digitaleconomy
The South African Department of Communications and Digital Technologies has published a national policy framework, taking a significant step toward positioning the nation as a leader in artificial intelligence. According to local media, this move is a crucial “first step” in developing a comprehensive national AI policy for South Africa. The department is now seeking feedback from the information and communication technology (ICT) industry and other stakeholders to refine the policy. The Framework and its goalsThe department emphasized that once finalized, the AI policy will serve as the “foun...
Cointelegraph
Tech companies Cisco, Accenture, Eightfold, Google, IBM, Indeed, Intel, Microsoft, and SAP have warned that the ICT industry needs to improve the AI skills of their employees, as 92% of these jobs are expected to transform due to artificial intelligence developments in the coming years. In a report this week (30 July), the companies say that in 31% of the roles, employees will see less need for basic programming and language skills and a shift towards higher-level AI development competencies. They therefore need a better understanding of the machine learning systems instead. With the introduct...
Euronews (English)
Commitments made by tech giant Apple to open up access to rivals to a standard technology used for contactless payments with iPhones – “tap and go” – were enough to address European Commission competition concerns, the EU executive said today (11 July). The Commission found in an investigation, started in June 2020, that excluding Apple Pay's rivals from the market would restrict innovation and choice for iPhone mobile wallet users. It said that Apple abused its dominant position by refusing to supply “near field communication” technology to competing mobile wallet developers, and by allowing ...
Euronews (English)
Belgians are being encouraged to start spending their hidden coins so that there is no need for new production. On Monday, the Treasury launched a #spendyourchange campaign on social media, which urges individuals to dig out their forgotten pennies. There are currently more than 4.2 billion coins in Belgium, amounting to a value of more than €1.5 billion. If you put them all next to each other, they could go around the earth more than twice. Despite this, some Belgian shops still don't have enough change to give to customers paying with cash. This is because many existing coins remain unused. ...
Euronews (English)
The European Commission needs to invest more in artificial intelligence if it wants to achieve its ambitions and be on a par with the US and China, the European Court of Auditors (ECA) said in a report published today (29 May). The auditors, responsible for vetting EU finances, said that despite developing AI regulation – which will formally enter into force next month – the Commission failed to coordinate with the individual member states on AI policy and to systematically monitor investment. “Going forward, stronger governance and more – and better targeted – public and private investment wi...
Euronews (English)
A coalition of German and Lithuanian, Latvian and Estonian digital ministers have called upon the next European Commission to focus on digital infrastructure, standards and data sharing to improve the Bloc’s competitiveness during the upcoming mandate. In a press conference today (27 May), the ministers of the four countries – united in the so-called “Innovation Club” – presented their vision for the focus of the next Commission, taking office after the June EU election. They call for completion of the Digital Single Market and for more pragmatism and more efficient procedures along the way. T...
Euronews (English)
Experian’s recent Global Data Management Research report has revealed that despite the fact that 83% of businesses regard data as critical to their success, 69% say erroneous data continues to sabotage their efforts. The speed and availability of client data are key to the new digital economy. Data is accessed at all times from all over the world, and data access is no longer a predictable event. Q3 2021 hedge fund letters, conferences and more Today, data is a hot commodity with an extremely high value. However, the real value of that data comes down to its management. The data itself has lit...
ValueWalk
The global pandemic won’t halt the march of fintech across India. In fact, new figures suggest that two in five Indian adults are set to have a digital bank account within the next five years, writes James Martin. Q4 2020 hedge fund letters, conferences and more As with most industries, banking went through a lot of upheaval and change in the last year. The effect of lockdowns in countries across the globe shone a spotlight on any bank that wasn’t able to pivot to meet the needs of its customers. And while digital-first banks may not have lost out with the quick shift from in-person banking – ...
ValueWalk
New Research Sheds Light on Energy and Environmental Impacts of Digital Technologies Like Artificial Intelligence, Blockchain, and Sharing PlatformsQ2 2020 hedge fund letters, conferences and moreDigital Technologies Are Benefitting Our Economy(Washington, D.C.): Digital technologies have steadily weaved itself into the global economy, transforming the pace at which we access and process information. According to the Bureau of Economic Analysis, the digital economy accounted for 9% of the U.S. gross domestic product in 2018. Now the fourth largest sector in the United States, digital services ...
ValueWalk
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