Insights

Five Key Stories

From the Digital Worlds

November 14

November 14

It’s not just Apple and Facebook diving headlong into the financial world. Google has revealed plans to offer checking accounts in 2020 through a project nicknamed Cache. The search giant won’t handle the actual underpinnings — Citigroup and a credit union at Stanford University will both handle the accounts and feature the most prominent branding. There will still be integration between Google and the accounts, though, and some of it might raise concerns among regulators. Google is promising that it won’t sell account holders’ financial data. Instead, this is meant to add value for customers, shops and the banks themselves with services like loyalty programs. In a chat with the Wall Street Journal, the company’s Caesar Sengupta also touted it as a way to further digitize the banking world.

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November 13

November 13

“Consumers have a habit of going right to brands that you know because that brand has values. It creates almost a chemical reaction inside you if I say Nike, or Apple or Mercedes Benz or Pixar or Star Wars,” Bob Iger, chairman and CEO of The Walt Disney Company, told Wharton management professor Adam Grant during a recent appearance as part of the Authors@Wharton speakers series. Why Streaming? Where the company needs to go next, Iger said, is into direct-to-consumer platforms — namely streaming. According to a recent profile in The Hollywood Reporter, in addition to the Fox deal, Iger has invested $2.6 billion in technology for Disney+ and left $150 million in revenue on the table after ending the studio’s deal to stream its content on Netflix.

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November 12

November 12

Robots are used in a variety of surgical procedures these days, but the brain has largely been a no-go zone for robot assistants in the OR. With the successful completion of an in-human robotic-assisted neurovascular intervention this month, that’s set to change. The surgery was led by Dr. Vitor Mendes Pereira, a neurosurgeon and neuroradiologist at the Toronto Western Hospital and Krembil Brain Institute in Canada. Dr. Pereira’s team utilized a vascular robotic device developed by Corindus. The operation is a good example of how a confluence of new technologies are changing how surgeons approach their craft. Prior to the procedure, Dr. Pereira performed a rehearsal on a 3D-printed flow model of the specific anatomy of the patient, a 64-year-old female Canadian resident.

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November 11

November 11

Lyft has another year of building out its autonomous driving program under its belt, and the ride-hailing company has been expanding its testing steadily throughout 2019. The company says that it’s now driving four times more miles on a quarterly basis than it was just six months ago, and has roughly 400 people worldwide dedicated to autonomous vehicle technology development. Going into next year, it’s also expanding the program by adding a new type of self-driving test car to its fleet: Chrysler’s Pacifica hybrid minivan, which is also the platform of choice for Waymo’s current generation of self-driving car. Lyft’s choice of vehicle is likely informed by its existing experience with the Pacificas.

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FROM
ROKK3R CEO
NABYL CHARANIA

September’s Digital Age Insights

September’s Digital Age Insights

It’s not just Fortnite champs who are making conventional sports players seem underpaid. OG has won Valve’s The International Dota 2 tournament for the second year in a row (the first time any team has won back-to-back), pulling in a record-setting $15,603,133 out of an even larger $34,292,599 prize pool. That’s not just the largest top prize in esports history — it could also be a windfall for each of the five team members.

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August’s Digital Age Insights

August’s Digital Age Insights

A doctor in India has performed a series of five percutaneous coronary intervention (PCI) procedures on patients who were 20 miles away from him. The feat was pulled off using a precision vascular robot developed by Corindus. The results of the surgeries, which were successful, have just been published in EClinicalMedicine, a spin-off of medical journal The Lancet.

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June’s Digital Age Insights

June’s Digital Age Insights

As AI continues to interact with other exponential technologies, its use with sensors is creating exciting opportunities. Research shows that the sensor market is expected to hit close to $280B by 2025. With a low-cost glove packed with over 500 sensors, an AI system has been developed to recognize objects through touch alone.

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Artificial Intelligence Venture Builder & GraphPath

Artificial Intelligence Venture Builder & GraphPath

This past week, the Artificial Intelligence Venture Builder was announced. Artificial Intelligence (AI) visualization company GraphPath, with its “knowledge-graph-as-a-service” platform, is this venture builder’s first company. Below, I’m sharing key stories and insight around AI to further build on this critical theme.

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