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In a free enterprise, the community is not just another stakeholder in business, but is in fact the very purpose of its existence. (JRD)
We do not claim to be more unselfish, more generous or more philanthropic than other people. But we think we started on sound and straightforward business principles, considering the interests of the shareholders our own, and the health and welfare of the employees, the sure foundation of our success. (JRD)
There is one kind of charity common enough among us… It is that patchwork philanthropy which clothes the ragged, feeds the poor, and heals the sick. I am far from decrying the noble spirit which seeks to help a poor or suffering fellow being… [However] what advances a nation or a community is not so much to prop up its weakest and most helpless members, but to lift up the best and the most gifted, so as to make them of the greatest service to the country.(JRD)
Freedom without the strength to support it and, if need be, defend it, would be a cruel delusion. And the strength to defend freedom can itself only come from widespread industrialisation and the infusion of modern science and technology into the country’s economic life. (JRD)
Recent Posts
- Virtual assistants: Siri, Alexa, and Google Assistant are examples of virtual assistants that use natural language processing to understand and respond to users’ queries.
- Recommendation systems: Companies like Netflix and Amazon use AI to recommend movies and products to their users based on their browsing and purchase history.
- Efficiency: AI systems can work continuously without getting tired or making errors, which can save time and resources.
- Personalization: AI can help provide personalized recommendations and experiences for users.
- Automation: AI can automate repetitive and tedious tasks, freeing up time for humans to focus on more complex tasks.
- Job loss: AI has the potential to automate jobs previously performed by humans, leading to job loss and economic disruption.
- Bias: AI systems can be biased due to the data they are trained on, leading to unfair or discriminatory outcomes.
- Safety and privacy concerns: AI systems can pose safety risks if they malfunction or are used maliciously, and can also raise privacy concerns if they collect and use personal data without consent.
Artificial Intelligence
Definition:
AI, or artificial intelligence, refers to the development of computer systems that can perform tasks that would normally require human intelligence, such as recognizing speech, making decisions, and understanding natural language.
Examples:
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