WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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Curated by Farid Mheir
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Facial Recognition Is Already Here: These Are The 30+ US Companies Testing The Technology via @CBInsights

Facial Recognition Is Already Here: These Are The 30+ US Companies Testing The Technology via @CBInsights | WHY IT MATTERS: Digital Transformation | Scoop.it

US corporates are currently using facial recognition for everything from fast food orders to trying on makeup to issuing life insurance policies, and more.

Farid Mheir's insight:

WHY IT MATTER: facial recognition used to be a very difficult thing to do but AI and machine learning specifically has blown this out the water opening the way for a slew of real world useful applications. 

The Media Lab's curator insight, June 12, 2019 8:48 AM
A great concept!
ECMFAD's curator insight, June 13, 2019 1:24 PM
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45 Billion Cameras by 2022 Fuel Business Opportunities for better and for worse #security #privacy #AI #robots

45 Billion Cameras by 2022 Fuel Business Opportunities for better and for worse #security #privacy #AI #robots | WHY IT MATTERS: Digital Transformation | Scoop.it

Exclusive research by us at LDV Capital is the first publicly shared, in-depth analysis which estimates how many cameras will be in the world in 2022. Key Findings include:

  • Most of the pictures captured will never be seen by a human eye.
  • A paradigm shift will take place in the meaning and use of a camera.
  • Over the next five years there will be a proliferation of cameras integrated into products across industries and markets.
  • Where there is growth in cameras there will be tremendous business opportunities in the capture, analysis and interpretation of visual data.
  • Depth capture will double the number of cameras in handheld cameras.
  • By 2022, the number of cameras will be nearly 12X the 2012 figures.
  • Your smartphone will have between 4 and 10 cameras by 2022.
  • The Internet of Eyes will be larger than the Internet of Things.
  • In the next five years, robotics will have 20X more integrated cameras.
  • By 2022, all new vehicles will be equipped with more than 25 cameras and this does not include Lidar or Radar.
Farid Mheir's insight:

WHY IT MATTERS: cameras will become ubiquitous and AI systems will analyze those images to provide business services but also track our every move. This reports presents trends in this area.

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Great #IoT example: Tesla cars Over-the-Air Repairs Are the Way Forward via MIT @TechReview

Great #IoT example: Tesla cars Over-the-Air Repairs Are the Way Forward via MIT @TechReview | WHY IT MATTERS: Digital Transformation | Scoop.it
Tesla and GM have both issued fire-related recalls, but Tesla’s fix doesn’t require owners to bring their cars in.
Farid Mheir's insight:

Benefits of having an Internet connected device - here a car - is that it can be remotely updated to fix issues or tune performance. Convenience and fast improvements.


Remember that this means it can also be remotely monitored, both for good and bad reasons, which may also raise security and privacy concerns.

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