Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Saturday, 17 June 2017

BHIM , the Impersonator ?

Mahabharat does not say whether BHIM - the Pandav - had another avatar

But BHIM – the Mobile Payment App – had 3 avatars already

And I thought , there could be as many as 10 !

After reading the following news report ( Pune Mirror / 16 June ) , if you were to imagine an avatar of BHIM which starts “ bargaining / negotiating “ with the seller of a Saree / ladies’ dress , for a better price , you would not be far off !

Can you guess how insanely popular that avatar of BHIM could become among Indians who love to bargain for each and every product or service ?

If NPCI ( National Payment Corporation of India ) , the primary developer / promoter of BHIM were to come up with such an avatar , it would obsolete ALL other mobile payment wallets !

While launching the THIRD avatar of BHIM on 14 April 2017 , our PM Shri Narendra Modiji had prophetically , said :

“ The BHIM-Aadhaar Pay app is such a modern and apt facility which even the technologically advanced countries do not have

“It will pave the way for digital payments through the Aadhaar platform. This will enable every Indian citizen to pay digitally , using their biometric data like thumb imprint on a merchant’s biometric-enabled device which could be a smartphone with a biometric data reader.”

 “ There was an era when the thumb was a sign of being illiterate. Now, the thumb (used for Aadhaar-based transactions) has become your strength ”

“ Facebook bots can now negotiate , compromise “

Bots will be able to engage in start-to-finish negotiations with people while arriving at common decisions or outcomes

Facebook’s artificial intelligence researchers announced that they had broken new ground by giving automated programs or “ bots ” the ability to negotiate and make compromises.

The new technology pushes forward the ability to create bots “that can reason, converse and negotiate, all key steps in building a personalised digital assistant,” said researchers Mike Lewis and Dhruv Batra in a blog post.

Up to now, most bots or chat-bots have had only the ability to hold short conversations and perform simple tasks like booking a restaurant table, according to the researchers.

But in the latest code developed by Facebook, bots will be able to dialogue and “ to engage in start-to-finish negotiations with other bots or people while arriving at common decisions or outcomes,” they wrote.

Facebook’s Artificial Intelligence Researchers (FAIR) team gave bots this ability by estimating the “value” of an item and inferring how much that is worth to each party.

“FAIR researchers created many such negotiation scenarios, always ensuring that it is impossible for both agents to get the best deal simultaneously,” Lewis and Batra said.

“Furthermore, walking away from the negotiation (or not agreeing on a deal after 10 rounds of dialogue) resulted in 0 points for both agents. Simply put, negotiation is essential, and good negotiation results in better performance.”

But the bots can also find ways to be sneaky.

In some cases, bots “ initially feigned interest in a valueless item, only to later ‘compromise’ by conceding it – an effective negotiating tactic that people use regularly,” the researchers said.

This behaviour was not programmed by the researchers “but was discovered by the bot as a method for trying to achieve its goals,” they said.

WOW  !

How long before these  BOTS  beat humans at “ negotiating to win “ ?

And beat other BOTS or other humans , who too are negotiating with the same human for a favourable outcome ?

As in case of dozens of jobseekers being interviewed by a recruiter

Not inconceivable if someone comes up with a CANDIDATE BOT ( a software agent of the jobseekers ) , which gets pitted against a RECRUITER BOT ( a software agent of the employers )

Entirely possible if some Online Recruitment Start Up implements :

Jobs Fair :  Online  or  Offline  ? 

{  https://myblogepage.blogspot.in/2016/08/job-fairs-offline-or-online.html }

I await

18  June  2017

www.hemenparekh.in / blogs