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April 22, 2014

A Fair-weather View of the Future

Posted by Mitrankur Majumdar (View Profile | View All Posts) at 7:29 AM


This Day In History 4-22-1964 The New York Worlds Fair Opens In Manhattan [Source: https://www.youtube.com/watch?v=uHJQJuYt8RI]

To Star Trek fans, it's no surprise that when the first commercially available cell phones really took hold in the 1990s, they were "flip -phones" that had an uncanny resemblance to the communicators used by the fictional crew of the Enterprise. When science fiction visionaries, or even corporations for that matter, have a healthy, optimistic view of what might be in store for society, it's amazing how many of our collective ideas can come to life.

Some 50 years ago, the last major World's Fair opened in New York City and exposed more than 50 million visitors to an array of gadgets and concepts. Most of them came from the corporate pavilions. The World's Fair amazed audiences with a selection of items that seemed so far off into the future to ever become a reality. Here are some of my favorites; you'll be surprised at how many of them were right on the mark.

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April 21, 2014

What Goes Into Making Critical Decisions?

Posted by Soundararajan S (View Profile | View All Posts) at 10:12 AM


Taming Big Data [Source: https://www.youtube.com/watch?v=hu8x2iBw6V4]

Crowd-sourcing is revolutionizing the world of decision-making. From personal decisions outsourced to family and friends ("Does this dress make me look fat?") to corporate decisions that determine the shape new products will take, (Presenting prototypes to customers for their reactions, and then going to production.) crowd-sourcing it lighting the path ahead.

But new research points to a related phenomenon that some enterprises are only now seeing as a risk to their ability to make critical decisions: crowd rule. That's right - the same types of crowds that are a boon to that product manager can mire the organization in a sea of Big Data to such an extent that the company becomes nearly paralyzed in its efforts to take decisive actions.

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April 18, 2014

Bitcoin ATM & Other Uses For a New Infrastructure

Posted by Rajashekara V. Maiya (View Profile | View All Posts) at 6:01 AM


BITCOIN ATM OPENS IN HONG KONG - Get your Bitcoin in cash: World's second Bitcoin ATM [Source: http://www.youtube.com/watch?v=JmpQyIKuW2s]

It was a spectacle enough when one of the top luxury hotels in the United Arab Emirates offered its well-heeled guests a gold ATM. Just slide in your cash and out pops a small, solid gold bar. With the economy in the shape it's in and the public's penchant for investing in precious metals, that ATM proved to be a hit.

After the first ever Bitcoin ATM at Canada last quarter, now there is a Bitcoin ATM in Hong Kong - the first of many planned for Asia. The ATM's owner is hoping that the financial world's fascination with Bitcoin will make them well received and even more of a go-to source for the crypto-currency than online exchanges such as Mt. Gox. Whether you're a fan of Bitcoin or not, one thing is undeniable: The technology that makes this new type of currency a reality is here to stay, and it might have more uses than just Bitcoin.

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