Understanding how fake news spreads. Investing in AI. Apple & AI. Big oil’s problems. Bike sharing vs car sharing.
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DEPT OF THE NEAR FUTURE
⏰ Pathology of a fake news story. Extremely detailed tear-down on how a fake news story originates and is reframed until it looks like real news.
🏳️ This is how big oil will die. A must-read on the dynamics of the system that may lead to the collapse of big oil. (Also, Norway’s near $1trn fund will insist that investee banks disclose the carbon footprint of their loan books.)
DEPT OF ARTIFICIAL INTELLIGENCE
Apple is struggling to become an AI powerhouse (mostly because of its culture of secrecy).
🍎 More details on Apple’s AI announcements this week and Apple’s plans to open SDKs to developers.
AI+fmri scans can detect autism in infants from 6 months.
DEPT OF FUTURE OF TRANSPORT
Bike sharing is growing so fast in China that it is hindering Didi’s growth.
Airbnb is successful, but why aren’t car rental sharing startups growing fast?
🏹 Guide to the challenges facing self-driving car manufacturers.
Half of Americans will never buy an autonomous vehicle. (They are probably right, but not for the reasons they think.)
Tesla is now the 7th most valuable car brand.
Washington governor calls self-driving technology "foolproof", signs executive order to bring driverless cars to the roads. See also: "Radar doesn't drive drunk".
SHORT MORSELS TO APPEAR SMART AT DINNER PARTIES
Apple and Facebook might drive augmented reality to 1bn users within four years.
💈 Why Dollar Shave Club was successful. (Hint: retention)
Amazon is becoming a serious lender to small American retailers.
💊 Could digital therapeutics be as effective as pharmaceuticals? (Also listen to my conversation with Marko Ahtisaari, CEO of SyncProject, a digital therapeutics firm.)
Vending machine in Russia sells you fake likes on social media.
🕹️ Newsweek's take on electioneering and brainwashing voters: “People don't understand what bread crumbs they leave around the internet. And our representatives in government don't understand how analytics work.”
We'll start to see the impact of quantum computing on finance in 3-4 years.
This week’s Exponential View is rather shorter than normal. I am away this weekend camping with one of my daughters. Normal service will shortly resume. 🏕️
In the meantime, if your firm is interested in supporting the Exponential View mission as a commercial partner, please drop Petra Johansson an email.
Have a great week
This week's issue is brought to you with support from our partner, SVB