A new report says the Internet of Things is poised to generate $5.5 trillion to $12.6 trillion in value by the end of the decade, Axios says. However, the McKinsey Global Institute report says that up to three-quarters of the high-end estimates for future IoT value depend on establishing interoperability.
Apple this week launched a new subscription service aimed at helping small-business owners manage the Apple devices used by their employees, Reuters reports. Business Essentials is similar to management software that companies such as Microsoft and VMware sell to large business, but Apple's version is simplified for businesses with between 50 and 500 employees.
Should we be worried that tech companies are seeking to create far more immersive digital environments, possibly mediated by brain implants? "I wish I could dismiss the metaverse—and especially the version based on brain implants—as silly techno-hype," John Horgan, director of the Center for Science Writings at the Stevens Institute of Technology, writes on Scientific American. "But scary things that once seemed inconceivable have been happening lately."
Innovations such as artificial intelligence and machine learning have been stubbornly slow to enter the health sector. But now, from AI chatbots to virtual surgeries, startups like Youper, TytoCare and Vida Health are shaping the future of medicine and caregiving, Inc. magazine reports.
A bipartisan group of lawmakers in the House of Representatives has introduced a bill that would force social media platforms to allow people to use the site without algorithms that filter or prioritize the content that users see, Ars Technica reports. The bill joins similar legislation proposed in the Senate.
Twitter is going where very few social networks have gone before: the paid consumer market. Protocol reports that the company this week launched its Twitter Blue subscription service in the U.S., marking the start of an experiment in how many paying customers a platform like Twitter can attract with the allure of just a handful of premium features.
Tech startups are offering new tools to help retailers and entertainment venues be more efficient, the New York Times reports. The added layers of technology—crowd-tracking cameras, information gleaned from smartphones, tallies of neighborhood foot traffic and sophisticated demographic data—aim to replicate the data measurement and analysis of the online experience.
In 2004, Thomas Malone wrote “The Future of Work," describing a decentralized work world enabled by sharper digital communication. Malone, a former research scientist at the Palo Alto Research Center and the founding director at MIT’s Center for Collective Intelligence, now says companies that insist on all employees returning to the office are hurting themselves, the Washington Post reports.
Common mistakes often limit firms' SEO success. Red Website Design outlined eight mistakes for Social Media Today. Among them: a target keyword is not in your domain/subdomain and content that is not optimized for target keywords.
Ancient Olympia is to be digitally preserved, in a new deal between the Greek government and Microsoft, the BBC reports. The collaboration uses artificial intelligence to map the site and augmented reality to help restore the original home of the Olympic Games, allowing viewers to explore the area as it stood more than 2,000 years ago.