Business & Economics

Artificial Intelligence Business & Economics Education

TRANSFORMING SOCIETIES WITH ETHICAL AI: GLOBAL PERSPECTIVE AND LESSONS FOR PAKISTAN

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Artificial intelligence (AI) is a monumental force at the frontier of the Fourth Industrial Revolution, transforming industries and reshaping societies globally. As nations worldwide channel vast investments into this groundbreaking technology, ethically developing and implementing AI becomes imperative, ensuring its immense benefits are fully realised while minimising potential risks. For Pakistan, embracing and tailoring insights…

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Artificial Intelligence Business & Economics Innovation

Transforming Property Tax Estimation with AI and Satellite Imagery

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Tax evasion is a common problem among many countries, and becomes a survival threat to developing economies such as Pakistan. Due to manual estimation methods, collection of property tax in Pakistan, specifically the tax on build-up properties in cities, is a significant challenge. This tax is estimated based on the height of the build-up properties,…

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Business & Economics

Systemic Risk & Macroeconomic Forecasting: A Globally Applicable Copula-based Approach

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The fragility of the financial system can have dire economic consequences is one of the key learnings from the Global Financial Crisis (2007-09). The impact of the crisis was exacerbated due to the interconnectedness of financial institutions and international financial markets. Monitoring the fragility of the financial system, referred to as systemic risk in financial…

Business & Economics Technology

Searching the Encrypted Cloud: Yes, It’s possible

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A technology that has had a significant impact on organizations, large and small, is cloud computing. Numerous case studies have thrown light on how the cloud has revolutionized airlines, healthcare, banking, education, etc.  Fundamentally, the cloud is the availability of resources (infrastructure, platform, software) that are provisioned via the internet. For the startup and enterprise,…