Comments and observations on the latest travel industry technology and business trends
Wednesday, March 28, 2007
O'Reilly ECT Day #2- Incantations for Muggles: The Role of Ubiquitous Web 2.0 Technologies in Everyday Life
O"Reilly ECT - The Coming Age of Magic -Mike Kuniavsky, Co-founder and Principal, ThingM
Tuesday, March 27, 2007
Jeff Hawkins
What is preventing this? Common wisdom believes:
- Computers are not powerful enough - no longer the case
- Brains are too complex to understand
- Brains work on quantum principles
- Brains are magic
Reality is not too complex, don’t work on strange principles and we just didn’t understand how they work.
Hierarchical Temporal Memory (HTM) –
1) Creates a model of its worked
2) Recognizes new patterns
3) Predicts
Generates behavior Numenta Platform for Intelligent Computing (NuPIC)
Simple vision system –
HTM applications areas of focus:
- Automotive
- Gaming
- Network modeling
- Drug discovery
- Vision systems
- Market analysis
- Business modeling
- Nurture applications
- Anything requiring prices timing or high order temporal data
- Music
- Language
- Robotics
Werner Vogels, Vice President & Chief Technology Officer, Amazon.com
.
VC Forum - Web 2.0 and Wall Street
Peter Bloom, Managing Director, General Atlantic LLC. What can Web 2.0 learn from the financial markets and visa versa? Attributes of Web 2.0 demonstrated on Wall Street. Speed matters. e-Trade strived for a 9 second trade. Average trade on NYSE is now 30 milliseconds. A thousand transaction a second have become the norm. How does this compare with travel transactions which is measured by 2-3 second response time? Web 2.0 economy - network intelligence phenomenon. Focus on transactional efficiency. The pressure of Wall Street to push down the cost of transaction cost down to zero. Profits as "agents" was no longer possible (sound familiar?). Those who had been agents became traders. This is just like a GDS becoming a travel agent (e.g. Travelocity). Now promoting marketplace based on automated trading systems. Technology turning agents into principles. The interaction of computers and human beings. Now computers trade with each other but are shut off switching to human trading during a major drop.
Jeff Jonas - IBM Chief Scientist
Sequence neutrality - identifying the same customer in a database. Database drift is natural and the bigger the wearhouse the more this problem persists.
Live from the O"Reilly Emerging Technology Conference
After the opening remarks, the first speaker is Jeff Jonas, Distinguished Engineer and Chief Scientist, IBM Entity Analytic.
Tuesday, March 06, 2007
New Joint Study with PhoCusWright
In an effort to answer my prior blog entry regarding the commodification of self-booking technology, I am pleased to announce a new joint research study with PhoCusWright. As most of you know I have a long association with Philip's organization as an analyst and subcontractor on multiple projects over the last 6 years. In 2003, we jointly published a study on Dynamic Packaging technology. In a similar fashion this new study will look at corporate travel technology trends particularly as it relates to the implementation of Travel 2.0 technology. We are targeting late May- early June for the publication. It will be available as part of the PhoCusWright Channel as well as available both at the PhoCusWright and Travel Tech Consulting online stores.
Here's the abstract: