Cities around the world have faced hardships since the Covid-19 pandemic hit. Every metropolitan area has been affected, even the emerging smart cities of the future. The epidemic has opened up a whole new perspective on the planning and developments of a smart city as they evolve in the future. The smart cities evolution needs… Continue reading Smart Cities Evolution after the Covid-19 Pandemic
Think of small nodes of economic activity, local economies, that are connected to each other through lines of information and communication and resource sharing. Rather than a large controlling center with outward thrusts of power and control, in a democratized economy both risk and reward is spread out over interconnecting economies. Multiply these same communicating… Continue reading Internet platforms democracy for economies
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: That will be available with… Continue reading Where Are You: Retailers Virtual Technology?
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… Continue reading Robots as a substitute for human proximity
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… Continue reading Can we change our human behaviour?
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. A big industry: AI for Insurers and Lawyers. Impact for Insurers The insurance… Continue reading AI-Impact for Insurers and Lawyers
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 concerning unbiased decisions. Are they going to take on… Continue reading Do artifical networks make unbiased decisions?
Predictive Analysis 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… Continue reading Predictive analysis and human behaviour
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.… Continue reading Social Credit Score and the Bell Curve
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… Continue reading Mobility and Event-Based Pricing