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...A report that may seem somewhat surprising shows that the U.S. leads in mobile Internet penetration. According to the just-released Nielsen Mobile report (See embedded report below), 16% of mobile phone users, or 40 million people, in the U.S. accessed the Internet (based on a 30-day time frame). This is up from 22.4 million in July 2006. The 16% accessing the Internet via their phones puts the U.S. above the U.K., at 13% and Italy, at 12%.
Moreover, in yet another report on viewing habits on TV, Internet and mobile usage, released by Nielsen, people are spending 3 hours and 15 minutes a month watching videos on their cell phones. This compares to 2 hours watching video on the computer.
Other findings from the Nielsen Mobile report are:
There were 254 million mobile phone subscribers in the U.S. in the first quarter 2008, according to CTIA.
57% of the 254 million U.S. subscribers were data users, meaning they accessed the Internet or sent text messages
37% of mobile users paid to access the Internet, either as part of subscription or transactionally
Mobile Internet use accounted for $1.7 billion in revenue in the first quarter of this year, putting it on a higher run-rate than the $5 billion for all of 2007.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsThe bill would require a report on how these industries use AI to valuate homes and underwrite loans
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