Adverse Effects of the Economic Downturn

As a result of the pandemic, the IMF has just projected that global economic growth will fall 3% for 2020 (down from the 6.3% growth projected in January). This contrasts to the 0.1% fall that ensued from the 2008 financial crisis (which was induced by a dysfunctional...

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AI Plays Crucial Role In Improving Epidemiology

Stanford Institute for Human-Centered AI recently held a “COVID-19 and AI” virtual conference. This is a hot topic: AI technology is helping doctors identify COVID-19 cases at a rapid rate with high accuracy. The machine-learning community Kaggle (owned by Google) is...

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The Role of AI in Law Enforcement

The UN’s Interregional Crime and Justice Research Institute (UNICRI) is working to advance the use of AI. It has established a specialized “Centre for AI and Robotics” in the Hague; and is one of the few international organizations dedicated to assessing AI’s role in...

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Companies Most Vulnerable To Commercial Disruption

The pandemic-induced economic downturn has severely addled commerce. Let’s look at a few of the companies that were already faltering BEFORE social-distancing mandates further encumbered retail businesses. Department stores like Macy’s, Kohl’s, JC Penny, and Stein...

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Clothing Retailers In Need of Capital

Closings include major clothing stores like L.L. Bean, Gap, Abercrombie & Fitch, Tommy Hilfiger, Reformation, Patagonia, Modell’s, Nike, Under Armour, Lululemon, Everlane, Ashley Stewart, Anne Taylor / Loft, Express, and Victoria’s Secret. But those experiencing...

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AI Is Playing A Role In Handling The Pandemic

The better we can track the virus, the better we can fight it. AI is indispensable to this endeavor. AI technology is ideally positioned to identify, track and forecast outbreaks. By analyzing news reports, social media platforms, and government documents, AI can...

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Systemic Solutions For Systemic Problems

As companies start to address the current exigencies, they’re learning that a pandemic is fundamentally different from more conventional threats to business continuity. Plans are usually designed to help companies respond to localized threats--not to global...

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Technology’s Role In Boosting Business

The connectivity now afforded to us by Smartphone apps, data analytics, and AI gives us ways to fight pandemics in ways we never previously thought possible. In the midst of the corona-virus outbreak, it has become all-the-more imperative to marshal our technological...

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Corporations Offering Economic Relief

Some companies are trying to play a role in alleviating the distress of workers during the economic downturn. Disney is a case in point. Even as it has closed its parks and cruises, the company has promised to continue paying employees during the closure; and will...

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