In 2010, image recognition algorithms outputted a false positive 30 percent of the time, with this error margin decreasing to less than 5 percent by 2016, writes John Wu in Innovation Files.
March 26, 2018
Fact of the Week: Image Recognition Algorithms Decreased Their Error Margin From 30 Percent in 2010 to Less Than 5 Percent in 2016
March 21, 2018
GMOs can save civilization by addressing the major challenges of food security, carbon emissions, and environmental stewardship in a way that benefits farmers, consumers, and biodiversity writes Val Giddings in Innovation Files.
March 19, 2018
Fact of the Week: There Were 74 Industrial Robots per 10,000 Workers Globally in 2016, up From 66 in 2015, a 12 Percent Increase
The global average for industrial robots per 10,000 workers increased to 74 robots in 2016 from 66 robots in 2015, a 12 percent increase, writes John Wu in Innovation Files.
March 12, 2018
Fact of the Week: When 12 African Nations Gained Access to High-Speed Internet, it Raised Employment Rates by an Average of 10 Percent
After the deployment of high-speed Internet in 12 African countries, 10 percent of employment growth could be attributed to that development, writes John Wu in Innovation Files.
March 7, 2018
It would be a mistake to allow Messenger Kids to become the next casualty in the campaign for an innovation-free childhood.
March 5, 2018
Fact of the Week: The Average Price of Wireless Telephone Services Decreased 12 Percent in 2017—Equivalent to the Total Decrease Over the Preceding 5 years
In 2017 alone, the average price of wireless telephone services—mobile phone contracts, prepaid plans, and Internet services—decreased by 12 percent, writes John Wu in Innovation Files.
March 2, 2018
The problem is not that Trump imposed tariffs; it is that he appears to have be motivated purely by a protectionist instinct, not because he recognized a legitimate need to aggressively confront foreign mercantilism, particularly on the part of the world’s worst offender, China.
February 27, 2018
The innovation mercantilist policies which lie at the heart of China’s model of state-led capitalism have been the central force driving this overcapacity across an ever-growing number of industries.
February 26, 2018
Fact of the Week: Investments in IT Accounted for Almost 20 Percent of Global Growth Between 1995 and 2014
From 1995 to 2014, investments in IT accounted for 20 percent of growth globally, writes John Wu in Innovation Files.
February 20, 2018
Fact of the Week: In Germany, Manufacturing Jobs Lost Through Automation From 1994 to 2014 Were Fully Offset by New Service Sector Jobs
Although automation in the German manufacturing sector decreased employment by 23 percent from 1994 to 2014, these job losses were fully offset by new job opportunities in the service sector, writes John Wu in Innovation Files.