AI and robotics stocks outperforming other shares on markets

Artificial intelligence and robotics stocks are performing better than many other investments on the stock market, according to a report on CNBC

The website says robotics and AI stocks are “crushing” the old economy and is up by 30 per cent compared with under 10 per cent for other stocks.

In particular, the Global X Robotics and Artificial Intelligence ETF (BOTZ) and the ROBO Global Robotics and Automation Index (ROBO) have done well.  Continue reading AI and robotics stocks outperforming other shares on markets

How China’s ‘copycat’ tech companies are now the ones to beat

made in china label

By Edward Tse, CEO of Gao Feng 

For a long time, Chinese companies have been known for copying market-proven products, brands and business models from the West and adapting them for the local market with only minor modifications. Such a phenomenon is known as shanzhai, a Chinese term that was originally used to describe a bandit stronghold outside government control. In today’s slang, it refers to businesses based on fake or pirated products.

Shanzhai has been prevalent in China in recent decades and this has earned China the reputation of being a “copycat nation”. Western media report that China’s preferential policies and regulations to restrict market access, such as the the “Great Firewall” in the internet industry, and the lack of intellectual property protection, give Chinese companies an unfair home advantage to create copies.

While shanzhai is common across a range of products and services, it is particularly prevalent in the internet sector. Chinese internet companies are often compared to their Western counterparts based on the similarity of their business models. For example, Baidu is known as the “Google of China”, Alibaba as the “eBay of China”, and Xiaomi as the “Apple of China”, just to name a few.  Continue reading How China’s ‘copycat’ tech companies are now the ones to beat

Robots are taking over the world. Run for the hills now, or cash in quick – the choice is yours

money face

In this guest article, supplied by SKS Media, the spectre of high-net worth individuals teaming up with robots offer a terrifying vision of the future, with some hapless humans finding themselves in the nightmare situation of having mountains of money but not enough opportunities to spend it 

The word exponential is often used to describe the pace of technological change which has come to define the world we live in. And with new technologies such as artificial intelligence, 3D printing and virtual reality only just warming up, the pace is unlikely to let up.

In this environment is it easy to become convinced that, when competing in a global marketplace, speed is the greatest of virtues. Indeed, in The Great Acceleration, author Robert Colvile argues that speed has become the defining feature of the modern economy, the driving force behind wealth creation in the 21st century.  Continue reading Robots are taking over the world. Run for the hills now, or cash in quick – the choice is yours

President-elect Donald Trump meets with tech leaders for informal chinwag before inauguration

trump meets tech leaders
US President-elect Donald Trump sits with PayPal co-founder and Facebook board member Peter Thiel, Apple CEO Tim Cook, Oracle CEO Safra Catz and Tesla chief executive Elon Musk during a meeting with technology leaders at Trump Tower in New York, US, December 14, 2016. Reuters/Shannon Stapleton

By Gina Cherelus and Dustin Volz, Reuters

President-elect Donald Trump and some of Silicon Valley’s most powerful executives met at his Manhattan tower in the past week, at a summit convened to smooth over frictions after both sides made no secret of their disdain for each other during the election campaign.

The meeting focused chiefly on economic issues, including job creation, lowering taxes and trade dynamics with China, while largely skirting the many disagreements the tech industry has with Trump on matters ranging from immigration to digital privacy, according to a Trump transition team statement.

Trump proposed reconvening with the tech leaders as often as every quarter, the statement said.  Continue reading President-elect Donald Trump meets with tech leaders for informal chinwag before inauguration

IoT Tech Expo Global 2017 lines up keynote speakers

iot tech expo global 2017

The IoT Tech Expo Global conference has announced keynote speakers for the upcoming global event in London 2017. 

Taking place on January 23-24th at the Olympia venue, the event will feature keynote speakers from the likes of Shell, Rolls-Royce, SSE, Maersk, Thyssenkrupp, Sky, Nest, Ford, Heathrow Airport and more.

The two-day event will cover a range of industries from manufacturing to healthcare, transportation to government, logistics to retail, with a total of 7 conference tracks covering the entire Internet of Things ecosystem.  Continue reading IoT Tech Expo Global 2017 lines up keynote speakers

Can foreign tech companies win in China?

tech in asia
Picture by Andre Gunawan, Tech in Asia

China-based investment expert Edward Tse, CEO of Gao Feng, considers the fortunes of outside tech companies entering China

Clearly, China’s regulatory regime regarding the internet, in particular social media, is far more restrictive than that of the US and many other western countries in general.

The “Great Firewall” has proven itself repeatedly to be a thorn in the side of foreign companies, and not all have been able to overcome this hurdle.

Most have tried, but with varying degrees of success.  Continue reading Can foreign tech companies win in China?

A new dawn of car tech: customization through software, not hardware

car

Three ways entrepreneurs can bring the rate of progress we’ve seen in computing and communication to car tech.

Throughout much of early-to-mid 20th century, cutting-edge design and technology found its way into cars. Following the invention of the integrated circuit, chips and bits started displacing pistons and gears in the hearts and minds of engineers.

Silicon Valley’s gravitational force began stripping Motor City of its talent, compounding with the success of every tech startup. Not long after the birth of the Internet, Silicon Valley experienced unencumbered prosperity, while Detroit struggled to hold on for dear life.

Full article: http://www.oreilly.com/pub/cpc/20765