The co-founder of website builder Wix is embracing generative AI, and he’s not too worried that it might destroy the business models of the web.
Wix CEO Avishai Abrahami is embracing generative AI and thinks the business models of the web can survive it.
IonQ earns spot in the prestigious list of 119 innovative companies for innovation in quantum computing
COLLEGE PARK, Md., November 28, 2023 —(BUSINESS WIRE)— IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has been named to Fast Company’s third annual Next Big Things in Tech list, honoring technology breakthroughs that promise to shape the future of industries—from healthcare and security to artificial intelligence and data. This is IonQ’s first time appearing on the list.
“This recognition is not only a tremendous honor but a testament to the transformative impact and potential of our technology,” said Peter Chapman, President and CEO of IonQ. “IonQ is committed to advancing quantum computing capabilities to drive technological breakthroughs and solve complex business problems across industries. This award fuels our drive to continue pushing boundaries and breaking barriers.”
Google’s company-defining effort to catch up to ChatGPT creator OpenAI is turning out to be harder than expected.
Google representatives earlier this year told some cloud customers and business partners they would get access to the company’s new conversational AI, a large language model known as Gemini, by November. But the company recently told them not to expect it until the first quarter of next year, according to two people with direct knowledge. The delay comes at a bad time for Google, whose cloud sales growth has slowed while that of its bigger rival, Microsoft, has accelerated. Part of Microsoft’s success has come from selling OpenAI’s technology to its customers.
As boosters say AI is primed to conquer entire sectors, from military to medicine, a significant portion of the tech world is surprisingly unconvinced by its utility, according to a new survey from software development business Retool.
In the survey of 1,500 people working in tech, Retool found that a startling 51.6 percent of people think AI is overrated, while 25.1 percent think it’s underrated, and another 23.4 percent think it’s fairly rated. The people surveyed include executives, software engineers, designers, and other positions in different industries.
Particularly striking was that workers in executive roles had a more favorable view of AI while people in the technical side “skewed a little more toward overrated” — perhaps not a surprise, since many business leaders have been crowing about the potential cost savings of AI and how it could generate more revenue.
Europe has become known as a second-place destination for business, and more recently, innovation.
Disruptive technologies like AI have hailed from the United States for decades with no European challenger in sight.
However, when a four-week-old French AI startup secured €105 million for its seed round, it demonstrated that Europe isn’t as disadvantaged as people think. While AI is a saturated market, quantum computing can allow Europe to survive in a century ruled by China and the US.
Why it matters: While AI algorithms are seemingly everywhere, processing on the most popular platforms require powerful server GPUs to provide customers with their generative services. Arm is introducing a new dedicated chip design, set to provide AI acceleration even in the most affordable IoT devices starting next year.
The Arm Cortex-M52 is the smallest and most cost-efficient processor designed for AI acceleration applications, according to the company. This latest design from the UK-based fabless firm promises to deliver “enhanced” AI capabilities to Internet of Things (IoT) devices, as Arm states, without the need for a separate computing unit.
Paul Williamson, Arm’s SVP and general manager for the company’s IoT business, emphasized the need to bring machine learning optimized processing to “even the smallest and lowest-power” endpoint devices to fully realize the potential of AI in IoT. Despite AI’s ubiquity, Williamson noted, harnessing the “intelligence” from the vast amounts of data flowing through digital devices requires IoT appliances that are smarter and more capable.
YouTube has had it with you blocking the ads on its platform — and it’s willing to make the experience as miserable as possible until you give up.
As Business Insider reports, the company is encouraging viewers to turn off their ad blockers in their browsers or subscribe to YouTube Premium, which costs a whopping $13.99 a month, by degrading the experience of using the site.
“Ads are a vital lifeline for our creators that helps them run and grow their businesses,” a spokesperson told Insider. “That’s why the use of ad blockers violates YouTube’s Terms of Service.”
As organizations grow, they begin to prioritize process over product. That impedes real innovation. When organizations realize this, they typically respond in three ways: By hiring consultants to do a reorg (that’s “organizational theater”), adopt new processes such as hackathons to spur innovation (that’s “innovation theater”), or take steps to try to reform their bureaucratic behaviors (that’s “process theater”). Instead, what organizations need is an Innovation Doctrine that addresses culture, mindset, and process and guides the organization’s efforts to achieve real innovations.
Page-utils class=” article-utils—vertical hide-for-print” data-js-target=” page-utils” data-id=” tag: blogs.harvardbusiness.org, 2007/03/31:999.242633” data-title=” Why Companies Do “Innovation Theater” Instead of Actual Innovation” data-url=”/2019/10/why-companies-do-innovation-theater-instead-of-actual-innovation” data-topic=” Innovation” data-authors=” Steve Blank” data-content-type=” Digital Article” data-content-image=”/resources/images/article_assets/2019/10/Oct19_07_-513439309-383x215.jpg” data-summary=”
They put too much focus on process and not enough on product.
