Artificial Intelligence Can Assist To Fight Against The CoronaVirus!

Fear and panic like the coronavirus (known as “2019-nCov” or “Covid-19”) has spread across the globe. Covid-19 claimed 33,993 lives and resulted in more than 723,279 documented cases of infected people in 192 countries.

The new coronavirus pandemic has swept the world. This has caused a stir in the socio-economic landscape of various countries.

According to reports from 195, COVID-19 has infected 192 countries worldwide. While the death toll is rising in other countries such as Italy, China is recovering from the Wuhan virus and no new domestic cases have been reported recently since the outbreak.

But how will China recover while others are plunged into unhealthy chaos? The answer is artificial intelligence and other significant destructive technologies. The country is using AI, big data, as a mechanism to fight the coronavirus.

Tech giants such as Baidu and Alibaba are leading innovative initiatives to tackle the crisis. In addition to China, AI-based medical technology and startups from various regions, including the United States, with their innovations to combat the pandemic situation will come to the fore.

Countries around the world – including the United States, South Korea and Taiwan – are using artificial intelligence (AI) to slow the spread of COVID-19. The technology will be used to accelerate the development of test and treatment kits, track the spread of the virus, and provide real-time information to citizens.

Artificial intelligence training and applied science are making it easier, faster and cheaper to understand how viruses spread, how to control them, and how to control their devastating effects.
MAIN REASON A. I WILL WIN THE COMPETITION-
1. AI can predict epidemics.
Artificial intelligence, better known as AI, can warn of an impending epidemic and give us plenty of time to prepare.

In the future, A.I. It can even use social media data to predict human behavior and potential breakouts.

2. AI Can accelerate drug discovery and development.
Not only can AI warn us of impending epidemics, it can help us identify, develop, and scale new treatments and vaccines faster than ever.

“The potential for AI to accelerate detection of vaccines, drugs and diagnostics is enormous, especially with rapidly mutating RNA viruses such as Covid, which require a broad spectrum approach.”

3. AI Can help minimize mortality and optimize disease management

Lastly, AI can help manage outbreaks and minimize deaths by reducing the burden on healthcare professionals and reminding patients of appropriate treatment procedures.

They can help touch excellence in your career and make the country proud. Learn AI and ML from home. Use this time to create a bright future for your nation, and of course yours.

Take part in certification programs from E & ICT Academy and Eckovation in AI & ML

Study from home with IIT teachers. Against the backdrop of the health crisis in the country, not letting your career suffer, living at home and in a protected environment is the only luxury we all have, let’s appreciate and learn. In the event of limited availability in this course, we request that you register immediately and follow the admissions process.

What Makes “Project: Paradigm Shift” a Watershed Moment in the Professional Lives of Fintech Learners!

A paradigm shift is defined as the change in the working methodology, practices, etc. of any particular industry/sector. For example, if a new technology is introduced in any particular manufacturing business, it will change the way the goods used to be manufactured. Besides business, a paradigm shift is observed in many other sectors like disaster management, science, etc.

A paradigm shift is a change that occurs with time. Change is the nature of development & paradigm shift is that change. American physicist/philosopher Thomas Kahn Kuhn first coined the term ‘paradigm shift’.

Let us see why a paradigm shift is important in the lives of fintech learners.

Paradigm Shift in Fintech

Earlier, finance services were provided physically via banks. Fintech services created a paradigm shift in the financial sector. Besides physically visiting a bank, people can now do their transactions in just a few taps on their smartphones.

Fintech has changed the way financial services were provided to customers. Many new reforms are expected to come in the upcoming years in the fintech sector which will create a further paradigm shift in this sector. Fintech firms always hire expert individuals who can further reform the way financial services reach customers.

Fintech services are responsible for creating a paradigm shift in many sectors like banking, SMEs, MSMEs, etc. Fintech professionals should know about the paradigm shift & be able to create one for their firm/business. Whenever you can change according to the latest market, you pave the path for upward mobility. Let us see how to learn more about the paradigm shift in fintech.

Project: Paradigm Shift

Imarticus Learning provides a ‘Project: Paradigm Shift’ which is a part of their Professional Certification in FinTech course. This project is compulsory to attend and will help you in applying all the theories learned during the course. This project can create/signal a paradigm shift in business operations in the fintech industry. You will transform the learning of the course into business ideas with the help of this project.

To learn & implement paradigm shift, this course provided by Imarticus Learning is the best and is also the first of its kind. You can do a case study of some past successful business ideas made under this project on Imarticus Learning’s website.

Whether you choose the PRO or CORE fintech course provided by Imarticus, you will be eligible for the ‘Project: Paradigm Shift’. You will be applying various topics learned in the Fintech Certification course like RPA(Robotic Process Automation), blockchain, cryptocurrency management, etc. in real life via this project.

Fintech courseYou will get to know about the operations in digital banks via this course. It will help you in understanding the practices involved in the current fintech industry. This project provided by Imarticus is good for creating business ideas & start-ups.

Why Imarticus Learning?

 The Professional Certification in FinTech by SP Jain School of Global Management will provide you an edge as it covers all aspects of the fintech industry like payments, lending, new business models, API economy, blockchain, etc. The profit of choosing this course provided by Imarticus Learning are as follows:

  • You will be taught with an industry-first approach.
  • You will get placement support from Imarticus Learning and can access an AI-based job platform to find the best available jobs in the fintech industry.
  • You will also get access to a project platform via this course which will help you in showing your projects to potential recruiters & investors.
  • You will get access to SP Jain’s lab environment & can also interact with the vast fintech community.
  • You will be taught by expert faculties who are connected with reputed brands in the industry.
  • You will get to learn the role of new-age technologies in the fintech sector like blockchain, AI, ML, data analysis, etc.

In a Nutshell

 Fintech learners prefer this ‘Project: Paradigm Shift’ provided by Imarticus Learning in their Fintech Professional Course as it helps them in applying the learned topic experimentally. You will also get access to a world-class lab environment. This course can also be opted by professionals who are already working in the finance industry & want to upskills themselves. Start your Fintech course now!

Recovery and Risk of Inflation in the Post-Covid-19 Economy!

This is the question in the back of every investor’s mind. It is the question that is being asked to every professional with a wealth management career. How will the economy of India look like post-covid-19? How does the risk of inflation look for the last two quarters of 2020-2021?

Business Analyst Training with Placement

There doesn’t seem to be a clear answer but experts weigh in on their thoughts on the basis of the current situation as the economy finally starts recovering.

Let’s take a look at projections and initial thoughts even as India’s GDP takes a plunge.

Inflation or Deflation?

That is the question currently plaguing industry experts. While current inflation data pinpoint a situation where the inflation rate is bound to go up, some experts believe that the fall in demand for goods will cause deflationary pressures. These will nullify whatever the inflation that may have caused due to a dull first two quarters of 2020.

“We expect elevated inflation to be transitory. As supply chains are restored and demand remains weak, we expect inflation to fall sharply to average 2.5-3.0% year-on-year in the second half,” says an economist at Nomura. This shows a mix of inflation and deflation which will take its own time to settle over the first two quarters of 2014.

The Gap Between Rural and Urban Areas

Another important facet of the current situation is the varying trends in rural and urban India. While prices of goods still remain high in rural and interior India, pushing the inflation figure to 6% and above, the opposite is true for urban regions. Prices have normalized and so have the demand, which is being met due to unobstructed supply with Unlock 4.0 coming into effect from the start of September.

This makes several experts note that the worse days are behind us. In the months of April, May, June, and July – which observed the strictest lockdowns in the country – the inflation was on the high side. It is bound to alleviate in the coming months as the economy opens up and life goes back to normal.

Even professionals in the wealth management field echo these thoughts with an optimistic projection for the next months. The spike in prices of foods and other essentials rose during the lockdowns but is not back to normal, hinting at a stabilization.

Risk of Inflation

The record fall in India’s GDP in nearly four decades also shows the likely possibility of inflation in the coming months. According to an IDFC First Bank statement, “Overall, with real GDP expected to contract 6.3% in FY21 and with sustaining negative output gap, core inflation is only likely to move lower. On the non-core side, food inflation is expected to remain moderate supported by a robust start to Kharif sowing, expected good monsoon and the government holding significant buffer stocks.”

However, RBI’s surveys have shown an increase in expectations, mostly due to many more services coming back on their feet. While several major sectors – such as cinemas, restaurants, realty – still experiencing limbo with no recovery in sight, inflation is a possibility.

But there is a positive projection for the final quarter of the year 2020-2021, which should be enough hint for wealth management experts to plan ahead.

The current economic situation in India is a great arena for aspiring professionals with a wealth management career to studying projections, inflation, and possible risks to the economy and investments in general. Starting with a wealth management course now and then putting the acquired knowledge to practice is a sure-shot way to land interviews and get hired.

Online MBA Education CoursesExplore more online courses in the field and start studying today.