0 Have your say Last year I visited the Hermitage in St Petersburg, Russia – one of the best art museums in the world. I was expecting to serenely experience its masterpieces, but my view was blocked by a wall of smart phones taking pictures of the paintings. And where I could find a bit of empty space, there were people taking selfies to create lasting memories of their visit, writes Professor Giuliana Mazzoni. For many people, taking hundreds, if not thousands, of pictures is now a crucial part of going on holiday – documenting every last detail and posting it on social media. But how does that affect our actual memories of the past – and how we view ourselves? As an expert on memory, I was curious.Unfortunately, psychological research on the topic is so far scant. But we do know a few things. We use smart phones and new technologies as memory repositories. This is nothing new – humans have always used external devices as an aid when … [Read more...] about Are selfies changing our memory and making us stupid? – Giuliana Mazzoni
Technological change examples
In the past, retailers based success on the buy-low-sell-high model which placed all the focus on the product and forgot somewhat about the consumer as an individual. However, as retail technology changes, the focus is being put back on the customer with a greater emphasis on personalisation and providing customers with better service. With the development of new technology, personalisation can now be achieved remotely and at scale using big data to gain in-depth customer insight. Retailers can then use this insight to develop new services and engagements that meet customers’ needs.At the moment, very few retailers are adopting these new technologies and the majority are failing to keep up with this trend. However, in order to prosper, retailers need to take heed and have more of an open mind about how they use technology moving forward. Fortunately, there are a number of ways in which retailers can remain up to date developments within the retail market:Firstly, … [Read more...] about What’s the future of retail technology?
"It actually is quite easy to be a futurist with regards to where are we going with health," says Dr Ron Grenfell, director of health and biosecurity at CSIRO. "It takes 15+ years to get evidence into practice," he told the Commonwealth Bank's Future of Health conference in Sydney last week. The "inertia of the system" will hold back the adoption of a lot of technology that's being pitched as the future of health. That, in your writer's view, is one of the two big conceptual challenges at the heart of so many discussions of the digital transformation of healthcare. Vendors are pitching technologies like AI and chatbots to reduce the workload of humans, yet the healthcare sector is way behind the pace. Dr Kevin Cheng is founder of Australian healthcare provider Osana. They use cloud communications provider 8x8 for their own needs, and use cloud-based medical records, but they run into the usual problems when communicating with other providers. "I tried really hard not to buy a fax … [Read more...] about The real future of healthcare is cultural change, not just AI and other technology
Social movements have spurred major transformations in society, from the end of slavery to universal suffrage, the rise of labor unions, and universal education. Yet somehow after decades of economic stability, we began to rely on technological rather than social tools to remake the world, says Glen Weyl, a principal researcher for Microsoft. While technology flourished, we “did not allow our social wisdom and social infrastructure to balance that out,” says Weyl. “I think it's killing equality and structure of our society, so I think we need to regain that spirit of being open to those fundamental social innovations.” Weyl spoke at the WIRED25 Festival on Sunday, during a panel that explored the ideas in the book he co-authored, Radical Markets: Uprooting Capitalism and Democracy for a Just Society. The book argues that markets, radically reimagined, are the best place to combine social innovation with technology and then disseminate those changes to the … [Read more...] about Glen Weyl on Technology and Social Innovation
Will Martin, provided by Published 3:13 am PDT, Monday, October 8, 2018 Reuters; Reuters The economists Paul Romer and William Nordhaus have been awarded 2018's Nobel Memorial Prize in Economic Sciences. The two men were awarded the prize for their roles in changes to long-term economic forecasting. Romer was awarded for his work on the integration of technological change into forecasting, while Nordhaus received the prize for looking at climate change in economic modeling. The economists Paul Romer and William Nordhaus have been awarded 2018's Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, often considered to be the most prestigious prize in the field of economics. The two men were awarded the prize for their roles in changes to long-term economic forecasting. Romer, a former chief economist of the World Bank, received the prize "for integrating technological innovations into long-run macroeconomic analysis," the Nobel committee said. Nordhaus, … [Read more...] about ‘Father of climate change economics’ and former World Bank chief economist win Nobel prize