Tag: AI
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🗂 Link: Rich countries must start planning for a cashless future
These problems have three remedies. First, governments need to ensure that central banks’ monopoly over coins and notes is not replaced by private monopolies over digital money. Rather than letting a few credit-card firms have a stranglehold on the electronic pipes for digital payments, as America may yet allow, governments must ensure the payments plumbing…
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🗂 Link: CIO interview: Simon McNamara, chief administrative officer, RBS Group
Mobile banking is another key area of innovation, including NatWest’s personal finance app Mimo, which uses open banking application programming interfaces (APIs), artificial intelligence and data analytics to create a social feed that helps customers manage their money. Mimo is being beta tested with 5,500 customers. NatWest aims to extend the roll-out later this year.…
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Link: How Booking.com A/B Tests Ten Novenonagintillion Versions of its Site
“According to research by Evercore Group L.L.C., Booking.com’s “testing drives conversions across the whole platform at 2–3 times the industry average.” That means massive increases to their revenue and bottom line.” How Booking.com A/B Tests Ten Novenonagintillion Versions of its Site https://blog.usejournal.com/how-booking-com-a-b-tests-ten-novenonagintillion-versions-of-its-site-25fc3a9e875b via Instapaper Source: How Booking.com A/B Tests Ten Novenonagintillion Versions of its Site
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Link: How the subscription paradigm flips the cloud financials market
In the subscription world, you must understand the lifetime relationship with the customer – all the upsells and renewals and how they all build on one another. You also must understand the revenue, billings, and cash derived from those-again, over the entire lifetime of the customer relationship. In an ASC-606 world, you must track all…
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Link: Google debuts migration tool for its Anthos hybrid cloud platform
Anthos applications are deployed in software containers, which are used to host the individual components of each app and make them easier to work with. The main benefit is that developers get to use a single set of tools to build and deploy their apps, and push through updates as necessary, no matter what infrastructure…
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Link: What I Learned on Medieval Twitter
Dorothy Kim has argued that Twitter activity, especially during conferences, enables scholars to amplify critical insights that would normally be relegated to the margins, circulating commentary as variously exegetical, irreverent, and dissident as the marginalia in medieval manuscripts: “Twitter can be radically serious in pushing against the ‘authority and control’ of the state, the scholarly-industrial…
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Link: Why are large companies so difficult to rescue (regarding bad internal technology)
In terms of the best integration architecture, what seems to me the only long-term solution is something like the unified log architecture that Jay Kreps wrote about back in 2013. All incoming writes need to go into a centralized log, such as Kafka, and then from there the various databases can pull what they need,…
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Link: Traffic tech company INRIX approaches its 15th birthday, looks to AI to drive its business
Source: Traffic tech company INRIX approaches its 15th birthday, looks to AI to drive its business
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Link: The Frozen Middle—Part Two: Thawing
The key, I found, was to agree on new objectives. First, we tackled the question of documentation. In the old model, QA’s job was to make sure that documentation was complete—that each required section of the official template had been filled in with enough information to satisfy our overseers. But in conversation, the head of…
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Link: Is voice over-hyped? A new survey suggests lower adoption than previously thought
Source: Is voice over-hyped? A new survey suggests lower adoption than previously thought
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Link: Electric car charging interoperability is the next big thing in mobility
The arrangement doesn’t mean EV owners need to run out and add a Hubject account. All of this should be invisible to the end user—Hubject’s actual customers are the charging networks or utilities. Its platform provides an API that different charging networks can use to make that interoperability painless for drivers. “Our software is middleware…
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Link: Applications of data science and machine learning in financial services
There’s a customer acquisition piece and then there’s a customer retention piece. For customer acquisition, we can see that new technologies can really add value by looking at all sorts of data sources that can help a financial service company identify who they want to target to provide those services. So, it’s a great place…
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Link: America is turning against facial-recognition software
Sometimes scepticism about technology comes from the cops. Earlier this year the Washington Post reported that many small police departments were abandoning body-worn-camera programmes because of the cost. Although the cameras are cheap, officers can generate 15 gigabytes of video per shift; storage costs mount. Police unions often oppose body-worn cameras, fearing they imperil their…
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Link: The Rise, Fall, And Rise Again Of The Integrated Developer Toolchain
And this is where DevOps tool vendors now see opportunity. The mounting tax of maintaining tools has grown so extensive that offering an all-in-one solution may just be the trick to get development teams unstuck and the innovation train rolling even faster. Source: The Rise, Fall, And Rise Again Of The Integrated Developer Toolchain
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Fix your boring, but immediate problems first
When GDS started in 2011, mobile apps were that day’s special on the fad menu. Ministers all wanted their own. Top officials thought they sounded like a great idea. Delighted suppliers queued up to offer their services to government. We’ll talk about apps in more detail later. For now, all you need to know is…
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Link: Microsoft, Red Hat Partner on OpenShift
The OpenShift-Azure deal extends collaboration between Microsoft and Red Hat that includes the addition of Microsoft SQL server on Red Hat Enterprise Linux. The deal signaled Microsoft’s embrace of OpenShift application container management. The expanded partnership also gives OpenShift users access to public cloud services such as Azure Cosmos and SQL databases along with cloud-based…
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Tacos tomorrow, voice & AI are garbage – Software Defined Talk #173
IBM Watson didn’t work so well in health care, maybe it was too early. Also, Chef goes full open source, with Apache 2. Meanwhile, Coté has to pay taxes in two countries. Also see full show notes.
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Link: How IBM Watson Overpromised and Underdelivered on AI Health Care
MD Anderson Cancer Center partnered with IBM Watson to create an advisory tool for oncologists. The tool used natural-language processing (NLP) to summarize patients’ electronic health records, then searched databases to provide treatment recommendations. Physicians tried out a prototype in the leukemia department, but MD Anderson canceled the project in 2016—after spending US $62 million…
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FDA wants to regular off-label use of ML-driven devices
Obtaining FDA approval can be a difficult and long process. “The traditional paradigm of medical device regulation was not designed for adaptive AI or ML technologies, which have the potential to adapt and optimize device performance in real – time to continuously improve healthcare for patients,” the report said. “The highly iterative, autonomous, and adaptive…
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Link: The skills leaders need
people tend to assume that confident individuals are competent, when there is no actual relationship between the two qualities. Those confident people are then promoted. Overconfidence afflicts both sexes, but men more so; one study found that they overestimated their abilities by 30% and women by 15% on average. Source: The skills leaders need
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