Abel Motsomi

A #financial #inclusion observer, aspiring data scientist of note, global commentator. Using data to enhance human capabilities - pro financial inclusion.

[EDDIE CHENG @ecomEddie]

I just read about a phenomenon I can't stop thinking about…

The Cobra Effect:

"The road to hell is paved with good intentions."

This is the essence of the Cobra Effect.

It emphasizes how intended actions can lead to unintended consequences.

In the late 19th century, the British government learned that firsthand.

Let me explain:

The Cobra Effect originates from British colonial rule in India.

With the rising number of cobras in Delhi, the British government created an incentive.

It offered a bountiful reward for every dead cobra brought to authorities.

But that didn't work exactly as planned...

People started breeding venomous cobras for the reward.

And it didn't take long for the government to find out.

• They scrapped the reward
• The cobra population increased
• Breeders released their snakes into the wild

You might call it chaos.

I call it a valuable lesson.

The British government lacked foresight.

It didn't consider all possible outcomes for its actions.

Downfalls include:

• Failed monitoring
• Underestimating reactions to incentives
• Scrapping the reward rather than adjusting it

So, how can we learn from this?

The Cobra Effect is a reminder to:

• Use critical thinking
• Consider long-term consequences
• Anticipate the adverse effects of your actions

This goes for:

• Business
• Relationships
• Life in general

Those who consider consequences not only survive.

They thrive.

If you got something from this...

1. Follow @ecomEddie for more
2. Repost this

[FinMark Trust @Finmarktrust]

#FinScopeSA MSME 2023 training workshop in preparation for fieldwork is underway. A well-trained field team is the difference between good data and bad data. We specialise in #FinancialInclusion #data for effective #dataled decision making.
@Abilitym2 @Zwidekalanga in attendance.

[Cardio Arena @CadioArena]

Reduce Belly Fat At Home, 10 Minutes A Day...

[Santiago @svpino]

Kaggle has top-notch courses, and most people have never heard about them.

I love them for two reasons:

First, they are ideal for someone wanting to learn something from the beginning. Courses don't assume much and will teach you from scratch.

And second, they all take only a few hours. This means you can try something new without a huge commitment. These courses are like an appetizer: their goal is to get you hungry for the entreé.

The downside, of course, is that you'll need a bit more. If you are looking for "The Ultimate Course," look elsewhere. If you are okay starting with a small bite, look at these.

All of their courses are related to programming and data science. Here are my five favorites:

1. Intro to Machine Machine Learning
2. Intermediate Machine Learning
3. Data Cleaning
4. Data Visualization
5. Feature Engineering

To find these courses, you can go to Kaggle's site and find the Learn section. I don't link to it, because Twitter doesn't like links.

Hope they help!

[Kgethi Phakeng, PhD(Wits); Hon DSc (UBristol) @FabAcademic]

We’re right at the end exams, so I went to the library at 10pm last night and found my students grinding hard, so I gave them @BarOne_SA chocolates to eat when they take a break. I didn’t expect to find so many students in the library on a Sunday night, so I ran out of chocs🙈

[Abel Motsomi @Abilitym2]

@AnalyticsLaduma H

[HOW THINGS WORK @HowThingsWork_]

8 best acupressure points to treat body pains & aches

[HOW THINGS WORK @HowThingsWork_]

How to improve your range of clothing (Suits)

[HOW THINGS WORK @HowThingsWork_]

8 pack abs and chest workout routine https://t.co/yLYqWcDZpg

[Yasmin Bin-Humam @HumamYasmin]

Women are not homogenous, and are therefore not uniformly affected by norms points out Ankita Singh during this morning's @FinEquityGlobal webinar. An important reminder!

[Dr Ariel Henry @DrArielHenry]

J’ai l’honneur d’ouvrir ce matin le forum de l’entrepreneurship-Finscope #MPME de la #BRH autour du thème: « l’enquête FinScope MPME, #Haïti 2022: Vers une relance économique plus résiliente. »

[BRHHaiti @BRHHaiti]

Forum des Entrepreneurs : Vers une relance économique plus résiliente ! Jour 1 https://t.co/KLgx8jJ8xj

[International Journal of Financial Studies @IJFS_MDPI]

The new Special Issue "Digital Financial Inclusion" is open for your submission now. We are very pleased to have Dr. Chamboko as the Guest Editor.

More information, welcome to visit: https://t.co/8femhYY8Rn

[McKinsey & Company @McKinsey]

When #change is the only constant, a mindset shift can keep you grounded. @aprilrinne on her new book, Flux: 8 Superpowers for Thriving in Constant Change, and how #adaptability lays the groundwork for success in an uncertain world: https://t.co/fQEhtvCaPg #McKAuthorTalks

[World Bank Poverty @WBG_Poverty]

Bangladesh’s success comprises many moving parts—from investing in #HumanCapital to establishing macroeconomic stability.

As the country is now setting the stage for further economic growth and job creation, here’s how #IDAworks: https://t.co/W23eAFB13s

[The SEEP Network @TheSEEPNetwork]

CONSULTANT OPPORTUNITY: @G_Communities is looking for a consultant to adapt training guides to form #savingsgroups for Adolescent Girls and Young Women (AGYW) in #Botswana. Is this your domain? Apply here 👉🏽 https://t.co/JdlDYney2L

[World Bank Africa @WorldBankAfrica]

We are now taking applications for the 2022 World Bank Group-@WorldBankAfrica Fellowship Program for PhD candidates or graduates from #Africa.

Women are especially encouraged to apply. Don’t delay; the deadline is August 23. https://t.co/LkfcpGbBrc #WBGFellows

[FinMark Trust @Finmarktrust]

To support MSMEs in South Africa it is vital to know what they need to grow their prosperity & that of their community & country as a whole. Join us for an exploratory discussion on the insights from the most recent #FinScope #MSME #SouthAfrica. Register https://t.co/OpknDArhks