The digitization of payments is a necessary stepping stone in hauling anti-corruption systems into the 21st century. By leveraging payment data and advanced analytics, governments could save up to $1 trillion worldwide.
Over the period 2012-2016, Goldman Sachs estimates that total AI investment in the U.S. were about $18 billion, compared with only $2 billion in China — big advantage to America. But by 2020 China intends to invest about $150 billion in AI — looming enormous advantage to China.
eMarketer estimates that 82.5 percent of U.S. digital display advertising spending will be transacted programmatically this year. Of all that programmatic spending, only a little more than half actually ends up paying for media.
Digitalization has found its way into timber construction, with entire elements already being fabricated by computer-aided systems. The raw material is cut to size by the machines, but in most cases it still has to be manually assembled to create a plane frame.
via ETH Zurich
Hundreds of millions of Facebook users are likely to have had their private information harvested by companies that exploited the same terms as the firm that collected data and passed it on to Cambridge Analytica, according to a new whistleblower.
via The Guardian