Author Archives: GilPress
Hal Varian on Intelligent Technology
By Hal Varian, Chief Economist, Google Published on IMF.org A computer now sits in the middle of virtually every economic transaction in the developed world. Computing technology is rapidly penetrating the developing world as well, driven by the rapid spread … Continue reading
Startups Disrupting Healthcare with AI and Machine Learning
CB Insights: We identified over 90 companies that are applying machine learning algorithms and predictive analytics to reduce drug discovery times, provide virtual assistance to patients, and diagnose ailments by processing medical images, among other things. A few investment highlights: … Continue reading
The U.S. Artificial Intelligence Market
The New Artificial Intelligence Market by Aman Naimat, published by O’Reilly: There are only 1,500 companies in North America that are doing anything related to AI today, even using its narrow, task-based definition. That means less than one percent of … Continue reading
Big Auto Self-Disruption
CB Insights: Traditional automotive OEMs have begun making deals at a frantic place, seeking to remedy their shortcomings in auto tech and ride-hailing disciplines. Using CB Insights data, we mapped out the key auto tech partnerships, investments, and acquisitions of these … Continue reading
Google 1 Yahoo 0
Many of the obituaries for Yahoo have contrasted its demise with the flourishing of Google, another Web pioneer. Why was Google’s attempt to “organize all the world’s information” vastly more successful than Yahoo’s? The short answer: Because Google did not organize the … Continue reading
Inherited Wealth in Europe and the U.S.
Bloomberg: More than one-third of Italy’s richest people inherited their fortunes, compared with just 29 percent in the U.S. and 2 percent in China, according to a 2014 study of the world’s billionaires by the Peterson Institute for International Economics. Germany has the … Continue reading
30% of internet data usage at home comes from phones and tablets, up from 9% in 2012
Recode: Sandvine, a broadband services company, says that 30 percent of internet data usage at home comes from phones and tablets. That’s up from 20 percent in 2013 and 9 percent in 2012.
China: Increasing Investments in AI, Big Data and Digital Health
Gartner: Despite the slowdown in GDP growth to 6.9 percent in 2015, China is still making aggressive investments to drive the adoption of high technology by local enterprises and organizations, according to Gartner, Inc… The massive consumer base and the … Continue reading