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The wisdom of crowds

This talk was given at a local TEDx event, produced independently of the TED Conferences. Karl explains how the wisdom of crowds can be harnessed in powerful new ways.

Karl is the Founder of slowXchange a London based Internet platform that crowdsources forecasts on the financial performance, creditworthiness and management quality of the world’s top 2,000 listed companies. A CPA with an MBA [Deans List] from Columbia University, he is an inveterate optimist when it comes to the capacities of people and technology to solve today’s problems.

About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

Energy is the new new internet

If you’re not paying attention to what’s going on in energy, you should. We’ve seen this movie before. Spoiler alert: There’s massive economic opportunity ahead. How massive? Imagine standing in 1992, knowing that Google, Akamai, Netflix, Facebook, Amazon, eBay, BuzzFeed and Uber lay ahead.

This time it’s the “enernet,” not the internet, that will transform our lives. The story is the same, though the players have changed.

Here’s the tee up. Across the country, incumbent network providers operate highly centralized networks in their respective cities. Then, scrappy local outfits start serving the market with innovative, distributed technology. These startups create competition, and a new network emerges atop the legacy network.

Four Countries With A Rapidly Growing High Tech Sector

The high tech sector is often the backbone of a healthy economy, and this sector of the economy is growing rapidly in many parts of the world. While growth of the technology sector is likely to continue in the developed world, high tech growth is often especially rapid in the developing world. Here are some countries where high tech sector growth is taking place at a particularly rapid pace:

China: China is experiencing rapid economic growth in general, and this includes the country’s high tech sector. While the high tech sector of China has been growing for some time, it may grow at an even faster rate in the future. China’s economy is thought to be making a transition from an industrial to a post industrial nation. This transition often leads to growth in the high tech sector.

Since people in China are spending more on merchandise in general, more people in China are purchasing high tech gadgets. You can see this trend from the increase in internet usage that has been happening throughout China. It is estimated that there is a new internet user in China every 1.6 seconds. Currently, nearly 600 million people in China already use the internet. This is nearly double the population of the United States, and this figure is expected to continue rising rapidly!

We Actually Still Know Nothing About AI (But At Least We’re Trying)

Thus far, the month of January has been an exciting time for AI — new smart technologies have demoed, new papers have been written, and new discussions about how to make sure our new synthetic friends don’t kill us have sprung up.

According to Crunchbase’s annual Global Innovation Investment report, venture capital funding for artificial intelligence projects is primed for a boom this coming year, especially when it comes to smart devices, all of those lovely little toys that will make up the Internet of Things, aimed at making consumers’ lives just that much easier.

From the report:

The weird and spooky stories told by people who explored the internet’s hidden websites

The “Dark Web” is a hidden corner of the internet that is home to many things people want to keep in the shadows: drugs, counterfeits, stolen items, and so on.

But there are also far stranger elements.

A popular thread on Reddit once asked the simple question, “What’s your Deep Web story?” In other words, the Reddit user was asking people to share any weird experiences they had encountered while using anonymous web services to access secret websites.

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