The Story of Computer Vision

What is computer vision? Where has it come from? 20 years ago only a few esoteric Engineers were working on it, but now mass-market products like the Microsoft Kinect, Google’s driverless cars and facial recognition systems are using computer vision in a fast, cheap and effective way. What happened?

One reason is that computer vision requires a lot of processing, and computers have only recently become fast enough to handle the workload needed. However this is not the only reason why computer vision has gone from an academic dream to a consumer reality. Continue reading

An Engineer’s Guide to Cooking

I have recently delved into the world of cooking. But as an Engineer simply following recipes doesn’t quite fill my appetite for culinary knowledge. What happens to food when it’s cooking? Why does a steak need to rest? What happens when something is ‘aged’? Most people want to learn how to make a good meal rather than the science behind it, so these sort of questions don’t often appear in recipe books. However Engineers aren’t most people…

Over the last 20 years there has been a big focus on the science of cooking and great literature has accompanied it. This short post is about the most important rule I have learnt so far: the temperature of the water inside the food is vital. Continue reading

Making sense of Internet Platforms: Network Effects and Two Sided Markets

It seems like the quickest way to make a billion dollars at the moment is to create a successful internet platform. Companies like Facebook, eBay, Airbnb, Twitter and Paypal are platforms that have gone from obscurity to internet giants in a matter of years. So what are these platforms and how are they making so much money? A lot of starry-eyed tech entrepreneurs wax lyrical with theories that equate the technology revolution to a revolution in business and economics. But the typical way an internet platform makes profit is by acting as a two sided market, which is a type of business that existed long before the internet.

Two sided markets are naturally able to thrive at huge scales and platforms have been taking advantage of this, attaining unbelievable valuations. It is useful to view internet platforms through the lens of a two sided market because it explains the incentive structure of the platform and how the companies orient themselves in terms of product decisions. Continue reading

Wavelets 4 Dummies: Signal Processing, Fourier Transforms and Heisenberg

Wavelets have recently migrated from Maths to Engineering, with Information Engineers starting to explore the potential of this field in signal processing, data compression and noise reduction. What’s interesting about wavelets is that they are starting to undermine a staple mathematical technique in Engineering: the Fourier Transform. In doing this they are opening up a new way to make sense of signals, which is the bread and butter of Information Engineering. Continue reading

What are Fractals and why should I care?

Fractal geometry is a field of maths born in the 1970’s and mainly developed by Benoit Mandelbrot. If you’ve already heard of fractals, you’ve probably seen the picture below. It’s called the Mandelbrot Set and is an example of a fractal shape.

mandelbrot

The geometry that you learnt in school was about how to make shapes; fractal geometry is no different. While the shapes that you learnt in classical geometry were ‘smooth’, such as a circle or a triangle, the shapes that come out of fractal geometry are ‘rough’ and infinitely complex. However fractal geometry is still about making shapes, measuring shapes and defining shapes, just like school.

There are two reasons why you should care about fractal geometry: Continue reading

To lobby or not to lobby: How to decide whether you should manipulate your government

A company will lobby government in order to influence a decision that will effect them. This effect is usually economic, so the company will lobby in order to give themselves the best economic outcome. However there is a trade-off for the company: they can lobby government to benefit themselves economically, however lobbying costs money which isn’t economically beneficial. So when does a company decide to lobby or not? And how do they decide the amount of money to spend on lobbying? This blog post shall explore the question from an economic point of view. First it shall describe supply-demand, externalities and Pigovian tax, then it shall describe how a company can make a decision based on this framework. Continue reading

Principal Component Analysis 4 Dummies: Eigenvectors, Eigenvalues and Dimension Reduction

Having been in the social sciences for a couple of weeks it seems like a large amount of quantitative analysis relies on Principal Component Analysis (PCA). This is usually referred to in tandem with eigenvalues, eigenvectors and lots of numbers. So what’s going on? Is this just mathematical jargon to get the non-maths scholars to stop asking questions? Maybe, but it’s also a useful tool to use when you have to look at data. This post will give a very broad overview of PCA, describing eigenvectors and eigenvalues (which you need to know about to understand it) and showing how you can reduce the dimensions of data using PCA. As I said it’s a neat tool to use in information theory, and even though the maths is a bit complicated, you only need to get a broad idea of what’s going on to be able to use it effectively. Continue reading