What Data Scientists Like and Hate in their Jobs

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Source: ZDNet and CrowdFlower

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FinTech: South Korea, China, Thailand Lead in Mobile Payments

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Source: Global Web Index

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Artificial Intelligence (AI) in the Enterprise

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Data is Eating the World: 163 Trillion Gigabytes Will Be Created in 2025

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Source: Data Age 2025

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How Companies Are Using IoT Now

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Source: ZDNet

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What Americans Know about Cybersecurity?

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Source: Pew Research

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Progress in AI and its Future Development

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A.T. Kearney:

AI has achieved recent performance breakthroughs across numerous cognitive applications (Figure 7), from image classification to pattern recognition and ontological reasoning. This progress is due largely to convergent advances across three enablers: computing power, training data and learning algorithms. To illustrate this, automated
image recognition and classification has improved in accuracy over the past decade, from 85% to 95% (a human averages 93%), allowing such algorithms to progress from being novelties to enablers of real innovations, such as autonomous transportation for warehouse order picking.
Solutions are currently trained on millions of image data, a 100-fold increase compared with a decade ago. They are powered by specialized graphics processing unit chips that
are more than 1,000 times faster, and five to ten times more  complex (based on a 150 to 200-layer neural network) than those of previous generations. Computing and storage costs have declined commensurately by an average of 35% year on year.
In the near future, AI will build on adoption enablers to unlock faster, smarter and more intuitive applications, although progress will probably be confined to broad  adoption of narrow, context-aware intelligence across domains. The chasm separating narrow and general intelligence is believed to represent a fundamentally different set of learning algorithms and non-deterministic computing architecture compared with what exits currently.
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Car Pool of the Future: 11 Million Shared Driverless Cars by 2030 and 35 Million Car-Sharing Registered Users by 2021

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ABI Research:

Fully driverless technology will spark a transformation of personal mobility, enabling consumers to abandon costly vehicle ownership and summon shared vehicles when needed. ABI Research predicts that this will transform the vehicle interior, which car manufacturers will design to be reconfigurable per the individual needs and preferences of whoever is using the vehicle at the time…

ABI Research forecasts that there will be more than 11 million shared driverless vehicles operating on the roads globally by 2030, serving an average of 64 users per shared driverless vehicle.

Boston Consulting Group:

The size of the urban population and the number of licensed drivers will determine the growth of car sharing in Europe, North America, and Asia-Pacific.

In Europe, some 81 million people will be living in large urban areas in 2021, 46 million of whom will have a valid driver’s license. About 14 million people will be registered with a car-sharing service and 1.4 million of them will be heavy users who take multiple trips per month. The North American urban population is expected to reach 50 million by 2021; 31 million people will be licensed drivers, of whom 6 million will be registered users of a car-sharing service. Some 600,000 people will be heavy users. Asia-Pacific’s urban population will grow to 253 million, and there will be 75 million licensed drivers. Roughly 15 million will be registered with sharing services, and 1.5 million will use them for multiple monthly trips.

 

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Big Data Landscape 2017: Big Data + AI = New IT Stack

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Matt Turck:

We’re witnessing the emergence of a new stack, where Big Data technologies are used to handle core data engineering challenges, and machine learning is used to extract value from the data (in the form of analytical insights, or actions).

In other words: Big Data provides the pipes, and AI provides the smarts.

Of course, this symbiotic relationship has existed for years, but its implementation was only available to a privileged few.

The democratization of those technologies has now started in earnest.  “Big Data + AI” is becoming the default stack upon which many modern applications (whether targeting consumers or enterprise) are being built.  Both startups and some Fortune 1000 companies are leveraging this new stack…

Often, but not always, the cloud is the third leg of the stool. This trend is precipitated by all the efforts of the cloud giants, who are now in an open war to provide access to a machine learning cloud.

 

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The Value of Online Personalization

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