November 25 – 5 Key Stories From The Digital World

By November 24, 2019 Insight

1. Global AI Survey: AI proves its worth, but few scale impact

  • findings of the latest McKinsey Global Survey on the subject show a nearly 25 percent year-over-year increase in the use of AI in standard business processes
  • majority of executives whose companies have adopted AI report that it has provided an uptick in revenue in the business areas where it is used, and 44 percent say AI has reduced costs
  • Retail has seen the largest increase, with 60 percent of respondents saying their companies have embedded at least one AI capability in one or more functions or business units

2. Driving First Class: Mercedes-Benz Gives Ultra-Luxury, Performance the AI Treatment

  • The pièce de résistance, however, is up front, with the AI-powered MBUX infotainment system
  • MBUX combines natural language processing, silky-smooth 3D graphics and an augmented reality boosted navigation system
  • system understands verbal commands using AI-powered natural language processing, facilitating effortless interactions between the driver, passengers and the car

3.  BMW and Olo pilot in-car food ordering for U.S. drivers

  • new service constitutes part of BMW Labs, a program BMW uses to test-drive new digital connected services
  • offering is designed to make the process easier for those on the road, with only preconfigured orders available
  • effectively usher automakers into the marketing services realm — car dashboards offer the perfect channel for brands to deliver location-specific offers and promotions

4. Esports Organization Misfits Gaming Launches A $10 Million Seed Fund And Incubator

  • looking at data and analytic companies; educational startups that may, for example, help players with skill development; and game development studios
  • With team franchises in the League of Legends European Championship, the Overwatch League and the new Call of Duty League, Misfits Gaming is estimated to be worth $120 million
  • compared the venture to Y Combinator and the Philadelphia 76ers’ Innovation Lab, with the twist being they’ll focus exclusively on gaming and esports

5. Prometeo develops artificial intelligence platform to monitor firefighters’ health

  • sensors that measure temperature, humidity levels, and smoke concentration, and can alert in real-time if a firefighter’s health is at risk
  • enough data will be collected in the next two to three years to be used as historical scientific evidence to track the effects
  • will not prevent fires, this will not prevent natural disaster, obviously, but this will help prevent firefighters from the effects