The Innovation Report
Wells Fargo: Robots to Steal 200,000 Banking Jobs over Next 10 Years
According to a Wells Fargo research report, robots will eliminate 200,000 jobs in the banking industry within the next 10 years. These numbers seem astounding and mind-boggling. However, the robot overhaul has been in motion for some time. While others use the...
How is Machine Learning Changing the World of Education?
This is a big question. I believe that the application of new technologies from the fields of Machine Learning (ML) and Artificial Intelligence (AI) have the capability of transforming education but that there will be more hype than results in the short...
How 5G Will Affect Augmented and Virtual Reality
Widespread deployment of 5G mobile networks could accelerate the adoption of augmented and virtual reality, although wider availability is not the only requirement for VR and AR to thrive on 5G: compelling use cases are also required to make these...
F.A.A. Allows UPS to Deliver Medical Packages Using Drones
United Parcel Service announced this week that it had received a certification from the Federal Aviation Administration to use drones to deliver medical packages at campuses across the country. The certification will allow U.P.S. to use multiple drones to...
Industry 4.0: How IoT Will Inspire New Era of Maintenance Technology
The concept of “maintenance” dates back thousands of years, but most people today see maintenance as inextricably intertwined with technology. As automation increases and we march toward a new era that’s been dubbed Industry 4.0 , many people worry about...
Smart Cities Creating Mass Surveillance Nightmare
More than a million New Yorkers could soon willingly agree to carry a government-issued tracking device, whether they realize it or not. That’s the proposal from Mayor Bill de Blasio, who having recently returned from the cornfield-dotted campaign...
Washington State Hybrid/EV Owners Face New Fee
Beginning this month, hybrid-vehicle owners in Washington state will start paying an annual $75 car-tab fee to finance electric-car charging stations they’ll never use. The little-known increase is labeled “Hybrid Vehicle Transportation Electrification” on bills...
Samsung-Backed Blocko Launches in UAE After Dubai Blockchain Push
Blocko, the South Korean enterprise blockchain provider backed by Samsung, has launched in the UAE after raising funding in Asia Pacific and Europe, the company said. In April 2018, the Dubai government announced the Emirates Blockchain Strategy 2021, where the...
NASA Hiring Engineers to Develop “Next Generation Humanoid Robot”
It’s been nearly six years since NASA unveiled Valkyrie, a state-of-the-art full-size humanoid robot. After the DARPA Robotics Challenge, NASA has continued to work with Valkyrie at Johnson Space Center, and has also provided Valkyrie robots...
Artificial Intelligence System Analyzes Chest X-Rays in 10 Seconds
Researchers from Intermountain Healthcare and Stanford University have built an artificial intelligence system that can detect critical findings in chest x-rays in as fast as ten seconds. The device, called the CheXpert system, is an automated chest x-ray...
