Posted by & filed under Apple.

At one time, the staggering success of the iPhone helped catapult Apple to become the world’s most valuable company. Now, its lackluster smartphone sales are dragging down Apple’s business.Apple (AAPL) said Tuesday that its revenue for the first three months of 2019 declined 5% from the year prior to $58 billion as it grappled with sluggish smartphone demand. iPhone sales for the period fell 17% from the year prior.For years, Apple’s iPhone business appeared to defy gravity as the company managed to sell more devices and gradually charge more for them. But that narrative was shattered at the beginning of this year when the company warned investors that iPhone sales had taken a hit from a slowdown in China amid an ongoing trade war.

Source: CNN Technology News

Date: May 3rd, 2019

Link:
https://www.cnn.com/2019/04/30/tech/apple-q2-earnings/index.html

Discussion

  1. Does it matter that iPhone sales are slowing down?
  2. What was last genuinely innovative thing Apple came up with?

Posted by & filed under Payment Technology, Uber.

Uber office sign

Uber has revealed that it is seeking a valuation of $90bn (£70bn) in its much anticipated stock market flotation.

The taxi-app firm has said that its shares will be priced at between $44 and $50 each, with the share issue set to raise about $10bn.

As part of the offer it will sell $500m worth of shares to payment giant, PayPal.

Uber warned earlier this month that it may never make a profit.

The IPO price values the company below the $100bn some had expected it to aim for.

As well as the original “ride-hailing” business, Uber is developing driverless cars, and has a food delivery business, Uber Eats.

Source: BBC Technology News

Date: April 26th, 2019

Link:
https://www.bbc.com/news/business-48063637

Discussion

  1. Why is Paypal buying half-a-billion dollars of Uber stock? What’s in it for PayPal?
  2. Why would anyone buy IPO stock in a company that is losing $1bn a quarter?

Posted by & filed under AI/Artificial Intelligence.

AI art


Last year a portrait of Edmond Belamy sold for $432,000 (£337,000).

A bit steep, you might think, for a picture of someone you’ve never heard of. And you won’t have heard of the artist either, as the picture was created by an algorithm drawing on a data set of 15,000 portraits painted between the 14th and 20th Centuries.

And to be honest, it’s a bit rubbish.

The sale, which astonished auction house Christie’s, raised many important questions. Can a computer, devoid of human emotion, ever be truly creative? Is this portrait really art? Does any of that matter if people are prepared to pay for it?

And as artificial intelligence evolves and eventually perhaps reaches or surpasses human level intelligence, what will this mean for human artists and the creative industries in general?

Source: BBC Technology News

Date: April 26th, 2019

Link:
https://www.bbc.com/news/business-47700701

Discussion

  1. “In 2017, one of DeepMind’s AI programmes beat the world’s number one player of Go, an ancient and highly complex Chinese board game, after apparently mastering creative new moves and innovative strategies within days.
    Google would say that was creativity – new ways of finding solutions that it was not taught.” What do you think counts as creativity?

2. Does creativity have to solely come from humans to actually be creativity?

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

A call centre

I am becoming increasingly concerned that AI will, in fact, block the traditional growth path by replacing low-wage jobs with robots.

As Kai-Fu Lee, a Beijing-based venture capitalist who invests in artificial intelligence, tells us, AI is potentially the most revolutionary technology to emerge this century. It is also, along with the associated technologies of machine learning and robotics, advancing at breakneck speed.

Already AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy.

In developed economies, for instance, robots have replaced well over half of the jobs in the car and related industries in recent decades.

Source: BBC News

Date: April 19th, 2019

Link:
https://www.bbc.com/news/business-47852589

Discussion:
1) AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy. ” What topics have you covered so far in your business school courses that almost exactly match this statement?
2) What are you doing to better understand how AI works?

” AI has the capacity to replace many work tasks that are rules-based and repetitive, and which do not require great dexterity or empathy. ” What topics have you covered so far in your business school courses that almost exactly match this statement?

Posted by & filed under Facebook.

Man looking at Facebook

Facebook “unintentionally” uploaded the email contacts of more than 1.5 million users without asking permission to do so, the social network has admitted.

The data harvesting happened via a system used to verify the identity of new members,

Facebook asked new users to supply the password for their email account, and took a copy of their contacts.

Facebook said it had now changed the way it handled new users to stop contacts being uploaded.

Source: BBC News
Date: April 19th, 2019
Link: https://www.bbc.com/news/technology-47974574

Discussion

  1. How likely is it that no one immediately noticed that the entire contact lists of 1.5 million people suddenly appeared in a database at Facebook? (If each person only had 100 contacts that would be 150 million entries in a database)
  2. What does it say about Facebook’s software testing procedures that this “error” existed?

Posted by & filed under Amazon, Civil Liberties, Privacy.

Image result for amazon alexa

Not only is Alexa listening when you speak to an Echo smart speaker, an Amazon employee is potentially listening, too.Amazon (AMZN) employs a global team that transcribes the voice commands captured after the wake word is detected and feeds them back into the software to help improve Alexa’s grasp of human speech so it can respond more efficiently in the future.

Amazon reportedly employs thousands of full-time workers and contractors in several countries, including the United States, Costa Rica and Romania, to listen to as many as 1,000 audio clips in shifts that last up to nine hours. The audio clips they listen to were described as “mundane” and even sometimes “possibly criminal,” including listening to a potential sexual assault.

Source: CNN Technology News

Date: April 12th, 2019

Link (includes video):
https://www.cnn.com/2019/04/11/tech/amazon-alexa-listening/index.html

Discussion

  1. If the audio clips don’t come with a name and address, is this even a privacy issue?
  2. Why does Amazon need to have humans listen to what Alexa is hearing?

Posted by & filed under Amazon, Google, IT Infrastructure, IT Security, IT Standards, IT Strategy, IT Trends, Microsoft.

Most of us wouldn’t trust just anyone to watch our children, home, or pets, right? And we typically don’t hire just anyone who applies for employment, do we? What about the guy living out of his van offering low cost tax prep? Probably not your first choice this tax season.

It’s our instinct to take the time to look into these people and perform the due diligence and oversight necessary to assure us that we’re entrusting the right people with our assets. A similar approach needs to be taken when it comes to entrusting vendors with your organization’s systems and data, as well as your clients’ data

Source: LMG Security

Date: April 12th, 2019

Link:
https://lmgsecurity.com/vendor-risk-management-the-importance-of-vendor-vetting/

Discussion

  1. What sort of technology vendors might an organization like Nike, or Starbucks have?
  2. For many small, medium and large organizations, Google, Microsoft and Amazon are technology vendors. Do these companies need to be “vendor vetted” too?

Posted by & filed under Emerging Technologies, Future of Work, Tech-savvy.

The world of work will be radically different in the future. From hyper-surveillance of staff to digital nomadism to robots taking jobs—how, where and why we work is changing beyond all recognition.

This is the workforce of the future. Technology is transforming the world of work beyond all recognition creating groundbreaking opportunities. But it’s also eroding the rights of workers. Some even fear a dystopian jobless future. But are these anxieties overblown? How we react to this brave new world of work today will shape societies for generations to come. What are the forces shaping how people live and work and how power is wielded in the modern age? NOW AND NEXT reveals the pressures, the plans and the likely tipping points for enduring global change. Understand what is really transforming the world today – and discover what may lie in store tomorrow.

Source: The Economist

Date: April 9th, 2019

Link to 19 minute video:
https://www.youtube.com/watch?time_continue=1&v=gUc5oN_ffRo

The discussion here should be about how technology is transforming work and who does that work, and most importantly what is the student doing to prepare themselves to be productive in this transformed world. I use the phrase “tech-savvy” a lot during my discussions to get away from “coding”, “databases” and other highly technical topics. “Everyone needs to be tech-savvy” in this new world.

Posted by & filed under Big Data, Data Analytics, Future of Work.

g_108059_cybers_bg_280x210.jpg

Each paradigmatic shift in the workspace has always been accompanied with a restive period in human history. In the early 19th century, as the first Industrial Revolution took root in the UK, and mechanisation came to replace the predominantly agrarian economy, a group of workers took to violent protests smashing machines that deprived them of their livelihood. Called the ‘Luddites’, they gave anti-mechanisation an identity that transcended centuries and came to be associated even with the likes of Ted Kaczynski, a Harvard math prodigy who parcelled 16 bombs to universities and airlines to halt the relentless march of technology in the 1970s and ’80s.

Source: Forbes India

Date: April 9th, 2019

Link:
http://www.forbesindia.com/article/future-of-work/work-it-out-jobs-that-will-emerge-over-the-next-decade/50933/1?sf100994744=1

Discussion

  1. “Technology will actually democratize opportunity. When the new 5G network is implemented and the next billion goes online, opportunity will be in the hands of everyone with a good idea. It’ll be the age of betapreneurs, entrepreneurs who, enabled by technology, can rapidly test and scale ideas, and bring them to market.” What does it mean to “democratize opportunity”?
  2. Data detective/data broker ” is listed as the top “new job”. What are you doing to improve your data skills?