A Privately Issued Digital Currency Could One Day Deserve ‘Reserve’ Status
Such are the prospects for mainstream acceptance for something like Facebook’s Libra. But the hurdles are daunting too.
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Italy Risks Reigniting The Eurozone Crisis
In this article, Michael Collins from Magellan Asset Management discusses how another eurosceptic and indebted country is testing Brussels’s power over the eurozone project.
Read MoreFintechs Could Challenge The Business Model Of Savings Banks
Fintechs, especially if big tech gets serious about finance, are likely to peck away over time at the oligopolistic industry structures protecting savings banks due to two key advantages.
Read MoreUS Vs China In The Global AI Race
China is achieving AI milestones in voice recognition, autonomous driving and manufacturing robotics. The country is amassing databases that no other country can for algorithm-based analysis, while ‘localising’ and directing them to where they might be most beneficial.
Read MoreConsumers Are Driving China’s Economic Growth – And Foreign Investors Have Noticed
Where does the US café chain Starbucks have the largest of its 28,200 company-owned and licensed outlets that are found in 76 countries? In Shanghai, China.
Read MoreRobots And Algorithms Are Likely To Automate Workplaces At A Frenzied Pace
Believe it or not, a motion to the European parliament recommends that autonomous robots be deemed “electronic persons”. The motion for resolution suggests that self-learning robots, those that make independent decisions and interact freely, be held to have an “electronic personality”.
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