House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...You probably heard of Baby Boomers, Generation X, and Millennials. Well, there's a new generation in town, at least according to Nielsen and NM Incite, a Nielsen/McKinsey company, which released their first ever "US Digital Consumer Report."
Nielsen coined the term "Generation C" to describe the super-connected 18-34 American age demographic, or those "born sometime between the launch of the VCR and the commercialization of the Internet." The latest Census information reports that Americans 18-34 make up 23% of the U.S. population. However Neilsen's data shows they represent a disproportinately large percentage of online activity.
Generation C makes up 27% of people watching online video, as well as 27% of people visiting social networking/blog sites. They are 33% of the people who own tablets and 39% of people who use a a smartphone.
Their ownership and use of connected devices makes them incredibly unique consumers, according to Neilsen, representing both a challenge and opportunity for marketers and content providers alike. The report is chock full of interesting information and, incidentally, entirely made of infographics for easy scanning. I would highly suggest taking a look.
One of the most interesting break-downs was a series of graphs showing how digital behavior by Americans occured across mobile function, brands, and category of online activity.
For instance, 13.4% of the time spent on mobile devices was used text messaging, 11.1% on an Internet browser, 5.3% on email/IM, 5.5% on social networking apps, and 55.8% in a catch-all, "other apps." Online video time was spent a whopping 44.7% on YouTube, 10.7% on Netflix, 6.9% on Hulu, and 32.2% on "Other."
Some other interesting stats: 274.2 million Americans have Internet access, 165.9 million people watched video during the trial period, and 169.6 million visitors to social networking sites or blogs.
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
Read more...The artists wrote an open letter accusing OpenAI of misleading and using them
Read more...The role will not be filled by Elon Musk, though he will be involved in who is chosen
Read more...