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F1 Racing and the Insurance and Finance Industry: A Comparison of Trends and Challenges

N2Growth Blog

Formula 1 racing is an industry built on speed, innovation, and teamwork. Technological Changes In F1 racing, the introduction of hybrid engines has forced teams to adapt their strategies and rethink their approach to racing. Today, I will highlight some similarities in the insurance and finance industry and contrast them to Formula 1.

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Digital Technology Can Exclude Older Adults

The Horizons Tracker

As technology advances, senior citizens face an escalating danger of being digitally excluded. In countries such as Sweden, where digitalization is widespread, they also encounter greater difficulty in exploiting the opportunities presented by technology. That’s the finding of a recent study from Örebro University.

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We Should Avoid The “Turing Trap” With AI And Continue Making Humans Indispensable

The Horizons Tracker

For much of the last decade or more, it’s rare that AI has been discussed without making comparisons with human abilities. Research from Stanford argues that such comparisons are unhelpful and that the reality is more likely to see man and machine working together in ways that compliment each other’s strengths.

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Diversification Putting Pressure on FinTech Executives

N2Growth Blog

With technology reshaping the global business landscape, many companies will be pushed to fundamentally reconsider their ways of doing international business, diversifying into new product categories and adopting a “borderless” expansion model. By Vera Sharova & Teodora Cosic.

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How IT Can Help Make Organizations More Eco-Friendly

The Horizons Tracker

Of the various reasons to invest in new technology, becoming more eco-friendly is perhaps not at the top of priorities. Research from the Queensland University of Technology suggests that IT can help to drive more eco-efficient behaviors, however. Meanwhile, the surveys helped to explore various options for becoming greener.

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Sustainable Investment Funds Can Encourage Worse Behavior

The Horizons Tracker

Consequently, subjecting brown firms to punitive measures through costly financing inadvertently steers them away from potential investments in innovative green technologies capable of mitigating emissions. “If a brown firm changes in emissions in either direction by just 1%,” the researchers explain.

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Rethinking The Impact AI Might Have On Work

The Horizons Tracker

The paper sparked a wave of concern about what impact the latest wave of automated technologies would have on the labor market. The study moves beyond task-based comparisons to assess the feasibility of AI systems performing these jobs and the economic viability of businesses adopting such technologies.