Thinks 519

Shane Parish: “The 24-hour rule states that you turn the page every day. No matter what. You can celebrate or cry but tomorrow you turn the page. Tomorrow is a new day.”

Washington Post reviews Moisés Naím’s new book, “The Revenge of Power”: “Today’s autocrats are savvy, with new stratagems fit for a world upended by technological change. They exploit, and sow, distrust in experts, authorities, the media. They manufacture truth, invent enemies and use legal pretexts to consolidate power. This is what Naím terms stealthocracy: a way of maintaining the architecture of liberal democracy while gutting accountability and fostering public discord. He writes that “3P” power is “malign … incompatible with the democratic values at the center of any free society.” Its danger lies in the slow way leaders transform societies that are already undergoing rapid change. Institutions may look the same, but the values, norms and freedoms that undergird them have worn away.”

Mint: “Bots are the robots of the services world. They are configurable pieces of software that can be set up to perform a specific task, usually those that are repetitive in nature. The KYC bot extracts data (from the front-end application/ scanned images), validates it (using internal and external databases) and inputs it into core banking systems.”

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.