On a weekly basis we’ll highlight 4 articles that caught our attention while doing our research. We’ll show you key events or trends in the digital world that you shouldn’t have missed this week. All articles were gathered and processed in our Trendbase tool.
Amazon reportedly to expand Whole Foods stores
Amazon.com is planning to expand its Whole Foods Market portfolio by adding more stores to put more customers within its two-hour delivery service range, The Wall Street Journal reported on Sunday, citing sources.
Whole Foods employees have visited regions of Western North America for potential retail spaces in parts of Idaho, southern Utah and Wyoming where it currently has no stores, the Journal reported, citing a source.
This clever AI hid data from its creators to cheat at its appointed task
Depending on how paranoid you are, this research from Stanford and Google will be either terrifying or fascinating. A machine learning agent intended to transform aerial images into street maps and back was found to be cheating by hiding information it would need later in “a nearly imperceptible, high-frequency signal.” Clever girl!
But in fact this occurrence, far from illustrating some kind of malign intelligence inherent to AI, simply reveals a problem with computers that has existed since they were invented: they do exactly what you tell them to do.
This is how electric cars will transform our lives
China, the world’s largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to make all new vehicles electric by 2030. Like Britain and France, these two markets are looking to phase out the sale of petrol and diesel vehicles over the next 20 years or so.
Vehicle manufacturers, the oil industry and governments are starting to wake up to the disruption that vehicle electrification could bring about. Even automakers recognise that they cannot afford to be legislated out of these lucrative markets.
Volvo, Jaguar and Land Rover, Volkswagen, Mercedes, Audi and BMW have all promised to roll out electric models over the next decade. Electro-mobility now seems inevitable, but the impact this shift will have on jobs, the oil economy and even national tax systems will be profound.
Automation will be the end of banks as we know them
The unbundling of the bank has begun.
Just 10 years ago, the average consumer had very few financial relationships and interacted with just one or two institutions to fulfill all of their financial needs. But fintech companies are breaking up the old guard by focusing on specific things that banks have done and simply doing them better. As a result, the average consumer now has numerous financial relationships, each with a clear-cut purpose.
All trends were gathered and processed in Trendbase. Trendbase is a tool that helps you to gather and categorize industry trends, identify those trends and add context to them and to share that knowledge within your organization to inspire and educate people.
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