Bindu Reddy: Envisioning a Utopian Society Supported by Artificial Intelligence
The Edge
by The Edge Staff
1d ago
The notion of a utopian society powered by artificial intelligence (AI) is what Abacus.AI founder, Bindu Reddy envisions for the future. Be it fraud detection or playlist recommendations, Reddy’s Abacus.AI uses plug-and-play AI tools that customers can use to create deep-learning models. In short, it is artificial intelligence that creates artificial intelligence. In November 2021, Abacus announced a $22 million Series B round, rounding the total money raised to $40.3 million. The Edge, A Leader’s Magazine spoke to Reddy about AI’s potential and risks. Can you elaborate on the potent ..read more
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How to Use Podcasting to Promote Your Business
The Edge
by The Edge Staff
4d ago
The best entrepreneurs provide their client base with an array of avenues for communication. With the emergence of streaming platforms such as YouTube and SoundCloud, business owners have found new ways of reaching out to and engaging customers with their products and services. With this emerging direct-sales approach comes the power to completely bypass the keyholders of the world of traditional communication, like network TV executives and radio program directors. This has huge implications for small business owners, as they no longer have to worry about their mission statement being distort ..read more
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Is India’s Economy Competing with China’s?
The Edge
by The Edge Staff
4d ago
India’s economy is growing on an unprecedented scale. Most recently, the country has initiated several campaigns to showcase itself as an economic powerhouse. When India hosted the G20 leaders last year, its stock market soared to new heights, not to undermine the many economic plans it outlined at the World Economic Forum in Davos, Switzerland. The country has already surpassed China’s population, and it has a vast, young, and energetic workforce that’s hardly comparable to China’s. Nevertheless, you might wonder if India can challenge China’s economy. Although this isn’t a surmountable chall ..read more
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Sunk-Cost Fallacy and How it Could be Setting You Up for Financial Ruin
The Edge
by The Edge Staff
6d ago
Even if you’ve never heard of it, there is a very good chance that you’ve fallen victim to sunk-cost fallacy at least once in your life. Sunk-cost fallacy refers to when you continue to follow through with a plan or decision even though it would be far more beneficial for you to give up. This usually happens because you’ve invested in the plan or decision in the form of money, emotions, time or any combination of those.  An example of this would be not giving up on your camping trip this weekend even though it’s going to rain because you bought all new gear for this trip. You know you wil ..read more
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8 Reasons Your Company Should Avoid a Culture of Entitlement
The Edge
by The Edge Staff
6d ago
The success of a company is measured at least on some level by the accomplishment of internal staff. An employer who actively seeks to have their workers succeed is considered the new standard of progressive management. It is therefore imperative that a culture of entitlement at your company be recognized and avoided, as a festering of this attitude can lead to failure. Entitled employees fail in impressing customers, good management, and often cause issues for their coworkers. If you want your company to prosper and grow, here are eight qualities you should adopt to avoid a culture of entitle ..read more
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Jamaican billionaire and CEO of Portland Holdings Inc., Michael Lee-Chin, on “Prosperity with Care.”
The Edge
by The Edge Staff
6d ago
Even as a young man, Michael Lee-Chin knew that achieving success often means taking risks and reaching for the top rung. Emblematic of this was his letter to the prime minister of Jamaica, explaining that he was desperately seeking financial aid to continue his Civil Engineering studies at McMaster University.   His plea was so convincing, and his grades so impressive, that even the prime minister of Jamaica knew Lee-Chin was someone to invest in. Lee-Chin subsequently received subsidy covering the next three years of his education. “When you need help, it’s a no, until you ask for it ..read more
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How To Turn Your Passion Into A Money-Making Venture
The Edge
by The Edge Staff
1w ago
As the pandemic took a toll on the job market, many entrepreneurs found new ways to make money. The dream of turning a hobby or pastime into a money-making venture was no longer a fantasy. Scarred by the coronavirus, millions of people around the world were forced to create their own jobs to make ends meet, often turning to their favourite hobbies or pastimes. Turning their favourite passion into a business could be what some just wanted to answer their creative calling. With the pandemic mostly over, turning a hobby into a money-making venture is a great way to get more side cash. Pursuing yo ..read more
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The Triple Bottom-Line As a Leader: People, Profit & Planet
The Edge
by The Edge Staff
1w ago
The cultural tides of the workplace have arguably shifted more in the last couple of years than ever before. From the global pandemic and the climate crisis to social discord – and by extension, social discourse – there are many external elements that have contributed to an overall evolution of people’s relationships to their jobs and their companies. Any entrepreneurial leader would therefore be remiss not to heed the signs of the times when it comes to their bottom line. In response to these shifting tides, many companies are now adopting a triple bottom line agenda. First coined in 1994 by ..read more
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How Improving Your Life Can Help You Earn More
The Edge
by The Edge Staff
1w ago
There’s a universal understanding that exercise plays an important part in achieving and maintaining good health. Working out benefits people physically, mentally, and even emotionally, not only boosting mood, but positively impacting relationships as a result. Particularly when added to other well-known wellness tips like drinking plenty of water, eating lots of fruits and vegetables, and getting enough sleep, exercise can vastly improve how you feel in general and about yourself.  Further to that, exercise can have financial benefits as well. The reasons may seem obvious when you stop t ..read more
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Life After Scandal: How Businesses Can Bounce back
The Edge
by The Edge Staff
2w ago
A scandal is bad for businesses of any size, but for small businesses or startups it can be devastating. Silicon Valley firms like Apple, Facebook, Google, Microsoft, Amazon, Uber, and Tesla have all made headlines for the wrong reasons, whether for mishandling customers’ personal data, allegations of a company culture that tolerates or even encourages harassment, or general mistreatment of workers. It’s obviously never a good thing to have your company in the public eye for something negative or embarrassing, and while the companies mentioned above can all leverage significant resources to tr ..read more
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