China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

Gao Feng, a business consultancy headquartered in China, has released a new paper about the revolution in auto mobility in China

China’s unique set of urban transportation challenges, very high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make China a global breeding ground for mobility innovation.

The deeply-rooted automotive industry business model is experiencing disruption.

Mobility needs previously satisfied through product “ownership” are increasingly being served through mobility services “usership”, with profound implications not only for traditional players within the value chain, but also for non-traditional players – as they enter and compete to deliver services.  Continue reading China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

Effects of artificial intelligence will surpass the industrial revolution, says SoftBank CEO

The chief executive of telecommunications giant SoftBank says the effects of artificial intelligence will take the world much further and have a more profound effect than even the industrial revolution. 

An old picture of Masayoshi Son, courtesy of Wikipedia

In an article accompanying a special edition of the CBS news magazine 60 Minutes, SoftBank CEO Masayoshi Son was quoted as saying the new “information revolution” is being partly driven by data collected through billions of sensors.

SoftBank has been buying up a variety of AI and robotics startups, most recently a company called Nauto, which is developing systems for driverless cars.

At the root of the technology, Son says, are microprocessors and microcontrollers. “Those who rule chips will rule the entire world,” he said. “Those who rule data will rule the entire world. That’s what people of the future will say.”

China making ‘30 per cent more industrial robots’

cctv propaganda

China made 30 per cent more industrial robots in the first nine months of this year compared to the same period last year, according to the Communist government’s propaganda outlet CCTV

CCTV quoted a “ministry of industry and information technology official”, who was speaking at the Shanghai Industry Fair last week, when providing the figure.

China is already thought to be the world’s largest market for industrial robots, but it wants to become a maker of the machines as well.  Continue reading China making ‘30 per cent more industrial robots’

UK Labour Party ‘terrified’ of robotics and automation

Evil Daleks from Doctor Who seen outside the UK Houses of Parliament
Evil Daleks from Doctor Who seen outside the UK Houses of Parliament. Picture: Pictify

After disintegrating before the eyes of the nation over the past few months, the United Kingdom Labour Party is now having a panic attack about the ongoing robot invasion and impending total takeover. 

Despite being the largest political party in Europe by membership numbers, Labour’s entire senior leadership has been in disarray since the British public voted to exit the European Union.

Starting on the day of “Brexit” as it has become known, the Labour Party – whose members mostly supported staying in the EU – saw one senior party member after another leave their posts.

In a scarcely believable series of events, every member of Labour’s “shadow cabinet” – as the official opposition party’s leading members are collectively called – resigned.

All of the rebels said their leader, Jeremy Corbyn, was not capable of winning against the current government, led by Prime Minister Theresa May, of the Conservative Party.  Continue reading UK Labour Party ‘terrified’ of robotics and automation

‘Nobody understands me,’ moans Industry 4.0

imeche Factory_Automation_Robotics_Palettizing_Bread

Only 8 per cent of UK manufacturers have a significant understanding of Industry 4.0 processes despite 59 per cent recognising that the fourth industrial revolution will have a big impact on the sector, according to a new report published today by accountancy and business advisory firm BDO in association with the Institution of Mechanical Engineers (IMechE).

As the increasing use of automation, data exchange, technology and wider supply chain communications driven by Industry 4.0 provides both huge opportunities and threats to UK manufacturing, there remains a “gaping hole” in the education and understanding of Industry 4.0, says the report.

According to the BDO/IMechE study, increased productivity, better data analysis, increased competitiveness and lower manufacturing costs are the top ways in which Industry 4.0 will affect UK manufacturing. Continue reading ‘Nobody understands me,’ moans Industry 4.0

Japan leader promotes robot revolution at G7 Summit

Local automakers take G7 Summit opportunity to show off new autonomous car technology 

Japanese prime minister Shinzo Abe claims autonomous car technology will be safer than the human motorists of today, according to an official translation of his comments.

Abe, a fanatical supporter of artificial intelligence who recently launched a “robot revolution” to accelerate the robot takeover of the world, made his remarks at the G7 Summit, where leaders of the seven most powerful trading nations in the world were given a closer look at the latest in autonomous car technology, as well as more environmentally friendly fuel systems.

The G7 Summit was held last week in Ise-Shima, Japan, and local carmakers Toyota, Honda and Nissan took the opportunity to unveil some new innovations in their autonomous product range.  Continue reading Japan leader promotes robot revolution at G7 Summit

Artificial Intelligence: Toward a technology-powered, human-led revolution

artificial intelligence

By Abdul Razack, SVP of platforms, big data and analytics at Infosys

In 2011, Apple’s Siri began guiding, following, organizing, informing, taking notes and tailoring search results for millions of mobile users worldwide. She was one of the first mainstream machine learning tools powered by Artificial Intelligence (AI). And though AI has been around for decades behind the scenes and in academic circles, it was the first time the wider public took note of all the things a computer or personal device can learn to do.

Only in the 21st century has AI come to maturity, and today it is completely changing the way the working world functions. AI is everywhere around us, including at the heart of our discussions on innovation.

We are learning to capture this opportunity in the business world, in order to accelerate growth, and only by embracing technology-led innovation will we be able to unleash our true human potential. Routine tasks, which can consume us by eating away at time and resources, are well-suited for AI and automation, freeing workers to pursue new ideas and new ways tackle challenges that can only be solved with human imagination.  Continue reading Artificial Intelligence: Toward a technology-powered, human-led revolution