All posts filed under: Interviews

Self-fulfilling prophecies: What causes a bank to fail?

We talk about self-fulfilling prophecies when something we have predicted comes true as a result of our conscious and unconscious actions. Jack Bryson, [a doctoral student and] university assistant in the Ada Lovelace Program, is using modeling and simulations to find out which social science phenomena can cause banks to fail. Written by Romy Müller for the University of Klagenfurt. Illustration created using Adobe Firefly (generative AI) by Christian Bettstetter. We encounter self-fulfilling prophecies in various areas: If a teacher believes in a particular pupil, she may unconsciously pay more attention to them, which can ultimately lead to better performance. Jack Bryson, university assistant at the Management Control and Strategic Management Unit, is investigating self-fulfilling prophecies in the banking sector. For this purpose, he asks himself: What can cause a bank to fail? “The advantage of working with modeling and simulations is that we don’t have to wait for a calamity to occur before we can investigate it empirically. We can safely simulate a reality and then test what happens when we apply different variables,” …

Teams of robots that don’t run out of energy

Let’s imagine a large region affected by an earthquake that needs to be combed for missing persons. Because buildings remain at risk of collapsing, this is a task that is particularly well-suited to robots. Micha Sende addressed this kind of scenario in his doctoral thesis. Written by Romy Müller for the University of Klagenfurt. Feature photo by Romy Müller. “What is special about this is that all the robots have the same role, in other words, no-one acts as coordinator,” Micha Sende explains. His research focuses on energy autonomy, asking questions such as: How much energy do I have left? How much energy do I still need to complete a specific task? How long can I continue to work, and when do I need to recharge? Which charging station should I head for, and which one is free at the moment? When asked what makes this task rather complex, Micha Sende answers: “A robotic lawnmower or a robotic vacuum cleaner have a comparatively easy job. They know the territory and they usually work alone, not …

Packages delivered by air: Drones as delivery service

What has travelled by road to reach us until now could be delivered by drones in the future. This has many advantages: Poor rural transport infrastructure or persistent congestion in large cities can be bypassed. In 2013, Amazon was among the first to announce the intention to deliver goods using small autonomous drones. But when might this technology truly become part of our daily lives? Drone researcher Pasquale Grippa provides some answers.