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Archive for the ‘business’ category: Page 3

Sep 4, 2024

Coming soon: NASA’s dream space plane that can carry people and satellites

Posted by in categories: business, satellites

NASA’s goal of building a space plane might at last come true. Should one company succeed in its mission, spaceplanes might actually become a reality. Unlike multi-stage rockets, Radian’s model has the potential to be a less expensive means of space travel.

A company is bringing back to life a NASA concept from decades ago to construct a reusable space plane that could affordably transport humans and small payloads into space. NASA investigated building a space plane prototype known as the X-33 in the 1990s, but the project was shelved in 2001 due to technical problems. With Radian One, a space plane that can carry up to five astronauts at a time and is fully reusable up to 100 times, Seattle-based Radian Aerospace is currently attempting to complete what NASA started.

The company’s chief technology officer, Livingston Holder, oversaw NASA’s X-33 program and is in charge of the new endeavor. Holder told CNN that since 2001, enough has changed to make building a space plane a more feasible objective. They’ve got composite materials that are lighter, tougher, and can take a larger thermal range than they had back then. And propulsion is better than anything they had, in terms of how efficiently it burns propellant and how much the systems weigh. The business informed CNN that it intends to test a scale model this year and that it has raised nearly $28 million to build Radian One in 2022.

Sep 3, 2024

Government Test Finds That AI Wildly Underperforms Compared to Human Employees

Posted by in categories: business, government, robotics/AI

A real stinker.


The trial, conducted by Amazon Web Services, was commissioned by the government regulator as a proof of concept for generative AI’s capabilities, and in particular its potential to be used in business settings.

That potential, the trial found, is not looking promising.

Continue reading “Government Test Finds That AI Wildly Underperforms Compared to Human Employees” »

Sep 3, 2024

How Predictive AI Can Optimize Business Processes In Healthcare

Posted by in categories: biotech/medical, business, finance, health, robotics/AI

Finally, the goal of any healthcare organization is to provide the best possible care to patients. Predictive AI can contribute significantly to this goal by enabling more accurate diagnoses, tailored treatment plans and earlier interventions.

From the patient’s perspective, this translates to better health outcomes, reduced hospital stays and increased satisfaction with their care. For healthcare organizations, improved patient experiences lead to higher patient retention rates, positive word-of-mouth referrals and better performance on patient satisfaction metrics, which are increasingly tied to reimbursement rates in many healthcare systems.

As we’ve explored, the benefits of predictive AI extend far beyond improved diagnostics and treatment plans. It’s a catalyst for operational excellence, financial optimization, availability of investments and long-term growth. From resource management to building an authoritative brand, predictive AI touches every aspect of the healthcare business environment.

Aug 30, 2024

Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior VP, Labcorp Diagnostics

Posted by in categories: biotech/medical, business, finance, health

Innovative Diagnostic Solutions To Enhance Patient Experiences And Health Provider Decisions — Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior Vice President, Labcorp Diagnostics; Global Head of Quality And Discipline Director, Immunohematology.


Dr. Deborah Sesok-Pizzini, MD, MBA, is Chief Medical Officer And Senior Vice President, Labcorp Diagnostics, and Global Head of Quality And Discipline Director, Immunohematology, Labcorp (https://www.labcorp.com/deborah-sesok…), where she is involved in furthering the company’s initiatives to enhance the patient experience, enable health provider decisions and develop innovative testing solutions.

Continue reading “Dr. Deborah Sesok-Pizzini, MD, MBA — Chief Medical Officer & Senior VP, Labcorp Diagnostics” »

Aug 24, 2024

NZ to trial world-first commercial long-range, wireless power transmission

Posted by in categories: business, energy

A New Zealand-based startup has developed a method of safely and wirelessly transmitting electric power across long distances without the use of copper wire, and is working on implementing it with the country’s second-largest power distributor.

The dream of wireless power transmission is far from new; everyone’s favorite electrical genius Nikola Tesla once proved he could power light bulbs from more than two miles away with a 140-foot Tesla coil in the 1890s – never mind that in doing so he burned out the dynamo at the local powerplant and plunged the entire town of Colorado Springs into blackout.

Tesla’s dream was to place enormous towers all over the world that could transmit power wirelessly to any point on the globe, powering homes, businesses, industries and even giant electric ships on the ocean. Investor J.P. Morgan famously killed the idea with a single question: “where can I put the meter?”

Aug 23, 2024

Transhumanism and Technologism

Posted by in categories: business, Ray Kurzweil, singularity, transhumanism

One of the most distinctive features of the Transhumanist project is its unflagging confidence that the advances of science and technology will usher humanity into a marvellous post-human future.

No one has expressed this more sharply than Ray Kurzweil, the futurist and engineering director at Google. In his book, The Singularity is Near (2005), Kurzweil famously writes:

… A future period during which the pace of technological change will be so rapid, its impact so deep, that human life will be irreversibly transformed. Although neither utopian or dystopian, this epoch will transform the concepts that we rely on to give meaning to our lives, from our business models to the cycle of human life, including death itself.

Aug 21, 2024

Democratizing AI With Edge Computing: Putting Intelligence In Every Device

Posted by in categories: business, robotics/AI, security

Despite these challenges, the potential rewards of edge AI are driving innovation in model optimization, device management and security solutions. As these advancements continue, the barriers to edge AI deployment are gradually being lowered, paving the way for its widespread adoption across industries.

Ultimately, edge computing democratizes AI by removing it from complex, costly cloud execution and moving it to the local, accessible devices companies already own and use. This means that small and medium-sized businesses can gain access to tools previously reserved for much larger companies.

As we move forward, AI in business and edge computing are intertwined. The ebb and flow of progress is already noticeable in edge computing applications, and AI will continue this trajectory. As edge devices become more powerful, the proliferation of intelligent applications that operate seamlessly at the edge will transform industries.

Aug 15, 2024

Eco-Friendly Delivery: The Green Appeal of Automatic Delivery Robots

Posted by in categories: business, food, robotics/AI

Could food delivery robots with zero carbon emissions influence a customer’s decision to buy food using them instead of robot vehicles that emit carbon into the atmosphere? This is what a recent study published in the International Journal of Hospitality Management hopes to address as a tea of researchers from Washington State University (WSU) investigated how a customer’s knowledge of an automatic delivery robot’s (ADR) environment impact influences their choice regarding which type of robot they want delivering their food. This study holds the potential to help scientists, environmental conservationists, and the public better understand the benefits of eco-friendly delivery robots for both the short and long term.

“Much of the marketing focus has been on the functionality and the convenience of these automatic delivery robots, which is really important, but it would enhance these efforts to promote their green aspects as well,” said Jennifer Han, who is a doctoral student in WSU’s Carson College of Business and lead author of the study.

For the study, the researchers used the Amazon crowdsourcing platform, MTurk, to conduct an online survey comprised of 418 adults who were instructed to watch videos about ADRs followed by a questionnaire regarding the environmental impact and the risk of using ADRs for their food delivery service. In the end, the team discovered a connection between participants who found ADRs were less risky and wanted an eco-friendly ADR compared to participants who thought ADRs were riskier but weren’t concerned about the environmental consequences.

Aug 14, 2024

The Limits of GenAI Educators

Posted by in categories: business, education, robotics/AI

While generative AI tools have been heralded as the future of education, more than 40 years of academic research suggests that it could also harm learning in realms from online tutoring to employee training for three reasons. First, the best student-teacher relationships are empathetic ones but it is biologically impossible for humans and AI to develop mutual empathy. Second, AI might help us bypass the boring task of knowledge accumulation but it is only through that process that we develop higher order thinking skills. Finally, digital tools are notoriously distracting and multitasking diminishes learning. As we think about the benefits of new technology, we must also consider the risks.

Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.387329 data-title= The Limits of GenAI Educators data-url=/2024/07/the-limits-of-genai-educators data-topic= AI and machine learning data-authors= Jared Cooney Horvath data-content-type= Digital Article data-content-image=/resources/images/article_assets/2024/07/Jul24_17_545985287-383x215.jpg data-summary=

Three fundamental problems with using LLMs as teachers, tutors, and trainers.

Aug 13, 2024

What Are the Benefits of Integrating Nanotechnology into IoT?

Posted by in categories: business, computing, nanotechnology

With inventions like a nanomaterial-based battery for IoT and nanoscale transistors, the future of nanotechnology in this field seems to have potential. For now, any large-scale applications are likely years away. Companies must overcome technical, cost, and implementation hurdles before progressing to mass-market applications.

However, numerous nanoscale-sized discoveries and inventions will likely emerge in the coming years. As the value of nanotechnologies and IoT continue increasing, more investors, business owners, and researchers will explore possible use cases. While their inventions may not hit shelves for years, their development speed will surely accelerate.

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