Flying cars, AI and blockchain: These are the top tech trends in Gartner’s 2018 Hype Cycle August 20, 2018 Artificial intelligence (AI), self-driving cars and distributed ledger technology – otherwise known as blockchain – are among this year’s emerging technology trends, though some have moved closer to the so-called trough of disillusionment. Research firm Gartner’s annual hype cycle, which tracks where tech trends are on their journey from an idea to mainstream usage, today determined driverless [...]
AI could lead to mass unemployment, warns Bank of England August 20, 2018 Widespread reskilling is essential to avert a future in which AI creates long-term unemployment, the Bank of England’s chief economist warned on Monday. Andy Haldane predicted that machine automation will lead to a “hollowing out” of the jobs market “on a much greater scale in the future” than during the revolutions of coal, electricity and computing [...]
An innovation culture is about far more than shiny new tech August 20, 2018 This summer, Airbus became the poster company for business anxiety in Britain. In June, the aerospace giant warned that it might have to consider its future in the UK if we were to crash out of the EU in March 2019 without a deal on trading, saying that the potential outcome would be “catastrophic”, throwing [...]
Gartner Hype Cycle 2017: Artificial intelligence at peak hype, blockchain heads for disillusionment, but say hello to 5G August 17, 2018 The hype around artificial intelligence is at its peak, while those interested in blockchain might be heading for disillusionment. That’s according to Gartner’s annual Hype Cycle, which tracks the progress of emerging technology trends, from early innovation to becoming a household must-have. Deep learning and machine learning are at what it calls the “peak of [...]
Samsung to plug $160bn into new technology in major growth push | City A.M. August 8, 2018 Samsung will boost its investment into tech businesses by $160bn (£123.6bn) over the next three years, in an effort to prop up South Korea’s place in industry while advancing its profit. Samsung Electronics will primarily fund $22bn of that investment to underpin research into artificial intelligence (AI), 5G connectivity, electronic components for automotives and biopharmaceuticals. [...]
Data scientists top the hiring wishlists of the UK’s CEOs | City A.M. August 7, 2018 Chief executives of the UK’s biggest businesses have identified data scientists as the most important workforce capability for supporting their plans for future growth. The skill scored the top spot in 69 per cent of answers by UK bosses, followed by experts in emerging markets and emerging technology. Data compiled by KPMG revealed that the [...]
Blockchain and smart contracts August 7, 2018 Blockchain will do for contracts what email did for communications. Or it won't. Blockchain is one of the most polarising of the current emerging technologies, not just because of the range of views on its use in Bitcoin and other crypto, but also because of its potential application in contracts. So why are people so [...]
The tech sector needs to boost gender diversity and get more women into the industry August 2, 2018 Gender diversity in the technology sector remains a hotly debated topic, amid scandals, global campaigns, and social media movements. Simply put, there is still not enough diversity. Take a look at the US. Examine the employee data for Facebook, Amazon, Apple, and Alphabet’s Google (four members of the illustrious FAANG stocks), and you will find [...]
Project Dragonfly: Google is reportedly building a censored search engine in China August 1, 2018 Google is planning to launch a censorship-friendly version of its search engine via an app in China, following the company’s blacklisted exit from the country in 2010. Codenamed Dragonfly, reports from the Intercept suggest the project has been in the works for a while but received a significant boost after Google’s chief executive Sundar Pichai [...]
Artificial Neural Networks: How to Understand Them and Why They’re Important July 31, 2018 If you dip even a toe into the realm of artificial intelligence, you'll come across artificial neural networks. Artificial neural networks are the systems that power artificial intelligence. Neural networks process vast amounts of information to help create an understanding of what's already right in front of you. People think the key to understanding neural [...]