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Innovation News
Insider
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Image Credit: Insider
How a bank CEO turned VC investor thinks about AI — and uses ChatGPT to handle emails
- Rakefet Russak-Aminoach, former CEO of Israel's largest bank, transitioned to venture capital at Team8, focusing on tech investing and disruptive AI.
- She led Bank Leumi's digital transformation, introducing new technologies and founding Israel's first mobile-only bank.
- Now as managing partner at Team8, Russak-Aminoach uses her corporate experience to invest in startups.
- She emphasizes the importance of integrating AI into organizations to stay competitive and efficient.
- Russak-Aminoach sees job losses inevitable with AI adoption, but believes new opportunities will arise.
- She predicts that AI will revolutionize financial services and improve credit underwriting processes.
- Regarding the societal impact of AI, she believes in the evolution of jobs and the positive outcomes of technological advancements.
- In her personal workflow, Russak-Aminoach relies on AI tool ChatGPT to handle emails efficiently and customize responses.
- She dictates email responses to ChatGPT, which assists in drafting tailored messages with options for tone and formality.
- Overall, Russak-Aminoach's journey showcases the intersection of corporate experience, tech innovation, and AI utilization in today's business landscape.
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24 Likes
Medium
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354
Image Credit: Medium
Infinite Possibilities With LinYuvo KS42 Programmable Joy-pad
- Controllers have evolved to offer creativity, personalization, and immersive experiences in gaming.
- The LinYuvo KS42 Programmable Joy-pad enhances gaming on Nintendo Switch models with its features.
- Wireless capability and vibrant RGB lights set the KS42 Joy-pad apart for a more engaging experience.
- Fully programmable buttons allow customization of layouts to match gaming preferences.
- Turbo functionality provides rapid-fire inputs for smoother gameplay in fast-paced scenarios.
- Haptic feedback adds tactile immersion, enhancing gameplay interactions on the KS42.
- The joy-pad's versatility extends beyond gaming to other applications on the Nintendo Switch.
- Ergonomic design and compatibility with various Switch models prioritize comfort and convenience.
- The joy-pad's wireless connectivity fosters social interactions during online gaming sessions.
- Customization options, aesthetic appeal, and sustainability considerations make the KS42 a standout choice.
- Enhanced cognitive skills, adaptability to different gaming genres, and community building are additional benefits of using the KS42 joy-pad.
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21 Likes
Medium
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201
Image Credit: Medium
The Aeon Spire System and Receiver Network
- The Aeon Spire is a prototype inspired by Tesla’s wireless energy vision, using ecological design principles.
- It harmonizes with Earth’s frequencies, especially the Schumann resonance (~7.83 Hz), drawing energy from the atmosphere and earth vibration.
- Core objectives include capturing ambient energy non-destructively, maintaining harmonic resonance, and distributing energy via a decentralized network.
- Main components include an Atmosphere Ion Harvester, Ground-Based Resonant Coil, Piezoelectric Earth Plates, AI Frequency Adjustment System, and Permaculture Towers.
- Aeon Nodes act as receivers, amplifiers, and distributors of energy, with components like resonant coils, piezoelectric substrates, graphene antennas, AI controllers, and energy storage units.
- The network topology involves a hub-and-spoke model with the Aeon Spire serving as the central hub.
- Future enhancements may include lunar and solar alignment, quantum tuning forks, and fungal neural integration for control logic.
- The Aeon Spire symbolizes a shift to regenerative energy design and serves as a mythic monument beyond its technical function.
- Intended applications include remote research sites, resilient micro-communities, regenerative art installations, and educational platforms.
- The Modular Power-Brick-β prototype aims to create a scalable wireless power mesh using self-contained resonant transmitter/receiver pairs.
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Pymnts
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Image Credit: Pymnts
Visa, Mastercard, PayPal Fuel Agentic AI Commerce Boom
- Visa, Mastercard, and PayPal have joined the agentic AI commerce trend, where AI agents assist consumers in shopping and making transactions.
- Visa CEO Ryan McInerney mentioned that agentic commerce has the potential to transform how people shop and buy.
- The companies are integrating payment capabilities into AI chatbots to allow for both shopping assistance and payment within the same interface.
- Visa's Intelligent Commerce, Mastercard's Agent Pay, and PayPal's Agent Toolkit are initiatives in agentic commerce introduced by the companies.
- Tokenization plays a crucial role in Visa and Mastercard's approach, creating unique tokens for AI agents to use for purchases with consumer-set controls.
- PayPal's approach involves a developer toolkit and access tokens for direct interaction with its platform through APIs.
- Agentic commerce is seen as a significant shift in digital retail, with implications for consumers, retailers, and financial institutions.
- Retailers must optimize for agentic commerce to ensure their products are recommended by AI agents based on consumer intent.
- Consumers can benefit from AI agents saving time and effort in shopping and payment processes, but trust-building is vital for adoption.
- Key factors for scaling agentic commerce include a reliable trust layer, transparent boundaries, explainable decisions, and failsafe recourse.
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7 Likes
Silicon
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214
Image Credit: Silicon
Microsoft To Host Elon Musk’s Grok AI Chatbot – Report
- Microsoft is planning to host Elon Musk's Grok AI model, a move that might be unsettling for OpenAI, a company Musk is in legal dispute with.
- Microsoft, a significant backer of OpenAI, is preparing to host Grok AI model on Azure cloud service, potentially making it available to developers and within Microsoft's own products.
- Elon Musk has been at odds with OpenAI and its CEO, Sam Altman, over various legal matters, including OpenAI's restructuring into a for-profit business and Musk's attempts to acquire the non-profit.
- The tensions between Musk, OpenAI, and Microsoft have led to a series of legal battles and public disputes over the direction and principles of artificial intelligence development.
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12 Likes
Medium
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61
Image Credit: Medium
PDMS in Microfluidics: Properties, Challenges, and Emerging Solutions
- PDMS, a silicon-based organic polymer, is commonly used in microfluidics for creating elastomeric replicas of microchannel designs through soft lithography.
- PDMS is optically transparent, making it suitable for live imaging and cell culture experiments, and it bonds well to glass or itself after plasma treatment.
- Advantages of PDMS in microfluidics include ease of prototyping, adaptability for complex designs, and optical transparency for various experiments.
- Challenges of PDMS include absorption of small molecules, limited shelf life, and lack of functionalities like self-healing and self-reporting.
- Scientists are developing smart PDMS materials to address limitations, extending its shelf life, stability, and usability in complex experiments.
- Elveflow offers solutions for PDMS chip prototyping and microfluidic instruments optimized for PDMS workflows, facilitating chip fabrication and fluidic control.
- PDMS's future in microfluidics looks promising with advancements in smart functionalities like self-healing and self-reporting, enhancing its adaptability and ease of use.
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3 Likes
Inkbotdesign
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Image Credit: Inkbotdesign
The Only Way to Stand Out in a Saturated Market
- In saturated markets, sameness is the enemy, not competition.
- Traditional differentiation fails in saturated markets as incremental improvements do not overcome the switching threshold.
- The answer lies in becoming structurally unique rather than just trying to be better.
- Blue ocean strategy emphasizes creating uncontested market spaces rather than competing in crowded red oceans.
- Strategic shifts like value reconfiguration, audience recalibration, experience reimagination, and business model innovation create new market space.
- Differentiation tactics include community building, transparency, personality injection, specialisation, and content leadership.
- To stand out, audit current messaging, interview customers, identify true believers, map industry assumptions, and test differentiation experiments.
- Maintaining unique positioning during growth involves alignment in product development, pricing, marketing, customer service, and team culture.
- Low-cost differentiation strategies revolve around community building, transparency, and content leadership.
- Successful differentiation requires depth, continuous innovation, and alignment across the business model.
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20 Likes
TechBullion
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Image Credit: TechBullion
How Dyson Changed The Way We Clean – And Why It’s Time To Upgrade Your Floorcare Appliances
- Dyson revolutionized the way we clean with sleek, powerful, cordless vacuums that make cleaning a breeze.
- Rezeem.ae provides verified Dyson promo codes for extra savings on top of Dyson deals in the UAE.
- Modern floorcare is all about technology, deep cleaning, and adaptive features to suit different lifestyles.
- Dyson products offer engineering precision, detecting invisible particles, self-cleaning mop heads, and AI-powered navigation.
- The cordless Dyson vacuums like the Gen5detect™ and V15 Detect™ offer powerful suction, long battery life, and advanced filtration systems.
- These vacuums convert into handhelds for versatile cleaning tasks and ensure clean air quality along with spotless floors.
- Dyson's autonomous 360 Vis Nav™ robot vacuum maps spaces, plans routes effectively, and returns to charge autonomously.
- Ideal for hands-free cleaning, the Dyson robot vacuum can be controlled remotely via the Dyson app for convenient cleaning.
- Dyson's wet and dry vacuums like the V15s Detect Submarine™ offer hybrid cleaning capabilities for both wet and dry messes.
- The Dyson Submarine™ wet roller head combines scrubbing, mopping, and sanitizing functions for efficient cleaning.
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2 Likes
Silicon
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83
Image Credit: Silicon
Apple Warns Trump’s Tariffs Will Raise Costs By $900m
- Apple has posted second quarter results slightly ahead of expectations despite concerns over Donald Trump's tariffs.
- Most devices sold in the United States will now come from India instead of China, with Vietnam becoming a major production hub for iPads and Apple Watches.
- Apple expects Trump's tariffs to add $900 million to its costs for the upcoming quarter if global tariff rates remain the same.
- In the second quarter, Apple reported a net profit of $24.8 billion, with revenues reaching $95.4 billion, showing growth in iPhone revenues and decline in Wearables, Home, and Accessories segment.
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5 Likes
Hackernoon
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Image Credit: Hackernoon
The Biggest Problems Can’t Be Googled
- Humanity has historically solved problems using the tools available at their time, often causing delays in progress. Abandoning old intuitions led to more effective solutions.
- The availability bias can lead to a misleading understanding of events, preventing exploration of unfamiliar solutions to problems.
- Major societal problems have been addressed more effectively by changing perspectives and implementing new solutions beyond traditional methods.
- Historical examples such as the Black Death, the Horse Manure Crisis, and Indoor Air Pollution highlight the importance of shifting perspectives to find innovative solutions.
- Today's global challenges like global warming, inequality, and resource scarcity require new toolboxes, with information being a predominant but potentially limited solution.
- The continuous reliance on information and technology has not necessarily revolutionized problem-solving but rather improved existing conditions.
- Proposed new toolboxes include exploring alternative dimensions, reimagining transportation, viewing the world as interconnected systems, and fostering collaboration.
- Expanding intuitions and embracing radical new ways of thinking can lead to revolutionary advancements and unforeseen progress for humanity beyond current limitations.
- Relying on traditional methods and familiar solutions may not be sufficient for addressing complex global challenges and advancing towards a radically improved future.
- Essentially, unlocking new dimensions of perception and embracing collaborative, interconnected approaches can lead to exponential advancements and transformative progress.
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19 Likes
Nonprofithub
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359
Image Credit: Nonprofithub
[PODCAST] Maximizing Volunteer Impact: Communication Strategies for Retention – Eric Burger
- Volunteers are crucial for nonprofit organizations, but 35% do not return annually, leading to a discussion on retention strategies with Eric Burger, Director of Marketing at Volunteer Hub.
- Burger emphasizes the importance of effective volunteer communication and management to ensure continued support, considering the financial value of volunteer hours at $33.49.
- Reasons for volunteers leaving include feeling unappreciated and lacking proper training, with solutions such as structured approaches, clear role definitions, and feedback mechanisms proposed to increase retention rates.
- By implementing streamlined processes like proper onboarding and systematic feedback, organizations can enhance volunteer programs and deepen connections to their mission, as discussed in the podcast episode.
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21 Likes
Medium
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425
Image Credit: Medium
The New Pit Stop Is Algorithmic: Biometric Privacy, Accountability, and the AI Revolution in…
- Formula 1 is increasingly utilizing biometric sensors and AI systems to measure driver performance and inform key race decisions.
- While such technologies offer immense potential, they also raise ethical and legal concerns surrounding data privacy and accountability.
- Biometric data like heart rate and stress levels can influence strategic decisions, training, and even contract negotiations.
- The sharing and commercialization of this data pose challenges regarding driver privacy and competitive advantages.
- Legal frameworks like GDPR require explicit consent and advanced security measures for processing biometric data in Formula 1.
- Algorithmic accountability is crucial, especially as AI systems are being used to detect infractions and assist stewards in decision-making.
- Responsibility issues arise if algorithmic errors unfairly penalize drivers, highlighting the need for clarity in accountability.
- AI's influence extends to not only how races are run but also who gets to race, creating disparities between top-tier teams and those with limited budgets.
- The implementation of AI and biometric data in Formula 1 must be guided by a solid legal framework to ensure fairness, competition, and ethical use of technology.
- The challenge lies in harnessing technological advancements to enhance competition while upholding a fair and human-centric sporting environment.
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25 Likes
Medium
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Image Credit: Medium
Transforming Mistakes into Knowledge Assets: Building Organizational Intelligence through AI-Human…
- A new framework proposes transforming workplace mistakes into valuable knowledge assets through AI-human co-creation.
- This approach aims to utilize mistakes for learning and innovation, breaking away from the fear of failure.
- The framework consists of phases like excavation, refinement, transformation, dissemination, and evolution.
- AI and humans collaboratively convert tacit knowledge from mistakes into intellectual assets.
- The process involves structured interviews, data processing, sophisticated analysis, and verification by human experts.
- Intellectual assets, derived from discovered insights, are shared and utilized across the organization.
- The framework introduces 'Structural Error AI' to detect and articulate unconscious error structures.
- Levels of organizational maturity in transforming mistakes into assets involve conceptual shifts, systematization, and cultural transformation.
- AI and humans collaborate in co-creation, amplifying each other's strengths for knowledge creation.
- Ethical considerations include balancing privacy, accountability, and knowledge ownership for effective implementation.
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6 Likes
Medium
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AI-TeachWell: A Theory for Saving a Profession, Not Just Enhancing It
- Educator burnout is on the rise in both Canada and the United States due to increased demands and limited resources, leading to unsustainable working conditions.
- AI-TeachWell theory proposes the intentional use of AI to support educators in managing workload and enhancing well-being, rather than just increasing efficiency.
- The AI-TeachWell framework focuses on using AI to assist in lesson planning, providing feedback, and facilitating professional learning, ultimately aiming to improve teacher autonomy and well-being.
- This theory advocates for a systemic approach that prioritizes sustainability and wellness in education, emphasizing care over mere productivity and innovation.
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15 Likes
Medium
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Image Credit: Medium
Innovation vs. Iteration: A Product Manager’s Dilemma
- Striking the right balance between innovation and iteration is crucial for product managers.
- Over-rotating on new features can lead to a bloated product, while an overemphasis on iteration can make a product feel stagnant.
- A product needs both innovation and iteration, but not in equal measure and not simultaneously.
- Key considerations include aligning with the product's core mission, utilizing North Star metric, and categorizing features based on iteration or innovation.
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