Saturday, February 22, 2020

The computer and artificial intelligence Essay Example | Topics and Well Written Essays - 250 words

The computer and artificial intelligence - Essay Example Since the age of technology donned, humans have been very concerned with regards to the prospect of artificial intelligence. At the current rate of development and the manner in which technology continues to evolve, it is not exceptional to envision a world in which computers will not only be able to think that will be able to react and learn. Moreover, reaching back into history, it can clearly be seen that human technology has almost always been used as a means of developing an advantage over another individual, markets, people group, or entire society. This fear is understandable. This is partly due to the fact that because humans are distinguished among other creatures by the ability to think, the line of separation between human and machine could effectively be blurred by a machine that is able to both think and react. What has thus far been described, and what is partially described by the authors in question, is a level of discomfort and anxiety that humans are beginning to fe el with respect to the ability that machines will soon have to replace them.If a person has a business and uses the results of the work of others he/she anyway does huge intellectual work in order to keep the competitive advantage, keep good workers, work out new plans and so on. However, if machines start to think it would be the real catastrophe as people will become lazy because machines will do everything instead of them. The authors state: â€Å"Such questions invite real, no longer speculative answers†.

Thursday, February 6, 2020

Auditing Coursework Example | Topics and Well Written Essays - 750 words - 1

Auditing - Coursework Example The last day of business came during 1998. During that period, Enron diversified its operation by taking part in the water sector that culminated in the creation of the Azurix Corporation. The business had part of its stocks floated in the NYSE during June 1999. a) They established numerous limited liability special purpose entities and allowed Enron to transfer the liability to their target so that it would not appear in its accounts. The decision enabled Enron uphold a sophisticated and robust stock price that kept increasing therefore maintaining its essential investments rating and credit grade. Such a fraudulent approach ensured that Enron did not report its losses and debts, besides its financial statements did not report losses and debts. Enron used a number of fraudulent accounting malpractice, bewildering, and deception to cover frauds that were supposed to be reported on their financial information. The entries depicted Enron as the most profitable organization contrary to the truth of the matter. In fact, that built the pressure to maintain the trend of profitability as earlier portrayed. For this reason, it meant that corporate officers were required to perform more financial fraud each quarter to retain the illusion The hiring of Andrew Fastow as the Chief Financial Officer by Jeffrey Skilling who was the Chief Operating Officer played a significant role in the crafting and implementation of the entire scheme. The CFO had a good understanding of burgeoning deregulated market, which the COO had the thirst to exploit. Therefore, Andrew Fastow began the establishment of several limited liabilities with the special purposes entity. Although Andrew Fastow was the chief architect in the execution, other people individual who collaborated in hiding offshore losses were instrumental in the execution as well. Yes, I think that Enron manipulated the prices and the availability of power in the state of