AI hype is at fever pitch. It’s slated to fundamentally change everything about our world, from our economies to the way we get around cities. But how much of the hype is credible, and how much will AI change the nature of business in the near future? Will AI completely take over the realm of human expertise?Algorithms are changing the world. No doubt. One day, we’ll consider algorithms as tools as transformational, significant and epoch-changing as the wheel. Not only do they make basic computing possible, they’re bringing the reality of sophisticated artificial intelligence closer every day. No wonder PwC says up to 30 per cent of jobs in the UK will be replaced, either by basic automation or artificial intelligence. However, unchecked praise and hype around AI can blur our thinking about the foreseeable impact of these technologies on our advanced industries. We can be lured into saying things like “AI will change every job fundamentally”. Well, in … [Read more...] about Will AI replace human expertise in business?
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Bryan Johnson of Braintree announces OS Fund II. OS Fund is the next generation of impact investing, supporting entrepreneurs combining science and technology (deep tech) to address problems on a global scale. VENICE, Calif.–(BUSINESS WIRE)–August 7, 2018– Bryan Johnson and Jeff Klunzinger are raising $250 million for OS Fund II – following a successful $100M OS Fund I. OS Fund is a venture capital fund that invests in entrepreneurs and companies that develop breakthrough discoveries in science to address our most pressing global problems. OS Fund I made 28 investments total, with 27 receiving follow on investment, four valued at over a billion dollars, and two acquired. According to PitchBook, OS Fund’s investments were among the top 10% of U.S. funds in performance. The success of OS Fund has proven that it’s possible to achieve results by breaking the rules that … [Read more...] about OS Fund Raising $250M to Support Entrepreneurs Building Deep Tech to Solve Global Problems
Having big data is not enough: Tips to turn it into a business advantageThe data-driven business: Using analytics to solve business problems and create opportunities When it comes to using data to drive business, organizations such as Google or Facebook are iconic. Although a lot can be said about their practices with regards to topics such as privacy, ownership, and governance, there's no denying that they have been pioneering the field both in terms of technical approach as well as culture.Read also: What to do when big data gets too big (TechRepublic) | Big data and digital transformation: How one enables the other | Toyota, Intel and Ericsson team up to collect Big Data from cars (CNET) The people that helped build the technical substrate, and the data-driven culture upon which Facebook operates, call this combination DataOps. When they started in 2007, big data was not what it is today. All four Vs that define big data -- volume, variety, velocity, and veracity -- were at lower … [Read more...] about Business analytics: The essentials of data-driven decision-making
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon The iPhone's headphone jack isn't coming back, and bluetooth speakers, headphones and Apple's Lightning to headphone adapter all have their tradeoffs. For the past month I've been testing Belkin's RockStar, an adapter that has both a Lightning port and headphone jack built into it. It's designed for people who want to use wired headphones with their new phone, but I've kept in my car for the past month, and it's been a game changer. I can listen to music and charge my phone without relying on Bluetooth while driving, which is something I didn't know I missed until now. It’s been a little over a year and a half years since Apple introduced an iPhone without a headphone jack, and I still occasionally miss it. I’ve transitioned to using Bluetooth headphones and speakers, which are … [Read more...] about This adapter solves the problem of not being able to charge your iPhone and listen to music in the car at the same time — I recommend it for anyone without a Bluetooth setup
Brought to you by Blockchain, the internet of things, augmented reality... the pace of technological advance in business has been swift – but tech is friend, not foe 1 Leading digital transformation and dealing with change Given that more than half (52pc) of Forbes 500 companies have gone bankrupt, been acquired or folded since 2000, C-suiters realise that embracing technology is critical for survival. Digital transformation brings with it great change, to which people are naturally resistant – and it is especially difficult for directors of well-established organisations to achieve a successful pivot without some friction from colleagues, employees and customers. So it is essential to lead from the front and drive the transition from the top down in a clear and positive manner while ensuring there is enough investment to make it as seamless as possible. “A business needs to be agile enough to deliver, in real time, services which flex around, say, a … [Read more...] about Solved: the three most common business problems