How a Digital Storm Will Disrupt the Parcel and Express Industry

BCG

It’s the year 2026, and you’ve just emerged from a tough earnings call with analysts. Focus Thursday, December 15, 2016. Revenue was down by 10%, and profits fell twice that. You tried to pin the blame on e-tailers’ price promotions for their delivery options, but the analysts didn’t buy it.

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Artificial Intelligence: It’s Current and Future Role in Healthcare (Part 1 of 2)

Tom Spencer

In 2017, Accenture Health reported that the top 10 AI applications will produce an estimated annual benefit of roughly $150 billion by 2026 6 , with the following applications leading the way: Robot-Assisted Surgery ($40B).

Driverless Cars Will Change Auto Insurance. Here’s How Insurers Can Adapt

Harvard Business

Our forecast shows that the drop in individual premiums – due both to decreased private ownership vehicles and to safer vehicles — will begin in 2026, as large numbers of autonomous vehicles begin to appear, and could be as much as a $25 billion loss for insurers by 2035. In the aggregate, these areas can generate $81 billion through 2026 ($15 billion per year from 2020 to 2026, with some fluctuations) and can more than offset the losses in premiums expected through 2050.

The Most Common Job in 29 States to Nearly Vanish in 10 Years; Know What That Job Is?

MishTalk

Adoption Timeline According to Morgan Stanley, complete autonomous capability will be here by 2022, followed by massive market penetration by 2026 and the cars we know and love today then entirely extinct in another 20 years thereafter.

Seven Charts Explain Why Chicago Bonds Rated Junk

MishTalk

By the time payments peak in 2026, they will be four times the 2014 level. Looking for a reason Chicago bonds are rated junk? This guest post by Michael Johnston at Fixed Income Database explains why Chicago is junk in seven easy to understand charts.

Yield on Chicago School Bond Offering Hits 5.63%; Debate Over Risk; Miracles Not Coming; Bankruptcy the Sensible Option

MishTalk

The conclusion: The actual deficit is about twice what is commonly reported, with the hole in the current fiscal 2015 budget not $2 billion to $3 billion but $6 billion, and rising to a projected $9 billion in fiscal 2016 and hitting $14 billion by fiscal 2026, assuming no changes in law or spending practices. Today a $295.7 million bond offering by the beleaguered Chicago Board of Education hit the market. The Yield Hit 5.63%.

Unfit for Next Crisis; Laughable Banking Union Revisited

MishTalk

This provision is expected to be in place at least until 2026. Here is an interesting article in Der Spiegel Online that echoes recent statements of mine. Please consider Der Spiegel Online article: Not Fit for the Next Crisis: Europe''s Brittle Banking Union. German Finance Minister Wolfgang Schäuble has negotiated a European banking union suited perfectly to his country''s tastes.

10 Promising AI Applications in Health Care

Harvard Business

health care by 2026. Peter Dazeley/Getty Images. There’s a lot of excitement right now about how artificial intelligence (AI) is going to change health care. And many AI technologies are cropping up to help people streamline administrative and clinical health care processes. According to venture capital firm Rock Health , 121 health AI and machine learning companies raised $2.7 billion in 206 deals between 2011 and 2017.

You Don’t Have to Be a Data Scientist to Fill This Must-Have Analytics Role

Harvard Business

By 2026, the McKinsey Global Institute estimates that demand for translators in the United States alone may reach two to four million. Artur Debat/Getty Images. It’s no secret that organizations have been increasingly turning to advanced analytics and artificial intelligence (AI) to improve decision making across business processes—from research and design to supply chain and risk management.

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The Question with AI Isn’t Whether We’ll Lose Our Jobs — It’s How Much We’ll Get Paid

Harvard Business

The Bureau of Labor Statistics issues periodic occupational growth projections , and in its most recent report, for the time period 2016 to 2026, 11 of the top 25 fastest-growing occupations are health care–related, where human-dominant skills are essential. anucha sirivisansuwan/Getty Images. The basic fact is that technology eliminates jobs, not work.

The “Smart Society” of the Future Doesn’t Look Like Science Fiction

Harvard Business

trillion by 2026. What is a “smart” society? While flights of imagination from science-fiction writers, filmmakers, and techno-futurists involve things like flying cars and teleportation, in practice smart technology is making inroads in a piecemeal fashion, often in rather banal circumstances.