In 2003, Keith Rabois, a longtime Silicon Valley investor and executive, had an ambitious idea: He wanted to start a website that would instantly offer a fair price for your home. If you accepted the offer, the site would agree to buy your house immediately, closing the deal in a matter of days.
Tech companies and app developers everywhere are breathing a sigh of relief after Monday’s major Supreme Court ruling on a topic that’s close to their hearts: patents. More specifically, patent lawsuits — a rising number of which analysts say are bogus and threaten to strangle new start-ups and inventions before they have a chance to succeed.
There are some specific steps Wisconsin policymakers can – and should – take to improve its business startup rate, which once again anchored the bottom of the Ewing Marion Kauffman Foundation’s annual index. The real reasons for Wisconsin’s quasi-permanent status as a Kauffman bottom-feeder, however, likely have more to do with who we are as a people versus what state or local government can do.
Wisconsin Governor Scott Walker issued an executive order on Thursday to create a steering committee, which will look into autonomous cars and connected vehicles.
The committee will research and evaluate all aspects of autonomous cars and submit policy recommendations to the Governor’s office by the summer of 2018.
In healthcare, machine learning may yield fast, accurate insights. But humans are still better able to detect ridiculous anomalies and discover problems that machines have not yet learned to detect.
Artificial intelligence applied to the right tasks can reveal insights that wouldn’t otherwise be surfaced, and do it faster than manual human efforts. But there are still some tasks that humans perform better than machines.
You’ve paid dearly to start and grow your business; the steep tuition of success that only an entrepreneur will ever understand. So, you would never do anything to sabotage your businesses, right? Well, not intentionally. But in my own personal experience and in working with hundreds of startups it’s clear to me that there are at least seven critical areas where entrepreneurs make mistakes that may cost them their business or severely limit its value and chances for growth.
IBM’s Watson first made headlines in 2011 when it was on the “Jeopardy” TV game show, and now it is boldly going to the final frontier, with the new Sony PlayStation virtual reality game “Star Trek: Bridge Crew.” IBM and game developer Ubisoft on May 11 announced that Watson VR Speech Sandbox will enable players to communicate in the new virtual reality game via voice.
When the U.S. Food and Drug Administration announced in April that it would let 23andMe market its Personal Genome Service Genetic Health Risk tests directly to consumers, it was seen as a victory for consumers to be more proactive in their healthcare and lifestyles.
Indeed the tests would assess the patient’s likelihood of inheriting 10 different diseases, like Parkinson’s and Alzheimer’s.
But there’s one major problem.
Germany has always been a place for industrial invention and innovation, reflected by the creation of the concept of “Industrie 4.0” by the German Government.
Last week saw Europe’s leading technologists involved in the digitalization of industry bought together at Hannover Messe to showcase their answers to the key question faced by industrial enterprises everywhere: How can I best get my company into shape for the digital future?
The Xconomy San Diego Forum on the Human Impact of Innovation offered a window into how information technology and science, marching hand-in-hand, will shape healthcare. “IBM’s Watson is not the only breakthrough game in healthcare,” was the best summary of the afternoon.
Today’s unpredictable markets demand that as you maximize performance from your current business model, you must in parallel be designing and developing new business models to disrupt the current cash generators. Otherwise, start-ups will turn your company into a dinosaur.