Vacationers May Spend More on Break Due to RFID Technology – NBC 5 Dallas-Fort Worth

Many kids are out of school and families across North Texas are headed out of town for Spring Break.

Travel and technology have been combining more these days and it's helping to make life a little simpler.

Some of this stuff you may already know but not realize how much it's growing and expanding.

Companies are making it easier to access your money, which means you and your kids could wind up spending more than planned.

You'll find the technology everywhere. Disney World uses "magic bands." It's a little bracelet you attach to your wrist and it "magically" lets you buy things.

It's your ticket to the park, and your room key all rolled into one. It uses Radio-Frequency Identification Technology or RFID. It's a chip embedded in the bracelet that has everything you need while on your trip. Resorts, hotels, and cruise lines and now even airlines are using the technology.

Delta Air Lines talked to NBC 5 Responds as they launched the service last year and provided some video as to how it works. A tiny chip is now inside your luggage tag, kind of like Apple's "Find my iPhone." It allows the airline to see your bag at all times.

"We're able to see how quickly the customer's luggage is moving through the various part of the routing to get on the airplane," said Sandy Gordon of Delta Air Lines.

It gets better. The chip not only shows where your bag is, but will shut down the conveyor belt if your bag is about to head to Boise instead of your destination in the Bahamas.

It's all designed to simplify your trip and eliminate the bumps. So no more digging for keys or even carrying your wallet.

But here's what you should remember:

That's real money on your bracelet. It becomes so easy to swipe you kind of forget you're spending cash, kids especially. Many hotels will let you limit how much they can spend or any at all.

Check your accounts regularly while you're gone. Most companies swear there's no personal information stored on the RFID chips, but hackers are always hard at work and you never know what they can figure out. So log online and make sure your money's still there.

And lastly, know what you're giving up. RFID not only tracks bags, it can track you. Letting the resort know where you are and what time you got there. Some companies can take note of what activities you used or how much you spent, so if you don't like the idea of big brother watching, it may not be for you.

Published at 5:18 PM CST on Mar 10, 2017 | Updated at 5:24 PM CST on Mar 10, 2017

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Vacationers May Spend More on Break Due to RFID Technology - NBC 5 Dallas-Fort Worth

Bring it OnJuilliard President Joseph Polisi’s Message to Technology – EdSurge

How should colleges teach in the digital age?

Connect to the thinkers and stories shaping the future of higher ed

The grand structures in the Lincoln Center for Performing Arts reflect decades of artistic tradition. And at the heart of the Upper West Side facility lies Juilliard, one of the worlds most distinguished performing art schools. Established in 1905, the Juilliard School has been a beacon of the arts in New York City for decades. However, as technology has become more of a prevalent force, even the most ardent of traditionalists have been compelled to shift.

EdSurge sat down for a conversation with Dr. Joseph Polisi, the president of Juilliard, who after more than three decades at the institution says he is now ready to pass down the mantel. Under his tenure, Juilliard his transformed both demographically and technologically. In an hour-long discussion, Polisi shares the legacy he hopes to leave behind, the digitalization of art instruction that he oversaw, and what The Artist as a Citizen, his revised book, means in the Trump era.

The conversation has been condensed and edited for clarity and brevity.

EdSurge: After the introduction of two apps that allow users to view the music production process, Julliard announced the availability of students to participate in its first full online courses this week. What are your thoughts on the role of technology and art and why did Juilliard introduce these courses now?

Polisi: Technology has been around for centuries, whether it was the harpsichord where the string was plucked, which turned into the fortepiano where the string was hit, and then the big Steinway of today. This is all new technology. However, it is still the human at the keyboard. I say to technology, bring it on, but let's not let's not say that [technology] is the creator.

I grew up in New York City in the 50s in the 60s, and I went entirely through the public school system, and it was an amazingly robust musical environment for children. That system is gone now, there a few hot spots, but nothing like before. If Juilliard can get involved in a way through the Internet, where there's access to serious instruction, we could help out.

Artist of the 21st century have to rededicate themselves to a broader national agenda.

You wrote in your book that, Artist of the 21st century have to rededicate themselves to a broader national agenda. What did you mean by that, and how has the meaning evolved since the time you wrote it?

The book was published in 2005, as part of our centennial celebration. I certainly didn't envision what would be happening in 2017 when I was writing it. A lot of graduates of Juilliard have taken this message up and run with it. There's an organization called ASTEP (Artists Striving to End Poverty), they've started a conference, with my permission, called The Artist as Citizen. The message of the book has become the infrastructure for all the values of Juilliard.

I had a background in Political Science and International Relations before I received my graduate degrees in music and that certainly influenced me. In 2017, with the Trump administration, artists all of a sudden had a great deal of greatness thrust upon them, as Shakespeare would say. In other words, their responsibilities to present human values through their art has multiplied exponentially. The arts present values like empathy and nuancevalues that sadly we see in short supply at the moment.

The arts are not valued in America today. Every politician since the 80s, even a great president like President Obama, has not embraced the arts. Now with the Trump administration, there are discussions about getting rid of the National Endowment for the Arts.

If you could leave us with one core message from your book, what would that be?

The arts matter in society. They are not fringe or fluff. The intellectual rigor required of the arts are just as much as in any other discipline.

I was very taken aback when Vice President Mike Pence went to a performance of Hamilton, and the cast went to the apron of the stage and read a statement that was very political. I thought it was very reasoned and correct. However, the response from some people was troubling for me. They said thing like, What are these actors doing talking about politics? Their role is to entertain us. No. Exactly the opposite, artists are there to get to you, to make a difference, to trouble you for good reason, and to bring humanity and values. That's what artists are about. It's going to be a long haul with the current environment.

You encouraged students to take their music out of the Juilliard bubble. Why did you feel the need to have students play and interact in the community?

Over the years the faculty occasionally has looked with some level of suspicion at some of my ideas. When we first introduced programs where we sent students in the communities to perform in the hospitals, there was a certain level of skepticism and concern on the part of the faculty. They would say, Wait a minute, you know those two to three hours it takes to get to the performance venue and come back, and students could be practicing. My response is, They'll work it out, they're smart. And they did.

At Juilliard performances are very well organizedwe have a completely ready-to-go concert venue for these young people. But that's not the real world. When they went out and played at a psychiatric center at St. Luke's at 116th Street, they were playing on a broken piano that's out of tune. But that didnt matter. The nurses and doctors said a woman who hadnt spoken for six months whispered, beautiful. A man, Ill never forget, was incredibly knowledgeable about Bach. He started talking verbal program notes, and we were all just listening fascinated.

Excellence is a is a direction, it's not a place, and as soon as you let go a little bit, you start going backward.

After over three decades as the President of Juilliard, you will be stepping down in June of 2018. What are your feelings about leaving and what do you want your legacy to be beyond your resume?

Someone's legacy is determined by somebody else, so Ill leave it to whoever. But leaving will be emotional. I'd like to celebrate the peoplethe students and the faculty. One of the reasons I survived all these years was because I got a big kick out of seeing others flourish. I hope my successor, all the faculty, and future students will continue to get better. Excellence is a is a direction, it's not a place, and as soon as you let go a little bit, you start going backward. You know mediocrity is like carbon monoxide, can't smell it, you can't see it, but one day you're dead. You've got to keep pushing and pushing.

My next hope is to get into K-12 education. If I could put all my energies into just K-12 education in the arts, I'd be a very happy person. I believe deeply that the arts are a civilizing element to the growth of a young person.

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Bring it OnJuilliard President Joseph Polisi's Message to Technology - EdSurge

Technology behind ‘all serious crime" – BBC News


Reuters
Technology behind 'all serious crime"
BBC News
Technology is now at the "root" of all serious criminality, says Europe's police agency. The returns generated by document fraud, money laundering and online trade in illegal goods helps to pay for other damaging crimes, said Europol. The wider use of ...
Technology is now at root of almost all serious crime: EuropolReuters

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Technology behind 'all serious crime" - BBC News

Video technology to reduce cheating – former referee David Elleray – ESPN FC

Feyenoord were denied a potential goal in the Rotterdam derby against Sparta. With a number of difficult calls against Burnley, Paul Clement says video replay technology needs to be implemented quickly. Claude Puel shares his disappointment and thoughts on video technology after Southampton's 3-2 loss in the EFL Cup final. The Bundesliga will introduce video assistant referees next season. When will video technology come to the Premier League? FIFA Secretary General Jerome Valcke has expressed his concern at proposals put forward for football referees to utilise video technology during games. Chelsea manager Jose Mourinho believes the Premier League should introduce video reviews to assist referees in clarifying contentious decisions.

The use of video technology in football will make it harder for players to cheat, according to technical director for the International Football Association Board, David Elleray.

The video assistant referee (VAR) system is to be trialled in the FA Cup from the third round next season.

The VAR is permitted to assist the match referee when there are clear-cut decisions in four separate situations: for irregularities in the case of a goal decision; penalty calls; red card offences unnoticed by the referee; and in cases of mistaken identity over a yellow or red card.

Former Premier League referee Elleray said in The Times: "This could change the face of football in terms of player behaviour. It will be much more difficult for players to dive and get a penalty because they'll be reviewed.

"It will be much more difficult for them to get away with violent conduct and serious foul play because red-card offences will be detected during the match and punished during the match.

"And it will also help fight match manipulation. If you look back at some of the worst manipulated matches, they were often the result of dodgy penalty decisions -- clearly wrong penalties being awarded to affect the outcome of a match."

On Thursday, FIFA president Gianni Infantino said that VARs will ensure "clear mistakes" will be corrected.

Follow @ESPNFC on Twitter to keep up with the latest football updates.

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Video technology to reduce cheating - former referee David Elleray - ESPN FC

Design and technology GCSE axed from nearly half of schools, survey finds – Telegraph.co.uk

A fifth of teachers surveyed by ASCL reported that their schools (18 per cent) have also dropped Music and Art as GCSE options in the last twelve months.

Researchers from Sussex Universitys School of Education and Social Work warned that music could be facing extinction in the classroom, following a study which revealed a steady decline of the subject being taught in schools.

The survey also revealed more than 80 per cent of respondents said their classes had grown in size in the past year, with teachers reporting that the largest class size was 33 pupils, on average.

Malcolm Trobe, the interim general secretary of ASCL said that the survey shows the impossible choices school leaders are having to make.

Reduced budgets means fewer staff and, with fewer staff, class sizes have to increase, he said. Schools cannot sustain the level of support they provide to pupils, or the range of subject options and enrichment activities.

A Department for Education spokesperson said:As this weeks Budget demonstrates, the government is determined to ensure every child has access to a good school place and is given the opportunity to fulfil their potential.

The government has protected the core schools budget in real terms since 2010, with school funding at its highest level on record at more than 40bn in 2016-17 and that is set to rise, as pupil numbers rise over the next two years, to 42 billion by 2019-20.

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Design and technology GCSE axed from nearly half of schools, survey finds - Telegraph.co.uk

The Nelson-Atkins’ Bloch Galleries Feature Old Masterworks And New Technology – KCUR

The newBloch Galleriesat The Nelson-Atkins Museum of Art showcase European artT from the 18th, 19th and 20th centuries. This includesmasterpieces of Impressionism and post-Impressionism collected by Marion and Henry Bloch artists such as Edward Degas, Claude Monet, and Vincent van Gogh.

But visitors to the galleries might also be dazzled by some of the technological upgrades from sound to lighting.

Related: Live From The Nelson-Atkins Museum Of Art: First Impressions Of The New Bloch Galleries

At a preview for museum members, Denise Dowd and Jill Burton sit on a bench with an iPad in front of Claude Monet's large painting Water Lilies. They are trying out a new app called Gallery+.

"You can figure out which artist you would be, it's just this interactive thing," says Dowd. "We've been mostly really fascinated with playing around with the light on this Monetthat's in front of us here. Different lights emphasize the purples or the greens. It's just amazing how it changes."

Dowd and Burton live nearby, and they've been monitoring the progress from outside the Nelson's original 1933 building just waiting until they could take a look inside.

Museum officials have also been waiting. A decade ago, theBloch Building opened with a temporary exhibition of Marion and Henry Bloch's collection of Impressionist and post-Impressionist artists with works likePaul CzannesMan with a Pipe,Edgar Degas's pastel Dancer Making Points,andEdouard Manet's The Croquet Party. In 2010, the Blochs gifted the 29 works to the museum. But questions remained: How and where would the museum display them all?

In 2015, a $12 million gift from the Marion and Henry Bloch Family Foundation funded a new suite of galleries, merging the Blochs' collection with the museum's.

"What was important for us was that his [Henry Bloch's] collection would marry literally the collection and the DNA of the Nelson-Atkins," says director and CEO Julin Zugazagoitia.

The design team wanted to create a dynamic new installation for the Bloch Galleries. Eric Heitman, project architect and project manager with BNIM Architects, says a narrow corridor used to connect about 12 small rooms. They opened the space to create seven galleries with the latest in lighting,Wi-Fi and sound tucked into walls and ceilings.

"Not only was it important to have this technology, but it was also important to have this technology be seamlessly integrated in to the space," saysHeitman. "Mr. Bloch loves technology, but he doesn't like to see it."

When it comes to technology, audio guides are not new to museums. But The Nelson-Atkins is only the second museum in the country, after the San Francisco Museum of Modern Art, to offer a walking tour app called Detour. Chief Information Officer Doug Allen says visitors will no longer have to check a number on the wall.

"They simply walk into a new space and the objects magically appear on their phone," said Allen.

Director of curatorial affairs Catherine Futter says these immersive walks will help guide visitors through the galleries.

"One of the things that we hope is that by freeing your hands you really start engaging with the artwork," says Futter, "and that the object in your hand your phone or an iPad is not distracting. And so you're listening and you're able to really look."

"It's like the galleries are beginning to recognize that people are in them. The galleries are beginning to animate for people," says Steve Waterman, the museum's director of presentation and experience.

The museum installed a new LED lighting system that's tunable; the light on each painting can be adjusted to enhance the viewer's experience.

Waterman demonstrates this with Claude Monet's iconic paintingWater Lilies. The blue of the lily pond became more vivid. He made a few more tweaks to bring out the light purple, and then returned the lighting to the original setting.

"And we basically did that as we worked through all of these paintings to try to tune each one," Waterman says, "not to its extreme, but just to the right place."

Dana Castro of Overland Park is taking an early look around the galleries with her six-year-old son, Isaac. He looks small, standing next to a large painting that he declared was his favorite.

"Claude Monet," he pipes up.

"He likes the water lilies, the water and the green colors and stuff," his mom adds. "That's his favorite artist."

What's most important for director JulinZugazagoitiais that people visit and discover the museum. And he says there's really not just one way to do that.

"I think each of us individually have works that we are moved to, that vibrate with us, what we want to encourage is that each visitor come with their own feelings and sensitivity," he says. "Because each one discovers not only the works of art, but, by doing so, they discover one's self."

The Nelson-Atkins Museum of Art, 4525 Oak Street in Kansas City, Missouri, opens theBloch Galleries to the public on March 11. Admission is free but timed tickets are required for March 11 - 12.816-751-1ART.

Laura Spencer is an arts reporter at KCUR 89.3. You can reach her on Twitter@lauraspencer.

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The Nelson-Atkins' Bloch Galleries Feature Old Masterworks And New Technology - KCUR

Why Stratasys, International Game Technology, and Momo Slumped Today – Motley Fool

The bull market in stocks has now been running strong for eight full years, and investors who have seen major market benchmarks triple from their 2009 lows were in a reasonably good mood on Thursday. Stocks didn't move much, with the Dow rising just 3 points on the day, as a generally favorable market environment was tempered somewhat by declines in U.S. crude oil prices below the $50-per-barrel level.

Yet even though the overall market remained resilient in the face of some threats to positive sentiment among investors, some stocks posted substantial losses. Stratasys (NASDAQ:SSYS), International Game Technology (NYSE:IGT), and Momo (NASDAQ:MOMO) were among the worst performers on the day. Below, we'll look more closely at these stocks to tell you why they did so poorly.

Shares of Stratasys dropped 9% after the 3D printing specialist released its fourth-quarter financial report. The company said that revenue rose just 1% from year-ago levels, and although it managed to post an adjusted profit of $0.15 per share during the quarter, 2017 financial guidance wasn't quite as upbeat as investors would have liked to see. In particular, Stratasys expects revenue of $645 million to $680 million this year, and even after adjusting for extraordinary items, adjusted net income of just $0.19 to $0.37 per share was also well below the consensus forecast among those following the stock. The promise of 3D printing hasn't translated into lasting gains for investors in Stratasys, and some believe that it won't be able to rebound from share-price declines of roughly 85% since 2014.

Image source: Stratasys.

International Game Technology stock plunged 15% in the wake of the company's fourth-quarter financial report. Total revenue for the quarter was down 3% from year-ago levels, but a big foreign exchange-related gain helped IGT triple its GAAP net income compared to the fourth quarter of 2015. Even after adjusting for one-time items, IGT's bottom line was up more than 40%. Yet investors seem increasingly nervous about International Game Technology's outstanding debt, which includes more than $520 million in senior notes coming due next year and a total of more than $3.8 billion in notes and term loan facilities with maturities of 2020 or earlier. If interest rates do indeed go up from here, then the financing costs associated with IGT's debt could become increasingly difficult to maintain, and that could cause problems for a stock that has been performing extremely well over the past year.

Finally, shares of Momo finished down 12%. The Chinese social networking platform company had been on a huge tear higher after reporting favorable financial results earlier in the week, but on Thursday, investors decided that the stock had run too far, too quickly. Nevertheless, many investors remain extremely positive about Momo, which combines location-based services with social offerings to allow users to meet more easily. In addition, Momo has joined other social media stocks in offering services like live video and mobile marketing, and with expectations for sales to quadruple in the first quarter of 2017 compared to year-ago levels, the Chinese mid-cap could easily keep climbing from here. Moreover, even with today's drop, Momo is still up more than 10% just this week.

Dan Caplinger has no position in any stocks mentioned. The Motley Fool recommends Stratasys. The Motley Fool has a disclosure policy.

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Why Stratasys, International Game Technology, and Momo Slumped Today - Motley Fool

Leaks remind users of technology’s vulnerability – Press Herald

NEW YORK So, you use messaging apps like WhatsApp or Signal, or have smart TVs and PCs. Should you worry that the CIA is listening to your conversations?

The short answer is no. The long answer is maybe, though its still unlikely you need to be too concerned.

WikiLeaks revelations describing secret CIA hacking tools allegedly used to break into computers, mobile phones and even smart TVs could certainly have real-life implications for anyone using internet-connected technology. In particular, the WikiLeaks documents suggest the CIA has attempted to turn TVs into listening devices and to circumvent though not crack message apps that employ protective data scrambling.

But for people weary of a seemingly constant revelations of hacks, government spying and security worries, the news came as no surprise.

Todays leaks definitely concern me, but at this point I have accepted that security risks are an inherent part of our modern technology, Andrew Marshello, a soundboard operator from Queens, New York, said by email. Since that tech is so integrated into our society, its hard to take the reasonable step cutting out smart devices, messaging apps, etc. without sacrificing a part of social life.

While hes definitely worried about deeper implications of governmental hacking and surveillance, Marshello says he wont cut his iPhone or modern messaging apps out of his life. But he doesnt have a smart TV and doesnt plan to get one, he keeps his microphone unplugged and camera covered when hes not using his PC and he has voice recognition turned off on his phone.

Hes not alone. Last year, Facebook CEO Mark Zuckerberg was photographed with his laptop camera and microphone covered with tape. Some online called him paranoid; others suggested he was just being smart.

WHY IT MATTERS

What everybody should be asking is whether any of this was shared with local law enforcement, said Scott Vernick, a partner at the law firm Fox Rothschild who focuses on data privacy and security. Meaning, whether the CIA shared any of the techniques with the FBI and with other domestic law enforcement agencies that could employ them domestically.

Ed Mierzwinski, consumer program director at consumer advocacy group U.S. PIRG, said the news should alert consumers to how vulnerable internet-connected devices are.

You shouldnt be too concerned about the CIA hacking you unless youre doing something illegal, he said. But this should be a wakeup call for the average consumer.

He recommended changing passwords on smart TVs, cameras and other connected devices as often as you change computer passwords. Whether its your refrigerator, smart lights you program from your phone or your baby monitor, the security systems in most internet of things products are actually dumb, not smart.

PRIVACY FATIGUE

At this point, I am so used to reading stories about accounts getting hacked that it is to be expected, Matt Holden, an editor and social media coordinator in Dallas, Texas, said via email. Holden worries about the safety of personal information like his social security number and financial details, but says hes less concerned about the security of his messaging apps.

So long as I conduct myself in a way that would mean I have nothing to hide, then Im not worried about the government taking a look, he said.

In a recent Pew survey , conducted in the spring of 2016 and released this January, 46 percent of respondents thought the government should be able to access encrypted communications when investigating crimes. Only 44 percent thought tech companies should be able to use encryption tools that are unbreakable by law enforcement. Younger people were more likely to support strong encryption, as were Democrats.

If theyre authentic, the leaked CIA documents frame one stark reality: It may be that no digital conversation, photo or other slice of life can be shielded from spies and other intruders prying into smartphones, computers or other devices connected to the internet.

Another reality: Many may not care.

People have fatigue in this area, especially when talking about data breaches, and to a degree, hacking, said Eva Velasquez, president of the Identity Theft Resource Center, who says its difficult to imagine what kind of abuses would force them to abandon their smartphones. People love their fun toys and devices, she said.

THE INTERNET OF SPYING THINGS

We dont know about the CIA role, but we do know anything with a chip in it that is connected to the internet is vulnerable to hacking, said Gartner security analyst Avivah Litan.

A hacking attack in October that disrupted Amazon and Netflix, for instance, originated on internet-connected devices such as home videocams.

Basically the internet of things is vulnerable and has been deployed without thinking of security first, Litan said. Anyone with reason to think someone might be spying on them should think twice about a connected car or a connected camera.

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Leaks remind users of technology's vulnerability - Press Herald

IBM technology moves even closer to human speech recognition parity – Network World

Layer 8 is written by Michael Cooney, an online news editor with Network World.

IBM this week said its speech recognition system set an industry record of 5.5% word error rate, a percentage that lets a computer understand human conversation almost as well as the average person does.

According to IBM human parity was considered a 5.9% word error rate but IBM who partnered with Appen, a speech and technology service provider, reassessed the industry benchmark and determined that human parity is lower than what anyone has yet achieved: 5.1%.

+More on Network World: Gartner: Artificial intelligence, algorithms and smart software at the heart of big network changes+

Reaching human parity meaning an error rate on par with that of two humans speaking has long been the ultimate industry goal. Others in the industry are chasing this milestone alongside us, and some have recently claimed reaching 5.9% as equivalent to human paritybut were not popping the champagne yet. As part of our process in reaching todays milestone, we determined human parity is actually lower than what anyone has yet achieved at 5.1%, wrote George Saon principal research scientist with IBM in a blog post on the subject.

That reassessment however might ruffle some feathers as in October Microsoft Artificial Intelligence and Research group said its speech recognition system had attained human parity and made fewer errors than a human professional transcriptionist.

The error rate of professional transcriptionists is 5.9% for the Switchboard portion of the data, in which newly acquainted pairs of people discuss an assigned topic, and 11.3% for the CallHome portion where friends and family members have open-ended conversations. In both cases, our automated system establishes a new state-of-the-art, and edges past the human benchmark. This marks the first time that human parity has been reported for conversational speech, the researchers wrote in their paper. Switchboard is a standard set of conversational speech and text used in speech recognition tests.

The 5.9% error rate is about equal to that of people who were asked to transcribe the same conversation, and its the lowest ever recorded against the industry standard Switchboard speech recognition task, Microsoft wrote on its web site.

IBMs Saon wrote: We also realized finding a standard measurement for human parity across the industry is more complex than it seems. Beyond SWITCHBOARD, another industry corpus, known as CallHome, offers a different set of linguistic data that can be tested, which is created from more colloquial conversations between family members on topics that are not pre-fixed. Conversations from CallHome data are more challenging for machines to transcribe than those from SWITCHBOARD, making breakthroughs harder to achieve. (On this corpus we achieved a 10.3 percent word error rate another industry record but again, with Appens help, measured human performance in the same situation to be 6.8 percent).

Also from the IBM blog, Julia Hirschberg, a professor and Chair at the Department of Computer Science at Columbia University, commented on the challenge of speech recognition:

The ability to recognize speech as well as humans do is a continuing challenge, since human speech, especially during spontaneous conversation, is extremely complex.Its also difficult to define human performance, since humans also vary in their ability to understand the speech of others. When we compare automatic recognition to human performance its extremely important to take both these things into account: the performance of the recognizer and the way human performance on the same speech is estimated, she shared.

Speech recognition breakthroughs come after decades of research in speech recognition, beginning in the early 1970s with DARPA, Microsoft wrote. Over time, most major technology companies and many research organizations have developed speech recognition technologies including BBN, Google, Microsoft, Hewlett Packard and IBM.

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IBM technology moves even closer to human speech recognition parity - Network World

Uber prohibits use of ‘Greyball’ technology to evade authorities – Reuters

By Heather Somerville | SAN FRANCISCO

SAN FRANCISCO Uber Technologies Inc [UBER.UL] has prohibited the use of its so-called "Greyball" technology to target regulators, ending a program that had been critical in helping Uber evade authorities in cities where the service has been banned.

Uber is reviewing the different ways the technology has been used and is "expressly prohibiting its use to target action by local regulators going forward," Uber Chief Security Officer Joe Sullivan said in a blog post on Wednesday.

The ride-hailing company last week confirmed the existence of the "Greyball" program, which uses data from the Uber app and other methods to identify and circumvent officials who aimed to ticket or apprehend drivers in cities that opposed Uber's operations.

(Reporting by Heather Somerville, editing by G Crosse)

BRUSSELS High-tech crimes, such as document fraud, money laundering and online trading in illegal goods, are at the root of almost all serious criminality, Europe's police agency said on Thursday.

HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters' Basis Point, amid a flurry of fund-raising by China's tech giants.

NEW YORK/TOKYO U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom.

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Uber prohibits use of 'Greyball' technology to evade authorities - Reuters

Technology is now at root of almost all serious crime: Europol – Reuters

BRUSSELS High-tech crimes, such as document fraud, money laundering and online trading in illegal goods, are at the root of almost all serious criminality, Europe's police agency said on Thursday.

"These cross-cutting criminal threats enable and facilitate most, if not all, other types of serious and organized crime," such as drugs and people trafficking, Europol said in a study of organized crime that it publishes every four years.

So-called "ransomware", which blocks a person or company's computer until a fee is paid to unlock it, has become a major concern.

But traditional crimes also now rely increasingly on new technology, such as the drug trade's use of drones, and burglars using computers to scout neighborhoods online and track social media posts to see when people are away from home.

Europol says there are some 5,000 international crime groups under investigation, with members from more than 180 nationalities.

Drug trafficking remained the largest criminal market in the European Union, generating some 24 billion euros ($25 billion) of profit per year.

People smuggling has become more lucrative as wars and unrest in the Middle East and Africa have pushed record number of people to try to reach Europe, with 510,000 illegal crossings into the EU in 2016.

"Nearly all of the irregular migrants arriving in the EU along these routes use the services offered by criminal networks at some point during their journey," Europol said.

(Editing by Robert-Jan Bartunek and Robin Pomeroy)

HONG KONG Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources told Thomson Reuters' Basis Point, amid a flurry of fund-raising by China's tech giants.

NEW YORK/TOKYO U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom.

BRUSSELS Individuals cannot demand that personal data be erased from company records in an official register, the European Union's top court ruled on Thursday, limiting the "right to be forgotten".

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Technology is now at root of almost all serious crime: Europol - Reuters

The vegetable technology gap – Politico

In the great quest to get Americans eating healthier, spinach is an unusual success story. Were consuming four times as much fresh spinach as we were four decades ago, as a vegetable once derided as choke-it-down good for you has become a mainstay of home cooking and upscale restaurants. But the spinach boom wasnt driven by changing tastes, or the cartoon exhortations of Popeye. It was driven by technology.

Spinach, like many vegetables, is finicky. If you packaged it in the same airtight bags used for potato chips, the leaves would start to break down before they made it from Californias Central Valley to a supermarket in Chicago. It wasnt until scientists came up with a special bagone that controls how much oxygen and carbon dioxide can seep in and outthat pre-washed, ready-to-eat spinach became something that a shopper could grab in the produce section and dump straight into a salad bowl or smoothie. Spinach, and leafy greens in general, have become so convenient that Americans are actually eating more of theman impressive feat considering just one in 10 Americans eats the recommended servings of fruits and vegetables each day.

As the country seeks solutions to the obesity epidemic, theres been plenty of debate about how to get people to eat better. Do we need to improve access to healthy foods? Teach cooking? Tax sugary drinks? But theres one thing thats often left out of the conversation: technology.

It might seem strange to think about vegetables as a technology, but they are. The average supermarket produce aisle represents decades, if not centuries, of agricultural research and development. But in the United States, big-league commodity crops like corn and soy, as well as meat, gobble up most of the agricultural research investment from both the public and private sectors. The U.S. Department of Agricultures dietary guidelines tell us to fill half our plate with fruits and vegetables to maintain a healthy diet, but its research priorities are far different. So-called specialty cropsthe governments name for the category that includes, essentially, all fruits, vegetables and nutsreceived just 15 percent of the federal research budget over much of the past three decades.

Theres nothing more important we can do to improve the health of this country than to invest billions and billions into researching the fruits and vegetables that were encouraging people to eat, said Sam Kass, the former White House chef and food policy guru under the Obama administration who now works with food tech startups.

Agricultural research is fundamental to improving how we raise, grow, harvest, process and ship everything that we eat. It took millions of dollars of public and private research and years of experimenting with limp leafy greens before breathable salad packaging came onto the scene. Consumers no longer have to wash sand and dirt off their greens, remove tough stems and ribs or chop them into bite-sized portions. The same types of technologies have also helped bring us baby carrot packs with dips, sliced apples in McDonalds Happy Meals and ready-to-eat kale salad kits.

Packages of Fresh Express salad wait for customers in a San Francisco grocery store. The technology that keeps spinach and lettuce fresh in breathable packaging was based on government agricultural research conducted in the 1950s. | Getty

The enormous logistical and technological challenges facing so many of the foods that nutritionists tell us to eat make research especially critical for produce, which as a sector is still relatively inefficient. Apples bruise. Berries don't all ripen at once. Cilantro wilts. Cherries can split and crack if it rains at the wrong timea problem that can be so expensive, some growers hire helicopters to fly over their crop to dry the delicate fruit. Many of these crops still rely on increasingly expensive (and oftentimes undocumented) labor to pick them by hand. And water. They need lots of water.

Specialty crops remain specialjust 3 percent of cropland is dedicated to growing themthough they make up roughly a quarter of the value of crops grown in the U.S. because they demand higher prices. This lopsided dynamic means that specialty crops have historically received very little federal research investment compared to their value. It also means the country simply doesnt have a food system that supplies what were told to eat. In 2007, there were about 8.5 million acres of specialty crops in a sea of more than 300 million acres of everything else.

If Americans were to actually go ahead and jump into consuming the amount of fruits and vegetables recommended, wed be hard-pressed to meet that demand, said Sonny Ramaswamy, director of the USDAs National Institute for Food and Agriculture, which coordinates a large part of the governments agricultural research portfolio. Theres an incredible amount of innovation that we need, all the way from the farm to the table.

The imbalance is no accident: In a sense, its built into the mission of the USDA itself, which frustrates both vegetable growers and nutrition advocates. But there are signs its starting to changeif slowly.

THE ROAD TO packaged salad isnt just an example of how research pays off: It shows just how long the process can be, and how much commitment it requires. It began in the late 1920s when a young Berkeley grad named Bruce Church bought a field of head lettuce in Salinas, California, and devised a plan to ship it, packed in ice, by rail across the United States. According to local lore in the Salinas Valley, children as far away as Maine would greet the rail cars excitedly, shouting: "The icebergs are coming! The icebergs are coming!" The name stuck.

After World War II, a handful of USDA scientists stationed in Fresno, California, set out to learn more about how to best handle, store and ship fruits and vegetables. They obsessively measured temperatures, shelf life, spoilage and the rate at which different crops respireor breathewhich is one way of measuring how fast something will rot.

Theyre still alive! explained Gene Lester, national program leader for the Agricultural Research Services food science and technology division. Youre eating a lettuce leaf or a kale leaf, or a string bean, or an appletheyre still alive. Theres still CO2 and oxygen exchanging in those organisms, and thats whats keeps them healthy for us.

A vintage poster for Bruce Church, Inc., the Salinas, California company that helped popularize iceberg lettuce starting in the 1920s. Bruce Church Inc. later morphed into Fresh Express, which pioneered the use of breathable packaging for lettuce and other leafy greens. | Fresh Express

In 1954, researchers published a roundup of everything theyd learned in a massive book, known as AH-66. That tome served as a base of knowledge that preceded major advances in produce innovation for decades afterward. That was kind of a bible for us, said Jim Lugg, a longtime agriculture scientist who in many ways is the grandfather of modern salad technology. The problems werent really with growing the crops, it was with shipping them and keeping them fresh. Lugg, whos now 83 years old, still consults in the industry (and, for the record, still eats lots of salad).

In 1963, Lugg signed on to lead the research division of Bruce Church Inc., which teamed up with a subsidiary of refrigerator-maker Whirlpoola partnership based largely on the hope that they might be able to figure out how to get lettuce from Salinas to the East Coast before it turned brown. After a lot of experimentation, they figured out how to manipulate the atmosphere inside the vehicles in which they shipped the lettuce so that it was more hospitable, providing the right balance of CO2 and oxygen in refrigerated rail cars and containersa hack that took the shelf life of the lettuce from three or four days to 14, as long as the lettuce was kept cold.

Weve put it to sleep, Lugg explained. Its sleeping! Its not breathing at its normal rate.

Bruce Church Inc. eventually morphed into Fresh Express, which in 1989 introduced what is believed to be the first pre-washed, bagged salad in grocery stores nationwide. That first mix, packaged in breathable bags, was chopped iceberg lettuce, with bits of shredded carrots and purple cabbage, a combo that meant home cooks could serve a multi-ingredient salad without chopping a single vegetable. We saw a way to really improve the customer experience with lettuce, Lugg said.

Lugg recalled serving on a board that helped advise the government on investing in specialty crop research in the 1990s. I dont think they were spending very much, he says. (USDA couldnt provide an estimate.) The then-head of [the Agricultural Research Service] was very defensive about all the problems they had getting money and that they had to spend money for things like corn and ethanol and cotton.

Hed sometimes give Ed Knipling, the then-head of ARS, a hard time about the disparity. He would point out how much they spent on this crop or this crop, and wed say Well, how much did you spend on lettuce?

SO WHY DOESNT the nation spend more on better lettuce? The answer lies partly in the history of the U.S. Department of Agriculture itself. On one hand, the department, founded by Abraham Lincoln, is dedicated to promoting and boosting American agriculture as an industry. That means investing in the massive commodity crops that largely fuel American farming, giving us the cheapest, most abundant food supply in the history of the world. But the department is also tasked with encouraging healthy eatingits the agency that gives Americans nutrition adviceand these two major goals can at times be directly at odds.

Public health advocates have long lamented that the USDAs nutrition advice doesnt align with how the institution actually spends its money, and they often point to crop subsidies as the most glaring example. Between 2008 and 2012, for example, fruits and vegetables and other specialty crops got just under one-half of 1 percent of all the subsidies that were doled out. A full 80 percent of those payments went to supporting grains used in all manner of foods, to feed livestock and to fuel our cars, and oils, like what we use to fry potato chips.

The disparity is something that frustrates Rep. Chellie Pingree, a Democrat from Maine, who also happens to be an organic farmer. When the congresswoman speaks at food conferences, she often shows a side-by-side graphic comparing MyPlate, the governments nutrition guide, and a plate representation of crop subsidies.

Vegetables are called specialty crops! Dont ask me to explain why, Pingree said as she unveiled her graphic at TedxManhattan back in 2014. The room full of foodies gasped and mumbled disapprovingly.

The idea that junk food is cheaper than produce because of farm subsidies is so often repeated by food movement leaders like Michael Pollan that almost everyone assumes that its true. But the reality is more nuanced.

Subsidies on their own dont explain why processed foods are cheaper than produce, calorie for calorie. Fruits and vegetables, first and foremost, are highly perishable, which makes everything about growing, harvesting, storing and shipping them infinitely more complicated and expensive. Many of these crops also take a ton of labor to maintain and harvest. Economists whove crunched the numbers have found that removing agricultural subsidies would have little effect on consumers food prices, in part because the cost of commodities like corn and soybeans represent just a tiny share of the cost of the food sold in the grocery store.

The U.S. has simply gotten much better at growing corn than lettuce. Today, we get about six times as much corn out of one acre of land as we did in the 1920s, when Bruce Church started his lettuce farm. Iceberg lettuce yields, on the other hand, have only doubled in that time. The USDA didnt start tracking such data for most of the darker leafy greens until the 1990s.

Even if subsidies did make fruits and vegetables dramatically cheaper, its far from clear that everyone would start eating their broccoli. The price of produce isnt the only cost to eating fruits and vegetables; many consumers also lack the time or the skills to prepare and cook their perishables. And increasing fruit and vegetable consumption is hard to keep up as Americans eat more of their food on the go, away from home and prepare far fewer traditional meals on their own.

Moreover, the produce industry doesnt want to be subsidized like Big Corn or Big Soy. When industry leaders come to Capitol Hill, they have been clear that they didnt want traditional subsidies, like price supports, said Glenda Humiston, vice president of agriculture and natural resources at the University of California. They want help with the infrastructure to do their jobs better, she says, including more funding for research labs and data collection that can help industry solve problems on the ground.

Migrant workers pick organic spinach in a field in Colorado. Labor, often from immigrant workers, remains one of the most costly inputs to growing healthy fruits and vegetables. | Getty

Reducing the need for labor is one of the top priorities for the industry, especially with the Trump administrations rhetoric and recent crackdown on undocumented workers. Labor alone can account for half a farms costs and labor shortages are already preventing the expansion of acreage of specialty crops in many regions. Farmers can be hesitant to invest in growing, watering and raising a crop if theres uncertainty about having enough workers to harvest it.

Growers and shippers are going to have to find ways to mechanize, or were not going to be able to harvest our products, and were talking about delicate products, said Steve Church, CEO of Church Brothers Farms, a major grower in Salinas.

The biggest issue we have here is labor, Church added. No question in my mind.

Today, the government is funding research at Washington State University and other universities to design robots that can gently harvest apples and even see or smell when the fruit is ripea potential leap for the kind of mechanization that has so far eluded much of the produce industry.

USDA researchers are also working on a system that drastically cuts down on the need to sort fruit. The prototype is an elaborate, six-armed machine that goes into the field with apple pickers. The apples are fed onto a conveyer belt that uses an infrared system to detect blemishes and even grade the fruit on the spot.

Other research is focusing on improving flavor. In Florida, researchers have cracked the code to make tomatoes taste better, an innovation that could help reverse decades of breeding tomatoes for durability and thick skin that has left the fruit tasteless and watery. The tomatoes, which also have more lycopene, an important nutrient and anti oxidant, have begun being marketed in Florida under the name Tasti-Lee. The company that commercialized the technology says nearly 94 million pounds of the tastier tomato have been sold so far.

We first of all had to have a stable supply. We had to figure out how to get tomatoes from the West Coast to the East Coast, says a USDA scientist, permitted to speak on background. But now we can focus on the whole flavor component.

Making tomatoes tastier is only the beginning. Understanding this pathway, its not unique to just tomatoes, but you can use this as a model for citrus, or peppers or apples or anything else, the scientist said.

THOUGH SPECIALTY CROPS have lagged behind their shelf-stable brethren for much of the past century, the needs of the produce industry havent gone totally unheard in the halls of Washington. The idea that these smaller crops might deserve more attention began to gain some traction in the early 2000s, when California growers became increasingly angry that their state was the No. 1 agriculture state based on value, largely due to high-dollar specialty crops, but they were coming up around 16th in terms of USDA research funding coming into the state.

In 2006, there was also a renewed interest in investing in research after a deadly E. coli outbreak linked to packaged spinach rocked the entire produce industryand consumer confidence. Three people died, and 276 people were hospitalized. The disaster fueled an intense food-safety push across Salinas Valley and the rest of the produce industry. It also helped energize a diverse coalition of growers that had started to organize to ask Washington for a greater share of spending in the farm bill, the law that every five years sets the agenda for the Agriculture Department. They demanded that more money be invested in food safety and other types of research. Producers of commodities like dairy and grains were less than pleased to have another group vying for a part of the federal pie, according to congressional aides.

It was a hell of a fight, said Humiston.

But Big Produces political push has paid off. In 2008, the farm bill for the first time included a section dedicated to specialty crops. Theres now a $72 million fund to promote various specialty crop projects, like building hoop houses to extend the growing season. Fruit and vegetable farmers are also starting to get access to the same government-subsidized insurance policies that other commodities have enjoyed for years. But the biggest growth for specialty crops in recent years has been in research spending.

The USDA now dedicates some $400 million to studying specialty crops each yeara big increase, though still a modest fraction of the nearly $3 billion the government invests in agricultural research each year. That pot of money is spread among USDAs in-house research, land grant universities and other public research institutions. The USDA couldnt provide specialty crop research estimates from before 2008.

The Obama administration and its intense focus on healthy eating was also a boon to the specialty crop sector. The administration not only backed allocating more money to the crops, but it also promoted more fruits and vegetables in school meal programs that serve 30 million children each day, and in the Women, Infants and Children program, which provides nutritional support for half of all babies born in the United States.

While much of the new federal boost for produce investment is motivated more by the industrys business needs than any push to combat the nations crippling obesity epidemic, public health advocates with little political clout are thrilled to see the needle moving, however it happens.

If what we want is for people to eat fruits and vegetables, we have to make it easier, we have to make it taste better, said Marion Nestle, a food studies professor at New York University and author of the popular blog Food Politics.

Its about time produce got some attention.

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The vegetable technology gap - Politico

Ford faces another legal challenge over hybrid technology patent – Automotive News (subscription) (blog)

The 2010 Ford Fusion hybrid, unveiled at the Los Angeles Auto Show in Nov. 2008. Photo credit: BLOOMBERG

The International Trade Commission this week launched an investigation into a patent infringement complaint against Ford Motor Co. that could prevent the automakers Mexico-built hybrid electric cars from entering the U.S.

Maryland hybrid technology company Paice, along with the Abell Foundation, allege Ford is importing certain hybrid electric vehicles and components that infringe on its own patents, a violation of the 1930 Tariff Act.

The company says it worked with Ford from 1999-2004 to provide detailed modeling and component design, but that the automaker eventually declined to license Paices technology.

We trusted Ford, Paice CEO Robert Oswald said in a statement. Our engineers spent years sharing technical details about our patented hybrid technology with Ford in good faith -- that faith was misplaced.

Paice has requested that the ITC issue a limited exclusion order and cease and desist orders against electric hybrids -- such as the Ford Fusion and Lincoln MKZ -- that are built in Mexico and sold in the U.S.

Ford, in a statement, called Paices allegations unsubstantiated and vowed to continue to vigorously defend itself from them.

The ITC will assign the case to one of its administrative law judges, who will determine whether or not Ford violated section 337 of the Tariff Act.

The USITC will make a final determination in the investigation at the earliest practicable time, the agency said in a statement.

The ITC investigation is the latest chapter in a years-long dispute between the two companies. Paice in 2014 filed a patent infringement lawsuit against Ford, which was deemed invalid in court. Two appeals courts have since upheld the original ruling, so the company is attempting to get a favorable decision through a different avenue the ITC.

Paice has filed similar lawsuits against a host of other automakers, including Volkswagen, Audi, Porsche, Toyota, Lexus, Hyundai and Kia. All cases have been settled, according to Nathanael Adamson, Paices executive vice president.

All were trying to do is get the auto companies to realize we own this technology, he told Automotive News.

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Ford faces another legal challenge over hybrid technology patent - Automotive News (subscription) (blog)

Indiana schools superintendent awards technology grants – Sacramento Bee

Indiana schools superintendent awards technology grants
Sacramento Bee
The Indiana Department of Education has awarded grants to 32 school districts to help boost students' use of technology in the classroom. State schools Superintendent Jennifer McCormick announced Wednesday that $2.3 million will be distributed this ...

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Indiana schools superintendent awards technology grants - Sacramento Bee

Boston Celtics Managing Partner Wyc Grousbeck: How Technology Is Transforming Sports – Forbes


Forbes
Boston Celtics Managing Partner Wyc Grousbeck: How Technology Is Transforming Sports
Forbes
Wyc Grousbeck became the managing partner of the Boston Celtics in 2002 when his group acquired the NBA team for $360 million. The Celtics are now worth $2.2 billion, fifth-most in the NBA. A big surge in the value of media rights fueled the increase ...

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Boston Celtics Managing Partner Wyc Grousbeck: How Technology Is Transforming Sports - Forbes

It’s the Technology. Period. – The Financial Brand

Doing more, better, with a smaller workforce, is the main outcome we should expect from the systemic and systematic application of advanced technology in the financial services industry. Is the industry ready?

By Pascal Bouvier, Venture Partner at Santander InnoVentures

As of December 2016, theBureau of Labor Statisticsshows the US financial services industry employing 8.4m people. This figure includes credit and non credit intermediation, securities and insurance activities. For good measure, we may want to add payroll, collection agencies and credit bureau activities, which increases the tally by an additional 400k for a grand total of 8.8m. Lets label this Fact #1.

For the past 6 years, the financial services industry has undergone a transformation, attempting to shed its industrial age structures, rebuilding itself alongside new digital paradigms. The first transformative steps have focused on the digitization of front end processes and systems.

As we cycle through these first steps, we are made aware of the next steps the industry is (or will) undertake digitizing middle office and back office processes and systems. Terms and technologies such as artificial intelligence (AI), straight through processing, robotics, process automation, blockchain or distributed ledgers are all connected to a meta intent to modernize and increase the industrys productivity. Lets label this Fact #2.

Innovation is the process whereby technology is applied to human processes, with the resulting outcome beingincreased productivity. In other words, innovation enables humans to do more with less. This has invariably led established industries to produce more with less labor, or die trying. Witness agriculture and manufacturing. Lets label this Fact #3.

Newly elected President Trump ranon a Make America Great Again platform, which in part means the creation of domestic jobs, or the repatriation of offshored jobs to the US. Arguably this dialectic has focused mostly on the manufacturing, energy and extraction industries. Lets label this Fact #4.

We also know the Trump administration has made known its intent to free the US economy from its regulatory debt, which includes financial regulatory debt (which in and of itself is worthy exercise although the devil is in the details). I discussed the Executive Order regarding the US financial systemhere. The purpose of this intent is obviously to facilitate job creation. Lets label this Fact #5.

The US financial services industry has, much like its manufacturing brethren, engaged in offshoring. We need to unpack this statement though. Global banks (retail, commercial or i-banks) have offshored jobs, not the entire industry, and certainly not regional, community banks or domestic insurers. Further, global banks have offshored certain categories of jobs such as low level IT, risk management and compliance to locations with a lower cost of labor.

Thusly, the aggregate amount of US financial services jobs lost to offshoring is probably minimal. I would venture a guess of no more than 150k jobs lost to offshoring (arguably I might be completely off). Further, some of this offshoring might very well be grounded in sound business decisions, such as the need to have global support operations in multiple time zones across the globe.

Additionally, it remains to be seen whether deregulation or the lack of enforcement of current regulation will help with financial services job creation per se. The demise of brick and mortar branches as the primary distribution channel for a financial product is not regulatory driven. It is borne out of societal changes enabled by new technologies. The slow unbundling and rebuilding of traditional financial services models is a byproduct of the internet age.

I cannot avoid concluding that any push to force large banks to repatriate jobs back to the US will not yield significantresults, and that any deregulation push as a basis for job creation is a weak proposition at best. Therefore the desired outcomes powering Fact #4 & Fact #5 (bringing jobs back to America and creating new jobs) are questionable, regardless of how well meaning the intent is.

On the other hand, financial institutions, are under assault frominnovative fintech startups and ravenous tech companies like Google, Amazon, Facebook, Apple (GAFA). The industry also is serving a younger consumer base withdrastically different appetites and behaviors compared to their predecessors. This leaves no other choice but to complete their transformations towards greater productivity.

Tomorrows banks will discharge their regulatory burden with but a fraction of the number of employees needed today. Tomorrows insurer will reach consumers with a digital brokerage workforce at odds with current prevalent distribution channels. Buy and Sell side institutions are today actively deploying advanced technologies that makes them brutally efficient at pre-trading, trading and post trading activities.

Everyone is betting on a conversational banking/insurance model via mobile social media apps. I am not even attempting to draft a comprehensive list of transformational changes, yet readers will clearly decipher the inevitable conclusion namely that the probability the financial services industry will employ fewerpeople in 5 to 10 years from now is much higher than the probability aggregate employment will remain unchanged or increase.

No amount of political nudging, deregulation, or trade re-engineering will prevent or reverse the consequences of technology innovation. We are left with attempting to decipherone unknown: How many jobs will the US financial services industry shed in the next 5 or 10 years, and how swift will the shedding occur? Fact #2 & #3 loom larger and stronger.

How will the impact of such dislocation be tackled? 8.8m workers is not a small number and, as the last US presidential election has proven, not paying attention to technology dislocation is unsustainable.

Notice how certain European governments treat their domestic banks as employment stabilizers and do their utmost to ensure no material waves of redundancies occur. Will the US follow this path? If so, will this furtherenable GAFA and fintech startups? More importantly, which will be the new demand curves created on the back of this dislocation?

I am sure the CEOs of most financial institutions have not failed to notice all technology companies have a much higher revenue per employee ratio than traditional banks or insurers. You have been warned and make sure to check how the statistics behind fact #1 will behave going forward Its the technology. Period!

All content 2017 by The Financial Brand and may not be reproduced by any means without permission.

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It's the Technology. Period. - The Financial Brand

Successful Aging: How to find entry points in adding technology – LA Daily News

Q I bought my 80-year-old mother a new iPad. She opened the box, threw up her hands and said, I cant do that. What can I do to help her learn the new technology? My tech savvy 30-year-old daughter volunteered to teach her. Any advice how my daughter can be most effective?

B.K.

A Dear B.K.:

To provide tips for effective tech mentoring, lets begin by understanding some of the reasons for resistance. Opposition to technology is not a new story, according to Calestous Juma, professor at the Harvard Kennedy School. In his book Innovation and Its Enemies: Why People Resist New Technologies (Oxford University Press. 2016), Juma refers to 600 years of technological controversies ranging from attacks on coffee, the printing press and margarine to debates on the potential impact of alternative intelligence, drones and 3-D printing.

He notes that society supports technology when it is perceived as an addition to our lives, embracing our desire for inclusion, purpose, challenge, meaning and alignment with nature. If technology diminishes an aspect of our humanity, he notes there is resistance.

That resistance filters down to individuals and in particular older adults. Here are some barriers as suggested by librarian and writer Renate Robey in a guide for librarians in how to teach technology:

Lack of perceived benefit or need: To be motivated to learn the new technology, older adults need to understand exactly what the benefit will be. Such benefits include being part of a grandchilds life, keeping up with family happenings, playing online games or researching family history.

Negative feelings about social media: Older adults may be frustrated and annoyed that communication has drastically changed from making phone calls and personal visits to email, tweets and Skype.

Fearful about internet safety: A deep mistrust of placing personal information on a computer is another barrier. The concern is real and is called internet fraud. Pop-up browser windows that simulate virus-scanning software can fool victims into either downloading a fake anti-virus program (at a cost) or an actual virus that opens up information on the users computer to scammers.

Computer anxiety: Fearful of breaking the computer or making a mistake can easily lead to computer anxiety. Many older adults were brought up in a school environment where the initial answer to a question had to be correct and making mistakes resulted in a lower grade.

Cognitive or physical issues: Normal changes with age can present learning obstacles. Declines in vision, memory, dexterity and mobility may make it difficult to perform simple tasks like handling a mouse. Ability to read is key. Yet, about two in five older adults indicate they have a physical or health condition that makes reading difficult, according to the Pew Research Center.

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B.K, since your daughter volunteered to be your mothers personal tutor, heres a draft of a possible script that addresses some of the barriers.

Daughter: Hi, Grandma. I know you want to stay in touch with me, but I live 3,000 miles away. I have a way for us to be part of each others lives. Lets begin with the new iPad you received as a gift for starters and learn about email. I will set it up for you. Note that doesnt mean we cant talk on the phone. Using email will just make us closer.

Know that you cannot break the computer and there are no permanent mistakes. If you misspell a word, it can be corrected. We are using a touch screen so you dont have to deal with a mouse. And remember, there is no rush. I am going to write down all of the instructions. Well use the instructions as I demonstrate the process and for practice well write lots of emails together. After I leave, you can always contact me or Mom when you see something on the screen you dont understand. You have my email address and phone number.

When you are comfortable with email, we can learn about Skype where we actually can see one another and talk. Youll love it. Actually, if you like, we can start with Skype.

Grandma, I love you.

Hopefully Grandma is relaxed with a pace that is comfortable for her and with practice, time, repetition and reaping the rewards of staying in touch with her granddaughter, shell become tech savvy.

Thanks, B.K., for your good question. At some point in our tech world, we all are learners.

Note: Most of our communities have classes on technology for older adults.

For more information, go to Helendenn@aol.com; also see http://www.HelenmDennis.com for previous columns.

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Successful Aging: How to find entry points in adding technology - LA Daily News

Using technology to fight climate change – BetaNews

2016 was the warmest year on record --around 1.2degrees C warmer than pre-industrial levels to be exact. Whilst this doesnt sound very much, evidence has already shown that an average rise of 1degree C across the whole of the Earths surface would result in huge changes to the climatic extremes we see today.

Meanwhile, our forests and oceans arent faring much better. The significant decline of the planets rainforest has been documented throughout my lifetime and, according to a report last year by the Ellen MacArthur Foundation, by 2050 there could be more plastic by weight in our oceans than fish. Add to this the recent findings that the Earth is on track to lose two-thirds of its wildlife by 2020 and its easy to see that we are already in a pretty dire state.

Unbelievably, there are those who still insist on denying the existence of the worlds environmental crisis, and worryingly, some of these are in pivotal positions when it comes to what happens in the next 10 years. This by the way is the period in which many experts believe we still have a chance to mitigate the rise in global temperatures.

Now, dont get me wrong, Im far from being an eco-warrior, but, like many, I am increasingly aware of climate change and the inescapable implications this has for us all; particularly since the most recent findings indicate these could become severe within a much shorter timescale than previously thought. I believe its clear to most rational people that we all have a part to play in halting the rise of global temperatures and even small gestures help such as, boiling less water for hot drinks or turning down the central heating by a degree or two.However, as individuals, making an "industrial scale" impact feels far more challenging. Having been involved in the application of technology for most of my working life, I wonder if this could be the great enabler of change that will make the single, largest difference.

Technology in a wider form already plays a huge part in the mitigation of global warming. Renewable energy and carbon entrapment are good examples of this.Yet the proliferation of such technology is often at the mercy of government investment and other incentives, which can ebb and flow depending upon the eco-political priorities being played out by governments at any given time.Information technology on the other hand is all pervasive, both in business and everyday life. Disruptive technology like artificial intelligence, virtual reality and augmented reality are dominating industry conferences at present but with little mention of "tech for good." So is the industry taking the climate crisis as seriously as it should?

There is actually growing evidence to suggest that tech initiatives which support the environment are on the increase and are of growing interest to the investment community.New types of funding programs are being put in place to support these, a recent example being the Barclays Unreasonable Impact Initiative.This is a partnership between Barclays Bank and Unreasonable Group, which has launched the worlds first international network of accelerators, specifically focussed on scaling up entrepreneurial solutions designed to solve some of our most pressing societal and environmental challenges, while helping to employ thousands of people worldwide.

All sorts of great initiatives have and are being developed as a result of this funding. An example being the RT7000, a highly innovative solution to the problem of end-of-life plastic, developed by Recycling Technologies. This UK startup has developed a chemical recycling machine capable of processing up to 7,000 tonnes of plastic waste per annum that would otherwise end up being landfilled, incinerated, exported at cost or dumped illegally. As part of the recycling process, the RT7000 produces a valuable hydrocarbon named Plaxx which can be used as an alternative to heavy fuel oil in the marine industry, so it is contributing to the circular economy.

In addition, some of the well-known philanthropic figureheads from the world of IT have declared their intention to back new tech initiatives that have a positive impact on the environment.Billionaire philanthropist and investor Bill Gates is launching a $1 billion fund called Breakthrough Energy Ventures to invest in new forms of clean energy. Gates has gathered a group of 20 like-minded investors, including a number of Silicon Valley tech venture capitalists, to join him in the fund which will invest in scientific breakthroughs that have the potential to deliver cheap and reliable clean energy to the world.

The cynic in us probably thinks that "responsible investments" by certain companies are simply an effort to offset all of the unfavorable things they are involved in and this raises perhaps the biggest dilemma we face. In the developed world, we have all grown accustomed to our lives as they are: cheap, plentiful food, energy on demand, a "throw-away" attitude to consumer electronics, the list goes on.Its inconceivable that we can reverse this trend in the short term, particularly as demand from the developing world escalates and politicians shy away from imposing any restrictions that will affect jobs and local economies. Its an intractable problem.So if we cant reverse it in the time we have, we must find a way to ameliorate it and I think technology will have a big part to play in this. Innovations such as the RT7000 might be seen as a drop in the ocean compared to the scale of the climate problem were facing, but its a positive step forward by an industry that has always shown leadership and could really help offset the damage already done.

That being said, our planet is facing a huge crisis and in reality, we cannot fully alleviate the environmental impact of the way we all live and work.Despite my optimism in the part technology has to play in helping to offset this, we shouldnt have a false sense of security and be complacent that it alone will solve the climate crisis. Every individual has a responsibility to do something on a personal level, whether that is full blown lobbying, or simply turning off a light when you leave the room-- as the saying goes, from small acorns The worst-case climate scenarios could see the world face an ecological meltdown by 2050, well within the lifetime of current generations. At this point it will be out of anyones hands, so failure is definitely not an option.

Andrew Moore has worked in the IT services industry for over 25 years. During this time, he has held senior sales and business management positions with Cap Gemini, Data Sciences and IBM and has been responsible for the development and growth of business operations spanning the UK and Europe.

Published under license from ITProPortal.com, a Future plc Publication. All rights reserved.

Photo Credit: red-feniks/Shutterstock

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Using technology to fight climate change - BetaNews

Pinterest brings its visual search technology to the web – TechCrunch


TechCrunch
Pinterest brings its visual search technology to the web
TechCrunch
Pinterest has been ramping up its efforts in visual search to make its search and discovery features more useful, but today it's opening up the technology a bit more with an integration into the company's Chrome browser extension. With the updated ...

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Pinterest brings its visual search technology to the web - TechCrunch

Investment in Marketing Technology Increasing – eMarketer

March 8, 2017

Marketing technology has become a fact of life, as new data from digital agency Squiz attests. Roughly two-thirds of senior marketers surveyed in Australia, the UK and the US have invested heavily in marketing technology over the past year, the study shows.

Another third of respondents said they have either invested a little to add to their existing marketing technology stack, or have taken their first steps in marketing technology.

Most senior marketers surveyed (62%) said theyre leveraging marketing technology to better understand customers and prospects. Over half of respondents said theyre doing so to automate processes and reduce time on administration, and almost as many said theyre using marketing technology because they want to take a data-driven approach to marketing.

Interestingly, nearly 40% said theyre using marketing technology to remain relevant against competitors.

Marketing technology has become a standard part of managing a business. Many companies have become comfortable enough with the concept to shift away from their initial focus on platforms, and to focus instead on data.

The number of marketing technologies used varies by company, but a November 2016 survey from Conductor, a web presence management and search engine optimization company, revealed that many US marketing executivesmore than six in 10use between six and 20 marketing technologies.

Rimma Kats

Forget the notion that Gen X is a small market: It isn't. The real problem for marketers is that Xersthough now earning and spending more per household than other generationsare financially stressed. The good news? Their digital usage, along with their TV viewing, makes them eminently reachable.

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Investment in Marketing Technology Increasing - eMarketer