Amazon plans to open six more cashierless Go stores

Posted by & filed under AI/Artificial Intelligence, Amazon.

Amazon.com plans to open as many as six more cashierless stores this year, Recode reported. The e-commerce giant is considering locations in Los Angeles and Seattle, where the first and only Amazon Go store opened to the public last month. Source: Seattle Times Date: February 23rd, 2018 Link: https://www.seattletimes.com/business/amazon-plans-to-open-six-more-cashierless-go-stores-recode-says/ Discussion 1) Why is Amazon doing this? 2) What could… Read more »

Microsoft AI

Posted by & filed under Uncategorized.

This video is a TV commercial from Microsoft talking about their AI systems. Source: Microsoft Date: February 15th, 2018 Link: https://www.youtube.com/watch?v=9tucY7Jhhs4 Discussion 1) What actually is Artificial Intelligence? 2) What sorts of applications can you think of, beyond those shown in the video, that could use

Microsoft Says It’s True: Cat Videos Distract Workers

Posted by & filed under Productivity Paradox.

Economists have been puzzled in recent years by the so-called “productivity paradox,” the fact that the digital revolution of the past four decades hasn’t resulted in big gains in output per worker as happened with earlier technological upheaval. Many developed economies have actually seen productivity stagnate or decline. Source: Bloomberg Date: February 15th, 2018 Link: https://www.bloomberg.com/news/articles/2018-02-05/microsoft-says-it-s-true-cat-videos-distract-workers Discussion 1) The “productivity paradox” was… Read more »

Why Silicon Valley singles are giving up on the algorithms of love

Posted by & filed under AI/Artificial Intelligence.

Kate Chan, a 30-year-old digital marketer in Silicon Valley, first approached dating apps with a blend of curiosity and hope that they’d help her find a great guy.  But after six months of dead-end mismatches with guys she thought were boring or work-obsessed, she has gone back to what she called “meeting the old-fashioned way”: without… Read more »

‘I didn’t even meet my potential employers’

Posted by & filed under AI/Artificial Intelligence.

As companies rely more on machine learning and artificial intelligence (AI) to find the right job candidates, is recruitment in danger of losing that personal touch?  Peter Lane, a 21-year-old who graduated last summer from Cardiff University with a degree in History, is hoping to get into business consulting.  He’s applied for 55 jobs and secured around… Read more »

ATM “jackpotting” comes to the U.S. as alleged thieves trick machines into giving up $328,200

Posted by & filed under Cyber Security.

Two Venezuelan men went on a crime spree through Colorado, Idaho and Utah, cracking into seven ATMs and using software to trick the machines into spitting out as much as $98,000 at a time.  The alleged crooks used a technique common in Latin America and Europe but very new in the U.S. called “jackpotting.” Thieves use a key… Read more »

What Do Cryptocurrencies Have to Do with Trust?

Posted by & filed under Bitcoin, Blockchain.

Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Source: Federal Reserve Bank of New York… Read more »

Amazon Is Turning These Four Cities Into Grocery Battlegrounds

Posted by & filed under Amazon, Disintermediation.

The Amazon-fueled grocery price war may have finally arrived.  News that Amazon.com will start offering two-hour delivery from Whole Foods stores in four U.S. cities has the food world buzzing that competition is about to heat up in an industry that survives on razor-thin margins.  In the six months since Amazon acquired the organic grocer, the e-commerce giant has… Read more »