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Cash is on the verge of extinction in these countries

September 30th, 2016 at 7:02 am » Comments Off

My dad, a former Wall Street trader always advised me “cash is king” and to “hold on to it” when the economy gets tough. But in the Netherlands, cash is definitely not getting the royal treatment. In so many places, it has simply ceased to be recognised as legal tender. More and more Dutch stores, […]

Construction Expert Says Robots Will Cause Thousands of Builders to Lose Their Jobs

September 30th, 2016 at 6:35 am » Comments Off

Skyscrapers in the City of London could soon be built by robots rather than by people, according to the boss of one of the UK’s biggest construction firms. The result would be huge productivity gains as more work could be done by fewer people – but also mass layoffs as traditionally labour-intensive construction projects hire fewer and fewer […]

Google’s New Translator Works Almost as Well as Humans

September 29th, 2016 at 6:36 am » Comments Off

A jump in the fluency of Google’s language software will help efforts to make chatbots less lame. Google’s latest advance in machine learning could make the world a little smaller.

Machine Learning: What Companies Get Wrong

September 29th, 2016 at 6:29 am » Comments Off

People want it—but don’t understand it. If you had to pick a tech industry buzzword for 2016, “machine learning” would be a good choice. Every other company, it seems, is packing the phrase into their pitches, and it’s having an effect.

Uber plans self-flying drone taxis

September 28th, 2016 at 6:44 am » Comments Off

If you summon an Uber in 10 years’ time, you will probably get a car that drives itself. But then again, you may not be travelling in a car at all. The taxi-hailing app is working on technology that would allow airborne passenger drones to fly its users short distances around cities, it has emerged, […]

Six Global Banks Lead Standardizing Global Payments via Blockchain

September 28th, 2016 at 6:37 am » Comments Off

Starting a modern payments network underpinned by Ripple and supported by rules and governance for global settlement. Ripple, which earlier this month completed a $55 million Series B financing round, has announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed ledger (blockchain) financial technology.

Fuel cells about to power the drone industry

September 27th, 2016 at 6:44 am » Comments Off

Just as their commercial use begins to spread, fuel-cell technology is improving the way drones are powered Canadian companies are placing big bets on a better way of powering drones. So far these stealthy units — long used by military forces for intelligence-gathering, surveillance and striking targets — have been powered by internal combustion engines or lithium polymer batteries.

Swap-In Wheel Converts Your Normal Bicycle Into An Electric Bike

September 24th, 2016 at 6:35 am » Comments Off

GeoOrbital has set a brand new spin-on the traditional bike wheel. It’s basically a battery powered tire that may easily be changed for that unique regular wheel inside your bicycle. GeoOrbital’s creators had formerly been subjected to cutting edge technical developments within the transport site. Having dabbled within the manufacturing of spacecraft at Honda at […]

One Important Way To Think About Your Job

September 22nd, 2016 at 6:28 am » Comments Off

As we are entering the third Industrial Revolution, more and more of our jobs will be replaced by robots and algorithms. Some estimates claim that 5 million jobs or more will be lost to machines by 2020. And it’s not science fiction or paranoia; as advances in big data, deep learning, robotics, and artificial intelligence […]

Plastic Surgeons Can Now 3D Print Your Future Nose Job

September 22nd, 2016 at 6:13 am » Comments Off

Whether it’s rhinoplasty or breast augmentation, the general timeline of a cosmetic surgery consultation is relatively consistent: a patient walks in with an idea—often equipped with pictures—and a plastic surgeon outlines what they can do. Historically, doctors have evolved from sketching proposed changes to embracing two-dimensional imaging on computers to incorporating 3D imaging. Now, some […]

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