A ‘human swarm’ has figured out where Jeff Bezos should donate his money

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Jeff Bezos tweeted in June that he wanted short-term, high-impact ways to do social good.

An artificial intelligence platform put 46,000 suggestions to a vote, using a method inspired by how bees swarm.

Universal access to clean drinking water was the winner.

 

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BARCLAYS: Amazon is probably going to be one of the first ‘trillion-dollar’ companies (AMZN)

Amazon’s stock price has been on a tear over the last year, gaining 46%.

A Barclays equity research team led by Ross Sandler thinks that the party may just be getting started, initiating coverage of the stock with $1120 price target, or 29% upside.

In a flurry of notes released from their Internet & Media desk on March 29, Barclays picked Amazon as one of their favorites in the sector and made the case for the stock’s market cap to reach one trillion dollars.

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AI: A five-point plan to stop the Terminators taking over

Boston Dynamics robots

Tech behemoths Google, Facebook, Microsoft, IBM and Amazon announced this week that they are teaming up to develop new standards for Artificial Intelligence (AI). It’s a much-needed move. Soon AI will change everything from warfare to our bodies. But we don’t want to become slaves to the robots, so how do we stop the Terminators?

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Amazon patents personal mini drones that locates lost cars or kids

Amazon drone

Imagine you’re trying to find your car in a crowded parking lot. Rather than let frustration take hold, you simply say “locate car” and a tiny drone perched on your shoulder flies off and guides you to it. Amazon has been awarded a patent for a voice-activated personal assistant drone that would do just that, and may be used by emergency personnel for slightly more important tasks, like locating missing children or spotting fires.

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Amazon Reverse-Engineers the Neighborhood Grocery Store

After conquering e-commerce, Jeff Bezos is working to take over the physical world, too.

Everything old is new again. Nearly one year after announcing plans to open its first brick-and-mortar bookstore, Amazon, having conquered e-commerce, is now planning to establish a beachhead in another corner of the physical world: convenience and grocery stores. The Wall Street Journal reports that the small storefronts would be stocked with perishable grocery items like milk and produce, and would allow for curbside pickup of groceries. Customers could also possibly use their smartphones to order nonperishable goods like cereal to their homes for same-day delivery.

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