Jim Harris

Jim Harris

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MY POSTS

Digital services data traffic will grow by 13-fold between 2020 and 2030. Without energy efficiency improvements, the industry's energy consumption and carbon dioxide emissions will grow 2.3-fold, according to third party research. (name the 3rd party) ‍

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Lemonade is disrupting traditional insurers in an industry that takes weeks, or even months, to settle most property and casualty insurance claims. A New York-based insurer, Lemonade set the world record in December 2016 for settling a claim in just three seconds by using its claims bot powered by artifcial intelligence (AI) running 18 fraud algorithms. The customer, Brandon Pham, clicked the “submit” button for a $979 claim for a stolen Canada Goose Parka. Just seconds later, the claims bot texted him that his claim was approved and payment instructions had been sent to the bank.

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Our relationship to computers is profoundly shifting. Like Jean-Luc Picard in Star Trek, within a few short years most of us will primarily interact with technologies — smartphones, computers, smart home devices and our cars — by speaking to them. We are leaving the era of the GUI (graphical user interface) and entering the era of the AUI audio user interface)

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For the first time, global digital spending will exceed $1 trillion in 2018. And surprisingly, just three product categories make up 75 percent of this global expenditure: smartphones (48 percent); TVs (12 percent); and mobile PCs/tablets (15 percent).

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A STAGGERING 94% OF CAR ACCIDENTS ARE DUE TO DRIVER ERROR. So think about the 40,000 lives that will be saved in North America every year in 2025 when all new cars are autonomous (self-driving) vehicles. Think of the 2.5 million people who won’t be maimed or seriously injured annually. Think of the emotional trauma that families will be spared. That’s the GREAT news. There’s also $190 billion of savings in health care costs, the value of lost wages and government benefits. (Globally 1.3 million lives will be saved every year and up to 50 million people will be spared serious injuries).

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At CES 2018 companies made many exciting announcements about how TVs are evolving. LG unveiled the world’s first TV that can be rolled up like paper – a 65-inch Ultra High Definition (UHD) OLED. Samsung showed off a 146-inch MicroLED TV that was appropriately called “The Wall.” These two companies, with roughly 30 percent combined market share, are driving the market. While both models are futuristic (neither is commercially available), they show us a vision of where TVs are going. On one hand TVs will literally be flexible, and on the other, they will be HUGE.

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Google, Facebook, Amazon and Uber are data-driven companies. AI is central to their business models, top line revenue and profitability. Google looks at the sites you visit, what you discuss in Gmail and predicts which ads would best serve you. Facebook knows your interests, your network of friends and predicts which ads you are likely to click on. Amazon knows your purchasing history and predicts what you want to buy next.

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