New technologies don’t just change the world, they change our language too. The automobile era gave us over a thousand new words and phrases such as limousine, drive through, hot rod, tailgate, and muscle car. Computers gave us chips, CPUs, beta testers, operating systems, programs and bugs. The Internet has already contributed hundreds of new words and new meanings […]
Machine learning is poised to pave the way for many exciting opportunities for businesses, but there are many hurdles to be crossed before getting to the finishing line. Many organisations are still struggling with legacy systems and are slow to invest in more advanced technologies. But the more pressing issue at hand, one that has been an ongoing problem […]
We all depend in our social, business, financial, and political affairs, on a shared currency of trust. But we have somehow devalued this currency and breaches of public trust have recently grown to epidemic proportions. Donald Trump, the President of the United States, is perhaps the most worrying example of this, with unfounded statements and poorly researched policies the […]
Individuals increasingly rely on healthcare virtual support communities (HVSCs) to complement and/or supplement the support available in face-to-face settings. Many reasons contribute to this phenomenon. While relatives and close friends can provide physical and tangible assistance (providing goods or services needed during stressful situations), these helpers oftentimes lack stress- or disease-related expertise and experience to provide adequate support. Additionally, […]
It’s common knowledge that data can separate the winners from the losers in business. According to McKinsey, companies that treat their data as a corporate asset grow revenues five times faster on average than companies that don’t. But it’s one thing to want to be a data-first business and quite another to actually build a robust and sustainable data […]
Is artificial intelligence going to usher in a golden age of humanity by solving our most intractable problems and creating vast amounts of wealth? Or is it the ultimate menace, a threat to our jobs and, ominously, our very survival as a species? It depends on whom you ask… and what they happen to believe about technology and humanity.
Blockchain and its associated technologies burst into the public consciousness in 2015 after a relatively slow build-up spanning several years. In the course of 2017 blockchain became one of the most hyped technologies ever and has found a particularly keen audience in the banking world due to the promise of greater efficiency, or in other words, cost.
Banks globally have […]
You are finally at home after a busy day at work. An invitation to join friends watching the latest episode of the Avengers saga at the cinema pops up on your smartphone. You are tired, and you already planned to spend a relaxing night at home, ordering pizza through Deliveroo, listening to your favourite music with Spotify and watching […]
Two men walk into a bar, the first one says: “robots will conquer our civilisation and make us their servants within ten years”, the second one responds: “No, the principle of artificial intelligence (AI) is a far-fetched goal that will never see light”. The bartender smiles, analyses their facial expressions, assigns a sentiment score to their sentences, evaluates their […]
Along with artificial intelligence (AI), it is likely most readers will have observed the increased press coverage around automation. More recently these two terms are being used jointly to present a world where AI can significantly push the envelope of what is possible to be automated today. Whilst I believe this is true, it is worth analysing the state […]
On 2 October MEP Sabine Verheyen announced: “we have established a fair, level playing field,” celebrating the adoption of the revision to the Audiovisual Media Services Directive (AVMSD), which now will also cover “video sharing platforms” (VSPs). This was an overstatement: the Directive may make things a bit fairer, but can do very little to even out competition for […]
In principle, there is broad consensus that knowledge should be the basis of environmental sustainability policies. Knowledge about the environment is often generated by corporations, in addition to governments, as part of their industrial activities (Mukerji 1989).
The Arctic is an important crossroads of industrial development and environmental preservation (Figure 1), as calculations suggest that it contains one-fourth of the […]
Several industries have been disrupted by companies with a platform business model. Think of telecommunications and advertising (Google, Facebook, Tencent); retail (Amazon, Alibaba); travel (Booking.com); music (Apple, Spotify); and entertainment (Netflix). Other sectors are under disruption: from mobility (Uber, Lyft) to payment and financial services (Paypal, Alipay). Platforms are taking over the world.
Although the first sectors to be disrupted […]
A recent Forbes article indicates that corporate engagement with open source communities has grown to become a strategic imperative over the past couple of decades. An increasing number of companies are paying their employees to contribute to such communities. This is one manifestation of a broader growing trend toward closer collaboration between companies and open source communities. Well-recognised companies […]
For a firm, big or small, the idea of outsourcing tasks, especially innovation tasks, that are either costly or risky is attractive. This is especially so when outsourcing is made easy by the Internet. Some firms use their own sites (e.g., Netflix or Dell), while others use well-established crowdsourcing platforms, such as InnoCentive for engineering problems, Kaggle for data […]
The boom of social media in the past decade has transformed the way investors forecast the stock market. As social media provides large volumes of real-time user opinion, investors can potentially exploit that information by leveraging machine learning and natural language processing techniques. In recent years, popular news channels have repeatedly reported that predicting the market using “alternative data”, […]
Have you ever realised that the websites and social platforms you use are full of links that lead you to contents, videos or advertisements of other content providers? And that you usually surf from one site to another without typing their URL addresses? No doubt, this is an important feature of the internet. For instance, direct visits of The […]