Mobile Commerce Trends

Smart gadgets and wearables could integrate into some city infrastructures

09/26/202309/25/2023 Jennifer Goula

Cities like Dubai that are highly connected could work well with devices such as smartwatches. Smart gadgets and wearables such as smartwatches and fitness trackers have become extremely popular but are usually considered to be extensions of smartphones in one way or another. That said, some tech experts have been speculating that the connectivity features of these devices could provide considerably greater benefit in cities like Dubai, where future-ready technologies are already being embraced. The idea is that wearing this type of technology could help to further enhance the experience…

OpenAI yearly revenue closes in on $1 billion

09/11/202309/11/2023 Jesse Collins

The developer of the generative artificial intelligence ChatGPT bot is bringing in $80 million monthly. OpenAI, the developer of the generative artificial intelligence (AI) ChatGPT bot is generating approximately $80 million in monthly revenue according to a recent Bloomberg News report at the end of August, citing an unnamed source familiar with the matter. The growth of the adoption of ChatGPT has been enormous, having only debuted last fall. Following the explosively successful launch of OpenAI’s ChatGPT, there has been a massive investment into the generative AI market. This particular…

Teachers are using artificial intelligence to lighten their massive workload

09/04/202309/01/2023 Jorge Gonzalez

Artificial intelligence - Teacher smiling sitting at desk with stack of books

AI has become a new way to create lesson plans and reduce the amount of unpaid overtime worked. Teachers that have been finding their workloads overwhelming throughout the schoolyear are looking to artificial intelligence to an increasing degree. This technology helps them to keep on top of some of their more time-consuming tasks. Teachers are using artificial intelligence to help complete activities ranging from grading, planning lessons for any subject they teach, or even developing behavioral support plans for students requiring this additional attention. By using the technology, teachers are…

New energy technology in the form of paint can heat and cool buildings

08/31/202308/30/2023 L. Green

Energy technology - Person painting house exterior

This can help to reduce electricity use for air conditioning and decrease heating fuel consumption. Stanford University scientists have developed a new form of energy technology in the form of a paint that can both heat and cool homes and other structures, keeping them cool in the summer and warm in the winter. The result is that electricity and heating fuel consumption are reduced, as is the cost of their use. The idea is that through this paint alone, buildings can reduce their operating costs and produce lower carbon emissions.…

Consumers love paying bills with mobile wallets, but fees could block growth

08/24/202308/23/2023 L. Green

Half of consumers say they wouldn’t use this feature if it came with an added cost attached to it. All age demographics are using their mobile wallets to an increasing degree for the purpose of bill payments. Consumers enjoy the convenience of being able to pay their bills whenever and wherever they want. There is certainly an advantage to using mobile wallets when compared to now outdated methods of paying bill such as writing a paper check and mailing it or heading to the bank or institution to make a…