Hello everyone. Thank you so much for joining us for our talk today. Great expectations of Gen AI versus the real world. So I'm Anna Byers and I'm gonna start us off. So how many Marvel fans do we have here in the audience? Yeah, I thought so. So you may remember the famous quote from Thanos, dread it, run from it, but destiny arrives all the same. And that's true for generative AI as well. It's coming whether we're ready for it or not. So today we're going to delve into the contrast between the expectations that we may have for generative AI and the reality of where it is today. And just as a note, we may use generative AI or Gen AI and AI kind of interchangeably in this talk and all the recommendations that we have really will apply to both. So let's start by talking about what are some expectations that people have when it comes to Gen AI. Oops, there we go. So we may see it as this ultimate magic wand that can magically check things off our to-do list. It can be our personal assistant getting us through our day and taking care of tasks for us. I personally like to think about the possibility of generative AI being able to respond to all my emails for me so that I don't have to. And we can think of it as this thing that can make us heroes at our job, allowing us to shine in ways that we haven't been able to in the past. We also think about Gen AI is our answer to all our questions, right? We ask it everything from, you know, building an itinerary for travel to answering complex medical questions. And so we rely on Gen AI as this potential know-it-all of all of the information. We also have some negative thoughts about generative AI. We worry that it could be our worst enemy that instead of making us more productive, it actually adds work to our day. And we wonder what if it's lacking in transparency? It's operating in the shadows and keeping us in the dark about how it's making decisions. And finally, the biggest fear, what if it steals our jobs? What if it makes us irrelevant and displaces us? So positive or negative, there's a lot of expectations that we have that are really based in sometimes minimal or no interaction with actual AI. And so as we think about the reality, it's actually a little bit less perfect than some of those high grand expectations we have. Kind of like our Hulk cakes here. Expectation of this beautiful thing that can do anything versus a little bit more simplified reality. So what is the reality of generative AI? Well, first and foremost, it's important to remember that AI is not infallible. It is a really powerful tool that can do a lot. But just like any tool, it has its limitations. In particular, with generative AI, there are unique risks because it can create new content in a way that mimics human creativity. And that's dangerous when we can run into things like hallucinations where the AI can make up something that is completely untrue but present it confidently. So some of you may have heard of the now famous legal case where the lawyers relied on chat GPT in order to craft their case. And it turned out that chat GPT had actually made up completely made up previous legal cases that didn't even exist. So there's a lot of danger there. AI also depends on our maturity as the consumer in order for it to be successful. We can't expect it to just miraculously change things overnight. While it's learning and growing, it's still is in its early stages, and we have to learn to adapt and change how we interact with it in order to make sure that we are leveraging it as effectively as possible. And then finally, AI has a lot of potential and we are slowly working our way towards achieving that potential. But it really is still in its early stages. And so that development is ongoing and we're continuing to push the boundaries of what it can achieve. So I'm going to turn it over now to Shipra to talk to us about what can happen if we don't bridge the gap between these high grand expectations for AI and the current realities. So here you go. Thanks, Anna. Am I audible? Is it working? Yes, I think. Thank you. Project. Thanks. So what happens when we don't bridge the gap between the great expectations and reality of AI? So it's a double its word in the realm of user experience which is capable of elevating our experiences and also bringing them down if they are ignored or not used properly. So let's try and understand this with an example from the world of healthcare where AI is thought to be a game changer in terms of radiology assistance. It's totally made to be for the use of radiology practitioners for them, getting them through the diagnosis faster and much more quicker and more accurately. But what happens if this is not made for use? Let's look at what it can do when it comes to creating some unintended outcomes. First up is misuse. Now some practitioners might use this technology, over rely on it and neglect their own responsibilities which leads to misdiagnosis and patient harm. In other cases, it might be the other way around where the true potential of AI is undertapped and because of some complex interfaces which leads to the disuse where it is not fully used to its potential. And there is another case which is a little bit scarier. What if patients also have access to these technologies where they can self-diagnose? That's where abuse comes into picture where they would think that AI has made them the ultimate radiologists and just go around needlessly puncture the healthcare system asking for support and help. This is how sometimes it can lead to some unintended outcomes which we never thought would come into the picture. We all must have experienced the last one where sometimes we go to Google and it always ends up, we always end up getting cancer for a normal cough and cold. You can imagine the intensity of it when it is with AI. Let's see what is going on. What does one do in this situation? That's where we, UX professionals come into picture. We want to ensure that people don't feel, you know, they don't feel afraid of AI in some terms, see it as a work threat or a potential, you know, potential threat that seals their job. So we want to make sure that they see AI more as a friend that gets them through the work done quickly through the mundane tasks and they can be superheroes while managing other things. So we, as UX professionals, recognize that there is a human at the center of each experience and with human being at the center, we not only recognize this truth, but also try to amplify it in our research and design processes highlighting the human journey and their perspective. It's clearly not here to be too much of a person, you know, at selling papers, you know, not stealing your job at all. So that brings us to the concept of human-centered AI. And human-centered AI is a lot of things, but we will talk about it, what it means in nutshell. So it is more, it goes beyond the boundaries of ethical and responsible AI, where it is just here to create experiences for humans, taking their capabilities, their experiences, their thought process into mind. So we as a research team at ServiceNow, we have broken it down into six common elements that our team thinks come up repeatedly in our research and are critical to our users who try to interact with AI on a daily basis. So first up is explainability. So providing enough onboarding and training to our users while they are onboarding onto a new system, AI system, is what it means. And it can be done through FAQs or some sections, you know, some learn more sections. The next up is transparency, where we want to ensure that people know where this is, the AI is generating solutions from, where it is creating data from. So it can be just a word saying, you know, just a sentence saying that, okay, this is generated by open AI or LLM models. So then we have control. We always want that our users feel in control and not AI. So taking an example from the email response that Anna mentioned, so what if this is through AI and AI, you want to use it when you're replying to your boss versus you don't want to use it when you're just having a chat with your colleague. So that's the difference of control. You get to choose when you choose AI to be there or not to be there. Then the next one is human oversight. It's combining AI's power with human expertise to have the process of review and approval. It's just like, you know, you have one email generated by AI, but you want it to be reviewed before it goes to the next level. It's as simple as that. And then we have finally the power of feedback. You need to tell AI what it is doing wrong, where it is going wrong, or whether it's accurate or appropriate in your situation or not. So that's feedback for you. And finally, setting up some guardrails, some boundaries to let AI work, I mean, to set those boundaries so that AI has the power to, you know, inconstricted boundaries. So for example, if you have emails, you can always make sure that there are no basically foul language used in it. So we can make sure at our level that AI is tuned to do that. So these are the six elements at a glance. And now there is one thread that connects them all. So let's see what it is. Trust. So trust is truly the center or the one pivot that connects all these six elements. Trust is truly the foundation that creates great experiences for our users. And our research has constantly shown that how trust, people trust over time and sometimes gradually they start building trust over AI technologies. So we need to make sure that we create experiences that enhance the trust. And rightly put together by our CEO, you all would agree to this point, right? Whether it's case of AI or without AI, this stands still correct. And it is more than relevant in the case of generative AI. Although there are different ways of earning trust, but this is something that is integral. And that brings us to this point where, as UX professionals, it is on us how to balance AI and our experiences. It is our responsibility to find out ways where we can, you know, balance this critical role between the great expectations and reality of AI. And so there are some few things that you could do when AI comes to your product. So it's not about stifling innovation, but guiding it wisely and responsibly. First thing up is set realistic expectations with your users. Tell them, you know, assume that they know they are uncertain at all times. Have onboarding experiences to guide, with inguided help so that they feel easy to navigate through the systems. Then we have human, as, ensure that human has control at all times. They should, you know, and at those times, AI should take a backseat always. And finally, build trust and confidence in users. And that could be, this is something really crucial, and that could mean sometimes you want to slow down a bit to avoid the idea of over reliance so that they don't over rely on it. And something adding on a friction sometimes can be really helpful in this case. So ultimately, it's all about building innovative, you know, guiding it innovation through responsibly. What are you going to do when AI arrives at your doorstep? Thank you. I think we have a couple minutes if anybody has questions. We have one over here. Hi. Obviously, we keep on talking about finding the right balance between the AI and the experience that, as human, we are providing. But what do you think is the right way of finding that right balance? Because there's a lot of data available out there. Most of this is driven by AI. So you think that the bias could be one of the things which can come into the picture when we started relying on our instincts instead trusting the AI? Yeah. I think that's a great question. And I think it really comes back to this idea of human-centered AI. Right? How do we position the human at the center of that AI experience and not allow the AI to override that? Even if there are these opportunities, we want the human that's interacting with it to be able to be in control, to know what's going on, those six principles. And if we lean on those, that should help us not over rely. And we can even add things into those experiences like friction to say, hey, check this work. This was generated by AI. You should make sure that it meets your expectations. So really bringing that human back into the entire experience. Yeah, that's what I'm asking. When we want to go back to human for checking the data that we are getting, so will there a bias? We'll come into the picture because most of our information or our knowledge also comes from the same source of information, right? Yes. Yeah, so I see what you're saying. So you're thinking about the bias of the human that's interacting or those of us who are designing? Mostly evaluating. Sorry, say that again? Mostly evaluating the people who are evaluating the data that we are getting from AI. Yeah, well, so I think it's about allowing them to have that control, right? And depending on how that data is being leveraged, right? It could be data from usage, it could be data from, you know, in service now we think about like doing a lot of summarization and things like, you know, predictive text, things like that. And so the data might be coming separately from the person that's interacting with the data, right? And leveraging that data. And so it's really about making sure your models are trained in a way that makes the most sense. But then also still allowing for, you know, the people that are using that interaction to take control back and use it in the way that makes the most sense for them. Yeah, makes sense. Thank you, I appreciate it. Got one in the back there. Hello. Here, here. Oh, over here. Sorry. Yeah, so see, we are talking about human standard AI, right? If we put a lot of restriction on that whole technology, are we going to leverage the full potential of it? Because I have thought in that. Yeah, can you speak? See, we are talking about human standard AI, right? And we are putting a lot of restriction over it, right? That it will be, we will have a lot of check and balances for that, right? So if we'll put a lot of restriction, are we going to leverage the full potential of AI in that case? So it's more about, you know, guiding it through this journey, right? So we know that it has a lot of potential, but we need to be careful because as we say, we should take small steps to it. I can imagine, you know, there are a lot of potential possible with AI, but we need to take those small steps to get there. And putting those restrictions and boundaries is just because it can be just like cybersecurity, right? We put a lot of guardrails or set up those pointers so that it is not, we are not abused, we don't abuse the system, our system doesn't abuse us back. It's the same with AI. So if you take this analogy in place, you wouldn't realize that you know how the setting up of these boundaries is really important and crucial while we move ahead in this journey, and especially when we are just starting off. So hope that answers your question. Thank you so much for your talk. We just have a small momentum for you. Just wait up on stage. Okay, one second. One last question today then. Hello. Hey, Shuprana, a brilliant presentation. Thank you for sharing your thoughts. The key essence of your talk was that trust is the central focal point and everything is around that, right? So how do you make sure that there are some checks and balances in whatever you create so that this is not compromised for? Would like to hear your thoughts on that. So you're talking in terms of design, right? How do we check with design or in general about the entire system? How is it designed? It's about the user getting the experience and them getting trustworthy experience. How do you do that? Okay, so I'll answer it from from our perspective. Like as researchers we do a lot of research in terms of how how do people react with when they see hallucinations in their system? How do you know they take it? Does it pull them back when it comes to trusting AI or whether it you know is still okay with them to have one or three you know these sort of hallucinations happening in their in their work. So this is one one checkpoint for us that gives us back the feedback on what they actually think, what goes into their minds and it depends on different personas. Like the example that I shared was critical because it is related to healthcare. There you cannot afford one even single mistake but the personas are different like for an agent it would be a different experience. The checks and balances would be different for them. So it's totally depends on it again depends on personas and what what is critical for them. For them it is critical to have dates or maybe the case number in place. If AI hallucinates that they would totally lose trust on that. So those are some of the check pointers that we have from the research perspective and there are some from the design perspective too. Thank you.


In this presentation, we will be taking a look at the Allowance Method for Accounts Receivable focusing in on the calculation of the Allowance for Doubtful Accounts. There are two methods that can be used in order to calculate the Allowance for Doubtful Accounts account. One being the percentage of accounts receivable, the other is the percentage of sales. We will take a look at them both and look at the pros and cons of them. First, we're going to look at the accounts receivable method. We're going to start off with the percentage of accounts receivable method for a few different reasons. One, it's the one that's most often tested and two, it's the one that may be most often used in practice, often making the most sense to people that are looking at the two methods. It's also a bit more complicated, so when we're looking at test questions, they typically would focus on this method in order to have a bit more complicated process to do the calculation. It's important to note, however, that there is another method and that's going to be the revenue method or the percentage of sales method. We want to be able to compare and contrast those two. We can ask a lot of theory type questions in terms of what are the pros and cons between the two methods and there are pros and cons between the two methods. Remember that the overall goal here is to say, this is our accounts receivable account. We are recognizing that there's going to be a significant amount of these receivables that will not be collectible. Therefore, we need to tell our reader that. We need to tell our reader that for two different reasons, one being a timing issue, which is going to be on the income statement, and the other being a balance sheet issue, a point in time issue, which is the balance sheet. On the balance sheet side, which is where the accounts receivable method will be focused, we have this receivable, this asset on the books showing that people owe us this amount of money. We're telling people to read our financial statements, hey look, we're going to get this much money and therefore make decisions based on the money we're going to receive on these financial statements. However, we know that we're not going to get some of it. It's our responsibility then to show our reader, hey look, based on past experience, we believe that this amount is not going to be collectible. That's going to be one objective of the method here, either method, is to show the allowance for doubtful accounts, which will match up against the accounts receivable, the accounts receivable being a debit here, the allowance being a credit, the difference between the two, the net receivable, the amount that we actually believe that we will collect based on prior experience. That number then should be more accurate in terms of what our true assets are in the company. As we do this, we'll also be looking at the income statement side and writing off the bad debt related to the revenue. This is the part that's a bit more confusing when using the accounts receivable method, us then focusing in on the balance sheet, focusing in here on what we think is uncollectible. The byproduct of that tends to be what the bad debt will be. But they're both important because the bad debt is going to be an expense related to revenue happened in the same time period that will be decreasing the net income for the amount of this revenue during this month, this year that we think is going to be uncollectible based on past history. This concept, the income statement concept makes more sense when we look at the revenue method, which we'll take a look at later, that method then focusing here on the bad debt and matching principle of the current time period whereas the allowance method tends to focus more on the balance sheet where we are at a certain point in time, how much of the current receivables are uncollectible. Under the balance sheet method there's a couple different ways we can do this, but what we need to do is just say how much of these receivables are not going to be collectible. One common way to do that is to look at something like an aging account and try to list out these receivables in terms of how old they are and then go through past experience and say the older accounts of course are less likely to be collectible and try to figure out some type of percentages that would be reasonable, that would be uncollectible based on past experience. So if we say that here's our total here, here's our total, we're going to break that out between 30, between 30 and 60, 60 and 90 and over 90 days that something is either current or still do within 30 and then 30 and 60 past due in 60 and 90 some type of breakout in terms of time frame that we believe these accounts are past due by and thereby not judging people based on who the customer is but just by how old the accounts are as to whether they'll be collectible or not. Notice we don't have any names here, we're just recording them in terms of how old they are. So if we take this and we say okay if we go through all these accounts and we were able to break this out and of course software can do this very easily for us give us an aging account we're going to say that either current or past due for 30 days we're going to say it's current I guess and then we're going to say between 30 and 60 this is how much of this amount this one million one forty six three belongs here 60 to 90 we're saying is this amount of here of the accounts receivable falls into the 60 and 90 range and then over 90 days past due we're going to say it's the 22 926 point being is that we broke this out if we add up the 917 40 the 171 945 and the 34 389 and the 22 926 we get to the total 1 million 146 300 broken out in terms of how old this debt is then we're going to come up with some type of reasonable estimates based on how old the debt is to calculate how much will be uncollectible so if this is current or if this is 30 days past due we're going to say that 2% of it we think it's going to be uncollectible if it's current then we're saying not very much of it will be uncollectible we're hopeful that we're going to collect most of it so we're going to say that of that the 917 40 times 2% is 18341 between the 60 and 90 how old that the aging is we're going to say well these are a bit older and therefore we're going to say that 4% is not collectible because we haven't been able to collect it yet or past the collecting date due date and therefore we're going to say that 6878 is going to be not collectible and again you could ask well where do we get this 2% this 4% it's an estimate we have to come up with some reasonable estimate based on past experience and or industry standards and then we're going to say of the 34,389 10% is uncollectible based on past experience industry standards though so this times that equals to 3,439 and over 90 we're going to say is very unlikely we're going to collect it and so if we take the 229 26 times the 95 we get the 217 80 and you might be saying word of you know these you can question these percentages or whatnot but they would be based on industry standards past experience they should be reasonable in accordance with the industry based on past research if we then add these up 18341 the 6,878 the 3,439 and the 217 80 we get to the 50,437 this number then is what we believe of this number receivables people only us money will not be collectible we don't know who no names here we just know that we believe that much will be uncollectible it's a complete estimate and this is kind of disturbing to some people they say well it's just an estimate and we don't really know there's no certainty however it's more reasonable to do this we this is obviously a very significant number on the receivables we need to tell our reader that people owe us money because that's important to decision-making and we can't wait until people don't pay us that would be unfair to readers of the financial statements because we wouldn't be matching it up at the proper time period we'd be overstating the receivable so although this is an estimate it's much more fair representation as long as the estimate is fair then either not recording receivables or not recording how much we believe is going to be uncollectible so we have to come up with some type of reasonable estimate in order to make them as fair as possible now note that under this method there's already something there in the in the allowance account so we can't just use this number to make our journal entry we have to determine what we need to do in order to make this account that number we want to make this number that number so we can't just use what we came up to here that's a common error on test questions to use this number in the journal entry we have to do a subtraction problem why is there something here already because it was just an estimate from last time period and it's never going to be exact it's just an estimate so we're just updating what this allowance account should be based on our our best guess we think it should be that therefore the adjusting entry if we take out the trusty calculator it's going to be the fifty thousand four thirty seven minus the fifteen three hundred that's how much it needs to be increased by now it's possible for this account before we start to actually have a debit balance and why would that happen that would mean that in the prior time period we estimated that we had so much that would be uncollectible and more happened to be uncollectible then we had estimated flipping this account to a debit balance that doesn't happen too often but if it does and we need to get to this fifty thousand and this was a debit then we would have to credit it by something to get it back to zero and then add another fifty thousand to it in the credit direction in other words if this say was a debit balance of fifteen thousand three hundred we'd have to take the fifteen thousand three hundred plus the fifty thousand four thirty seven to get it to the credit balance of fifty thousand four thirty seven if this is a credit balance then that means that we had less people that would actually be uncollectible in the prior time period than we had estimated probably the normal case that being the normal case and therefore we have to do a safe traction problem in order to get this up to fifty thousand we need to increase this in the credit direction so if we record the journal entry then we're going to record the bad debt expense a debit here and we're going to record the credit of that thirty five thousand three seventy eight here we see that recorded out then we see that the thirty five three seventy eight and that amount is going to be on the allowance account bringing the fifteen thousand three hundred up by the thirty five three thirty five one seventy eight two fifty thousand four thirty seven that then on the trial balance on the bad debt we bring the balance up it started actually it started at zero here should have started at zero up by the thirty five one thirty seven to the thirty five one thirty seven that amount here now note what's happening here is we are recording on the revenue side the expense bringing down net income so this is the point in time that we bring down net income and this thirty five one thirty seven should be matching up to this revenue account it's less intuitive here to know that that's the case but by us making the accounts receivable correct in terms of the allowance account then the other side of it should be matching up the revenue and bad debt this will be more apparent when we focus on this side and focus less on the balance sheet in the sales method on the balance sheet side under the allowance method it seems very straightforward and very useful the balance sheet being as correct as possible by us looking at the receivable analyzing the receivable in a logical way determining how much of the receivables that are due to us will not be collectible fifty thousand four thirty seven and then showing that on the financial statements so the reader could say okay this is how much is owed to the company this is how much they believe is not going to be collectible based on a reasonable estimate of this number and therefore the net of those two is how much we are going to collect this makes good sense under the receivable method this side is more confusing under the receivable method because we're not focusing here so now we'll look at the other method which is going to be the percentage of sales method and we're just going to focus then on the receivable side again not showing as often because one it's an easier method so therefore textbooks don't focus on it to a lot of people probably intuitively look more on the balance sheet here and have the income statement kind of fall out they kind of say if I if I make the balance sheet right I make the receivable in the allowance method right then the the income statement will fall out and it'll it'll make itself work and whatever problems will happen will then roll out into the equity section after we close out the temporary accounts and will be good going forward so probably most people focus more on on making the balance sheet correct but this is going to be a valid method to the sales method and it focuses more on the income statement showing the income statement analyzing the income statement accounts and making sure the bad debt is right and letting the allowance side fall out and just be correct now one way to do it a simple way to do it would typically just be let's take a look at the revenue and take a look at a percentage of the revenue based on past experience that we believe is not going to be collectible now a lot of textbooks will basically say and in practice say we need to look at the revenue on account we need to look at those sales that we made not for cash sales but sales on account or the text might just say that we make all sales on account and therefore we can take the entire revenue amount so that's going to be a slight difference that you might see based on different textbooks or different situations in real life how would you want to do it in real life you probably want to look at those sales that are on account and then try to look at past history and see of the ones that were made on account meaning we didn't collect sale revenue at the time of the sale we collected it we're going to collect it in some other point therefore it's in receivables so how much of those sales that we make on account or we don't collect cash at the point of sale do we think are uncollectable based on past history and then if we say that it's 3% we're going to just take that number of the 378,000 times 3% 0.03 3% 0.03 gives us the 11,340 and that's it that's straightforward calculation and we're going to say that the bad debt then should be that number so the bad debt it's going to be the 11,340 and then the other side just falls out we're not focusing on the this side here the allowance we're just going to make it whatever it needs to be in order to make what we think our bad debt should be in order to have a correct matching principle for this time period so note here that we're focused on this number and we're really making net income as accurate as possible by focusing on this current revenue whereas when we focus on the accounts receivable we're really focusing on things everything that's happened up to this point in time where we stand at this point in time and therefore when we use the allowance the accounts receivable method we're kind of fixing possible errors that might have happened in the past and relooking at everything that's happened in the past to make receivables correct and this number then falling out on the income statement side we're focusing on this time period only and the side that falls out then will be the balance sheet side so this will give us more focus and it's easier to see in this method that we are indeed following the matching principle we are trying to look at this current revenue and see how much of that current revenue is not going to be collectible based on some type of reasonable estimate and therefore write off the bad debt not bad debt for sales made prior period prior month prior year but the sales that were made this year that's going to be the point and therefore net income for this time period we would think is as accurate as possible note however it still achieves the goal of making the allowance account what we think it should be it just falls out differently if we did this correctly throughout the entire period then the allowance account should fall out correctly and be correct as well meaning the accounts receivable what is owed to us minus an estimate what we think is uncollectible should still give us a reasonable estimate of what the net receivables should be if we look at a comparison between the percentage of accounts receivable and the percentage of sales method note that they're almost never going to be the same so we didn't make an example where they happen to come out the same here because it just doesn't happen typically so and here we have a different type of allowance account under the two methods and and it could be more it could be less just depending on what what time period we are using so in other words the allowance account here could be higher or lower under the accounts receivable method versus the sales method point being it'll typically be different and the bad debt same thing it'll typically be different under the two methods it could be higher it could be lower depending on what our focus is under the two methods so notice they are estimates these are both going to be estimates they're not going to be perfect and but they are better than not estimating they're better than waiting until this is going to be uncollectible and they're far better than not showing the accounts receivable at all because the readers tip real obviously want to know what the accounts receivable is how much is owed and they want some type of estimate of what is not going to be collectible also note that once we have a method here because we are using some type of estimating method we want to be consistent with that method so that we have comparison from time period to time period so if we're using a percentage of accounts receivable we typically want to use that next time period next month next year as well we're using a sales method we typically want to be consistent our goal here is to have a consistency is to have a matching principle that we can compare time period to time period going forward


As 2022 draws to a close, the management and staff at the Office of the Prime Minister take this opportunity to extend warm wishes to you and your family this holiday season. May you and your family have a safe and happy Christmas that is full of joyful memories. We hope you enjoy spending quality time with your loved ones this festive season. Let this holiday season be a time of reflection and a time to express love and care to your loved ones, neighbors and community. Let us reunite and get closer together with family and friends for truly wholesome Christmas and holiday season. Have a well-deserved rest this Christmas and let every day of this holiday season be filled with joy.


UK promoter rubbish is fake babes wajimo gig, suing the star and invite King Monica to perform. The organiser of an event local star babes wajimo was meant to perform at in the UK last month as told Chwissa L.I.V.E. that he is suing the star for not pitching, amidst claims the show was a scam. Endu Mysow Dlamini, also known as D.J.Kukwini, claims he had booked babes to perform at an event in Leicester, England, and Dublin, Ireland late last month. But the Wollalo star only showed up at the Ireland gig after hearing that her grandmother had died. According to D.J.Kukwini, the star did not even make it to England, after missing her connecting flight to Abu Dhabi. Both parties took to social media at the time to announce the show had been cancelled and apologized to concertgoers. However, the promoter has confirmed to Chwissa L.I.V.E. that he was filling a lawsuit against babes wajimo for breach of contract and defamation of character. I am taking legal action. They, babes and her team, actually owe me a lot but I've been advised not to say much by my legal team, he said, adding that he would do whatever it takes to clear his name and recover what he lost by refunding people for the show. While Noxillo has not been on screen as often as his lawyer Ryan Tucker told Chwissa L.I.V.E. that they were taking counsel to begin with action against the star, but could not comment on the amount they were seeking in damages from her. Babes manager Nandimiso Simelaine did not respond to several requests from Chwissa L.I.V.E. for comment, but told Daily Sun that they had gone to the venue in England where she claims they were told the venue had not been paid for. Traveling to the UK, we heard about our go-go's death. But because babes didn't want to disappoint people, we went to England. When we got to the venue, we were told it wasn't paid for. Mkukwini still owes us money for the gig, but we decided to let it go. Screenshots of an Instagram post, seemingly from Babes' page shortly after the fiasco, repeated the claims against the promoter. DJ Mkukwini's Facebook page also contains several posts from angry fans with similar claims and accusing him of misleading them so he could make off with their money. The promoter lapped off the suggestion but refused to go into details about the event's logistics. He said that any such claims against him were 100% lies. King Monata announced on E! News interview that he has been invited to perform in the UK.


guys welcome back to the independent investor channel everybody out there wants to own single stock but nobody wants to incur loss in this video i'm going to jump you into my dividend growth portfolio comprised of 100 stocks and i don't lose any sleep over this i've had this just over two and a half years it's performed wonderfully it's made me a ton of money it's scalable to the masses this is the best quality companies that i see anywhere in the world to invest in i use the power of m1 finance to bring together a collective suite of wonderful companies out there that have been tried and true over the decades to pay and increase their dividends this is a dividend growth strategy this is comprised of only single stock it is diversified in that there are 100 companies in this portfolio but i think you'll be most interested in understanding how defensive this is in the face of adversity and volatility in these markets that have really punished a lot of investors for being overexposed in certain segments of the market i think you're going to find that this strategy is most conducive to those investors out there that want to take a set it and forget it type of mentality i get paid 400 times per year on this portfolio with 400 dividend renderings for per quarter uh per holding in this portfolio it meets a very strict criteria of dividend payers split up across the 11 sectors of the s and p 500 so with that guys let's jump in and take a look at the performance of the dividend growth portfolio so i chronicle two m1 finance portfolios through the independent investor channel this is the second of those accounts this was started late in 2019 so the portfolio just about two and a half years old and this is deploying a strategy that i believe wholeheartedly in and i think a lot of investors can really relate with this strategy this is the dividend growth strategy this aims to invest in single stock of those companies that have been proven to pay a dividend this is a chuckered blocked full of representatives of the gems of the stock market the dow jones industrials some of the large cap dividend aristocrats kings and maybe even some achievers on this list of companies that have been growing their dividend have been known to pay a dividend for years past and even decades in some circumstances this is a portfolio that performs extremely well in volatile markets this portfolio i make available to those would be patrons that email me i can send you a link to this direct portfolio the framework is provided in the description below it's got 50 holdings whereas this particular dividend growth portfolio has 100 holdings i repeat it has 100 stocks in it it's done done quite well and from a relative perspective this has increased some incredible produce some incredible market gains and it's just crept over the thousand dollar dividend mark in just uh just a couple of years so when you talk about building wealth this is a fabulous way of doing it and you know of all the people out there that are trying to beat the market of all the people out there trying to find that next best thing that next best needle in a haystack this is no brainer investing these companies here you might not have a lot of wear with all on this portfolio is built by me the hard work has been done if you want the portfolio take a look at it if you wanted to just throw away or omit all hundred stocks and pick your own hundred stocks i think you'd be hard pressed to do so without some level of overlap because i've been investing my whole life and these companies are the best of greed they really are but the structure and framework in this portfolio is is to be noted here it's performed quite well it does render almost daily dividends with 100 stocks paying four times a year on an average which means i get 400 payments per year you say ryan man that's amazing you must work really really hard at this portfolio to render those 400 payments i do nothing and that's the beauty of putting your money to work you've heard about the concept of putting your money to work to work for you this is it and this is a wonderful way and and some of those dividends are a few bucks this is not huge with just 33 and a half thousand in this account i've built this up strategically over time but as the portfolio snowballs and it grows and those dividends flow into this portfolio it really starts to become a very sizable and notable investment philosophy and approach as the portfolio grows and it really starts to mature and pay larger dividends as the quarters go on and on and it doesn't take long and you guys can probably look at this and perhaps maybe a lot of investors would look at this and say i i want it now ryan well good luck with that good luck putting the level of risk on the table to render real results in the stock market you might be able to do it one or twice once or twice but to do it consistently is close to impossible this eliminates the need to try to time the market this eliminates the need to try to get lucky in the market i can say rest assured that investors will sell themselves out for the best chance of success into the future by taking on a strategy like i'm displaying to you now with him on finance then you'll ever have trying to time the market and try to find that next moonshot stock it just doesn't happen and the quicker that would be investors can get over that and seek out a diversified strategy using dividend growth like i'm just demonstrating to you here the better off you'll be and the better you'll sleep at night quite frankly because these companies have been known to produce extremely lucrative results for share owners over the decades that they've existed these companies have extremely wide modes their products that they provide are the best in their respective businesses and i've worked very hard to construct a portfolio using the framework here in front of you that i openly share now i have added real estate into this uh so i have uh rounded this out with all 11 of the sectors in the smp 500 so think about the the the sectors as kind of the construct or the framework of the portfolio and then the individual holdings within each of these sectors will represent the holding so i kick in here just a technology to show you what i mean technology here just has eight holdings okay but these are single stocks all of these pay a dividend all of these were the companies that i wanted to put into the technology slice which is going to have an emphasis on dividends and of course be representative in technology now that's just the technology slice so when we go into the holdings itself you're going to find here with all of the discussion about the volatility in the stock markets i haven't looked at this before i film the video so you're going to see what it is i'm working with here the largest position i have here is eight hundred and sixty nine dollars and that's with uh the dow component visa i've got a three dow components here and my top three holdings with mcdonald's am jen and visa so these are best of breed then you kind of go down the list here and you can see how if you were to try to pick and choose these you may get lucky and you may pick uh you know one of these ones here like broadcom that's up 14 percent what what what do you do now you're still not diversified and you're not diversified of the course of holding this to render this 14 percent i would rather just take a small amount render that 13 percent and and and have enough capital to really spread my money out and earn the opportunity to earn um or really holistic growth over the portfolio by owning more holdings i don't care if i own one holding in a portfolio that performs at a 10 or 20 clip or if i own 100 holdings that earn a 10 or 20 clip the mathematics are such that the renderings are the same it's just in the latter portfolio i get to enjoy diversification and we can understand that no two stocks are going to perform the same i mean i've got some stocks here wonderful stocks like sisco i own 14 shares of it in this portfolio that's off significantly 15 and a half percent that happens but if you chose this in a single stock portfolio well then those renderings would be down in and of itself 15 percent whereas in this portfolio i've got buffers in the portfolio from utilities of 15 percent these two holdings kind of offset each other and it's the very definition of the diversified and defensive posture in this that i look to to share with you guys look at this up over 100 percent here you might get lucky here you might invest your entire portfolio into valero we might have a shift in sentiment with oil we may have policy changes come down the pike which drives prices back down again we may have supply and and and demand types of initiatives that really flow a lot of supply on to the market which has been indicative just three short years ago but for the for the short term i'll take gains like this conico philips here one of my best performers up 152 percent i i would have never been able to forecast that these companies would have performed or outperformed the market at such an amazing clip without just putting a strategic shot in it in energy identifying that these two companies both are best in their respective businesses and they've done quite well they've benefited from the sector shift to energy here as gas prices have increased at the pump so you know where we're fine home depot here down off 4 percent i don't mind owning it in this portfolio intel down 26 percent another name that i just do not mind owning as new fundings flow into this account i'll continue to fund these lower held these ones that are down the most the funds will come in there and will benefit from it i would have never called this in cbs never up 22 and a half percent here over the course of owning this portfolio disney look at that down 4 percent just incredibly terrible performance in disney disney will have better days we will look at this at some point in the future and the company will be back in the positive that i can that i can promise you because i'm not panicking out of this if i had put my entire portfolio into disney at the time that disney plus came out and everybody was so bullish on it i would be down 40 percent of my dollars and for new investors you can really sit back and say wow this this is interesting the way that ryan buffers the portfolio he's able to gain some appreciation in some of those areas of the market and he doesn't allow a lot of leaks in the portfolio or areas where profits can avoid benefiting me now this is during volatile markets guys the the markets have really sold off and you'll find that a lot of these good quality companies here it's just going to take time to come back and really complement this bottom line i think in conducive markets i'm going to be doing a review on these portfolios and sharing a different story here we'll look at linds they're up 14 percent great toronto dominion the canadian banks here i've got a good sparkling the canadian banks in here pepsi of course just old iron side doing great here there's murderers row here starbucks everybody was bullish on starbucks and i am too but even good companies go through phases of consolidation and starbucks is going through that right right now and the further it goes down the more of a buy it is and the more i can rely on the technology with m1 finance to continue to accumulate shares for me on these companies so i'm going to try to cruise through here just give you an indication summer red summer green and that is part of investing i'm one of those investors that come on and i will suggest to expect this type of performance if you're going to put your dollars to risk in the stock market sometimes it goes up sometimes it goes down and over the long term we're hoping for you know a rate of return that is going to allow us to grow wealth over the portfolio as a whole this is how you invest this is great one of my new holdings here with cold storage a real estate reet what the largest actually in the world for cold storage critical piece of our trade and business that is this set very necessary in our shipping and logistics chain exxon mobile here up nicely so as we cruise toward the bottom here you can kind of see how you know the offset of some of the performing sectors has done quite well and then to augment some of those areas of the portfolio look at that i got murderers row here at the bottom in financials really that have really rolled off here as of late and volatile markets but that gives you a nice indication of how the portfolio has performed even in volatile markets here off 20 percent in the markets we're holding in there anybody out there can have the tolerance to understand the how the portfolio even performs in good markets and what to expect in poor markets again the portfolio is provided for you guys in the description below the independent investor channel is affiliated with M1 finance that means i can receive a small compensation for providing information and tutorials like this where i take you in and i show you this is my specific account this is very very real and i can provide you an introduction to M1 finance and the aesthetics that exist there in and what you can expect for yourself as we look to duplicate and scale efforts on how to enter into the stock market using the dividend growth strategy diversification and passive investing to your benefit to gain wealth for you so with that guys we'll conclude the video all right guys so we've come out of the dividend growth portfolio hope you've enjoyed this this is a cool way of investing i don't see really a lot of people investing this way which is ironic because this way of investing is a way of investing that everyone can participate in everyone doesn't matter what your experience level is hell i've already done the work for you the portfolio is completed if you don't like any of my holdings you can get rid of all of them use the framework put whatever hundred stocks you want in there or 50 or 25 or whatever suits your investing need but i think the importance of understanding that there is no cost to this way of investing this portfolio cost zero in maintenance fees it requires zero management over the portfolio i've owned this for two and a half years i've done very very little to it if anything except for allow my money to work for itself and you hear all the time about the importance of setting your money up to work for you i've just provided you a tutorial on doing just that guys leave your comments at the bottom of the video subscribe to the mess if you enjoy basic investing 101 types of philosophies like i roll out on the channel my message is applicable to the masses i'm not looking to cater to one specific group or the other if you want to make money in the stock market come to the independent investor channel everything else is uncivilized guys thank you so much for tuning into this m1 dividend growth portfolio tutorial and good luck in your investment future


Hi and welcome to the session let's work out the following question. The question says the line segment joining the points 3 minus 4 and 1 2 is trisected at the points p and q. If the coordinates of p and q are p 2 and 5 by 3 q respectively find the values of p and q. Let us start with a solution to this question. So let the coordinate of point a be 3 minus 4 b b 1 2 p is given to be small p 2 and q 5 by 3 q. So this is the line we have a p q and b are the points on this line. Since p and q are given to be trisecting a b therefore we have a p is equal to p q is equal to q b is equal to 1 by 3 a b or we have a p is equal to 1 by 3 a b this we call 1 and we have b q is equal to 1 by 3 a b we call this 2 but by the distance formula we say that a b is the distance between the point a and b and that is equal to square root of 1 minus 3 the whole square plus 2 minus minus 4 the whole square that is equal to square root of minus 2 the whole square plus 2 plus 4 the whole square that is equal to square root of now square of minus 2 is 4 plus square of 6 is 36 that is equal to square root of 40. Now a p that is distance between the point a and p will be equal to square root of p minus 3 the whole square plus minus 2 minus minus 4 the whole square that is equal to square root of p minus 3 the whole square plus minus 2 plus 4 the whole square that is equal to square root of p minus 3 the whole square plus 2 square that is equal to square root of p minus 3 the whole square plus 4 or we can say that AP is equal to square root of p minus 3 the whole square plus 4 and similarly VQ is equal to square root of 5 by 3 minus 1 the whole square plus Q minus 2 the whole square that is equal to square root of 5 minus 3 divided by 3 the whole square plus Q minus 2 the whole square this is equal to square root of 2 by 3 the whole square plus Q minus 2 the whole square and that is equal to square root of 4 by 9 plus Q minus 2 the whole square now putting the values of AB, AP and QB in 1 and 2 that is this equation and this equation we get square root of p minus 3 the whole square plus 4 is equal to 1 by 3 into square root of 40 on square in both the sides we get p minus 3 the whole square plus 4 is equal to 1 by 9 into 40 or we can say that p minus 3 the whole square is equal to 40 divided by 9 minus 4 now this implies that p minus 3 the whole square is equal to 40 minus 36 divided by 9 this further implies that p minus 3 the whole square is equal to 4 divided by 9 or we can say that p minus 3 is equal to plus minus square root of 4 by 9 that is equal to plus minus 2 by 3 now we have either p is equal to 2 by 3 plus 3 or p is equal to minus 2 by 3 plus 3 now this will imply that p is equal to 2 plus 9 divided by 3 and this implies that p is equal to minus 2 plus 9 the whole divided by 3 now from this one we have p is equal to 11 by 3 and from here we have p is equal to 7 by 3 therefore p is equal to 11 by 3 or 7 by 3 also we have square root of 4 by 9 plus q minus 2 the whole square is equal to 1 by 3 into square root of 40 now squaring both the sides we get 4 by 9 plus q minus 2 the whole square is equal to 40 divided by 9 now this further implies that q minus 2 the whole square is equal to 40 by 9 minus 4 by 9 that is equal to 36 divided by 9 now taking square root on both the sides we get q minus 2 is equal to plus minus square root of 36 by 9 that is equal to plus minus now 36 is the square of 6 and 9 is square of 3 so we have plus minus 6 by 3 and this further simplifies to plus minus 2 now we have q is equal to 2 plus 2 or q is equal to minus 2 plus 2 now in this case we have q is equal to 4 or we have q is equal to 0 therefore our answer to this question is p is equal to 11 by 3 or 7 by 3 and q is equal to 4 or 0 so this is our answer to this question I hope that you understood the solution and enjoyed the session have a good day.


Ahead of the general elections coming up on February 25 and March 11, leaders of 14 political parties in Bios' state have committed themselves to a peace accord to obey INEC guidelines and also promote peaceful pose across the state. They were made to take an oath on behalf of themselves and candidates of their parties, before heads of security agencies, traditional rulers, INEC and other stakeholders in Yenugua, the state's capital. The Independent National Electoral Commission, INEC wants them to also sensitize their supporters on the need for peaceful elections in the state. Your presence here today to participate in the exercise should not be seen as a mere window dressing in order to fulfill all righteousness. There should be a clear message to your supporters to also align with the objectives of their accord. It is also to sign is also a sign of commitment to take responsibility as situation demands. So my prayer and wish is you will as much as possible try and follow the guidelines by INEC and the guidelines by the constitution of Nigeria and ensure that you keep up to the terms of this accord. No violence, no violence whatsoever. Without leaders, it's what we tell our followers they do. Please, please, please. Let us not instigate violence. It's a plea that I'm making. In my experience for the 15 months I've been here, I see my staff as peaceful. The chairman of some of the political parties also spoke to a journalist and stressed the need for punitive measures against offenders. And I want to call on all politicians to abide by this peace accord, our just side. I wish you'll enjoy our supporters, our party faithfuls to campaign peacefully and do the election peacefully so that at the end of the day that we will have a credible and transparent election. That PDPSC parties we have been peaceful. We always advise all other parties to emulate what we have been doing over the years because we conduct ourselves, tell our supporters to go peacefully to the polling booths, cast their votes, stay and defend it. That is all we have been doing. So we have never been associated with any violence in terms of election in these states, which the INEC and all other institutions can attest to that. 2019 in government election, a particular local government before the election where we are shooting and killing and even before then we signed a similar thing like this peace accord. But nothing is being done. And here again we are signing on that peace accord again. This sign of peace accord, is it for formality? Both of our names, this peace accord. What are the finalities? Nothing of choice has been mentioned in regards to this peace accord. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.