Modern AI approaches often work like black boxes: nobody really knows why things work the way they work. Offering explanations why an AI system came to a conclusion is certainly needed. The article by Daniel S. Weld and Gagan Bansal [1] studied two approaches that are promising: using an inherently interpretable model, or adopting an […]
Monthly Archives: May 2019
Opinion: Data isn’t the new oil — it’s the new nuclear power | ideas.ted.com
Interesting thoughts by James Bridle on data which is often compared with oil: Data is a valuable, powerful commodity — but unlike oil, it is unlimited in quantity and in its capacity for harm. Source: Opinion: Data isn’t the new oil — it’s the new nuclear power
Hidden Heroines of Chaos: Ellen Fetter and Margaret Hamilton | Quanta Magazine
The untold story of two women who played an essential part in developing chaos theory [1]. While a lot has changed since 1960ies still many programmers leave science – not because their role isn’t appreciated, but because of better compensation in industry. Accordig to Alyssa Goodman from Harvard: In the 1960s, there was no such […]
Almost 80% of AI and ML Projects Have Stalled, Survey Says – Robotics Business Review
Doing an AI project is hard. The main obstacle is the volume and quality of the training data, so Nathaniel Gates, CEO and co-founder of Alegion While large companies (more than 100,000 employees) are the most likely to have an AI strategy, only 50% of them currently have one, according to MIT Sloan Management Review. […]
Consumers Who Use Mobile Are In-Store Shoppers | PYMNTS.com
social-sharing-top Encourgaing your customers to use their mobile on the premesis is good for brick and mortar stores [1]. This goes against the conventional wisdom that mobiles will kill brick and mortar businesses. This and more can be found in the Remote Payments Study by PYMNTS. They collected and analyzed survey data from 2,300 American […]
Progressive Web Apps make you independent
The HUAWEI ban of the US government has illustrated how volatile the Android App distribution system, i.e., Play Store, really is. The same is true for the iTunes App store. Whenever there is a single private company in control of the App distribution channel and this company is forced to follow sanctions, it cuts millions […]
How Aldi, a brutally efficient grocery chain, is beating Walmart on low prices – CNN.com
Interesting CNN [1] article about Aldi driving changes in the US supermarket industry. Walmart regards Aldi as “fierce,” “good” and “clever” competitor. Aldi’s price war is driving second and third tier grocery stores into bancrupcy. Mikey Vu, partner at Bain, states that “We haven’t seen a disrupter in the grocery space like this in a […]
To Queue or not to Queue
If you need to know how important a good customer experience is, recent research from Ayden and Adobe [1, 2] provides you with concrete numbers. The overall number is staggering: bad customer experice cost British retailes up to £102 billion (!) every year. In this regard, queues in-store stand for 11% of lost revenues, costing […]
The New Mall Tenant Is Your Office – The New York Times
Interesting NYT article on how shopping malls are converted into offices giving them a second life. If you think about it for a minute, it makes actually a lot of sense: shopping malls are on good locations and offer infrastructure like access to public transport and parking spaces. I won’t be surprised if we won’t […]
Fallacies and Pitfalls in building (hybrid) Progressive Web Apps
We’ve rolled out our first wave of (hybrid) Progressive Web Apps (PWAs) to our customers during the last couple of weeks. Using a PWA based approach speeds up the development process for sure, however building hybrid PWAs which run a native web container had some challenges. Design Considerations Before we started to implement the hybrid […]