China accelerates plans to become the world’s first cashless society as Covid-19 bites
WHY THIS MATTERS IN BRIEF Covid-19 has accelerated the trials of many different types of technologies, from drones to self-driving cars, and 3D printing, now it’s accelerating the death of cash. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. A couple of years ago the...
China wants to shape and lead global AI standards
WHY THIS MATTERS IN BRIEF AI is, arguably, as transformational technology as the internet, and China wants to play its role in helping shape and lead the global standards for the technology. It turns out that China isn’t just investing heavily in Artificial Intelligence (AI), it’s also aiming to set...
China’s cashless future, PBoC gets ready to launch world’s first national cryptocurrency
WHY THIS MATTERS IN BRIEF The use of cash in society is falling and some of the world’s largest central banks are creating new cryptocurrencies and planning for a future without cash. China’s central bank has announced that it’s going digital, but while that shouldn’t be a surprise to...
Intels Nervana chip shows the giant is serious about owning the AI market
WHY THIS MATTERS IN BRIEF Many of the AI breakthroughs over recent years have only been possible because of the exponential increase in the amount of computing power available to support them, now Intel and other chip companies are in an arms race to own the future of AI ...
Alibaba trials virtual reality payments for VR malls
The virtual world just got a new payments technology and it’s as easy as nodding your head Chinese web behemoth and Amazon stalking horse Alibaba is working on bringing its payments clout to the world of Virtual Reality and is developing technology that will let people buy goods in a...
Google reinvents hyperscale storage
Organisations that operate hyperscale cloud data centers, such as Alibaba, AWS, Google, Facebook, Microsoft and Tencent have always pushed the limits of what’s technically possible with yesterday’s hardware so in 2011 it came as no surprise that they formed the Open computing Project alliance, a program that set about to...
