Karnataka
India's outsourcing industry is worth 300bn. Can it survive AI?
India's outsourcing industry is worth $300bn. Indian technology stocks have seen an unprecedented rout over the past few weeks over fears of artificial intelligence upending the traditional outsourcing model that powers the country's $300bn (£223bn) back-office industry. The sell-off - part of a global correction in traditional software and IT stocks - preceded the market nervousness caused by recent geopolitical uncertainty, and is particularly significant for India. Over the past three-and-a-half decades, India's software industry has created millions of white-collar jobs, spawning a new middle class driven by high ambition and strong purchasing power. This, in turn, has fuelled demand for apartments, cars and restaurants across top-tier cities such as Bengaluru, Hyderabad and Gurugram over the past 30 years.
- North America > United States (0.30)
- Asia > India > Karnataka > Bengaluru (0.25)
- North America > Central America (0.15)
- (14 more...)
- Media > Film (1.00)
- Leisure & Entertainment (1.00)
- Information Technology (1.00)
- Banking & Finance > Economy (0.68)
Asymptotically Optimal Sequential Testing with Markovian Data
Sethi, Alhad, Sagar, Kavali Sofia, Agrawal, Shubhada, Basu, Debabrota, Karthik, P. N.
We study one-sided and $α$-correct sequential hypothesis testing for data generated by an ergodic Markov chain. The null hypothesis is that the unknown transition matrix belongs to a prescribed set $P$ of stochastic matrices, and the alternative corresponds to a disjoint set $Q$. We establish a tight non-asymptotic instance-dependent lower bound on the expected stopping time of any valid sequential test under the alternative. Our novel analysis improves the existing lower bounds, which are either asymptotic or provably sub-optimal in this setting. Our lower bound incorporates both the stationary distribution and the transition structure induced by the unknown Markov chain. We further propose an optimal test whose expected stopping time matches this lower bound asymptotically as $α\to 0$. We illustrate the usefulness of our framework through applications to sequential detection of model misspecification in Markov Chain Monte Carlo and to testing structural properties, such as the linearity of transition dynamics, in Markov decision processes. Our findings yield a sharp and general characterization of optimal sequential testing procedures under Markovian dependence.
- North America > United States (0.27)
- Asia > India > Karnataka > Bengaluru (0.04)
- Europe > United Kingdom > England > Cambridgeshire > Cambridge (0.04)
- Asia > Middle East > Jordan (0.04)
- North America > United States (0.04)
- Asia > India > Karnataka > Bengaluru (0.04)
- North America > Canada (0.04)
- Europe > Germany (0.14)
- Asia > China (0.14)
- North America > Canada > British Columbia (0.04)
- (12 more...)
- Law > Statutes (1.00)
- Law > Litigation (1.00)
- Law > Civil Rights & Constitutional Law (1.00)
- (5 more...)
- South America > Chile > Santiago Metropolitan Region > Santiago Province > Santiago (0.04)
- Europe > Italy > Calabria > Catanzaro Province > Catanzaro (0.04)
- Asia > Middle East > Jordan (0.04)
- Asia > India > Karnataka > Bengaluru (0.04)
- Europe > Austria > Vienna (0.14)
- Europe > Germany (0.04)
- North America > United States > New York > New York County > New York City (0.04)
- (10 more...)
- Asia > India > Karnataka > Bengaluru (0.04)
- North America > United States > District of Columbia > Washington (0.04)
- North America > United States > Hawaii > Honolulu County > Honolulu (0.04)
- (5 more...)
- Research Report > Experimental Study (0.92)
- Research Report > New Finding (0.67)
- Health & Medicine > Pharmaceuticals & Biotechnology (1.00)
- Leisure & Entertainment (0.93)
- Education (0.67)
- Europe > Ireland > Leinster > County Dublin > Dublin (0.04)
- Asia > India > Karnataka > Bengaluru (0.04)
- Africa > Central African Republic > Ombella-M'Poko > Bimbo (0.04)
- Research Report > New Finding (1.00)
- Research Report > Experimental Study (0.93)
- Information Technology > Sensing and Signal Processing > Image Processing (1.00)
- Information Technology > Artificial Intelligence > Vision > Image Understanding (1.00)
- Information Technology > Artificial Intelligence > Vision > Face Recognition (0.68)
- Information Technology > Artificial Intelligence > Machine Learning > Neural Networks > Deep Learning (0.46)
- Europe > United Kingdom > England > Oxfordshire > Oxford (0.14)
- Europe > United Kingdom > England > Cambridgeshire > Cambridge (0.14)
- Asia > China > Guangdong Province (0.14)
- (16 more...)
- Government (1.00)
- Law (0.68)