The higher you climb, the harder you fall — and that spells trouble across the board for fintech startups right now. Already fintech multiples plummeted faster, and harder, than the rest of the tech sector. A chart published by a16z shows that the peak of forward revenue multiples for fintech Read more…
It was a technically superior machine to the IBM PCs of the day, but somehow, the growing business market for computers couldn’t tell the difference, so whichever one (60×86 PCs with DOS then Windows) took the early lead in the market just kept growing by the network effect (every business Read more…
As labor shortages continue, “robot orders increased 40% in the first quarter of 2022,” reports Business Insider (citing a report from the Wall Street Journal citing the Association for Advancing Automation). “People want to remove labor,” Ametek Inc. CEO David A. Zapico told Bloomberg in November, noting that the automatic Read more…
“There’s no guarantee that robot umpires will make their way to the majors,” writes the San Francisco Chronicle. “But the system is as close as it has been now, one level below.” Here’s how it looks for a minor league/Triple-A team, the Albuquerque Isotopes: Using the same computerized optical tracking Read more…
Trying to envision “the ‘human-machine era’, a time when the tech has moved out of our hands and into our ears, eyes, and brains.” Real-time captioning of conversation. Highly accurate instant translation. Auto voice mimicry making it sound like you speaking the translation. Real-time AR facial augmentation making it also Read more…
Northwestern University engineers have developed the smallest-ever remote-controlled walking robot — and it comes in the form of a tiny, adorable peekytoe crab. Just a half-millimeter wide, the tiny crabs can bend, twist, crawl, walk, turn and even jump. The researchers also developed millimeter-sized robots resembling inchworms, crickets and beetles. Read more…
Atari pulled the plug on the release of Marble Madness II almost exactly 31 years ago after the follow up to their hit game failed to perform well in location tests. For decades the only way to play this now sought after rarity has been on one of a handful Read more…