowledged upfront. Recommendations aim to address these proactively through principles like accountability and retraining support. Ethical harm prevention is integrated.
Informed consent: Limited discussion of public perspectives and how policies might affect different communities. Public input could be better represented for policies to have strong ethical legitimacy.
Privacy: Privacy protections like design are recommended, but there are also statements privileging access to data which could compromise privacy if not carefully balanced.
Justice/Fairness: Increasing accessibility of AI benefits is positioned as an ethical goal. However, there is little consideration of unequal starting points or how policies might inadvertently exacerbate inequities.
Overall, the paper demonstrates an aim of integrating key ethical values like beneficence and non-maleficence. However, a stronger foundations of informed consent, representation of diverse publics, consideration of fairness and distributive impacts could further solidify its ethical basis according to modern standards. More viewpoints would capture real-world complexities.
Here is an evaluation of where the ideas in the document fall on the spectrum between democratic and autocratic principles:
Democratic principles:
Acknowledges importance of public trust and societal interests, not just commercial priorities.
Supports some worker protections like retraining programs.
Emphasizes accessibility of AI benefits in principle if not fully in recommended policies.
Autocratic principles:
Lacks mechanism for direct public input/consent in agenda-setting process.
Commercial viewpoints dominate without independent representation of other societal stakeholders.
Assumes top-down policy solutions without provisions for grassroots participation in implementation.
Does not guarantee accountability and oversight in application of recommended regulatory approaches.
Overall assessment:
While paying lip service to democratic values, the process and substance of recommendations lean more towards autocratic principles that privilege certain elite actors over distributed democratic governance. Broader multi-stakeholder participation and consent procedures could strengthen democratic legitimacy.
The policies themselves do not rule out democratic implementation models. But as presented, they provide limited democratic accountability, participation or protection of social priorities relative to assumed commercial and state interests. A more democratic approach would feature greater plurality and grassroots involvement.
Here is an evaluation of the status of the document between various factual/subjective dimensions:
Science vs Fiction: Closer to science than fiction. It discusses the technological development of AI and proposed policy responses grounded in research, though some elements are speculative.
Empirical vs Anecdotal: A mix of both. It cites some empirical research on AI's economic impacts but also relies to an extent on assumptions and anecdotal examples to support policy recommendations.
Fact vs Opinion: Contains a blend. It presents some facts about AI capabilities and policy approaches as objective information, but the specific recommendations proposed reflect subjective viewpoints and priorities.
Objective vs Subjective: More subjective than objective. While trying to adopt a neutral/informative tone, the policy stances and priorities projected indicate an underlying subjective agenda in favor of enabling AI innovation.
In summary, the document falls closer to the side of science/empirical/facts in discussing AI and citing research, but inevitably includes some speculation and subjective prioritization of issues in putting forth its policy agenda. It could have made its stance more transparent by clearly distinguishing perspectives based on facts vs opinions to help readers evaluate it objectively. Overall, it incorporates a hybrid of both factual and subjective elements common to opinion-based policy papers.
Here are some potential logical fallacies found in the document and an evaluation of each:
Argument from authority: Citing industry and government leadership in research without addressing criticisms of their perspectives could fall prey to this fallacy. However, their expertise is also relevant so this is a minor issue.
False dichotomy: In some places, opportunities are framed as only possible through certain policy approaches, without acknowledging alternatives. The issues have complex trade-offs rather than black-and-white solutions.
Anecdotal evidence: Examples of successful AI applications are used to support broader claims, but these are limited case studies rather than comprehensive evidence. However, some anecdotal context is also useful.
Oversimplification: Complex economic and social impacts of AI are condensed into relatively simplistic frameworks, but the issues are acknowledged to be uncertain so this is understandable for a high-level document.
Predetermined outcome: The agenda appears targeted primarily at influencing policies through a lens of enabling innovation, rather than open-minded exploration of issues. However, advocacy is an expected element of white papers.
In summary, while some logical fallacies are present, they are relatively minor and do not severely undermine the overall quality for a document of this type/purpose. The issues addressed are inherently complex with uncertainties, so complete avoidance of fallacies would be challenging. On the whole, the arguments are presented reasonably given constraints of the genre/scope.
Here are the usual evaluation criteria for a policy/white paper genre document and an evaluation of this document based on each criterion:
Purpose/Scope - Does it clearly outline its policy/recommendation focus and intended audience? This document clearly outlines its purpose of offering recommendations to policymakers on how to harness AI opportunities. The intended audience of policymakers is also explicitly stated.
Coverage of Issues - Does it thoroughly analyze key issues and present all sides of issues? The document comprehensively covers major policy issues related to AI infrastructure/R&D, workforce, adoption. It aims to present a balanced perspective acknowledging both opportunities and risks/concerns.
Organization - Is the content logically structured and easy to follow? The content is well-organized across introductory, body and conclusion sections with clear headings for each sub-topic. The flow and structure aids readability.
Evidence/Reasoning - Are arguments and stances well-supported and reasonable? It provides research evidence and rationale to support its policy stances. Claims are reasonable though could have included more opposing views for a balanced analysis.
Style - Is the writing succinct, objective and appropriate for the targeted audience? The writing is clear, fairly concise and objective in tone - a formal style fitting for the policymaker audience. Jargon is mostly avoided.
Achievement of Goal - Does it achieve its stated purpose of informing policy thinking? Yes, by presenting a comprehensive yet accessible framework, the document achieves its goal of shaping the direction of AI policy discussions and decisions.
In summary, the document demonstrates strong performance on most criteria expected of the policy paper genre. Minor weaknesses include lack of opposing views discussed. Overall it is an effective example of the genre.
Here are some potential improvements that could be made to strengthen the document:
More robust inclusion of stakeholder perspectives in development via consultations. This would help address potential blindspots and increase legitimacy.
Deeper exploration of policy trade-offs and how to balance competing priorities like innovation versus risk mitigation.
Contingency planning for alternative future scenarios in light of uncertainties, not just optimistic projections.
More specifics around governance and accountability frameworks for implementation efforts.
Evaluation metrics to assess progress and guide course corrections as impacts become clearer.
Case studies, pilot program details or references for recommendations that currently lack implementation guidance.
Greater acknowledgement of resource requirements and how costs/benefits will be distributed across groups.
Attention to equitable access and options for redressing unintended divergent outcomes over time.
Discussion of legal or political feasibility challenges and strategies for addressing these.
Independent review process involving technical experts, advocates and impacted communities.
Broadening representation in creation and providing more implementation substance could strengthen an already comprehensive high-level opportunity agenda for AI policymaking. Regular updating will also be important as the field rapidly progresses.
ZV66fdWQG2vGF2nkNkK1
0 notes
sarkariyojnaaorg · 1 year
Text
0 notes
luc1s14 · 5 years
Photo
Tumblr media
The tradition art and spirits lies within our lifestyle. We say couture is the highest quality of craftmanship in fahion world, but little did we know that this craftmanship isn't only exist in French or Milan or Italy. . . . . . . #dslrphotography #dslr #dslrcamera #dslr_official #canon #craftmanship #couture #fashion #traditionalart #traditionalindustry #traditionalprofession #fashionable #malaysia #malayfashion https://www.instagram.com/p/Bw84frsF4mvLQXsRhByFa6RILsRx4E3OUtvxNk0/?igshid=1p9k9zj05bkyh
0 notes
mavwrekmarketing · 8 years
Link
Entoro Group today announced that it has acquired OfferBoard, a company that removes barriers from the process of raising capital.
OfferBoard isntAngelList nor FundersClub. Its a platform designed to make crowdfunding work for growth capital. But instead of tech startups, the company supports general solicitation for multimillion dollar financing projects in spaces like real-estate and oil and gas.The acquisition is to bring the platform in-house so Entoro Group can support its own deals.
The reason OfferBoard can do this is Title II of the JOBS Act.When Title IIwent into effect in late September of 2013, it was largely ignored by the tech community, at least with respect toNaval Ravikant and Co.s Title III which brought equity crowdfunding into the everyday Valley lexicon. But toChris Tyrrell, Title II, aka thelegalization of general solicitation,was where the real money was going to be made.
In the past it was illegal for private companies to publicly advertise that they were raising investment. Buteven after the laws changed, it was tough to actually raise money because more traditionalindustries lacked the software infrastructure to support solicitation. ThoughOfferBoard exists in different forms for each client and use case, it is that infrastructure in its simplest form.
James Row, managing directorof the Entoro Group, gives the example of a private company looking to finance a drilling program to explain the synergies that OfferBoard will bring to Entoro. A business with 20k acres of leased property and the right to drill still needs money to build wells. At this level, that generally means raising 10s of millions of dollars. Said company would approach Entoro and they would run diligence and piecetogether a preferred equity deal to finance it.
Energy is the ideal space because it hasknown deal flow, assertedRow. There is a fragmented gap between buyers and sellers, we just need to be a better match maker.
OfferBoard, originally launched out of stealth on the stage of TechCrunch Disrupt New York in 2014.Tyrrell was working for a family office at the time he thought of the idea, but the way he got into the startup ring was unorthodox. Rather than bootstrap in a garage in Menlo Park, he bought tickets to Australia and nabbed the license to a technology being developed by a public Australian company.
Between then and now, the company hosted over $150 million worth of deals acrossa varietyof industries. But instead of building out a software platform company,Tyrrell decided to match his market entry strategy withan equally unorthodox way out, selling to aHouston-based investment bank in a wonky transaction that also involves the merging ofClearinghouse Securities and OFSCap LLC to form the aforementionedEntoro Group that is ultimately purchasingOfferBoard.
At the time of the sale,OfferBoard had hosted an estimated 50 deals at an average of $4million in value. This brought the company about $8 million in total revenue roughly split across the last three years as $1 million, $3 million and $5 million.
I came to a realization that companies with a niche were going to win the day, saidTyrrell. Thewinners will start now and win 4-6 years from now.
But despite growth,Tyrrell insisted that the industry supporting equity as a whole is running 8-10 years behinddebt platforms. The group has been slowly winding down its practice to slow growth and become profitable, streamlining by cutting its 10 person workforce in half.OfferBoard raised a total of $3.1 million from nine investors that largely consisted of high-net-worth individuals and family offices.Tyrrell will be joining the board of theEntoro Group but wont be taking a formal role beyond that.
Read more: http://ift.tt/2lgeMou
    The post Entoro Group acquires Offerboard, a platform for soliciting investments in private businesses appeared first on MavWrek Marketing by Jason
http://ift.tt/2kKe0Np
0 notes