Technological advances are transforming everything from transportation and manufacturing to financial services and healthcare. These advances make digital transformation imperative for organizations to adapt to shifting marketplace realities. Nine out of 10 executives surveyed by Accenture see accelerating digital transformation as essential to success.
“Digital transformation is redefining how companies operate across all areas of a business,” says Eisar Lipkovitz, chief information officer and product line general manager of Cloud Platform Services for JPMorgan Chase, the world’s largest bank in terms of market capitalization. By transitioning architecture and operations to the cloud, Lipkovitz says, JPMorgan Chase aims to improve customer experience and products, adopt modern data practices, and discover operational efficiencies.
For many organizations, digital transformation has meant shifting to cloud-based architectures, tools, and processes. Working in the cloud and building cloud-native applications means quicker release updates, rapid scalability due to distributed compute power, optimized cost structures, and access to specialized tools that simplify tasks like testing, monitoring, and security.
JPMorgan Chase’s comprehensive digital transformation initiative uses public cloud computing to address governance, culture, and customer needs, Lipkovitz adds, and is a crucial path to stay competitive.
Drivers of change include simplification
For JPMorgan Chase, simplifying its complex IT infrastructure under cloud technology better serves its customers and clients, permits quicker innovation, and enhances security. “Our largest customers need to make trades and move money globally,” Lipkovitz says. “They’re looking for simplification.”
Alongside simplification, digital transformation is also driven by a need to provide better products for customers, while still addressing security vulnerabilities and regulatory requirements. According to Gartner’s 2022 Hype Cycle for Digital Banking Transformation, public cloud is one of four technologies likely to transform the banking sector by 2024. Other technologies include chatbots, social messaging payment apps, and banking-as-a-service, which enables non-banks or non-financial institutions to provide financial services.
focus on the cloud and security
Like many large enterprises, some of JPMorgan Chase’s software was built in-house over decades of work. Much of this software remains robust—such as the legacy card processing systems still used globally. Digital transformation does not necessarily mean older systems will be replaced; instead, many are well-suited to be adapted, and freed from their dependence on mainframes, says Lipkovitz. Public cloud and cloud-native technologyare increasingly used to renovate these systems, helping organizations eliminate technical debt, quicken development cycles, and modernize technology stacks.
The modern technology stacks of financial services companies must be highly secure. For established cloud providers, Lipkovitz notes, “security at this point is really table stakes.” Cloud services today come with robust security out of the box, giving developers of cloud-based applications a head start from a security standpoint. “Not only do we need to be secure and safe, we must be able to attest to it, to demonstrate it,” says Lipkovitz.
One way to demonstrate data security and compliance is with infrastructure as code (IaC), which provisions and manages infrastructure through code instead of through physical hardware configuration or with configuration tools. As organizations migrate to the cloud and adopt modern technologies—such as serverless cloud, containers, and Kubernetes—infrastructure must be monitored and secured at an increasingly granular level. IaC can provide the tools to accomplish this.
With IaC, developers can quickly and easily reproduce a specific version of an environment to see where changes were made (and by whom), or see the origins of a bug or flaw in the system. This transparency helps in the auditing process and with regulatory compliance, and is particularly valuable in highly regulated industries such as financial services, where customers expect their data to be secure and protected.
At JPMorgan Chase, Lipkovitz’s team employs zero-trust security frameworks that lock
By: MIT Technology Review Insights
Title: The cloud is key for financial services undergoing digital transformation
Sourced From: www.technologyreview.com/2022/12/14/1062385/the-cloud-is-key-for-financial-services-undergoing-digital-transformation/
Published Date: Wed, 14 Dec 2022 15:00:00 +0000
Parks & R3cs Presents SunDown Volume 4: A Mesmerizing Blend of Music & Nature!
When it comes to creating an unforgettable experience that combines the power of music with the beauty of nature, Parks & R3cs knows how to deliver. This dynamic collective has been making waves in the LA music scene. Their recent packed show at Pattern Bar in Downtown LA only solidified their success. But their true essence lies in bringing the community together to groove in different parks throughout Los Angeles. On Saturday, June 3rd, they are set to return to Woodley Park for Volume 4 of their signature event series, SunDown.
SunDown is not your average dance music event. I say this, as it goes beyond the confines of a traditional get-together, and embraces nature at its finest. With SunDown, Parks & R3cs aims to create a vibrant and inclusive atmosphere. One where music lovers can connect with nature while dancing the night away. Similarly, this time, they’re taking things up a notch by switching the date from the typical Sunday to a Saturday. In the process, ensuring an even more energetic and unforgettable experience.
Sundown Vol. 4 Lineup
One of the key aspects that sets SunDown apart is its carefully curated lineup. This is a lineup that showcases both established artists and rising talents. Leading the charge are none other than the founders of Parks & R3cs themselves: Jessy R3cs, BassBubbles, and the show’s headliner and birthday boy, Michael Walker. These visionary artists have been instrumental in shaping the collective’s success. Their performances are a testament to their talent and dedication to the growth of the collective.
But the surprises don’t stop there– SunDown Volume 4 will also feature a special guest. That guest being YULAA, a rising star from San Francisco who has been making waves with her recent remix of “Artichokes are Yellow.” Her unique sound and infectious energy are sure to captivate the crowd and leave a lasting impression. SunDown Volume 4 will be further enriched by the Latin house sounds of Desno and Lokal Eleven. These talented artists will infuse their unique energy into the mix. In the process adding a vibrant and irresistible rhythm that will keep the crowd dancing well into the night. If you’re into the sounds of Latin house, these are two acts that you do not want to miss.
In addition to the main lineup, Parks & R3cs has joined forces with another music and arts renegade camp, “The Glitter Cats,”. In doing so, they aim to create a truly unforgettable experience. Together, they recently hosted the “Cinco de Meow” festival. This took place at a hot spring resort, and attracted a crowd of 100 people. Meanwhile a deep partnership was forged between the two collectives, which will be put on full display at SunDown Volume 4. Now, the talents of house-thumping masters Graphixxx, pbob, and TKNL, will also be featured on the lineup of SunDown Volume 4.
SunDown Volume 4 promises to be an unforgettable experience. The collective aims to blend the power of music with the beauty of nature. If this seems like something that might interest you, mark your calendars for June 3rd. SunDown Volume 4 will take place at Woodley Park and is located in Los Angeles, CA. The park can be found at 6350 Woodley Ave., Van Nuys, CA 91436. Don’t miss out on this one-of-a-kind experience that will leave you with memories to last a lifetime. See you there!
Be sure to check out Parks & R3cs at their official website, here. Parks & R3cs SunDown parks series can be found on Instagram, here. Similarily, SandBox their beach series, can be found here. Enjoy!
About Parks & R3cs:
Parks & R3cs is a Los Angeles-based music collective dedicated to showcasing and supporting local talent. We believe in the power of music to bring people together and create meaningful connections, and that’s why we’ve made it our mission to provide a platform for emerging DJs and producers to share their art with the community.
Whether it’s at Woodley Park, Dockweiler Beach, or any of our other events, we strive to create a welcoming and inclusive atmosphere where music lovers can come together and discover new sounds. We are proud to be a part of the vibrant LA music scene and excited to continue bringing high-quality events to the community.
The post Parks & R3cs Presents SunDown Volume 4: A Mesmerizing Blend of Music & Nature! appeared first on EDMTunes.
By: Matt Sierra
Title: Parks & R3cs Presents SunDown Volume 4: A Mesmerizing Blend of Music & Nature!
Sourced From: www.edmtunes.com/2023/05/parks-r3cs-presents-sundown-volume-4/?utm_source=rss&utm_medium=rss&utm_campaign=parks-r3cs-presents-sundown-volume-4
Published Date: Sat, 27 May 2023 19:44:08 +0000
LISTEN: DVBBS Tap Jeremih & SK8 for Genre-Bending Summer Anthem, “Crew Thang”
Canadian brothers DVBBS have joined forces with Grammy-nominated R&B artist Jeremih and singer-songwriter SK8 in their latest single, “Crew Thang.” This dynamic track combines captivating melodies and groovy house basslines, complemented by vibrant vocals that strike the perfect balance between sensuality and enjoyment. It serves as an ideal anthem to launch the summer season, offering an unforgettable experience and encouraging everyone to embrace their own unique style on and off the dance floor. “Crew Thang” follows the duo’s recent release, “Synergy” featuring Timmy Trumpet, and we can’t wait to hear what they have in store for us next. Stream the single below and stay tuned for the official music video of “Crew Thang,” which will be released very soon.
DVBBS – Crew Thang | Stream
‘LISTEN: DVBBS Tap Jeremih & SK8 for Genre-Bending Summer Anthem, “Crew Thang”
The post LISTEN: DVBBS Tap Jeremih & SK8 for Genre-Bending Summer Anthem, “Crew Thang” appeared first on Run The Trap: The Best EDM, Hip Hop & Trap Music.
By: Max Chung
Title: LISTEN: DVBBS Tap Jeremih & SK8 for Genre-Bending Summer Anthem, “Crew Thang”
Sourced From: runthetrap.com/2023/05/28/listen-dvbbs-tap-jeremih-sk8-for-genre-bending-summer-anthem-crew-thang/
Published Date: Sun, 28 May 2023 12:57:57 +0000
ChatGPT is going to change education, not destroy it
The response from schools and universities was swift and decisive.
Just days after OpenAI dropped ChatGPT in late November 2022, the chatbot was widely denounced as a free essay-writing, test-taking tool that made it laughably easy to cheat on assignments.
Los Angeles Unified, the second-largest school district in the US, immediately blocked access to OpenAI’s website from its schools’ network. Others soon joined. By January, school districts across the English-speaking world had started banning the software, from Washington, New York, Alabama, and Virginia in the United States to Queensland and New South Wales in Australia.
Several leading universities in the UK, including Imperial College London and the University of Cambridge, issued statements that warned students against using ChatGPT to cheat.
“While the tool may be able to provide quick and easy answers to questions, it does not build critical-thinking and problem-solving skills, which are essential for academic and lifelong success,” Jenna Lyle, a spokeswoman for the New York City Department of Education, told the Washington Post in early January.
This initial panic from the education sector was understandable. ChatGPT, available to the public via a web app, can answer questions and generate slick, well-structured blocks of text several thousand words long on almost any topic it is asked about, from string theory to Shakespeare. Each essay it produces is unique, even when it is given the same prompt again, and its authorship is (practically) impossible to spot. It looked as if ChatGPT would undermine the way we test what students have learned, a cornerstone of education.
But three months on, the outlook is a lot less bleak. I spoke to a number of teachers and other educators who are now reevaluating what chatbots like ChatGPT mean for how we teach our kids. Far from being just a dream machine for cheaters, many teachers now believe, ChatGPT could actually help make education better.
Advanced chatbots could be used as powerful classroom aids that make lessons more interactive, teach students media literacy, generate personalized lesson plans, save teachers time on admin, and more.
Educational-tech companies including Duolingo and Quizlet, which makes digital flash cards and practice assessments used by half of all high school students in the US, have already integrated OpenAI’s chatbot into their apps. And OpenAI has worked with educators to put together a fact sheet about ChatGPT’s potential impact in schools. The company says it also consulted educators when it developed a free tool to spot text written by a chatbot (though its accuracy is limited).
“We believe that educational policy experts should decide what works best for their districts and schools when it comes to the use of new technology,” says Niko Felix, a spokesperson for OpenAI. “We are engaging with educators across the country to inform them of ChatGPT’s capabilities. This is an important conversation to have so that they are aware of the potential benefits and misuse of AI, and so they understand how they might apply it to their classrooms.”
But it will take time and resources for educators to innovate in this way. Many are too overworked, under-resourced, and beholden to strict performance metrics to take advantage of any opportunities that chatbots may present.
It is far too soon to say what the lasting impact of ChatGPT will be—it hasn’t even been around for a full semester. What’s certain is that essay-writing chatbots are here to stay. And they will only get better at standing in for a student on deadline—more accurate and harder to detect. Banning them is futile, possibly even counterproductive. “We need to be asking what we need to do to prepare young people—learners—for a future world that’s not that far in the future,” says Richard Culatta, CEO of the International Society for Technology in Education (ISTE), a nonprofit that advocates for the use of technology in teaching.
Tech’s ability to revolutionize schools has been overhyped in the past, and it’s easy to get caught up in the excitement around ChatGPT’s transformative potential. But this feels bigger: AI will be in the classroom one way or another. It’s vital that we get it right.
From ABC to GPT
Much of the early hype around ChatGPT was based on how good it is at test taking. In fact, this was a key point OpenAI touted when it rolled out GPT-4, the latest version of the large language model that powers the chatbot, in March. It could pass the bar exam! It scored a 1410 on the SAT! It aced the AP tests for biology, art history, environmental science, macroeconomics, psychology, US history, and more. Whew!
It’s little wonder that some school districts totally freaked out.
Yet in hindsight, the immediate calls to ban ChatGPT in schools were a dumb
By: Will Douglas Heaven
Title: ChatGPT is going to change education, not destroy it
Sourced From: www.technologyreview.com/2023/04/06/1071059/chatgpt-change-not-destroy-education-openai/
Published Date: Thu, 06 Apr 2023 10:13:15 +0000
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