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February 2016

Helpful List: 8 Trends in Mobile Payments You Need to Know About (John Rampton)

Checks and cash are relics in the payment industry. With an influx of alternatives and the steady climb in people using their smartphones to purchase goods and services, it’s clear that mobile payments will become the preferred payment method in the very near future…

Source: 8 Trends in Mobile Payments You Need to Know About — Medium

On Mobile, Smartphones and the Hindsight that can be used to better understand the upcoming Augmented/Virtual Reality World (Benedict Evans)

What does the history of mobile tell us abut the future of cars and VR?

Benedict Evans with another great and razor sharp assessment of how things really got together to form today’s Mobile Internet and Smartphone ecosystem.

I guess this excerpt puts it quite right:

“It’s always fun to laugh at the people who said the future would never happen. But it’s more useful to look at the people who got it almost right, but not quite enough. That’s what happened in mobile. As we look now at new emerging industries, such as VR and AR or autonomous cars, we can see many of the same issues. The big picture 20 years out is actually the easy part, but the details are the difference between Nokia and DoCoMo ruling the world and the world as it actually happened. There’s going to be a bunch of stuff that’ll happen by 2025 that we’d find just as weird.”


Source: Mobile, smartphones and hindsight — Benedict Evans

A really great one on Innovation and what can be learned from China: Mindsets for Thinking about Innovation In – and Competition from – China (Connie Chan)

China has been in the headlines lately for the ongoing acceleration of its capital outflows and concerns over the reliability of its reported economic data. As various businesses and investors hastily adjust their forecasts and expectations, to me, this period of uncertainty represents an opportunity for U.S. companies: To take the time to learn, reflect, and consider what their China strategy should be. (I share specific strategies for how to approach a China strategy in part two of this post.)

But first, doing business with — or in — China requires understanding nuances that go beyond the stats and typical headlines. Until now, most entrepreneurs and commenters have been so focused on the obvious market size opportunity that they often forget the less obvious reason to study China: That there is much to learn from, not just about, Chinese companies. This includes everything from redefining how we think of innovation and how internet companies can monetize beyond advertising revenue to lessons on how startups can scale in a hyper-urban environment…

Source: Mindsets for Thinking about Innovation In — and Competition from — China – Andreessen Horowitz

Future of Smartphones: ARM forecasts that Mobile devices will be more powerful than PlayStation 4, Xbox One in 2017 (Jeff Grubb)

That supercomputer in your pocket will soon make Sony’s and Microsoft’s latest home gaming consoles look old and crusty.

ARM, the technology design company responsible for the chip architecture in mobile devices, is preparing for another big leap in computational power for smartphones and tablets. At the Casual Connect conference in Amsterdam this week, ARM ecosystem director Nizar Romdan explained that the chips that his company creates with partners like Nvidia, Samsung, and Texas Instruments will generate visuals on par with and then surpass what you get from the PlayStation 4 and Xbox One consoles by the end of 2017…

Source: Mobile devices will be more powerful than PlayStation 4, Xbox One in 2017, ARM forecasts (update) | GamesBeat | Games | by Jeff Grubb

This is one impressive Stat: WeChat had more mobile transactions over just Chinese New Year than PayPal had during the entire Year of 2015 (The Drum)

The scale of social and messaging platforms in China is at its peak on Chinese New Year, as statistics on usage of platforms such as WeChat and Weibo reveal.

According to WeChat, owned by digital media business Tencent, 420 million people sent each other lucky money via the app’s payment service on the eve of Chinese New Year. According to WeChat, it has seen a total of 8.08 billion red envelopes sent so far for Chinese New Year, eight times more than last year…

Source: WeChat had more mobile transactions over just Chinese New Year than PayPal had during 2015 | The Drum

Facebook Messenger Monetization becoming clearer: Report on Ads coming to Messenger in Q2 (Business Insider)

Facebook plans to start rolling out ads in its chat product, Messenger, in Q2

Source: Report: Facebook Messenger ads coming in Q2 – Business Insider

A must-read on where Artificial Intelligence is now and what’s just around the Corner (Singularity HUB)

At A360 this year, my expert on AI was Stephen Gold, the CMO and VP of Business Development and Partner Programs at IBM Watson. Here’s some context before we dive in.

Artificial intelligence is the ability of a computer to understand what you’re asking and then infer the best possible answer from all the available evidence.

You may think of AI as Siri or Google Now on your iPhone, Jarvis from Iron Man or IBM’s Watson.

Progress of late is furious — an AI R&D arms race is underway among the world’s top technology giants…


Source: Where Artificial Intelligence Is Now and What’s Just Around the Corner – Singularity HUB

Great Article with views from both Pro & Con Side on ‘Denying Death’: Is Radically Longer Life Good for Society? (Singularity HUB)

  1. It’s no longer a radical question.

The aging literature is replete with treatments that could prolong lifespan by 20-40%, at least in lab animals. Interventions such as caloric restriction, rapamycin and metformin have been studied for decades for their anti-aging capacity. Although there is still some discrepancy in their effectiveness in primates, the biomedical community agrees that they’re promising.

Source: Denying Death: Is Radically Longer Life Good for Society? – Singularity HUB

Comprehensive Read on Payments & Alternatives to Cash in 2016 (John Rampton)

The 2016 Mobile Payments State of the Industry Report, both U.S. and UK consumers are increasingly relying on their smartphones and tablets to search and buy products. In the U.S., using a mobile phone to access the Internet has gone from 65% in 2012 to 94% in 2015. In the UK, 58% now use their mobile phones to make online purchases with debit cards (51%), PayPal (49%), and credit card (34%). It may well be that cash will no longer be king in the not-so-distant future…

Source: Cash Alternatives in 2016 — Medium

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