May 29 – 5 Key Stories From The Digital World

By May 28, 2019 Insight

1. Hollywood Is Quietly Using AI To Help Decide Which Movies To Make

  • licenses historical data about movie performances over the years, then cross-references it with information about films’ themes and key talent, using machine learning to tease out hidden patterns in the data
  • Model out both scenarios with Emma Watson and Jennifer Lawrence, and see, for this particular film … which has better implications for different territories
  • impossible to say whether Netflix’s boasts are justified, but the company claims its recommendation algorithm alone is worth $1 billion a year

2. A new look at autonomous-vehicle infrastructure

  • With the right infrastructure to enable shared mobility, multipassenger robo-taxis could account for 500 billion miles traveled on US roads—about 9 percent of the total—by 2030
  • Real estate previously dedicated to parking could be repurposed into commercial or residential properties
  • These improvements, in combination, could produce economic benefits totaling $850 billion annually

3. Adaptive Enterprises Are Growing At 3x Faster Than Competitors

  • While agile is a good delivery strategy within a set business model, our research finds that to stay ahead of technology-human loops, enterprises must proactively rethink themselves and adapt or risk getting left behind
  • Adaptive enterprises will win by identifying future opportunities and proactively reconfiguring themselves
  • Forrester’s 2019 North American Online Innovation Survey shows that advanced adaptive companies have 3.2 times greater revenue growth compared to industry averages and beginning firms are not growing at all

4. JPM Develops New Privacy-Enhancing Tool for Payment Mechanisms on ETH Blockchain

  • United States’ largest bank — is reportedly poised to release an open-source extension that enhances the privacy of payment mechanisms on Ethereum-based blockchains
  • new tool has reportedly been designed as an extension to the Zether protocol
  • protocol uses zero-knowledge proof (ZKP) technology and was developed by researchers from Stanford University and Visa Research earlier this year

5. Why Retailers Are Hiring Chief Supply Chain Officers

  • Macy’s and Walgreens recently announced the hiring of their first-ever chief supply chain officers in April
  • While still in its early stages, blockchain is proving to be a useful technology for global supply chains
  • While we’ve previously discussed micro-fulfillment, a form of warehouse automation, a plethora of retailers — including Walmart, JD.com, Kroger, and more — are investing in warehouse automation more broadly