Author: Connected World

Insurance companies are very much focused on managing risk. Thus, predictions become very important. With AI (artificial intelligence), insurance companies can assess the energy efficiency of a house or the probabilities that there might be a fire or similar occurrence in a building, as examples. “To take advantage of that solution, you need to change how you are selling insurance,” explains Joshua Gans, professor of strategic management, University of Toronto. “Because what the customers would like is that information so they can de-risk their house and not have to pay insurance premiums.” Here is how artificial intelligence can help in…

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Too often a technician servicing a vehicle needs to travel to a certain location in order to work hand-in-hand with the dealer. The metaverse is set to change all of this. At its core, the metaverse is a simulated digital environment that uses AR (augmented reality) and VR (virtual reality) technologies to create an immersive online experience. Here is how it can help a dealership: Turn a dealership into a life experience center, with digital showrooms, virtual test drives, virtual reality support sales, and more. Heighten productivity and minimize travel for a technician who is servicing a vehicle. Bring transparency…

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Is Wi-Fi part of the solution to the long-standing issue of a digital divide between people living in cities and those living in small towns, between urban and rural communities? The WBA (Wireless Broadband Alliance) says yes, it is. In fact, a new report investigating challenges, use cases, and case studies in rural Wi-Fi proposes strategies for stakeholders such as mobile operators, fiber providers, and cable companies to serve the 1 billion people who the alliance says are still not connected to Wi-Fi. The alliance insists without Wi-Fi access, people cannot access digital services like telehealth and online education, and…

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