tech-news-digestWant to be the world’s first trillionaire? Invest in AI, says Mark Cuban

If you’re still looking for a sure path to mega-success, self-made billionaire and Shark Tank star Mark Cuban recommends investing in artificial intelligence.

Cuban “predicts that the world's first trillionaires will actually be entrepreneurs working with artificial intelligence,” writes Catherine Clifford of CNBC.  Cuban’s recommendation, he explains, is based on Google’s success in turning AI into a moneymaker. 

“Google recently started using AI and has added $9 billion to its revenues as a result, Cuban has been told by sources within the Internet search giant,” according to Clifford.

Google racing to take advantage of AWS lapse

The world’s leading search engine company is wasting no time in its attempt to wrestle market share away from Amazon Web Services.

“Amazon maintains a healthy lead in terms of market share, mind share and raw features, but taken collectively, Google has started to assemble a competitive offering to appeal to the enterprise market,” writes Trevor Jones of TechTarget.

Google’s immediate goal is establishing a beachhead in the growing market for higher-level services – the kind that will appeal to big companies with large amounts of cash to spend.

“Google has staked its claim in the cloud market on higher-level services and next-generation workloads, and the strategy resonates with IT pros,” writes Jones.

The push by Google will be helped, at least in the short term, by the recent AWS outage, which hampered web services in the heavily populated Northeast earlier this month.


Gazing into the World Economic Forum’s crystal ball for future tech trends

Ceri Parker of the World Economic Forum recently collected predictions from its experts about looming social, economic, and technology trends, and her article is definitely worth reading.

Here are some tech-related highlights from her list of predictions:
    • All products will become services. 
    • Hospitals will be replaced by “home-spitals.”
    • There will be a global price on carbon and the cost of renewable energy will fall.
    • We’ll be ready to launch missions to Mars by the 2030s.

While it might be tempting to dismiss some of the WEF’s predictions, they clearly point to a series of tech-enabled transformations that will have ripple effects across every industry.