Author: Colin Henderson

Progress in era of productivity
AI

Teachers to get more trustworthy AI tech as generative tools learn from new bank of lesson plans and curriculums, helping them mark homework and save time

Colin Henderson

The UK government announced a new project today that will enhance AI’s ability to assist teachers in marking work and planning lessons.From:Department for Science, Innovation and Technology, Department for Education, The Rt Hon Peter Kyle MP and Stephen Morgan MPPublished28 August 2024 Using AI tools to help reduce teachers’ workload. Artificial intelligence will be better at helping teachers mark work and plan lessons under a new project announced by the UK government today.  The project, backed by £4 million of government investment, will pool government documents including curriculum guidance, lesson plans and anonymised pupil assessments which will then be used by AI companies to train their tools so … Continue reading Teachers to get more trustworthy AI tech as generative tools learn from new bank of lesson plans and curriculums, helping them mark homework and save time

AI

Is Your Customer Data AI-Ready?

Colin Henderson

From creating personalized content to enhancing productivity, generative AI has the potential to help companies transform marketing operations Generative AI has made its way into nearly every industry, promising to change the way organizations do business. However, while generative AI can be a catalyst for creativity and innovation, it does not replace human oversight and input.    As leaders invest in implementing generative AI to enhance their marketing operations, it’s critical that they invest in the right foundations to help ensure success. One such foundation is an AI-ready data strategy.    Successful generative AI projects rely on large amounts of data to work … Continue reading Is Your Customer Data AI-Ready?

Climate

A Rare Coincidence of La Niña Events Will Weaken Hurricane Season

Colin Henderson

Annalisa Bracco Zachary HandlosAug 31, 2024 3:00 AM THIS ARTICLE IS republished from The Conversation under a Creative Commons license. The North Atlantic Ocean has been running a fever for months, with surface temperatures at or near record highs. But cooling along the equator in both the Atlantic and eastern Pacific may finally be starting to bring some relief, particularly for vulnerable coral reef ecosystems. This cooling comes from two climate phenomena with similar names: La Niña, which forms in the tropical Pacific, and the less well-known Atlantic Niña. Both can affect the Atlantic hurricane season. While La Niña tends to bring conditions ideal for Atlantic hurricanes, the … Continue reading A Rare Coincidence of La Niña Events Will Weaken Hurricane Season

Writing

Create a Digital Commonplace Book

Colin Henderson

Readers have collected their favorite literary lines for centuries. Now compiling a portable word scrapbook is easier than ever. By J. D. Biersdorfer Feb. 10, 2021 Creating a commonplace book is somewhat like marking your favorite lines in a novel with the Amazon Kindle highlights feature — except your personal one-stop knowledge repository can also include song lyrics, movie dialogue, poems, recipes, podcast transcripts, and any inspiring bits you find in your reading and listening. The commonplace book is not a new concept: Copying down your favorite lines from other people’s works into your own annotated notebook was a standard exercise in Renaissance Europe, and the … Continue reading Create a Digital Commonplace Book

Innovation, quantum

Taking a Globally Orchestrated Approach to Digital Disruption (Bain Brief)

Colin Henderson

[Bankwatch note] Bain produce a nice overview of emerging digital technologies and how to think about them. —- —- New technologies such as generative AI, quantum computing, and climate technology require unique but complementary managerial muscles. By Laurent-Pierre Baculard, Truc Mai Dupont, and Christian Tooley At a Glance Across industries, senior executives are navigating an increasingly complex landscape moving at ever greater speed—a cycle of continuous disruption. These disruptions, including advances in technology, shifts in market demands, environmental challenges, and geopolitical instability, are interconnected and amplify each other, creating new situations where change can outpace the organization’s ability to adapt. … Continue reading Taking a Globally Orchestrated Approach to Digital Disruption (Bain Brief)

Geopolitics, US

Is It the 1930s All Over Again?

Colin Henderson

A historian sees parallels between the world today and the economic uncertainties and rise of authoritarian rule in the pre-World War II era August 26, 2024 The past decade and a half has seen upheaval across the globe. The 2008 financial crisis and its fallout, the COVID-19 pandemic, and major regional conflicts in Sudan, the Middle East, Ukraine, and elsewhere have left residual uncertainty. Added to this is a tense, growing rivalry between the U.S. and its perceived opponents, particularly China. In response to these jarring times, commentators have often reached for the easy analogy of the post-1945 era to … Continue reading Is It the 1930s All Over Again?

Innovation

Deloitte analysis of 10 years … 4,000 global organizations digital transformation … enterprise value

Colin Henderson

Our analysis of 10 years of financial disclosures from more than 4,000 global organizations reveals where digital transformation actions can increase enterprise value—and, just as importantly, where they can erode it. Digital transformation is on everyone’s agenda. But the hardest part of any transformation is not deciding whether to embark on it; it’s understanding whether you’re seeing distinctive returns on your investment. Organizations often struggle to determine which actions drive the most impact and which investments yield the most enterprise value. We examined which actions can increase the odds of transformation success, and we identified the actions that drive value: … Continue reading Deloitte analysis of 10 years … 4,000 global organizations digital transformation … enterprise value

AI

AI’s race for US energy butts up against bitcoin mining

Colin Henderson

Mrinalika RoyAugust 28, 202411:27 AM EDTUpdated 2 hours ago Aug 28 – U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding artificial intelligence and cloud computing data centers. Those data centers are driving the fastest U.S. power demand growth since the start of the millennium, outpacing grid expansions and leaving giant technology companies, like Amazon (AMZN.O) and Microsoft (MSFT.O), to scavenge for vast amounts of electricity. Advertisement · Scroll to continue The electricity scramble is jolting the energy-intensive cryptocurrency mining industry. Some miners are making huge profits leasing or selling their power-connected infrastructure … Continue reading AI’s race for US energy butts up against bitcoin mining

Growth1 Comment

AI Regulation Is Coming. Fortune 500 Companies Are Bracing for Impact.

Colin Henderson

Some 27% of Fortune 500 companies cite AI regulation as a risk in their annual reports Belle LinAug. 27, 2024 at 7:00 am Relevance to Bankwatch Roughly 27% cited AI regulation as a risk in recent filings with the Securities and Exchange Commission, One of the clearest signs yet of how AI rules could affect businesses. The extent of concern across company SEC filings is a clear indication that this risk is real and enough that Boards and Senior Management will reduce their motivation to take on transformative processes associated with AI. We already see that conservatism manifested in AI … Continue reading AI Regulation Is Coming. Fortune 500 Companies Are Bracing for Impact.

Innovation

Dual transformation: Optimizing the core and building new businesses

Colin Henderson

August 23, 2024 | Article By Ari Libarikian,  Chris Hagedorn,  Matt Banholzer, and Ryan NguyenShare PrintDownload With the economy still in flux, established companies could potentially unlock and sustain growth by building new businesses while simultaneously transforming the core. DOWNLOADS Article (8 pages) In recent years, the world has experienced significant disruptions to the global economy—with lasting effects. Elevated inflation, though easing in some parts of the world, remains a serious issue, and heightened geopolitical tensions show no signs of dissipating. High interest rates continue for now, and volatile commodity prices also persist. It’s become increasingly clear that these disruptions may not be temporary; rather, they … Continue reading Dual transformation: Optimizing the core and building new businesses