3 months ago
Once the need for a physical medium for currency disappears, the potential for radical change in financial systems rises dramatically. We're entering into this era now. GETTY In the 18th Century, a venture begun in England established an outpost in the New World around Hudson Bay. The Hudson Bay Company was given license by the crown to exploit the bounty of the Northernmost parts of North America, and eventually, a trading network was built out, trading fur, woods and mineral resources. This network…

5 months 3 weeks ago
Introduction As our planet contends with resource scarcity, a potential solution can be found by traversing the great unknown -- outer space. Metals, minerals and energy sources have been found to exist in near-infinite quantities within our solar system, and political and commercial interest in space mining is growing as the concept is increasingly becoming realistic and achievable. In 2017, a feasibility study by Laszlo Kestay, a research geologist at the U.S. Geological Survey's Astrogeology Science…

11 months ago
By Ron Schmelzer  |  December 12, 2018 | Source: CogWorld on FORBES Last week, Amazon hosted its popular and growing AWS Re: Invent event focused on all things around the Amazon Web Services (AWS) cloud environment. In addition to the many announcements featured in last week’s articlehighlighting Amazon’s many AI and machine learning-related announcements, many of the hundreds of partner vendor and consulting companies that were there had similar innovative announcements. In this article, we highlight…

11 months 1 week ago
By Ron Schmelzer  |  December 6, 2018 | Source: CogWorld on FORBES The last week of November is always fully packed with companies working to squeeze in as much productivity as possible between Thanksgiving (in the US) and the winter holiday season. Amazon makes the most of this with their Amazon Web Services (AWS) Re:Invent show that continues to grow. In 2018, this year, almost 50,000 people made their way to Las Vegas to hear from AWS CEO Andy Jassy and key strategic leaders about the advancements AWS…

1 year 4 months ago
By Ron Schmelzer  |  June 21, 2018 Columnist Ron Schmelzer is Senior Analyst and Founder at Cognilytica The recent demonstration of Google Duplex by CEO Sundar Pichai has grabbed the world's attention. The demo shows a pre-recorded, and supposedly realtime, interaction between an experimental Google voice assistant, called Google Duplex, interacting with a receptionist at a hair salon and having a back-and-forth conversation to book an appointment. Other demos linked on the Google Duplex blog page…

1 year 5 months ago
By Ron Schmelzer  |  May 25, 2018 Columnist Ron Schmelzer is Senior Analyst and Founder at Cognilytica Ever since the launch of Amazon’s Echo device in 2014, its seems that every month brings a new development in dedicated devices that process voice commands and perform actions. However, what exactly are these devices? The popular media calls them “smart speakers” or “voice assistants” or “intelligent personal assistants”, but these words describe very different concepts. A smart speaker conjures up a…