Science & Technology

Mohammad Anas Wahaj | 09 aug 2017

Research paper 'Secular Trends and Technological Progress' by Prof. Enrico C. Perotti and Robin Döttling (Ph.D. student) from University of Amsterdam (Netherlands) finds intangible capital or assets have played a key role in shaping growth, asset prices and inequality in recent decades. Researchers explain, 'The transition to a knowledge-based economy and the associated shift from physical to intangible capital is a primary cause for the rising excess savings over productive investment in advanced economies, presented in the 'secular stagnation' hypothesis. Falling interest rates and rising long-term asset values can be interpreted as a direct consequence of this gradual process. Critically, the approach also allows (us) to interpret the growing share of income gained by innovators, the progressive reallocation of credit from productive to asset financing uses (primarily for housing) and the rise in household leverage.' Secular stagnation, with its low inflation and low growth, can be understood by the growth of information economy and the expansion of intangible assets. In the information economy companies rely more on intangible assets and over the years they have boosted their investment in intangibles like intellectual property from about 30% of company capital in 1980 to nearly 70% today. According to the researchers, both intangible capital and skilled labor have outpaced the broad economy in productivity growth. James Saft explains the implications of the research findings - Secular stagnation may be here to stay, at least until the intangible economy starts coming up with projects that require huge capital investment; Monetary policy may be fighting a losing battle to spark investment and build inflation and lower-skilled wage growth; Taxation and redistribution may end up the only way to let the market work in producing innovation and also reach a democratically acceptable allocation of the proceeds. Read on...

Reuters: How the knowledge economy causes secular stagnation - James Saft
Author: James Saft

Mohammad Anas Wahaj | 30 jul 2017

According to 'Instructional Design Report 2016' funded by the Gates Foundation, there are 13000 instructional designers in US. The field is increasing in popularity as online education proliferates and the need to translate content into digital forms rises. Designing online learning experiences is becoming essential to training employees, mobilizing customers, serving students, building marketing channels, and sustaining business models. Instructional design has deep roots in distance education, human computer interaction, and visual design. Contemporary instructional design sits at the intersection of three core disciplines: learning science, human-centered design, and digital marketing. Following are some lessons and resources for those starting out in the field of instructionl designs - (1) Start with a deep understanding of your learners: Start by developing an Empathy Guide similar to one put together by Stanford d.School or reviewing the free book 'Talking to Humans' by Giff Constable; Conduct observations and interviews with target learners; Synthesize finds into learner archetypes; Test instructional concepts and product ideas by building rough prototypes; d.School 'Protyping Dashboard', Design Thinking process courses by IDEO.org or free resources offered by IDEO's Teacher's Guild. (2) Ground yourself in the fundamentals of learning science: Research on learning and teaching; 'The ABCS of How We Learn', a 2016 book by Daniel Schwartz; 'How People Learn', the 1999 foundational text edited by John Bransford, Ann Brown, and Rodney Cocking; Online Stanford lectures on Education's Digital Future. (3) Determine the 'powerful ideas' you want to teach and build your curriculum using backwards design: For education technology read Seymour Papert's 'Mindstorms: Children, Computer and Powerful Ideas'; Then use 'Understanding By Design Framework' (ascd.org) to structure your curriculum. (4) Go study other great teachers and other great learning experiences: altMBA program by Seth Godin that runs using Slack; Angela Duckworth's delivery of messages on camera; Animations produced by Amnesty International; Interactive lessonas produced on Oppia; Screen-based technologies produced by groups like Paulo Blikstein's Transformative Learning Technologies Lab; Explore multiple approaches from diverse instructional materials available online. (5) Get a lay of the technological landscape, but don't let your LMS hold you hostage: Get familiar with various platform options, particularly with most popular ones - Coursera, Udacity, Udemy, and EdX; Check out the list of global MOOC platforms curated by Class Central; Read some critical perspectives from the likes of Digital Pedagogy Lab or the MIT Media Lab; Check out the blogs of online learning pioneers like Connie Malamed. (6) Don't try to migrate an in-person experience into an online format: Read 'Rethinking Education in the Age of Technology' by Allan Collins and Richard Halverson; Explore perspectives and research of Mitch Resnick and the late Edith Ackermann of the MIT Media Lab. (7) If you build it, they won't come. Understand the fundamentals of digital marketing: Check out blog post of Alex Turnbull (Founder of Groove) that explains 6-step marketing strategy for selling online course; Udemy has also created a great toolkit to help online course instructors market their learning experience. (8) Collect student feedback. Iterate. Share what you learned. Read on...

EdSurge: A Starter Kit for Instructional Designers
Author: Amy Ahearn

Mohammad Anas Wahaj | 26 jul 2017

Richard J. Weller, professor of landscape architecture at University of Pennsylvania, and team of academics have created an online project called 'Atlas for the End of the World', a collection of maps and graphics to help viewers see where and how urbanization is in conflict with biodiversity. According to Prof. Weller, 'We mapped that interface between urban growth and the world's most valuable diversity...That conflict is bloody, it's disastrous, it's happening all over the world.' The project is an answer to Ortelius's 'Theatrum Orbis Terrarum' (Theatre of the World), printed in 1570 and thought to be the first modern atlas. Prof. Weller hopes that by 'mapping the intricacies of ecological conflict...architects, designers, and others can help create more ecologically sustainable relations between people and the planet.' Read on...

Nonprofit Quarterly: Data Activists Map the World's Ecological Conflict
Author: Cyndi Suarez

Mohammad Anas Wahaj | 25 jul 2017

Technology is taking away traditional jobs from many industries. Even the workers in technology intensive graphic design sector face challenges from online artifical intelligence (AI) platforms that provide graphic design services. Canada-based Logojoy is one such platform providing personalized graphic services for small businesses, startups and entrepreneurs. It's AI platform is intuitive and mimics the process of working with human graphic designer. Dawson Whitfield, founder of Logojoy, says, 'The magic of Logojoy is the groundbreaking algorithm, user-friendly interface, and premium design ingredients. Logojoy has close to 1000 design rules built into its algorithm.' According to EY's recent 'Millennial Economy Report', 72% of new businesses do not have the funding for graphic design services. Mr. Whitfield adds, 'As a graphic designer, many of my clients were looking for budget solutions for their businesses, so this is when I realized I could help a lot of people in the start-up and SMB spaces with this software.' Read on...

ITBusiness.ca: The next job being eaten by AI: Graphic Design
Author: Mandy Kovacs

Mohammad Anas Wahaj | 20 jun 2017

Social media is a great digital marketing tool for businesses to connect and engage with customers, and for internal communication. Integration of social media within customer relationship management (CRM) modules can help to draw, close and create repeated engagements with customers. Inputs from different social media platforms can assist in lead generation and also set up post-sale engagement with customers. Following are some advantages of social media to businesses - (1) Business professionals can find and engage with peers and customers. (2) Responding to customer complaints, obtain feedback and engage with other customer communication has become much common on social media platforms. (3) Sales people seeking prospects and leads can utilize professional networks on platforms like Linkedin. (4) Companies with robust social media strategy can counter and overcome issues before they transform into crisis due to viral nature of social media. (5) Social media can be utilized as an effective recruitment tool. Somesh Misra, VP at Deskera, a global cloud-based ERP and CRM provider, says, 'In fact, CRM providers are developing functionalities in order to deliver the benefits of Enterprise 2.0 and built-in Web 2.0 technology. Embedding innovative features such as activity feeds, conversation threads, chatbots, etc. into CRM applications could open doors to new and immense possibilities in the field of software development as well as integrated digital marketing.' Read on...

DATAQUEST: Five ways social media can strengthen your customer relationship management
Author: Muqbil Ahmar

Mohammad Anas Wahaj | 17 jun 2017

Innovation Showcase (ISHOW) by American Society of Mechanical Engineers (ASME) is a hardware competition for socially minded projects. The purpose is to create awareness that hardware engineers too play a role in social innovation. K. Keith Roe, President of ASME, says, 'Our research showed a tremendous lack of support for hardware innovators seeking to enter global markets and make a societal impact.' Paul Scott, ASME ISHOW Director, says, 'From South America to West Africa to Southeast Asia, there are many talented folks that are changing paradigms with their work.' Currently, ASME ISHOW is held in US, Kenya and India. This year's American competition will be held on 22 June 2017. According to ISHOW website (thisishardware.org), 10 American finalists alongwith their projects are - (1) Hahna Alexander (SmartBoots: Self-charging work boots that collect status and location data and provide workforces in hazardous environments with actionable insights); (2) Jonathan Cedar (BioLite HomeStove: An ultra-clean cookstove that reduces smoke emissions by 90% and biomass fuel consumption by 50% compared to traditional open fire cooking, while also co-generating electricity from the flame to charge mobile phones and lights); (3) Matthew Chun (RevX: A transfemoral rotator that restores dignity to low-income amputees by enabling them to sit cross legged, dress themselves, get back to work, and more); (4) Shivang Dave (QuickSee: PlenOptika developed the QuickSee to disrupt the barriers to eyeglass prescriptions for billions of people worldwide so that they can get the eyeglasses they need); (5) Alexandra Grigore (Simprints: With a novel fingerprinting system, Simprints aims to create a world where lack of identity is never the reason why anyone is denied basic services in healthcare, education and finance); (6) Mary McCulloch (Voz Box: Millions of people, right now, are nonverbal. Current devices are too expensive and uncustomizable. The Voz Box is an innovative speech generation device that has customizable sensors and is affordable); (7) Erica Schwarz (Kaleyedos Imaging Device (KID): A revolutionary infant retinal imager that will empower neonatal intensive care units (NICUs) worldwide to decrease the incidence of visual impairment and blindness due to infant retinal disease); (8) Kenji Tabery (VeggieNest: Smart home gardening systems, and aims to address the growing market need for access to organic, affordable, and nutritious produce that enable global consumers to be food secure); (9) Team Sixth Sense (Team Sixth Sense: We have designed a system of sensor to attach to lower-limb prosthetics that works with NeoSensory's current technology to provide realtime vibrotactile feedback); (10) Quang Truong (EV 8 Cooler: Evaptainers creates low-cost mobile refrigerators that run on water. These are perfect for low income families who live off grid or cannot afford a conventional refrigerator). Read on...

Technical.ly DC: 10 engineers will showcase hardware's role in social innovation
Author: Nia Dickens

Mohammad Anas Wahaj | 31 may 2017

Personalization and customization are key for better customer relationships. According to a new research commissioned by RICOH, more than 2/3 of European consumers say the best brands are those who treat them as individuals. The survey of 3600 consumers across Europe was conducted by Censuswide. Consumers were asked to rank brands in terms of the quality of the relationships with them before (reach), during (respond) and after (retain) purchase. Chas Moloney, director at RICOH Ireland & UK, says, 'The research we commissioned shows 57% of consumers would also spend more with brands that make them feel like valued customers. This heightens the fact that driving business growth must be intimately linked to making interactions easy and ensuring consumers feel appreciated. ...The right technology along with streamlined digital processes are the most powerful tools in the battle to satisfy and retain today's consumers.' Read on...

Independent.ie: A survey has found who the 'customer relationship leaders' are and the results will surprise you
Author: Ellie Donnelly

Mohammad Anas Wahaj | 16 may 2017

The way technology is applied and the transformations it brings, can be analyzed by viewing technology as a complement or a replacement to humans. Every industry is impacted by technological advancements. Gartner predicted in 2011 that 85% of all customer interactions with the enterprise won't involve another human. Artificial intelligence (AI) software is now capable of helping employees from both a people standpoint and a hard data standpoint, a combination of culture with productivity. Mario Martinez Jr., CEO of M3Jr Growth Strategies, interacts with Rob Käll, creator of Cien, an app that helps sales teams use AI to fix productivity, improve motivation, and increase sales effectiveness, and explores how AI can successfully help sales teams. Mr. Käll believes that AI can also solve one of the greatest challenges to sales - Motivation. He says, 'Productivity goes down as you grow your sales team. As you grow, it's hard to keep the passion.' Following are three factors that AI can assist to create successful sales team - (1) LEADS: According to Gleanster Research, only 25% of all leads are legitimate and deserve further attention. AI can help sort leads quickly and look out for good leads. Loren Baker, member of Forbes Agency Council, 'AI bots and other AI solutions will better prequalify inbound leads and assist with customer retention. Chatbots and messenger bots can lead the lead or concerned user down a path that lets the sales team know exactly what they need from a lead (qualification) perspective.' (2) PEOPLE: AI doesn't remove people from the process, it assists them to do better. AI helps select good leads and opportunities, offer personal advice, provide daily reminders, lead prioritization performance measurement comparison etc. AI can help to monitor and evaluate team members. (3) MACRO: In sales, macro factors are to be kept in mind - economic growth, competition, seasonality etc. AI can gauge macro factors and help plan accordingly. It can assist in predicting and calculating things. Mr. Käll says, 'How do you incorporate human behavior into a quantitative model? There are plenty of learning algorithms out there, but very few take human behavior into account...We give them the ability to see and understand how and why they achieve their goals.' Read on...

Business 2 Community: 3 Ways Sales Managers Can Use AI to Increase Sales Effectiveness
Author: Mario Martinez Jr.

Mohammad Anas Wahaj | 08 apr 2017

According to the findings of KPMG 2017 Global Technology Innovation report, US and China continue to be the most promising markets for technology breakthroughs that have global impact, with India and the UK progressing in third and fourth place with innovative tech hubs of their own. The report is based on survey of 841 business executives globally that focus on technology, and highlights the changing landscape of disruptive technologies, with perspectives on technology innovation trends, barriers to commercialize innovation, and insights into technology innovation leading practices. Although various countries are trying to emulate Silicon Valley to develop their own technology hubs, some are finding success in their efforts while others are facing macroeconomic and infrastructure challenges. Tim Zanni, Global and US chair of KPMG Technology, Media and Technology practice, says, 'What we have seen emerge over time is the result of countries and cities striving to replicate and build on the Silicon Valley tech innovation blueprint, and their increasing degree of success. One can debate whether or not replicating Silicon Valley is possible, but the benefits of the effort are undeniable.' Mr. Zanni states in the report that growing ecosystems as tech innovation has spread across all industries, is fueling the expansion of technology innovation development. Respondents of the survey consider the following as the top global technology innovation visionaries - Elon Musk, CEO of Tesla and SpaceX; Tim Cook, CEO of Apple; Jack Ma, Chairman of Alibaba; Larry Page, CEO of Alphabet; Sundar Pichai, CEO of Google; Satya Nadella, CEO of Microsoft; Bill Gates of Microsoft; Mark Zuckerberg, CEO of Facebook; Jeff Bezos, CEO of Amazon. Read on...

The Next Silicon Valley: US and China are top innovation hubs, followed by India and UK
Author: Nitin Dahad

Mohammad Anas Wahaj | 23 mar 2017

Norimasa Nishiyama of German Electron Synchrotron DESY, and international team of researchers from Germany and Japan (Ryo Ishikawa, Hiroaki Ohfuji, Hauke Marquardt, Alexander Kurnosov, Takashi Taniguchi, Byung-Nam Kim, Hidehiro Yoshida, Atsunobu Masuno, Jozef Bednarcik, Eleonora Kulik, Yuichi Ikuhara, Fumihiro Wakai, Tetsuo Irifune), have created a 2mm diameter disc of transparent silicon nitride, one of the hardest material known. The scientific report titled, 'Transparent Polycrystalline Cubic Silicon Nitride', was recently published in Nature. The transparent ceramic could be used for ultra-tough windows able to withstand extreme conditions. Windows that let users peer into engines and industrial reactors, or protect optical sensors from high pressures or heat are usually made of diamond, an expensive material that becomes unstable at 750°C. On the other hand, transparent silicon nitride ceramic can withstand temperatures upto 1400°C and is much cheaper. Read on...

Chemistry World: Super-hard transparent ceramic looks good
Author: Katrina Krämer

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