Uncategorized – SPINPRIZECLUB.NET https://spinprizeclub.net/ The news you need, when you need it Fri, 21 Jun 2024 08:50:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 The state of AI: Hashtag Trending, the Weekend Edition – Documentary Part 2 https://spinprizeclub.net/the-state-of-ai-hashtag-trending-the-weekend-edition-documentary-part-2/ https://spinprizeclub.net/the-state-of-ai-hashtag-trending-the-weekend-edition-documentary-part-2/#respond Fri, 21 Jun 2024 08:50:38 +0000 https://spinprizeclub.net/?p=72368

The state of AI is the second in this series prepared for the long weekend. In part one, we traced the evolution of Artificial Intelligence. In episode two, we discuss where we are today in the implementation of AI using a model developed by Jackie Fenn, a Gartner analyst who developed the “Hype Curve” – a way of understanding the introduction and maturity of technology developments and trends in a commercial setting.

We try to give some perspective on why there is such enthusiasm for AI, but so little in the way of practical implementations. In doing this we propose some reasons why companies must move forward. We also propose some ideas about how companies can move forward.

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Is EU competition working? One company shows a 250 percent increase. Hashtag Trending for Friday April 12, 2024 https://spinprizeclub.net/is-eu-competition-working-one-company-shows-a-250-percent-increase-hashtag-trending-for-friday-april-12-2024/ https://spinprizeclub.net/is-eu-competition-working-one-company-shows-a-250-percent-increase-hashtag-trending-for-friday-april-12-2024/#respond Fri, 21 Jun 2024 08:48:16 +0000 https://spinprizeclub.net/?p=72366

US Internet providers must now display clear pricing and product information. HP Ink controversy continues to stain the company’s reputation with consumers. Is the EU’s competition legislation working? Early numbers seem to show it might be. And there’s a 10 million dollar bet that Elon Musk is wrong about AI.

All this and more on the “all bets are off” edition of Hashtag Trending. I’m your host, Jim Love. Let’s get into it.

New regulations from the Federal Communications Commission have taken effect yesterday, mandating that all broadband internet service providers clearly display labels detailing the prices, speeds, data caps and other key information about their service plans.

The rules are aimed at helping consumers make more informed choices by requiring ISPs to disclose this data in a simple, standardized format akin to nutrition labels on food products.

In addition to fees charged, the labels must also now list any monthly data caps or overage fees, upfront costs like equipment rental fees, a provider’s customer service contact information, and any other plan limitations like throttling policies.

Despite this progress, consumer advocacy group Next Century Cities   continued to push for even more information, saying that these broadband “nutrition labels” often overstate the real-world speeds customers can expect or obscures caps and fees.

Speaking to the FCC last month, one group urged that in addition to maximum speeds, the labels should show the average speeds users actually experience, as estimates of “typical” speeds are frequently overly optimistic.

While comprehensive, some experts warn the amount of required disclosures could overburden smaller ISPs with limited resources compared to industry giants. For now, only providers with more than 100,000 subscribers must comply and smaller providers have been given an additional year to comply.

 

The FCC is still gathering feedback on whether to mandate the display of promotional pricing periods and expiration dates, as well as taxes and fees beyond the base rate.

Next Century Cities is further advocating for a streamlined complaint process to report issues like digital discrimination in broadband deployment to the commission.

With the labeling rules now in place, the hope is that customers will be better equipped to comparison shop for broadband and avoid being misled about the true costs and capabilities of different internet packages.

Sources include: ArsTechica, Engadget, and BroadbandBreakfast

Of all of the emails I get about stories, the HP printer issue is near the top of the list. People write me, with their frustrations. And it turns out, they take these to the courts as well.

Printer owners are pushing back against HP Inc. in an ongoing class action lawsuit over firmware updates that allegedly disabled their devices from using third-party ink cartridges.

In a filing this week in an Illinois court, the plaintiffs accused HP of using software changes to monopolize the replacement ink market and “take advantage of customers’ sunk costs” in HP printers.

The consumers claim that despite never agreeing to only use HP-branded ink, recent firmware updates prevented their printers from accepting more affordable third-party cartridges.

They allege HP violated several anti-competitive statutes through this “tying scheme” accomplished via unauthorized software changes solely aimed at blocking rival ink suppliers.

The plaintiffs are seeking damages covering the cost of now-useless non-HP cartridges, as well as an injunction forcing HP to undo the firmware lockout.

For its part, HP insists it went to “great lengths” to inform buyers that its printers are designed to exclusively use HP cartridges containing security chips.

The company says the updates represent legitimate “dynamic security” measures to combat counterfeit ink, and that it does not conceal or block remanufactured cartridges reusing official HP chips.

HP also argues the plaintiffs cannot claim overcharge damages from the manufacturer under federal antitrust laws when they purchased through intermediaries.

As printer makers increasingly push subscription models, the controversy highlights long-standing tensions over the high costs of proprietary ink replacements versus third-party alternatives.

The bitter legal battle seems primed to further antagonize HP’s customer base over what critics condemn as anti-competitive practices designed to sustain lucrative ink sales.

Sources include: The Register

We’ve done a number of stories on legisltation and regulation from the EU that is aimed at increasing customer choice and promoting real competition. Is it working? In one case it seems to have had an impact.

It turns out that some alternative web browsers are reporting an uplift in user interest and downloads in the European Union following the recent enforcement of a new digital regulation called the Digital Markets Act or DMA.

The landmark rules, which took effect last month, require dominant tech gatekeepers like Apple and Google to present mobile users with choice screens displaying alternative browsers and other core apps.

The goal is to shake up competition against pre-installed defaults and make users more aware of their options beyond Safari on iOS or Chrome on Android.

While it’s still very early days, several smaller browser makers have already shared positive metrics pointing to increased attention from EU users.

Norway’s Opera says new user growth was up 63% from February to late March, while fellow Norwegian browser Vivaldi reports a 36.7% jump in EU downloads, rising to nearly 70% in the eight countries where it appears on Apple’s choice screen.

The privacy-focused Brave browser also cited a doubling of daily iOS installs in the EU compared to pre-choice screen levels.

And little-known Cyprus-based rival Aloha claimed to have seen 250% growth in new users as it jumped from the 4th to 2nd biggest EU market.

However, not all alternative browsers are seeing clear gains yet. Veteran players like Mozilla’s Firefox, DuckDuckGo and Ecosia say it’s too early to accurately assess the DMA’s impact as choice screen rollouts are still ongoing, although some claim that these browsers are purposely holding back from reporting success because they want to keep the pressure on to make the choices even more clear and easier to adopt.

For example, the are complaints that Apple’s iOS implementation in particular has significant design flaws hampering users’ ability to make meaningful choices about switching browsers.

The European Commission has open investigations into suspected cases of improper compliance by the tech giants, including Apple’s choice screen methodology.

With this continued pressure from the largest alternative browsers, and given the EUs track record, it is likely they will be monitoring closely to ensure dominant gatekeepers are genuinely opening their platforms to greater competition and consumer choice as intended.

Sources include: TechCrunch

Some tech industry CEOs are putting their money where their skepticism is when it comes to Elon Musk’s ambitious predictions about artificial intelligence surpassing human intelligence in the next few years.

During a recent interview, the billionaire claimed AI will likely exceed the cognitive capabilities of any single human by the end of 2024, with AI as a whole outstripping the combined intelligence of all humans within just five years.

But those bold forecasts are being met with raised eyebrows and big bets from some AI experts who view Musk’s timeline as wildly unrealistic.

Gary Marcus, CEO of machine learning startup Geometric Intelligence, publicly offered up $1 million to anyone, including Musk, who can prove him wrong.

That prompted Damion Hankejh, CEO of ingk.com, to raise the stakes even further, saying he’d cover a $10 million wager against Musk’s AI predictions coming true.

Marcus said Musk has not responded to the million-dollar challenges yet, but added the Tesla CEO has previously ignored Marcus’ smaller $100,000 bet that artificial general intelligence was not actually imminent, as Musk claimed.

For Marcus, the bets are about more than just money. He wants to spark a public discussion with Musk about what artificial intelligence can realistically achieve in the near-term versus the almost utopian promises that have become common from tech leaders.

Marcus argues many in the industry have a track record of making scientifically implausible claims and missing self-imposed deadlines, pointing to the ongoing challenges with self-driving cars as one example.

While large language models have made rapid advances, Marcus contends the notion they could exceed human-level general intelligence within just a couple of years is fanciful, estimating that milestone may still be decades away.

As CEOs literally gamble over contrasting AI outlooks, the high-stakes bets underscore an intensifying debate over whether too much hype is obscuring the real state and timeline of artificial intelligence development.

I don’t know. Just this once and only once. I’m putting my money on Elon being right.

As always, love to hear what you might think.

And that’s our show for today…

Thanks for those who’ve written in with comments including the person who wrote me about their trials and tribulations HP printers and ink purchases.

Keep it coming.  And don’t forget, you can find us on YouTube now. If you check us out there, please give us a like or even a subscribe as we try to build and audience there as well.

I’m your host Jim Love, have a Fantastic Friday.

 

 

 

 

 

 

 

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Virtual Avatars fueled by Generative AI increasing B2B sales and marketing scalability https://spinprizeclub.net/virtual-avatars-fueled-by-generative-ai-increasing-b2b-sales-and-marketing-scalability/ https://spinprizeclub.net/virtual-avatars-fueled-by-generative-ai-increasing-b2b-sales-and-marketing-scalability/#respond Fri, 21 Jun 2024 08:46:51 +0000 https://spinprizeclub.net/?p=72364

Vidyard, a popular video messaging company, has recently announced its entry into the virtual digital avatar market and secured new funding of $15M from Export Development Canada (EDC), BMO Capital Partners, and existing investors Battery Ventures, Bessemer Venture Partners, and iNovia Capital. This brings the company’s total funding to $90.7M.

According to Gartner Research, AI avatars using generative AI technology will support 70% of digital and marketing communications by 2025, up from less than 5% in 2022. The AI avatar market is valued at USD 14.34B in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 47.1% from 2023 to 2030. The growth is driven by increased demand for remote collaboration tools, customer preferences for video content in corporate communications,  hybrid work environments, and advancements in video streaming technology.

Jonathan Lister, Chief Operating Officer at Vidyard says “the increasing demand for authentic and personalized characters for online interactions by companies from various industries is opening up a future where AI-powered video communications can become the cornerstone of productive connections between sellers and buyers.”

Vidyard’s advantage over leading AI video and avatar providers, such as Synthesia, HeyGen, and Tavus, is that its products are embedded in a sales workflow, making it easy to create personalized videos and send them to buyers all within the sales ecosystem. Market leaders like Microsoft, Marketo, and Hubspot are already using Vidyard.

Hubspot’s VP of Platform Ecosystem, Scott Brinker, who has been testing Vidyard’s AI Avatar platform, says that “Virtual avatars will address a lot of critical pain points for HubSpot users, including the stage fright associated with traditional video recording, the massive amount of time it takes to get them ‘right,’ the difficulty of finding the right place and time to do it, and the fact that it’s rarely their top priority.”

In a recent customer survey by GTM Partners, Vidyard found that when video was added, sales funnel performance increased by 85%, four to five times more meetings were booked. In addition, two to four times more sales-qualified opportunities were generated. This resulted in a 25% increase in close rates.

According to Gartner, AI’s capability to help sellers engage more effectively with prospects and customers and to do so at scale by automating labor-intensive tasks is one of the most valuable contributions to using AI in sales.  As communications continue to shift in customer preferences, virtual avatars are making it extremely easy for sales and marketers to get messages out highly personalized and improve customer and buyer interactions.

Kelvin Beachum, a National Football Athlete of the Arizona Cardinals, has found Vidyard’s virtual avatar technology useful. He says “AI technology is just beginning to crack the surface of its capabilities. For me, time is money. As an organization, we are always trying to be efficient with our time to accomplish as much as possible at a high level. Using AI for efficiency allows for a high-velocity workflow of my daily operations, and I am excited to continue implementing it.”

Lister says “B2B buying and selling is fundamentally broken. Buyers want timely and relevant information and automation that helps simplify their complex buying journey. While the sellers struggle to build meaningful relationships, communicate with an ever-increasing number of stakeholders, and deliver high-quality insights given the limitations of current sales technology.”

As this market continues to unfold, there is a need to keep a vigilant eye on deep fakes and the increasing risks of video communication. Stanford has released guidelines on digital communication ethics to help mitigate deep fake risks.

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This AI algorithm counts flowers on trees to predict crop yields months in advance https://spinprizeclub.net/this-ai-algorithm-counts-flowers-on-trees-to-predict-crop-yields-months-in-advance/ https://spinprizeclub.net/this-ai-algorithm-counts-flowers-on-trees-to-predict-crop-yields-months-in-advance/#respond Fri, 21 Jun 2024 08:44:28 +0000 https://spinprizeclub.net/?p=72361

Scientists have trained an AI algorithm to count the number of flowers on fruit trees using only smartphone images. The system could predict the size of a harvest months in advance — saving farmers time, money, and water.  

Researchers from Chile, Spain, and the UK’s National Robotarium developed the algorithm. The Robotarium is a centre for robotics and AI based in Edinburgh, Scotland. The team looks to address a global problem.

“In countries all across the world, farmers often rely on manual methods to estimate their yields, which can have a significant error margin,” said lead researcher Fernando Auat Cheein, an associate professor at the National Robotarium.  

Agriculture uses around 70% of the world’s freshwater and wastes almost half of it. Around 50% of the fruit and vegetables grown for human consumption are also lost

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The flower-counting AI could reduce this waste. It could also boost farmers’ yields by improving their allocation of water and fertiliser. 

“By focusing their efforts on areas of the farm that are expected to yield the most fruit, farmers can optimise resources, reduce their environmental footprint, and maximise both the quantity and quality of their harvest,” said Cheenin.

The team has already tested the AI at an orchard in Spain. It predicted flower counts there with 90% accuracy. Manual counts typically range from 50% to 70%, for comparison. The system recognises the unique patterns, shapes and colours of flowers even when they overlap or are partially obscured. 

In September, the researchers will validate the AI’s predictions against the real peach harvest. If the approach proves effective, they believe it could be adapted for other important crops such as apples, pears, and cherries. 

“The principles behind this technology could be applied to a wide range of fruit crops worldwide, including those grown in the UK,” said Cheein. The system arrives in rapidly changing times for agriculture.

Farming is one of the world’s oldest industries, but also one of the least efficient. Increasingly, however, farmers are adopting technologies like AI, drones, and robots in a bid to make their jobs easier, greener, and more profitable.  

For instance, German startup Constellr has developed a satellite-based crop monitoring system that helps farmers identify crop damage days or even weeks in advance. Another startup, Belgium’s Robovision, has created a platform for managing AI-based vision systems on farms.

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Eye-tracking VR system helps children stay still during MRI scans https://spinprizeclub.net/eye-tracking-vr-system-helps-children-stay-still-during-mri-scans/ https://spinprizeclub.net/eye-tracking-vr-system-helps-children-stay-still-during-mri-scans/#respond Fri, 21 Jun 2024 08:42:32 +0000 https://spinprizeclub.net/?p=72359

A new VR system that uses eye-tracking technology can calm children while they undergo Magnetic Resonance Imaging (MRI) scanning.

Developed by researchers at King’s College London, the method aims to mitigate children’s tendency to move during MRI scans. by engaging them in immersive virtual reality experiences.

Compared to adults, children are less likely to remain still inside the scanner, often negatively influenced by the large size of the machine and the loud noises. As movement can disrupt the quality of the images, doctors frequently have to resort to approaches such as sedation or general anaesthesia.

To address this, the researchers have developed an eye-tracking technology which enables gaze-based human-computer interaction (HCI). They have integrated the technology into their MR-compatible VR system, enabling children to watch videos or play games sing only their eyes.

Existing gaze-based HCI systems generally need some form of adjustments or set-up steps before the start of each session. But the team’s solution promises immediate interaction and instant user control to maximise engagement.

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To initiate actions like starting a game or watching a video, children simply need to hold their gaze on items on the screen. As the child interacts, the eye-tracking system updates itself, allowing for direct and continuous engagement.

The researchers have successfully tested the method on 23 children aged between two and 13.

As it’s impossible to eliminate head movement completely, the research team plans to combine the VR system with another solution they have developed for MRIs — a tool that retrospectively performs motion correction on scans.

“Our approach opens new possibilities for awake [MRI] studies in young children for both clinical and research purposes,” said Dr Kun Qian, lead author of the study.

He added that it can potentially reduce the need for procedures such as anaesthesia, “enabling a new generation” of MRI-based studies of “awake brain processing” during childhood.

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How to get the most out of TNW Conference 2024 https://spinprizeclub.net/how-to-get-the-most-out-of-tnw-conference-2024/ https://spinprizeclub.net/how-to-get-the-most-out-of-tnw-conference-2024/#respond Fri, 21 Jun 2024 08:40:24 +0000 https://spinprizeclub.net/?p=72356

If you’ve already secured your ticket for TNW Conference 2024 taking place June 20 – 21 in Amsterdam, you probably already have your eye on several fascinating talks set to take place (if not, get some inspiration from our team here, here, and here).

But there’s a lot more you can and should take advantage of while you’re there.

Here are a few things not to be missed:

Secure a spot on one of our new TNW Tech Tours & Industry Meet-ups

This year, we’re introducing a new TNW Tech Tours & Industry Meet-ups component. Whether you’re interested in Emerging Tech, AI & ML, MarTech, SaaS, FinTech, or Climate Tech, these exclusive tours provide firsthand access to cutting-edge technologies within each field.

Each 45-minute tour is followed by an exclusive meet-up that connects you with industry experts from leading companies and startups in the space.

There are limited spots, so sign up as soon as possible here

Receive expert insights into accelerating DEI in your organisation

We’ll be hosting the second edition of the DEI Coalition alongside TNW Conference. Over the two days, we’ll have a special programming track of workshops, mentoring sessions, and networking opportunities all dedicated to accelerating Diversity, Equity and Inclusion (DEI) in tech.

Check out the DEI Coalition agenda for Day 1 and Day 2 here or stop by our DEI Lounge to get more information. And don’t miss the DEI drinks on Thursday, 20 June, from 16:00 to 17:00.

Take advantage of our networking platform

TNW Conference isn’t just about hearing from experts, but also being able to meet them in person. Whether you just want to chat about the latest trends in the field or make new business contacts, our networking platform was built to help you find new connections.

You can access the networking platform by downloading the TNW Conference app here.

The app also has a scanning tool you can use to easily scan contact’s badges and store their contact information. Last but not least, you can use the app to pre-plan and schedule the events you’d like to see most and navigate the conference floor plan.

Choose from over 50 side events taking place June 19 – 21

Aside from our normal conference programming, we also have over 50 side events taking place around the conference and in Amsterdam from June 19 – 21. From pitch battles to networking opportunities, and karaoke cruises to padel court fun, there’s really something for everyone.

Check out the different side events here

If you’re interested in attending TNW Conference (and saying hi to our editorial team) we’ve got a special offer for our readers. At the ticket checkout, use the code TNWXMEDIA to get 30% off your business pass, investor pass, or startup packages (Bootstrap and Scaleup).

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EU delays vote on controversial CSAM legislation https://spinprizeclub.net/eu-delays-vote-on-controversial-csam-legislation/ https://spinprizeclub.net/eu-delays-vote-on-controversial-csam-legislation/#respond Fri, 21 Jun 2024 08:38:30 +0000 https://spinprizeclub.net/?p=72354

A Belgian diplomat told Politico that the EU Council vote was cancelled ‘in the last hours’ because it appeared that the required qualified majority would not be met.

Read more: EU delays vote on controversial CSAM legislation

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How to manage the multigenerational workforce https://spinprizeclub.net/how-to-manage-the-multigenerational-workforce/ https://spinprizeclub.net/how-to-manage-the-multigenerational-workforce/#respond Fri, 21 Jun 2024 08:36:48 +0000 https://spinprizeclub.net/?p=72352

With five different generations in the current workforce, Hays’ Simon Winfield examines the challenges facing leaders and advises them on how best to embrace it.

Read more: How to manage the multigenerational workforce

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Fact-checking startup targets AI hallucinations after raising €1M https://spinprizeclub.net/fact-checking-startup-targets-ai-hallucinations-after-raising-e1m/ https://spinprizeclub.net/fact-checking-startup-targets-ai-hallucinations-after-raising-e1m/#respond Fri, 21 Jun 2024 08:34:32 +0000 https://spinprizeclub.net/?p=72350 A fact-checking startup has accelerated plans to banish AI hallucinations after securing €1mn in funding. Norway-based Factiverse uses machine learning to verify content generated by artificial intelligence. The company’s tools automatically detect inaccurate outputs. These errors now frequently cause controversy. A New York lawyer, for instance, had to apologise for using bogus court citations sourced from ChatGPT. CNET needed to correct 41 of the 77 stories that the news outlet had written with an AI tool. Microsoft’s Bing AI has produced numerous errors in analyses of earning reports. The company’s chatbot has also claimed it spied on employees. Factiverse offers a solution to…This story continues at The Next Web

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IT World Canada assets are for sale https://spinprizeclub.net/it-world-canada-assets-are-for-sale/ https://spinprizeclub.net/it-world-canada-assets-are-for-sale/#respond Fri, 21 Jun 2024 08:32:11 +0000 https://spinprizeclub.net/?p=72347

The assets of iconic publisher IT World Canada are up for sale. Today the Trustee, Crowe Soberman released the notice of sale. The following is a summary of that information taken from the PDF document available from the Trustee. For the official version of this information, please contact the Trustee using the contact information at the bottom of this article.

Invitation for Offers to Purchase the Business and Assets of IT WORLD CANADA INC. DEADLINE FOR SUBMITTING A BINDING LETTER OF INTENT: June 12, 2024

An opportunity exists to purchase the assets of IT World Canada Inc. (“IT World” or the “Company”).

For over three decades IT World was a leading Canadian online resource for IT professionals working in medium to large enterprises.

In addition, the Company specialized in providing marketing services, advertising and demand generation consulting for a variety of companies through their website, newsletters, affiliated podcasts, events and other media publications.

Included in the property for sale are the websites:

ITWorldCanada.com
ITBusiness.ca
Directioninformatique.com
ChannelDailynews.com
Itwc.ca (corporate website)

In addition there are:

A large number of opt-in Newsletters including dailies for each publication as well as newsletters for key areas of interest.
IT World has a database of over 250,000 subscribers and contacts. Subscribers and contacts are compliant with Canadian Anti-Spam Legislation. Full demographic information and analytics regarding the subscribers are also available.
Client List of Key Media Purchasers, with Contacts and History of Engagements
Industry Partnerships and Key Industry Events: Established keynote events including MapleSec (cybersecurity), Analytics unleashed and more.

If you are interested in pursuing this opportunity, please contact the Trustee to obtain the full document and a non-disclosure agreement (NDA). Parties who execute the NDA will be given access to a virtual data room providing confidential information and documents regarding the Company.

The deadline for delivery of a binding letter of intent is June 12, 2024 at 5:00 pm (EST). Trustee’s name: Crowe Soberman Inc. Attention: Zach Zelewicz 1-416-963-7205 Email: [email protected]

 

 

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