DBS: Taking machine learning for a spin
DBS asked Euromoney to join the machine-learning training it gives to thousands of its employees, which includes how to programme your own autonomous racing car. It’s all about getting staff to understand one another.
Euromoney is teaching a virtual car to go around a virtual racetrack, instructed by a team of distant data scientists on a Zoom call. And despite all these removals from reality, we’re addicted.
After four hours of training and experimentation, Euromoney has succeeded in getting our car – WrightRacer1, because we have a bit of an ego problem – to get around the track in half a minute. Our teacher, Ray, is politely approving, though it turns out his lap record is under eight seconds.
The reason we are doing this is to understand the methods DBS Bank uses to instil a culture of technology and disruption all the way through its business. It speaks to a question we put to chief executive Piyush Gupta some time ago: that it’s all well and good to be a chief executive with a vision for digital disruption, but how do you communicate that vision all the way through your workforce?
One of the ways the bank does it is this AWS DeepRacer course, developed by Amazon Web Services. The premise is simple: you are given a car and a simple racetrack, and a series of variables you can control to improve the speed and accuracy with which it navigates that track.