Our weekly round up of relevant news from around data (big or otherwise), social, trends and our very own index:
2017 Was The Safest Year In The History Of Commercial Air Travel
2017 was the safest year in the history of commercial air travel, according to The Aviation Safety Network. There were no crashes involving large passenger airliners anywhere in the world despite the volume of air traffic reaching its highest point ever.
67 Fascinating Facts About Ecommerce vs. Brick and Mortar
While many people believe brick-and-mortar shops are doomed in today’s tech-driven world, there are still a number of people who prefer this hands-on method over shopping online. In fact, offline sales are 10 times bigger than online sales in the U.S. But online shopping is growing at a significant rate.
SOCIAL MEDIA/INVESTMENTS STORIES
3 Stock Market Myths That Investors Need to Know
Big companies, on the other hand, are more stable and many of them still have a large runway for growth (think e-commerce and social media). As such, we should not limit ourselves to just one type of investment but instead, make sure we diversify our portfolio to include both big and small companies.
UK eyeing ‘extremism’ tax on social media giants
The UK government has kicked off the new year with another warning shot across the bows of social media giants. … But this is an ongoing battle and we must continue to fight it together, indeed our CEO recently told our investors that in 2018 we will continue to put the safety of our community before profits.
Britons lose millions in online ‘get rich quick’ schemes
An online investment scam targeting people through social media has seen the amount of money lost by victims in the UK rise by 400,000% in six years.
BIG DATA NEWS
EU Asks: Does Control of ‘Big Data’ Kill Competition?
Regulators say the information could allow big businesses to exclude rivals from markets. European Union antitrust regulators are taking a hard look at an increasingly important corporate currency: data.
Ransomware to hit cloud computing in 2018, predicts MIT
Ransomware targeting cloud services is one of the six biggest cyber threats likely to face organisations in 2018, according to the Massachusetts Institute of Technology.
53% Of Companies Are Adopting Big Data Analytics
These and many other insights are from Dresner Advisory Services’ insightful 2017 Big Data Analytics Market Study (94 pp., PDF, client accessed reqd), which is part of their Wisdom of Crowds® series of research.
AI and Big Data Could Power a New War on Poverty
When it comes to artificial intelligence and jobs, the prognostications are grim. The conventional wisdom is that A.I. might soon put millions of people out of work — that it stands poised to do to clerical and white collar workers over the next two decades what mechanization did to factory workers over the past two.