Reddit seems to be a haven for everything you can imagine on the internet. A lot of things that often go overlooked. However, there is a post about the so-called AI guru named Siraj Raval exploiting students with charged them $199 for machine learning course that copy-pasted other people’s GitHub code and banning students from asking for a refund. There are a few lessons that we can learn from this story so we are aware of this problem and make sure it won’t happen on us in the future especially to naive and AI practitioners that self claim as ‘guru’.
The Dunning-Kruger Effect is a cognitive bias where the unskilled rate their ability higher than the average while competent people undervalue their ability. The reason unskilled people suffer from the Dunning-Kruger effect is that their own incompetence makes them unable to rate themselves. Compare to Imposter Syndrome, it is a feeling that people who have succeeded at something experience, believing that it was just luck or chance that lead to their success, not their abilities. Instead, Dunning-Kruger subjects believe they are very intelligent and tend to over-inflate their abilities because they can’t recognize their incompetence in comparison to others
There are a lot of things we can learn from Hausboom and Syed Saddiq story. If you follow these 5 rules when doing business, we as a founder can avoid the frustration that can lead to making a mistake decision which can affect the company reputation or almost into destruction.
The New Year is quickly approaching! You know what that means, countless New Year’s resolutions that you will create and fail to follow through on. Rome wasn’t built in a day. Less than 10% of people ever achieve their New Year’s resolution. So many of us get a jolt of excitement and inspiration of the New Year. New Year, new you.
I surveyed startup and compared their lifestyle with business people. The business people had the lifestyle the people in a startup so dearly wanted. Why? Well, they spent about less than 40 hours a week working and the rest of us at their leisure whereas the startup plotted most people in the startup spent 8 hours at their leisure time a week and the rest was either working or certain fields like working.
Facebook Messenger chatbots will be the next big marketing trend in 2018 and beyond. There is a bright future expected by the chatbots. More than 4.1 billion people are active on Facebook Messenger every month, so why not monetize this platform as part of your client’s social media marketing strategy? 2 billion people that business-related messages are sent through Facebook Messenger chats according to Facebook IQ. The good news is the chatbot trend is not weakening since 2017.