Asides

Correlation is not causation

Prasad AjinkyaLeave a comment

Porn companies know their audience well. So they were braced when, on Friday 3rd March 2017, their traffic began to nosedive. That weekend, Nintendo released its new Switch console, a highly-anticipated event in the gaming world. Hundreds of thousands of people worldwide had pre-ordered the Switch to arrive that day, and by the end of…

via A major porn site’s traffic sank the weekend Nintendo released its new console — Quartz

This article, the infographic it talks about and the implied causation is precisely why people need to understand and practice better data interpretation.

I’d assume that such a trend happens when any new retail brand launch happens. It’s not just Nintendo who would cause such ripples, but any other retail brand.

Owning a Car or taking an Uber

Prasad AjinkyaLeave a comment

Travis Kalanick, founder and CEO of Uber, built his cab-hailing startup with one ambitious goal: to stop people from buying cars. And while his ultimate goal could well be achieved globally, India would remain an exception. New research by Swiss investment bank UBS says that ride-on-demand (RoD) apps won’t stop Indians from buying their own…

via The simple reason why Uber and Ola can’t deter Indians from owning cars — Quartz

The investment bank UBS research might be saying that Indians still want a car, however, I still prefer taking an Uber ride over driving. Here’s why –

  • I can sit and read while the car is happily en route to my destination. Taking calls and thinking through things is a breeze.
  • Labor as well as Time & Material are saved
  • Dependency on cash is more or less removed. After demonetization, I have reduced my cash dependency completely, and I am loving it.
  • Whereas, its great to have a car and a driver handy to do on random jaunts like drop the kids to school, go for shopping, et al … however, an on the spot Uber is almost as good

Indians would treat the car as a status symbol, perhaps in the interiors they still do – however, with parking space coming at a premium (last I checked, a parking space in Nariman point as expensive as a 15 Lakh INR) taking an Uber is just more convenient.

Living without Cash

Prasad AjinkyaLeave a comment

Oh my god! The Modi government has made a huge announcement today. All 500 INR and 1000 INR notes have been invalidated in one fell swoop.

Banks are closed the next two days and ATMs wont be operating more than 2000 INR until the end of the year.

अब की बार मोदी सरकार। नोटों की बजा दी जोरदार।