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Management

Where Are You on Retail’s Virtual Continuum?

What would a retail experience look like three years from now?  What if you could browse a store while sitting in the store?  Let’s suppose an associate hands you virtual reality glasses as you enter the store.  You are guided to a private viewing room complete with snacks and beverages.  You relax in the viewing […]

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Management

Robots as a substitute for human proximity

Deep learning, big data, the cloud, and the rest of the pieces of the developing AI world are becoming familiar, being visualized by marketers who understand we need images and ideas that fit into our worldview. We already love our cars and our dogs, so falling in love with an AI personal assistant who actually […]

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Management

Can we change ourselves?

Taking an extra dose of Simvastatin, and then ordering double cheese on the pizza–no, screw it, let’s get double pepperoni, too!  This may not be the recommended usage of statin drugs for cholesterol, but it is how they are used by many more people than are willing to admit to the practice. While health care […]

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Management

AI-Impact for Insurers and Lawyers

Financial services quickly embraced new technology because its use in generating value was readily apparent to investors and customers. Gathering information in real-time and timing transactions based on the steady flow of information helps financial industry players and customers at same time. Impact for Insurers The insurance business revolves around measuring and pricing risks. In […]

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Management

Do artifical networks make unbiased decisions?

Artificial neural networks have given AIs the functionality for complex problem solving and pattern recognition, and they have entered the workforce, particularly in areas of big data analysis and global finance. As we begin to interact with and study these new learning machines, interesting questions arise. Are they going to take on human behavioral and […]

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Management

Predictive analysis and human behaviour

Predictive Analytics is the branch of machine learning that is putting all the data to work. It takes large data sets and uses mathematical algorithms to form predictive models. Then statistical methods such as regression analysis are used to find the variables that influence the models. Finally, machine learning platforms use those predictive models to […]

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Management

Social Credit Score and the Bell Curve

The Social Credit Score is a system that China has had in trials for several years, and that uses the principles of credit scoring- data streams from several specific sources- to formulate a predictive score. The current credit score uses data from the past to predict future behavior, and allows financial institutions to evaluate risk. […]

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Management

Mobility and Event-Based Pricing

Pricing services is often arcane, taking into account many factors beyond simple supply and demand. As our world becomes more complicated and connected, it’s likely that mobility and event-based pricing will increase and become more complicated. We’re already familiar with the basics of this. It costs more to ride a subway train during rush hour […]

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Management

Robots are Not Your Friend – Ethics and AI

AI is taking over more and more tasks previously done by humans. For the most part this is a good thing; AI algorithms are very good at handling tedious, repetitive tasks that generally make human workers bored to frustration…and mistakes. However, there is growing evidence that AI is not quite the solution we expected it […]