5 new technology stories that will change the world!

Our Futurist Elena Corchero has her eyes firmly set on the future. She is always on the lookout for new technology that will impact the way we play, work, travel and experience life. Check her top 5 stories that stood out this month.

computer chips
MIT invested $1 billion in AI!

MIT recently announced  that they’re investing a huge $1 billion into the future of AI. This means that they will cover the costs of anyone heading to the establishment to study AI. It also puts the US firmly in the lead in the race to develop and grow AI in the direction they want to take it. At the moment AI could go in any direction however MIT is focussing on keeping the human in mind and prioritising ethics to ensure this tech is taken in the right direction. This focus on AI is a step away from how it’s been explored so far which has mainly been for profitability.

studying at MIT

Gillette started 3D printing razors!

The US razor giant Gillette has started 3D printing custom razor handles that customers can personalise via their website. 3D printing has been around for a good few years now. With a global brand trialing it, it marks another step forward for the new technology. Earlier this year Chanel also started 3D printing brushes to be used as part of a new mascara set. It won’t be long before you’ll be able to print everything you’ll ever need from the comfort of your home. Meaning more time for Netflix and less time fighting the weekend shoppers! 

Walmart prepped for Black Friday with VR!

Walmart are one of the first big retail brands to heavily invest in VR training for their staff. The US retail giant has purchased 17,000 Oculus Gos to help navigate staff through difficult situations within a virtual environment. They created a special Black Friday training program to help staff prepare for the retailer’s busiest day of the year. The simulation dropped staff into a busy shop with customers running around with packed trolleys and baskets. As Walmart continue to invest and see the benefits of VR training many more brands will begin to adopt the new technology over the coming years. So don’t be surprised if you’re handed a headset next time you have a staff training session. 

shopping bags

The first AI scripted ad was created!

Yes you read that right, AI is now scripting ads, all of you who thought you were safe from being replaced by a machine because you have a creative job best watch out! ‘Driven By Intuition’ was written by an AI and shot by an Oscar-winning director, Kevin Macdonald, for the new Lexus ES. The AI, built with Visual Recognition support from IBM Watson, was ‘trained’ with 15 years’ worth of Cannes-Lions-winning car and luxury advertisements. The AI was primed with emotional intelligence data from Unruly to teach it which moments of those adverts connected most strongly with viewers. 

New technology: Lexus advert

China’s social credit system heads for Beijing!

Finally, have you ever seen that Black Mirror episode where the world is run on a system where you’re rewarded or punished based on your social behaviour? Well it’s now a reality in China. It was first piloted in eastern China and the government has decided to start the process of rolling it out in Beijing to help closely monitor the reputations of the cities 22 million inhabitants. The new technology uses AI and image recognition through CCTV to track citizens and monitor their behaviour. However there have been a few issues with the tech, including the AI thinking that photos of individuals on bus adverts were real people and serving them tickets…so if you’re a model make sure you check the small print on your next contract!

That’s it for now. Check back each month for more new technology stories! Interested in meeting Elena and taking a tour of our Home of the future? Find out more by clicking here.