Fintech’s investment has tripled to $12.21 billion in the past year, according to Accenture’s 2015 report. Recent Jobs Act legislation is fueling this trend, with deregulation of crowdfunding leading the surge of investments from retail and institutional participants.
Not too long from now, entertainment is about to get as real as real life and nothing is ever going to be the same. This is happening thanks to the combination of two forces that you would never expect to overlap. Together, they form a staggeringly potent combination.
Over the past 50 years, getting to space hasn’t become any easier technically speaking. It still requires using huge rockets to create a massive enough amount of force to push a payload beyond the grip of Earth’s gravity.
Futurist Thomas Frey: In March of 1989 when Tim Berners-Lee wrote the first online message that would eventually lead to the World Wide Web, it was similar to the first car leaving an inventor’s workshop.
The highway system for cars started on horse and buggy trails and the Internet was born on switching networks designed for telephones. With roads turning into sophisticated highways and phone lines morphing into fiber and wireless networks, we begin to get a sense as to where we’ve come from.
Thomas Frey predicted that 50% of colleges would collapse by 2013. Similarly, Clayton Christiansen is quoted as saying that 50% of colleges will not exist in 15 years. Others have made similar claims. Such predictions are based on tracing the impact and likely trajectory of innovations like blended and online learning, open learning, technologies allowing for mass customization and personalization, adapting learning software, and a growing set of alternative pathways to gainful and skilled employment.
In the future ordinary devices will be sensor equipped and wifi-connected. But the Internet of Things might be missing a concept that is something like its inverse: Let’s call it the Search Engine of Things. That is, a device or suite of devices that can identify and contextualize the objects that surround us in the physical world, from pills to trees to hamburgers.
When talking to more seasoned AI practitioners about the resurgence of AI and machine learning you may commonly hear, “But this technology has been around for years now!”
Whether it’s the birds and the bees, the fish, or even slime molds, it goes back to all social creatures that use their collective intelligence to form real-time synchronous systems. We have many names for these natural assemblages, including flocks, schools, shoals, blooms, colonies, herds, and swarms. Whatever we call them, one thing is clear – millions of years of evolution produced these highly coordinated behaviors because of the survival benefits they provide to a great many species. (Video)
According to a report by financial analysts at Cowen, Amazon is set to become America’s largest apparel retailer by 2017. The e-commerce giant is gearing up to usurp the title held by Macy’s, Cowen reports:
What is wearable technology? Who invented wearable technology? What is the future of wearable technology? These are just a few questions that are asked every day about wearable tecnhnology.. “Wearable technology” makes most people imagine a fitness tracker, a smartwatch or google glasses.
Over then next five years, the ability to bring internet connection to almost every type of consumer device will be huge implications for the insurance industry. Insurers looking to cut costs, improve business practices, and better assess clients’ risk levels, will increasingly invest in the Internet of Things (IoT).
Futurist Tom Frey: When I first brought up the idea of coworking taking over colleges, it seemed like an absurd notion. But there is a secret reason that very few people are grasping.
At first glance, the highly structured ivory towers of academia seem to be on the opposite end of the spectrum from the unstructured anything-goes world of coworking. But the more I thought about it, it seems inevitable that the two are on a collision course.
In fact, it’s already happening, but not in the ways you may imagine.
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