Feb 6 – 5 Key Stories From The Digital World

By February 6, 2019 Insight

1. If your flight is delayed, these AI lawyers and bots can help you get compensated

  • AirHelp’s first AI lawyer, Herman, reviews travel claims that enter the legal stage, and Lara, who can process more complex cases (Lara makes legal recommendations with a 96% accuracy rate)
  • Testing began in 2018, and these bots currently assess 30% of claims with 95% accuracy
  • AirHelp notes that its AI employees have helped fuel the company’s growth from three to almost 700 human employees in just six years, while saving AirHelp’s legal team 1,960 hours of work every month and letting the humans on staff focus their energy on growth and development

2. Healthcare by 2028 will be doctor-directed, patient-owned and powered by visual technologies

  • Much of the digitized data across healthcare will be visual and the technologies that capture and analyze it are visual technologies.
  • RPM devices, like we are seeing with the Apple Watch, will be a primary source of real-time patient data used to make medical decisions that take into account everyday health and lifestyle factors.
  • Smaller sensors and computer vision-enabled image capture will lead to imaging devices that are being redesigned a fraction of the size

3. What’s Next for the Multi-Billion Dollar Crypto Exchange Industry?

  • With an estimated daily profit north of $3 million by the top ten exchanges, they are undoubtedly some of the most profitable businesses in the cryptocurrency space, only trumped by the imperious mining industry
  • Earlier this year, Goldman Sachs subsidiary Circle spent about $400 million on acquiring the U.S. based cryptocurrency exchange Poloniex. Moreover, stock market heavyweight NASDAQ disclosed the intention to become a cryptocurrency exchange itself a few months ago.
  • The tokenization of financial assets, such as stocks and other securities, represents a promising business field — global securities market valued around $15 trillion — with the potential to disrupt the entire stock market itself.

4. Scientists find new and smaller CRISPR gene editor: CasX

  • In a mere seven years, Cas9 has shown itself to be a formidable gene editor, employed in humans, plants, animals and bacteria to quickly and accurately cut and splice DNA, transforming biology and opening new avenues for treating disease.
  • CasX can cut double-stranded DNA like Cas9, can bind to DNA to regulate genes, and it can be targeted to specific DNA sequences like other Cas proteins.
  • CasX’s minimal size, with no fat on the bone, helps to clearly demonstrate there is a basic recipe that nature uses…Understanding this recipe will help us to better evolve and engineer genome editing tools for our purposes rather than nature’s.”

5. Tech Trends To Watch In 2019

  • A tech trend to watch in 2019 is the adoption of retail moments by major brands in new offline spaces, like the car, the office, or the gym.
  • Currently, last-mile delivery accounts for roughly 30% of the total costs of delivering a good. Major grocery stores and retailers have already started piloting autonomous vehicles for last-mile delivery across the US.
  • In July 2018, Epic Games’ free-to-download game Fortnite hit $1B in sales, entirely from in-game purchases. The craze around digital goods and collectibles is a tech trend that will continue into 2019.