How Has Ai Revolutionised Our Daily Lives For The Better?

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StrategyDriven Editorial Perspective Article|AI|How Has Ai Revolutionised Our Daily Lives For The Better?Ai and its capabilities have rapidly increased in recent years with at-home devices and mobile devices using their own Ai to increase performance. But how else has it revolutionised the way that we go about our daily routines? Whether this is in business for the use of artificial intelligence in sales, or at home to turn on and off the heating and other electrical appliances, there are a number of ways that Ai has become incredibly useful. In this article, we will be looking at the implementation of Ai and how this has revolutionised the way we conduct daily activities.

The Rise In Digital Assistances

One of the biggest ways that Artificial Intelligence has affect our daily routine is through the use of Assistances. Whether this is Amazons Alexa, Google or Siri, each of these use an Ai software to revolutionise our daily lives and make jobs easier to complete. Whether this is searching on the internet, placing directions in maps or looking for videos on Google, this ai algorithm helps to streamline the daily process and learn your daily preferences for a fully personalised experience.

Product Recommendations

Another way that Ai has helped to better people’s lives is through the use of product recommendations. Whether this is shopping on Amazon or even taking advantage of Google shopping capabilities, Ai will recommend products to you based off of your search history as well as other items that you have been looking at. This is the same with Google ads as it implements cookies that track your spending and search behaviour. This not only makes repurchasing items much easier for those of us that regularly shop online, but it also helps businesses to see more of a return of investment from their remarketing campaigns.

Tv And Music Recommendations

In addition to product recommendations, Ai is also used on some of our favourite platforms such as Netflix, Amazon Prime and Youtube streaming services. Ai is used to not only recommend programs or channels for you to watch, but they also send you notifications for up to date content that may interest you. This has revolutionised our daily lives as many of us now opt for media of this form rather than watching traditional television as there is much more variety for anyone looking to watch new content from some of their favourite actors.

Googles Algorithm

The final way that Ai has revolutionised our daily routine is through the websites that we choose. Not only does Google’s algorithm provide us with reliable information quickly, but it also encourages us to find reliable sources with new and refreshed content every day. Whether it is a website search for a specific key term or a recommended video on YouTube, this all makes our lives much easier when using the digital space. Though it does take time for the Google algorithm to get it right, this will help you to organise your life as well as enjoy media in a brand-new way.

Though this is still in the early stages, the implementation of Ai in our everyday lives is only set to make our lives easier than ever before whether this is online or in the home. Only time will tell where this will go.

Interesting Power Generation Facts You Should Know

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StrategyDriven Editorial Perspective Article |Power Generation|Interesting Power Generation Facts You Should KnowPower generation is one of the most important industries in the world. Our world needs power, and it is crucial for us to generate enough to power our homes and cities efficiently. There are many different types of power such as oil, gas, wind, solar, and nuclear; and all of these are generated in different ways and have their own purposes.

Today we are going to explore the latest power generation technologies and share some interesting facts about power.

1. Coal power plants emit something called Fly Ash, and this substance is 100 times more radioactive than a nuclear power plant of the same size.

2. William Kamkwamba powered a whole village with a homemade windmill. After reading about windmills at his local library, he built a windmill out of scraps and powered his entire village in Malawi.

3. Denmark is one of the most efficient wind power users in the world, and in 2013 on the 28th October, wind power was generating enough energy to power 122% of the county’s needs.

4. The UK is known for its love of a good brew. There is a power station inside a mountain called Dinorwig station whose sole purpose is to cope with the spike in power usage during the ad breaks on TV when people switch on their kettles.

5. Sweden asks for trash for Norway to use their Waste-To-Power plants, because they are so good at recycling that they never have enough to use.

6. Nuclear power is always associated with disasters such as Chernobyl, but they actually save lives every single year. Lower air pollution caused by less coal usage has saved over 1.8 million lives between 1971 and 2009.

7. In 1963, all private power companies were bought by the Quebec government. This has since led to the ability for them to focus on renewable energy sources, and right now hydroelectricity accounts for 96% of power in Quebec. As well as this, energy rates are some of the lowest in North America.

8. Hydroelectricity powers 99% of all Norway, this is the highest rate in the world.

9. The Titanic was a tragedy, and it should be known that engineers stayed on the ship to keep the power running to allow others to escape. No engineers made it off the ship.

10. If you are ever locked up in Brazil, you can reduce your sentence by riding on an electric bike to power a nearby village.

11. Termites might be America’s best hope for renewable energy in the future. It has been found by The U.S. Department of Energy that termites produce 2 litres of hydrogen every time they consume a sheet of paper. They are efficient and they could be a great way to power the country.

12. France produces a lot of nuclear energy, and because it is in surplus of the needs of the country, they export it to others and make a generous profit.

Industries That Are Shaping The World We Live In

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StrategyDriven Editorial Perspective Article |Industry Influence|Industries That Are Shaping The World We Live InTo some degree, every single industry is shaping the world we live in. After all, without even the smallest business, the world would be a slightly different place. However, this can be a pedantic way of looking at things. It’s quite clear that there are many industries that hold much more sway over our lives than others, and as someone hoping to start out and follow a career of importance, it can be worthwhile to know what these industries are, and what they are contributing specifically.

The upcoming decade, starting with the year 2020, is sure to be an interesting time. Never before has mankind been so connected with information, had so much terror but also love and achievement, to have so many countries following so many disparate policies, to have so many inventions run our lives and help us in ways we couldn’t imagine. Your life today is thoroughly different from the life of someone living only two or three generations ago.

For that reason, we need more intelligent, caring, ethical and responsible people in positions of power and influence than ever. If you feel yourself to be one of those people, or you hope you could be, consider the following career paths:

Silicon Valley & Big Tech

Silicon valley and big tech are influencing our lives in more ways than one. Apps such as Uber have revolutionized the means in which we consider travelling throughout our local environment, while entire careers and messages have been sustained through Apps such as Instagram and Twitter. In fact, these industries have been facing increasing calls for further regulation, suggesting that their power is being noticed more and more. Deplatforming certain ideas can lead to a very one-sided debate, while our digital presences often take precedence before our actual in-person appearance. This can be important to consider.

The Medical Industry

The medical industry is continually shaping the world in extreme ways, but not only that, recruitment for said industry has never been more open and possible. This is where you may feel a potential opening up for yourself. For example, if you browse available pathology jobs, you can see just how these vital skills are needed more than ever, and how the continual fight against diseases.

Not only that, but the future of the medical industry looks bright, as never before have amputees had such access to restoring limb functionality using prosthetics that function through neural connection to a limited degree. It’s hard to measure exactly, but over the next ten years we can expect seismic shifts in the medical field to begin, and this is exciting news.

Automotive

Vehicles have already shaped the world we live in. The structure of cities and residential districts have been completely changed thanks to vehicles, and of course, environmental impact has been hard to quantify. That being said, it’s important to note just how much potential there is out there, and what the common new trends of the industry are. For example, self-driving cars are just around the corner pending further testing. Hybrid cars are the norm, and electric cars are becoming more and more commonplace, with almost all vehicle manufacturers at least dabbling in the tech, as they know the future will be defined by it.

Not only that, but a wave of new awareness regarding diesel vehicles, driving within city centres and additional regulations that are being set up to mitigate this can suggest that governments are becoming increasingly aware of manufacturing development, and this is important. There are exciting shifts happening in this space, and they will come to define how we interact with travel into the far future.

Charitable Ventures

Charitable ventures are not only becoming more competent at spreading awareness for certain issues, but charitable measures are slowly starting to erode that lumbering mass of prior ineffectiveness that we may have become accustomed to.

Now, awareness, good intentions, the stories of individuals and groups and the spread of international understanding can happen in a moment’s notice. Most charities are able to bring their work into the fullest picture, potentially offering a more comprehensive set of beliefs to those who were yet unaware of a particular problem.

For example, charities helping to mitigate some of the damage caused to the Hong Kong people at the moment have begun to surface, allowing for those in the international community to extend their support without a lumbering charitable organization to work through. If that isn’t a sign of progress, it’s hard to know what is.

With this advice, you are certain to appreciate and learn more about the industries that shape the world we live in.

How 25 Years of the Internet Has Changed the World of Business

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StrategyDriven Editorial Perspective Article | How 25 Years of the Internet Has Changed the World of BusinessMany things have changed in the world of business over the past 25 years; in fact, some would say that almost everything to do with business and the associated transactions has changed or been altered in a significant way with the advent of the internet, online purchasing, smartphones, and Wi-Fi. While it may be true that how business is conducted has been altered significantly, it is also true that who consumers are doing business with is sometimes a complete mystery, even to the consumer. Yes, the world of business has changed a great deal in the past 25 years and here are just some of the many ways you may have noticed it altering the way you do business.

Online Information

It may be difficult to comprehend, but there are 55 to 60 billion pages of web information that has been created by people using the internet, and that figure grows exponentially each year. In addition to that number of web search engine indexed pages of data, there are an estimated hundreds of billions of pages of information that are not indexed – including almost 700 million tweet posts each day. Add to that all the emails, government records, and constantly changing pages of products for sale, and you can see how massive the world of online information has become. As little as 25 years ago, that much information available to anyone that wanted to spend time locating it was unthinkable.

Internet Searches

Once upon a time, it was thought the internet held databases, and everything was a product of those databases. While that may have been true during the early years of the internet, it is not true today. Everything is a result of a search task in the modern world. What clothes to buy, what books to read, what restaurant to visit are all the result of a search. Additionally, you no longer need to wonder about something for longer than a few seconds because you can initiate a search and the answer is instantly at your fingertips. The consumer is such a curious group that they ask the internet to answer over three trillion questions for them every year on the search engines. There is no estimation of how many additional queries are made on travel sites for where to go on vacation, shopping databases to compare different items or other areas such as the United CPA Association for information on help in a business matter, but it must be upward of six to nine trillion or more. That means the average person makes around 1,500 search queries a year, or an average of 42 a day.

Social Networks

Social media site owners report that one account alone has more than 25 percent of the world population (1.1 billion people) checking into that single site alone each day. That means that billions of people talk about different products, shops, books, and businesses every day on their favorite social media sites, and some spend hours pasting on walls, sending tweets, and posting stories about their lives. During all that interaction with their keyboards, those consumers also spend time sharing information and pictures about products they love and products that have failed them. For some businesses, the word of mouth meant instant success, but for others, it meant the death of a dream.

Product Placement

Twenty years ago, if you had a new product for sale, you could request a product placement on a shelf or endcap that would entice the consumer to purchase your items. It was the biggest and best way to get the consumer to purchase your product once they were in store. In the past five years, however, it is estimated that millions of consumers no longer step into stores to purchase products, rather they look online for goods, place an order, and have it delivered to their car outside the store or delivered right to their home. This type of consumer purchasing power has done away with product placement, and for many retailers, it has come as quite a quandary as to how to counter the power the consumer has taken away from the advertising agency and distributor.

Commercial Overload

Long ago, there was a time that four or five commercials played in certain time slots between sections of television shows. When consumers complained and used the four or five minutes as a time to get food or take the dog outside, the time slot became known as commercial overload. Today, the consumer is constantly being bombarded by advertisements to sell him or her something using the cookies his or her computer stores; and just like before, consumers are ignoring the ads in record numbers. Not only has it become more difficult to catch the consumer’s attention, but researchers have noticed that ignoring the ad placement begins at a very early age now as children begin using the internet and learn to focus on what they choose, rather than having their attention reverted away by something colorful and flashy. That means the world of advertising is going to have to learn to capture the consumer’s attention in new ways, and it will be interesting to see what advertisers come up with.

The world of business has been forever changed by the internet over the past 25 years. Some say it has been good for the business world, and others claim it has been massively destructive. Only time will tell what the real story is.

Why Fintech Will be The End of Traditional Banking

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StrategyDriven Editorial Perspective Article |Fintech|Why Fintech Will be The End of Traditional BankingIt’s a brave new world out there. As always, technology is having a profound effect on the world around us and the way we navigate through life. Who would have thought 20 years ago we would be walking around with miniature computers in our pockets? That these devices would be able to connect to the other side of the world in mere seconds? That these devices would not be restricted sending across voices but would include rich video as well? And that these devices would become more than ‘just’ communication devices? That we would use them for reading news, our entertainment, to shop online, to order food, to book a cab, and to take care of more serious business, such as authentication and finances?

The latter has really found an accelerant in mobile devices and app development. The so-called Fintech industry has been made possible by the widespread ownership of smartphones and always-on connectivity. Driven by the question ‘why’ things are the way they are, Fintech is challenging the status quo, namely traditional banks, on ‘business as usual’. Why do you need a physical branch, why do you need paper statements, why do you need to deal with an organisation that is built around handling cash? These are some of the fundamental questions that Fintech businesses start with, which expose that the banking industry is woefully behind on the times. It’s nearly impossible to have multiple savings pots with a traditional bank, whereas this with app-focused Fintech companies is as easy as creating a folder on your computer.

If anything, Fintech is putting the customer central again. It tries to remove the hoops that consumers must jump through, just to be a client. A wider movement is noticeable beyond just online-only (app-based) banks, which can be seen in how people can get mortgages and loans. Take Credit Culture, for example, which helps you take out a loan as easy and responsible as it can be, fully automated and online. The human assessment element, which can be time-consuming and costly, is taken away and replaced with algorithms and machine learning, being able to offer better rates which are more customised to an individual’s situation. It’s this customer-centric approach the general audience is responding to and younger generations, millennials and Gen Z in particular, are flocking to these types of solutions, rather than going to a traditional bank. This hasn’t gone unnoticed.

Over the last few years, the traditional banks have started responding to this trend in the market and bringing their own Fintech-esque solutions. This is happening with varying degrees of success. The problem that traditional banks really have is that they still are held to the restrictions that make them a traditional bank in the first place. This means the capital expenditures they have (physical assets such as costly buildings), staff that needs to be paid, shareholders that need to be kept happy and much more.

And this is the core of Fintech and why it is transforming and disrupting how we will handle our finances today and in the future. It challenges the very heart of traditional banks, not in how the exterior looks, but in the way, it’s built, brick by brick, pixel by pixel.