Robots

Uber Eats + CDO + Robots + Asia VC + Crack Pie

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Uber Eats will deliver to your airport gate: Passengers at Toronto Pearson airport will be able to order food and have it delivered to them at the gate. Launching in Q3 of this year, the pilot program is a joint collaboration between Toronto Pearson, the airport restaurant operator HMSHost and Uber Eats. Customers can order from a selection of restaurants including Caplansky's Deli, Paramount Fine Foods, Smoke's Burritorie, Smashburger or Fionn MacCools.

Rise of the Chief Data Officer (CDO): A new C-suite role is getting traction, and by 2019 it's expected that 90% of large global organizations will have a Chief Data Officer (CDO) on their teams.

According to Pew Research, 91% of Americans “agree” or “strongly agree” that people have lost control over how personal information is collected and used.

By 2025, it’s estimated that 463 exabytes of data will be created each day globally – that’s the equivalent of 212,765,957 DVDs per day.


The robots that manage the managers: More companies are turning to AI-driven apps that aim to help newer bosses with reminders and tips on how to maintain a well-run office. https://on.wsj.com/2V1U2mF

Asia VC cash: Last year, $81 billion was invested in VC-backed startups in Asia across more than 5,000 deals. That's an increase of almost 12x in funding to Asia-based startups since 2013.

After complaints that it made light of drug epidemic, Milk Bar renames its famous Crack Pie: WP reports, Chef Christina Tosi wrote that the old name was “getting in the way of letting the gooey, buttery slice bring happiness — my only goal in creating the thing in the first place.”

Robots + CBD + Space + 4IR + Personal IPOs

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Walmart is rolling out the robots: WSJ reports, retailer to expand use of machines to scan shelves and scrub floors as it seeks to keep labor costs down.

Droids > Drones

In New York, confusion reigns in the emerging CBD edibles business: Reuters reports, the New York City crackdown highlights the inconsistencies that have emerged in federal, state and local rules governing CBD, bewildering the small but growing number of businesses selling edibles in New York and other states.

Blamed for climate change, oil companies invest in carbon removal: NYT reports, Chevron, Occidental Petroleum, and BHP have invested in a start-up developing technology to take carbon out of the atmosphere.

@SpaceAngels: The Q1 2019 Space Investment Quarterly is now live! In the first quarter alone, $1.7B of equity capital was invested into Space companies, nearly double the amount deployed in Q4 2018. Download the entire report here: http://bit.ly/Q12019SIQ 

Peter Layton: Prototype warfare in the fourth industrial age: A new industrial process is rapidly emerging.  This fourth industrial revolution (4IR) based on hyper-connectivity brings with it both continual – indeed relentless – innovation and the possibility of practical large-scale prototype warfare. The interweaving of the second and third industrial revolutions is creating the fourth. This new deep integration allows a continuous and cyclical flow of information and actions between the physical and digital worlds. http://bit.ly/2UHTFxt

College grads sell stakes in themselves to Wall Street: Bloomberg reports, instead of taking out loans, students can agree to hand over part of their future earnings in return for investment.

It's the age of the Personal IPO.

Telemedicine + Urgent Care + Brain Map + Robot Humor + Automation

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Telemedicine + urgent care use on the rise: STAT reports, a new white paper released today from the nonprofit FAIR Health looked at medical pricing and other health care trends from 2012 to 2017 and found that people in the US used more telehealth services and urgent care centers in 2017 than during the previous year. Here’s a closer look at the report’s findings:

Telehealth: Use of telemedicine services grew nationally by 53 percent between 2016 and 2017, with 55 percent growth in urban areas and 29 percent growth in rural areas. Oklahoma had the most telehealth usage, New Jersey the least.

Urgent care centers: The use of urgent care centers in urban areas increased by 15 percent in 2017 compared to 2016, while staying the same in rural areas. The average price per 30-minute visit was most expensive for urgent care centers, at $213, compared to $207 in a doctor’s office and $129 in a retail clinic.

Goals and rewards redraw the brain’s map of the world: Two new studies show that the brain’s navigation system changes how it represents physical space to reflect personal experience. http://bit.ly/2JW6EYq

A robot walks into a bar, doesn’t get the joke: struggling to teach humor to AI https://lat.ms/2JYRilK

Japan's big banks to slash hiring of new graduates in 2020 due to automation: Japan Times, major lender MUFG Bank plans to hire only 530 new graduates next April, down about 45 percent from this year, according to informed sources. Sumitomo Mitsui Banking Corp. and Mizuho Financial Group Inc. also plan to slash their hiring of new graduates.

Body Language + Silicon Valley + Power Suits + Robot Receptionists + Gas Guzzlers

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Smile, you're on camera: Japanese company Vaak developed software that uses artificial intelligence to detect body language suggesting someone intends to shoplift and alerts staff so they can intervene. 

New York, Beijing chip away at Silicon Valley: Growth of digital tools at companies world-wide is set to unseat the world’s go-to technology hub, a KPMG survey finds.

"Nearly 60 percent believe that it is likely or very likely that the technology innovation center of the world will move from Silicon Valley by 2023."

Read the 2019 Technology Innovation Hubs report - click here.

It's over - The end of tailor-made power suits and leather-soled shoes: Goldman Sachs is shifting to a more casual working style. The investment bank has told its 36,000 staff that the time is right to relax its dress code to “create a welcoming environment for all.” Although suits and ties are now optional employees are still expected to dress smartly for business meetings, with the bank advising that they wear attire that is “consistent with your clients’ expectations.”

Michael Skapinker: Are robot receptionists the future of hospitality? Automation may be fashionable — but never underestimate the value of human contact. https://on.ft.com/2EBWzKn

China's Hainan province to end fossil fuel car sales in 2030: AFP reports, China's southern Hainan island will end sales of fossil fuel-only cars in 2030, officials said, becoming the first province to announce a target end date for a transition away from gas guzzlers. Beijing announced plans in 2017 to phase out petrol vehicles across the nation, but it did not set a date, as the country aims to cut pollution and reduce its dependence on imported oil.

Did you know? Single-use bottles + Robots + Venice

Glastonbury festival bans sale of single-use bottles: The Glastonbury festival will ban the sale of single-use plastic bottles this year, it said yesterday. Plastic bottles will not be supplied backstage, in dressing rooms or to production and catering staff, according to its website.

US companies put record number of robots to work in 2018: Reuters reports, US companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants.

Venice imposes entry fee for day-trippers: DW reports, from May, millions of day trippers to Italy's ancient, lagoon city will have to pay an entry fee. The price is set to double in 2020 and be used to keep the ancient islands clean.

There are 25 million visitors to the city of Venice in northern Italy each year. Of these about 14 million stay just for a day, and often bring their own picnics.