The title was inspired by the 1996 documentary "When We Were Kings" about the heavyweight fight of 1974 between two boxing legends, Muhammad Ali and George Foreman. In the not-so-distant future, it will also be a fitting phrase for many in the banking and insurance industries. Readers may ask themselves why I am talking about banking and insurance in such doom-ridden terms. My bleak forecast does not stem from the notion behind the common fintech (financial technology) and insurtech (insurance technology) industry pitch that they will change their respective industries with innovation and better customer experiences. Although I firmly believe that some of the startups will cause significant pain to the incumbents and will indeed change their respective industries.
In Las Vegas, on August 26, the unbeaten American boxer Floyd Mayweather Jr and the immensely popular Irishman Conor McGregor will face off in a boxing ring, where only striking with hands while standing is allowed. Once the ball is in the air, the brain needs time to process the ball's trajectory and prepare an appropriate course of action, but by the time the body actually executes the required movements in response to these mental processes, the racket will do no more than slice the air, as the ball will have already passed by. The positioning and movements of feet, knees, shoulders and the serving hand in tennis give away clues about the direction and power of a tennis serve. This is illustrated by another unofficial cross-discipline event that occurred 50 years ago between the legendary Muhammad Ali and Jim Brown, National Football League (NFL) legend.
In Las Vegas, on August 26, the unbeaten American boxer Floyd Mayweather Jr and Irishman Conor McGregor will face off in a boxing ring, where only striking with hands while standing is allowed. McGregor isn't a boxer, but he holds the lightweight and welterweight titles in mixed martial arts (MMA), an emerging combat sport where striking and grappling with both hands and legs is allowed, both while standing and on the ground. But scientific evidence from the neuroscience of expertise, an emerging field investigating the brain functioning of experts, warns against betting on an MMA fighter – even one as skilled as McGregor –beating a boxer in a boxing match. Mayweather Jr (pictured) may be 40, and McGregor is not only 11 years his junior but also possibly faster and stronger; but everything we know about the way experts' brains work tells us that the smart money is on Mayweather Jr recording a convincing win The positioning and movements of feet, knees, shoulders and the serving hand in tennis give away clues about the direction and power of a tennis serve.
Boxing is one of the oldest sports known to man. At CES 2017, it got a high-tech makeover with the help of French startup and one of the most well-known names in boxing. PIQ Sport Intelligence, a fresh-faced wearables maker based in Paris, and Everlast, a global maker of boxing and mixed martial arts equipment, announced on Thursday that they would be entering into a partnership to develop the first artificial intelligence wearable device designed to specifically for boxers to help analyze their performance. According to the companies, the device will make use of the PIQ Robot, a tiny and waterproof wearable sensor that tracks user activity. The sensor will take note of the strength and speed of each punch, captured by a motion-capture algorithm technology fine-tuned to track boxing motions, and outputs information about their performance in real-time.
As a Las Vegas native who enjoys watching boxing and has always cursed the exorbitant cost of entry to fights at the MGM Grand, when an invitation to a CES event at Top Rank Boxing Gym appeared in my email inbox, I immediately RSVPed. Top Rank is a legendary boxing promoter, and its gym is where some of the greatest fighters have trained. So I went to the gym after a day of canned press conferences from the world's biggest tech companies to see featherweight Francisco Esparza, a local champion, throw punches in the ring. Esparza was demonstrating a new wearable device from French startup Piq Sport Intelligence, who partnered with 100-year-old boxing gear maker Everlast to develop what it calls Robot Blue. Piq's Robot Blue is a sensor-packed nanocomputer that a boxer or mixed-martial arts fighter slips into a wrap, which is then placed around the hand or the top of the glove.
The heart of the system is the PIQ Robot Blue, which is simply a cheaper version of the same sensor it uses in its other devices designed for tennis, golf and skiing. And that little "nano computer," as PIQ insists on referring to it, is loaded to the gills with multiple accelerometers, a gyroscope and other bits for tracking your motions. To process all the raw data, PIQ has GAIA, an artificial intelligence that can learn to identify and quantify sports performance. By strapping the Robot to top fighters (which PIQ has access to through its partnership with Everlast), GAIA not only can learn how to identify a jab and an uppercut, but can tell the difference between a knockout blow and the sloppy swing of an amateur. To demo the new wearable, PIQ and Everlast lured a few journalists from the chaos of the Las Vegas Convention Center and out to the Top Rank Gym, home to countless legends and current stars of the sweet science, including Manny Pacquiao and Muhammad Ali.
It doesn't take a social scientist to do that part of the work, but it takes a time to do those menial tasks. That's exactly what the Artificial Intelligence startup SoGrow can help SME companies to do by automating menial tasks that are necessary for growth on Twitter. It doesn't matter in what crazy niche you have chosen to become a thought-leader, at least 1 million people from 305 million Twitter users will love it. Like Gary Vaynerchuk wrote his book "jab, jab, jab, right hook" – give, give, give and give more, then you have earned the right to ask.