Mind Matters Natural and Artificial Intelligence News and Analysis

CategoryBusiness and Finance

COSM-3188

Chair of Forbes Media Says Money Is About Trust

Experts forecast the future of money in general at COSM

Facebook wants to start minting its own money. Amazon is said to be thinking about it. Bitcoin has many enthusiasts. But what determines the value of money in a digital age?

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New York, NY - MARCH, 2019: Deepfake Face Manipulation of Asian Male

The AI Revolution Has Come for Stock Art

But we'll still need photographers and models

The new tools allow for a level of customization not previously available. They also allow for a level of anonymization.

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Hong Kong Protesters

How Business in China Becomes Ethically Expensive

Hong Kong raises the cost of rights and freedoms rhetoric steeply. Many advocates are bowing out

Apple had once positioned itself in opposition to Big Brother. The NBA had been a strong advocate of social justice. But with Hong Kong, they suddenly caved to Beijing. What’s at stake?

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Cuboid with Digital Zeros and Ones

How Much Google Do You Really Need?

As more people are becoming concerned about Big Tech’s snooping and apparent political ambitions, practical responses are emerging

Getting away from constant surveillance and dangerous little bubbles of manipulated information is easier than some users may realize, tech pioneers and experts say. You can make simple changes today.

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hype word on digital screen background with world map

If Big Tech Were Spinning Its Wheels, Would We Know?

Not necessarily, says an economics prof who worries about the slowing pace of innovation but not of hype

The slowing Funk refers to is in fundamental innovations like transistors and lasers. The apparent progress often turns out to be in patent applications for a bewildering array of comparatively insignificant mobile phone apps.

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Technocracy Alex Kotliarskyi-QBpZGqEMsKg-unsplash

Anti-Technology Backlash: What’s Real? What’s Myth?

First, the Luddites, who started it all, were smarter than many people think

But there is not much point in being a traditional Luddite today. You don’t want to smash the robot; you want to bring the price down to where you can own a piece of it.

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Stock market Carlos Muza Unsplash hpjSkU2UYSU

The Surprising Importance of a Stock’s Name

Business media have picked up on Gary Smith’s research on the importance of stock ticker names, like WOOF or BABY

The fabled Economist also chimed in, sniffing that Smith’s team’s result was “too farfetched for a sitcom”… but didn’t dispute it.

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Mortgage Tierra Mallorca-rgJ1J8SDEAY-unsplash

Love Math and Computers? Whoops! Love Can Be Blind

The Great Recession shows why we can’t afford to take computers' output at face value

Professors at prestigious business schools and financial engineers with advanced degrees built mathematical models to assess the risks, but their models were deeply flawed.

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Businessman working on Desk office business financial accounting calculate

Can Accountants Survive an AI World?

Accountants, yes. Green eyeshades and masses of paper, mmm, not so much

AI in accounting means that businesses need accountants who can interpret the meaning of the blizzard of numbers more than ever. The successful accountant will increasingly have higher education and show a broad understanding of the business area and environment.

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USA and China trade war. US of America and Chinese flags crashed containers on sky at sunset background. 3d illustration

US vs. China: Trade Wars Kill Businesses Rather Than People

That’s why we don’t hear so many songs about them

Trade wars are important even if they often sound boring compared with other news. One panel at COSM will examine the underlying issues in the ongoing trade spats between the United States and China.

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5G network wireless systems and internet of things with modern city skyline. Smart city and communication network concept .

3G? 4G? 5G? What Gs Are These?

An expert COSM panel will fill us in on what the latest Generation of the internet (5G) and block chain offer us

The panelists include Jules Urbach, creator of the web’s first 3D video game platform, described by George Gilder as “the most inventive software engineer he has ever met.”

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Cash For Your Data Won’t Solve Big Tech Privacy Issues

It seems like such a great idea… at first. But how do you know what the data is really worth?

Privacy is a fundamental right tied to the person, rather than something on which a price tag can be placed, which can be sold for a fistful of dollars.

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Friends talking to each

Facebook Gets Rich Off What We Tell Our Friends

Social media pioneer David Gelernter also has a proposal for sharing the wealth more fairly

Yale University computer science prof David Gelernter, “a leading figure in the third generation of artificial intelligence” (Edge.org). social networks pioneer, and Unabomber survivor, discusses his idea in a podcast at The Federalist Radio Hour.

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Popping water balloon / highspeed image
Popping water balloon / highspeed image

Fast Facts re the Google, Facebook Anti-Trust Probes

The 48-state pile-on comes just before an election year

The accusations by American states of a Big Social Media stranglehold on advertising come on the heels of the European Union fining Google $billions in recent years for anti-competitive activities.

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Chinese money (RMB).

The Unadvertised Cost of Doing Business with China

It’s a big market, with one Big Player, and some strange rules

In China, censorship includes democracy, human rights, sex, George Orwell’s 1984, and Winnie-the-Pooh (because the stuffed literary bear has been compared by some Chinese bloggers to their President). Such censorship, say many, minimizes the value of the internet.

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Orange robots carrying pallets with goods in modern warehouse. Modern delivery center concept. 3D rendering image.
Orange robots carrying pallets with goods in modern warehouse. Modern delivery center concept. 3D rendering image.

They Say the New Delivery Service Is a Robot…

But of course there is a human (many, possibly) in the loop

Why do some PR agencies think it is so important that we forget the fellow human beings who help us, using robotic devices?

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MP voting
Member of Romanian Parliament is voting by raising his hand

Will Government Intervention Solve High-Tech’s Problems?

At the COSM summit in October, a Wall Street Journal columnist will make the case for no

Andy Kessler, Inside View columnist at The Wall Street Journal “on technology and markets and where they intersect with culture,” is a skeptic of Big Regulation. He has seen the issues from a variety of positions, having been both a software designer and an investment broker.

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Photo by Brett Jordan
Book with fold-out, pop-up

Pop-Ups? Just Say “No” — and Close Those Tabs

Making the internet work for YOU means, among other things, getting control of who can follow you around

If allowing these notifications sounds like a perfect avenue for an attacker, that’s because it is. This attack surface is a very large hole in the security of your computer.

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White polymer clay sheep gather around an electronic circuit on a blue background

Computers’ Stupidity Makes Them Dangerous

The real danger today is not that computers are smarter than us, but that we think computers are smarter than us

Many marketing decisions, medical diagnoses, and stock trades, loan and job applications, and election strategies are evaluated by computers. But, as my little experiment shows, the computer does not know whether a pattern is information or noise.

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