Asia
The Chinese Mobility-As-A-Service Opportunity Is Booming
According to ARK's research models, China will become one of the largest markets for autonomous mobility-as-a-service, reaching $2.5 trillion by 2030. At the same time, automobile sales in China could fall below expectations as a result of autonomous taxi services. Automakers with large exposure to China should launch autonomous cars in partnerships with local players as soon as possible to capitalize on this rapidly emerging trend, especially as the Chinese government is likely to favor local players, granting them natural geographic monopolies. Mobile app-based ridesharing services have flourished in China relative to those in most countries. India is not far behind, as shown below.1
Xbox update: Latest software lets players to jump into game downloads much faster
Xbox games are going to start arriving a lot faster, with a brand new update. From now, players will be able to jump into playing new games as they are arriving. The technology, called FastStart, should allow people to start playing games after they've bought them twice as fast as before, Microsoft said. The feature will arrive in the new July update, which is being pushed out to Xboxes now. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph.
AI Hype vs. Reality - Iflexion
While the entertainment industry has certainly played its part in influencing the public mindset when it comes to technology, thought leaders and tech industry heavyweights are increasingly weighing in and putting their money where their mouths are by investing in the latest and greatest technological advances. This is especially true when it comes to AI. As one of the hottest talking points on the internet, AI is a subject that everyone seems to have an opinion on. However, few people get their information about AI from scholarly resources or those who actually use AI in the course of their work or research. To gain a better understanding of what AI really is (and what it isn't) we need to break down some of the most common myths about this 21st-century tool.
Alibaba Uses AI to Pick Out Outfits at Hong Kong Concept Store
Alibaba Group Holding, China's biggest e-commerce player, has launched a concept clothing store in Hong Kong that uses artificial intelligence technology and algorithmic data analysis to provide outfit suggestions. The Hangzhou-based firm opened the FashionAI concept store on the campus of Hong Kong Polytechnic University on Wednesday, state-backed China News Service reported. The outlet will stay open until June 7. Compared with the undifferentiated experience of traditional clothing stores, personalized customization can better meet the needs of consumers, the company says. Alibaba chose Hong Kong not only because of the position of the special administrative region as a fashion hub but also to better spread the new concept to the world, said Lei Yin, head of Fashion AI.
Do You Fear Artificial Intelligence Will Take Your Job?
Artificial intelligence (AI) has been around longer than most people realize. The intent behind much of AI is to free us from mundane repetitive tasks, giving us more time to grow our intellects and businesses, with more interesting, evolving actions. We want what we want when we want it. AI offers us that access with speed and accuracy when we need it. In London, self-driving robots deliver food.
Fortnite Playground mode to be removed ahead of major changes to game
Fortnite's "Playground" mode is already being removed from the game – to make way for a better one. The special game mode allows people to play without the imminent threat of death, allowing people instead to take their time inside the game. That can be useful either for working out how the game works, or trying out some of its less competitive features like building without worrying about being killed. But after a delayed launch, developers Epic have announced that the mode will be removed from the game on 12 July. That will stay the case "as we take it back under construction for the next version", according to developers, after which it will return again.
Nasscom opens Centre of Excellence for Data Science and AI in Bengaluru
Indian IT industry apex body Nasscom on Thursday opened a Centre of Excellence for Data Science and Artificial Intelligence (AI) in Bengaluru. The centre was set up in collaboration with the Karnataka government with an aim to nurture innovation in emerging disruptive technologies such as AI and to leverage the power of data science, Nasscom said in a statement here. "Karnataka has led the Information Technology (IT) revolution in India and the state has also been fostering entrepreneurial spirit. The centre is the step required to propel the data sciences and AI to make India as a destination for global product solutions," Nasscom President Debjani Ghosh said on the occasion. Nasscom has also signed an agreement with government think-tank NITI Aayog to collaboratively foster applied research, accelerating adoptions and ethics, privacy and security, the statement added.
All I Want Is a Robotic Air Conditioner
Northern California weather is pretty temperate. You can get by with a lack of central air conditioning, which is good news since nary a single place I've lived in the Bay Area has had it. But in the summer, there are sweltering days where the heat feels inescapable. While I don't wish I had central air, I do wish I had something better than a box fan for those hottest weeks, something that would follow me around while perfectly streaming air at my dew-drenched face. What I want is a robotic fan.