Artificial intelligence and machine learning are predicted to be part of the next industrial revolution and could help business and industry save billions of dollars by the next decade.
The tech giants Google, Facebook, Apple, IBM and others are applying artificial intelligence to all sorts of data.
Machine learning methods are being used in areas such as translating language almost in real time, and even to identify images of cats on the internet.
Some of the biggest names in the business are teaming up to secure the future of virtual reality.
Google, Sony, Oculus, Samsung, Acer and HTC have combined their efforts in order to create a healthy and equal industry for virtual reality hardware and software to develop and expand. The result is the Global Virtual Reality Association, a nonprofit organization dedicated to promoting the growth of the virtual reality industry by providing educational resources, connecting developers with necessary resources and much more.
“The organization will foster dialogue between public and private stakeholders in VR around the world and make education and training material available to the public. Working groups will be organized around important topics for the industry, enabling us to produce relevant research and guidance. We will also host and participate in international discussions on important topics in VR to shape the public discussion on the technology. Ultimately, the group will develop best practices and share them openly.”
This week we are celebrating Computer Science Education Week around the globe.
In this “age of acceleration,” in which advances in technology and the globalization of business are transforming entire industries and society itself, it’s more critical than ever for everyone to be digitally literate, especially our kids.
This is particularly true for women and girls who, while representing roughly 50 percent of the world’s population, account for less than 20 percent of computer science graduates in 34 OECD countries, according to this report.
Here is the bottom line: the companies that launches QC devices, network infrastructures (platforms, IaaS, SaaS, etc.) will win as everyone knows those billions invested by tech in AI will finally have the ROI that they need to show to their shareholders at the end of the day. When you have consumers and businesses too scared to use your products thanks to the Dark Web, etc. QC is your only way out of this mess.
Without QC infrastructure; means you’re AI investment is limited and you will not see the real ROI potential that you could have. And, synbio technology such as cell circuitry used to eradicate cancer and other illness or disabilities, connected humans, etc. will not have the level of adoption and performance we need to make this area impactful and life changing for so many. Personally, I look forward to a day when hospitals, going to the doctor, etc. are things of the past.
Microsoft Corporation (NASDAQ: MSFT) can come up with its own scalable operational quantum computer by 2025. This could lead to quantum jump in MSFT stock in long term.
Technological unemployment speeding up, and the elite types as always trying to get the poor and middle class to go at each others throats, rather than address the elephant charging at both of them, that robots and AI are coming for all the jobs in under 10 years now.
Other states are also learning the same basic economic lesson: Customers have a limit to what they will pay for service. Voters in Washington, Colorado, Maine and Arizona voted to raise minimum wages on Election Day, convinced of the policy’s merits after millions of dollars were spent by union advocates. In the immediate aftermath, family-owned restaurants, coffee shops and even childcare providers have struggled to absorb the coming cost increase—with parents paying the cost through steeper childcare bills, and employees paying the cost through reduced shift hours or none at all.
The out-of-state labor groups who funded these initiatives aren’t shedding tears over the consequences. Like their Soviet-era predecessors who foolishly thought they could centrally manage prices and business operations to fit an idealistic worldview, economic reality keeps ruining the model of all gain and no pain. This brings me to my last correct prediction, which is that the Fight for $15 was always more a creation of the left-wing Service Employees International Union (SEIU) rather than a legitimate grassroots effort. Reuters reported last year that, based on federal filings, the SEIU had spent anywhere from $24 million to $50 million on the its Fight for $15 campaign, and the number has surely increased since then.
This money has bought the union a lot of protesters and media coverage. You can expect more of it on November 29. But the real faces of the Fight for $15 are the young people and small business owners who have had their futures compromised. Those faces are not happy ones.
” … discuss using drones to leapfrog infrastructure, and save lives by doing it in less than 15 minutes.”
Posted in business, economics, finance, health, life extension
Longevity a challenge or an opportunity?
This autumn, The Economist Events will bring global leaders from business, finance and health care together with policymakers to explore the opportunities of an ageing world.
Together they will discuss how best to adapt financial products and realign business and public policies in ways that will drive economic growth and mitigate problems that ageing societies could otherwise bring.
“In October, the commercial giant teamed up with IBM and Tsinghua University in Beijing to track pork in China as it moves from the farm to the shelves.”
