Even casual readers of the financial media may have noticed a certain pattern lately. With every new report about unemployment, factory utilization, or home/auto sales, forecasters and pundits alike seek to reassure us that we're out of the Great Recession, which began in 2008. Is it back to normal yet?
In the United States, at least, the signs are somewhat promising. The sickening skid in real estate prices has been arrested, the auto industry is on track to sell some 16 million vehicles this...
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OVERVIEW AT A GLANCE
The Power of the New Normal
Hear from industry veteran Tim Corcoran how adapting to the new normal is good for law firms, good for in-house counsel and good for business. The underlying point is that embracing these concepts aren't a necessary evil, but can actually lead to better...
Statisticians rarely make the news. This is no surprise as their work tends to focus on complex research at universities, think tanks and large corporations. That’s what makes the story of FiveThirtyEight blogger (and SAP TechEd Las Vegas keynote speaker) Nate Silver so fascinating and insightful.
Silver’s rise from baseball geek to acclaimed author/journalist at The New York Times and ESPN is a wonderful example of how one person can change how the world thinks. He brought...
Many experts would have us believe that robots and other technologies are behind the job drought. That couldn’t be farther from the truth.
MIT Technology Review editor David Rotman recently wrote an article called “How Technology is Destroying Jobs.” The title not only sums up the article’s thesis, it sums up the view of many pundits seeking to explain lackluster job growth. But technology never has destroyed jobs on a net basis and it won’t in the future.The article focuses on MIT scholars...
A computer that works like the human brain? It may not be that far off.
IBM cognitive computing researchers are one step closer to making a brain-like computer a reality. The team on Thursday unveiled a "breakthrough software ecosystem" that has the ability to program microchips with architecture based on the human brain.
The framework, which includes new programming language and algorithms, is just part of the process that principal investigator Dr. Dharmendra S. Modha hopes will lead...
What is different this time, some hospital executives argue, is that new technology enables closer, faster tracking of individual doctors, and the new insurance payments factor in quality goals. But partly because many of the efforts are new, broad results are scarce. The Advisory Board says that among hospitals using its software for three years, lengths of inpatient stays fell 2.9%, on average, and readmissions fell 4.5%.
Hospital executives nationwide say that many doctors, particularly younger...