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Sunday, June 8, 2025

The connected car as a payment device

It is all about convenience in a fast-paced world where people demand streamlined and efficient processes.

Business Report Opinion
Louis Fourie|Published

TECH NEWS: Generative AI inspires architecture in the planning, designing, creation of structures

South Africa faces a significant challenge in providing affordable housing for its growing population. Generative AI can assist architects in optimising the design of cost-effective and sustainable housing solutions.

Business Report Companies
Louis Fourie|Published

Generative AI transforms the fashion industry

Just as artificial intelligence (AI) has recently altered the world of music and visual art, it is possible that AI generated fashions will be displayed on the runways at future New York, London, Milan and Paris Fashion Weeks, as was done in Hong Kong in 2022.

Business Report Companies
Louis Fourie|Published

Rise of drones: The sky is no longer the limit

Drones have swiftly transitioned from being military tools to versatile industrial and commercial instruments. Their affordability and accessibility have paved the way for innovative uses in various sectors.

Business Report Companies
Louis Fourie|Published

BRICS neglects the role of technology in economic development

It became clear that the BRICS members – Brazil, Russia, India, China and South Africa - are entertaining ambitions of becoming a geopolitical alternative to Western-led formations and forums.

Business Report BRICS
Louis Fourie|Published

Rapid adoption of generative AI begs the question: What will be the next innovation in AI to capture our imagination?

Interesting is that the pace of the adoption is accelerating – from 46 years for electricity to achieve a penetration rate of 25%; 35 years for the telephone, 16 years for the personal computer, and only five years for the smart phone.

Business Report Economy
Louis Fourie|Published

AI and the future of work – a reality we are immersed in

If managed effectively, this era of work transformation has the potential to foster a more inclusive economy with a higher growth in productivity.

Business Report Companies
Louis Fourie|Published

AI is shaping the path towards enhanced productivity

Recent deep learning models in generative AI can process extremely large and diverse sets of unstructured data, as well as multiple tasks.

Business Report Companies
Louis Fourie|Published

Organisations should focus on being digital rather than doing digital

In order to get real value from digital transformation, organisation leaders need to have a clear view of where the value lies, as well as a road map of how that value will be realised.

Business Report Companies
Louis Fourie|Published

AI and the role of the company board

AI does not only perform routine tasks independently but now also makes crucial decisions on their own, which exposes companies to a myriad of risks and affects traditional corporate governance systems and accountability.

Business Report Companies
Louis Fourie|Published

Generative artificial intelligence is developing at an incredible pace

New applications are seeing the light on a regular basis.

Business Report Companies
Louis Fourie|Published

Introducing Professor Bot: Would you know the difference?

In May 2016, Professor Ashok Goel, a computer science professor at Georgia Tech, hired Jill Watson as a teaching assistant. Students didn’t realise she was a bot.

Business Report Companies
Louis Fourie|Published

Tech News: Do you know the ‘language’ of prompting?

If you do not know the “language” of prompting, you will find it increasingly difficult to communicate with the numerous artificial intelligence (AI) systems that are now part of our everyday life.

Business Report Opinion
Louis Fourie|Published

Outperforming the competition in the digital and AI age

When successful companies are studied, it becomes evident that there are a number of interconnected enterprise capabilities that organisations need to outperform the competition in the digital transformation and AI age.

Business Report Companies
Louis Fourie|Published

When generative AI is not appropriate in business

While most real-world environments are not deterministic and generative AI has shown great potential in various applications, there are certain scenarios in business for which accuracy is important and where the probabilistic nature of generative AI is not very suitable or appropriate.

Business Report Companies
Louis Fourie|Published

Artificial Intelligence imperative for competitiveness

Any AI system and its decisions are just as good as the data that is fed to them. T

Business Report Companies
Louis Fourie|Published

TECH NEWS: Artificial intelligence that can see

By leveraging AI’s visual capabilities, businesses can gain actionable insights, automate processes, improve decision-making, and enhance overall efficiency and competitiveness.

Business Report Companies
Louis Fourie|Published

Digital transformation and AI in business in a challenging SA

An important strategy to consider under the changed circumstances is digital transformation or the integration of digital technologies into all areas of a business, resulting in fundamental changes in how businesses operate and deliver value to their customers.

Business Report Companies
Louis Fourie|Published

The benefits of AI for business

If businesses want to remain competitive in today’s fast-paced digital world, it is important to embrace AI.

Business Report Companies
Louis Fourie|Published

AI indispensable for business success

Ultimately this can lead to a competitive advantage in the marketplace

Business Report Economy
Louis Fourie|Published

Building your business with AI

In fact, 86% of CEOs mentioned that AI plays an important role in their businesses, not in the form of robots and complex machinery, but software to run their day-to-day operations.

Business Report Economy
Louis Fourie|Published

Patent registrations and innovations in energy and in health

One of the main benefits of patent registration is that it provides legal protection for new inventions and ideas.

Business Report Opinion
Louis Fourie|Published

Trends in innovative patents: US and China dominate

If South Africa wants to compete in the global market or solve our unique challenges we will have to focus much more on technological innovation.

Business Report Economy
Louis Fourie|Published

Scientists can now reverse time

Austrian and Spanish Scientists from the Institute for Quantum Optics and Quantum Information (IQOQI) of the Austrian Academy of Sciences and the University of Vienna published a series of papers describing their ability to ‘accelerate, decelerate and reverse the flow of time within arbitrary, even uncontrolled quantum systems. ’

Business Report Economy
Louis Fourie|Published

ChatGPT AI now more powerful

ChatGPT is expected to have a significant impact on the world, preparing the way for a range of exciting innovations and creations.

Business Report Economy
Louis Fourie|Published