profitlens is an entirely web-based profitability product for small banks. Using GL and transaction data, you can build a 360-degree view of customer, product, and organizational profitability. Looking at your data in different ways helps focus your back-office and your front-line. For more information, take a look at http://profitlens.net. * profitlens is a product of Meridian Technologies, Inc. I am proud and happy to be a contributing developer for this product.
There is a trend going around the Internet about the dangers of Artificial Intelligence. This fear is nothing new. People have been talking about the dangers of creating AI for some time. We've seen it in popular media for decades, but it has gone on longer. In fact, if you allow this type of thing, the silent film, The Golem, is an early, 1920 example of an AI having run amok. However, a couple of things are making the rise of AI an even more pressing issue for people. (more…)
The transposition of two Letters by five placeings will be sufficient for 32 Differences [and] by this Art a way is opened, whereby a man may expresse and signifie the intentions of his minde, at any distance of place, by objects...capable of a twofold difference onely. - Sir Francis Bacon, Lord Verulam in De augmentis scientiarum, 1623.
To start with, understand that numbers can be represented in different ways. If I showed you tally marks like this you know I'd mean the number five. But, that's the way to write it in one numeral system ((unary, if you must know.)). Simply put, a numeral system is a consistent way to write a number using a certain set of characters (marks, letters, numerals, etc.). The system dictates which characters are used and how they are used to represent a number. It's an old one, but consider the Roman numeral system. You've probably seen the characters (I, V, X, L, C, etc.) and know that "III" is three and "IV" is four, and so on. This is an example of an earlier system using Roman characters and an additive-notation - that places characters left-to-right -…