October 15 – 5 Key Stories From The Digital World

By October 14, 2019 Insight

1. Uber moves into on-demand grocery delivery with acquisition of Cornershop

  • will bolster the company’s efforts to expand into businesses outside its core ride-hailing service
  • Cornershop, founded in 2015, is currently active in Chile, Peru, Mexico, and Canada, and it’s headquartered in Santiago
  • Uber wants to be an “operating system” for cities, and grocery delivery seems like a more obvious play

2. What Is Federated Learning?

  • makes it possible for AI algorithms to gain experience from a vast range of data located at different sites
  • shared models get exposed to a significantly wider range of data than what any single organization possesses in-house
  • decentralizes deep learning by removing the need to pool data into a single location

3.  The artificial intelligence factory, coming to an enterprise near you

  • involves “industrializing data gathering, analytics, and decision making to reinvent the core of the modern firm,”
  • Shore up the data pipeline…gathering, inputting, cleaning, integrating, processing, and safeguarding data
  • most advanced form of machine learning, reinforcement learning “requires only a starting point and a performance function,”

4. Blockchain Architectures for Scaling Applications

  • Cryptonetworks have the potential to evolve into the infrastructure of the next generation internet
  • Such applications will be owned and governed directly by their respective communities, rather than by single companies
  • trustless verifiability is the core reason why they can credibly disintermediate the organizations that today sit in the middle of many of our interactions

5. YouTube’s AR Beauty feature lets you try on lipstick by tapping ads

  • be able to digitally try on lipstick from brands like MAC and NARS by tapping on so-called Masthead and TrueView Discovery ads
  • will use your smartphone’s front-facing camera and AR filters to allow you check out different shades of lipstick
  • likey, however, to face stiff competition from Instagram, which is also using augmented reality