December 20, 2023
AI Can’t Patent Inventions, UK Supreme Court Rules
The British court has ruled that a scientist cannot patent inventions created by an AI. The ruling by the U.K. Supreme Court is a “landmark” decision in the U.K. about whether artificial...
December 20, 2023
UK Supreme Court Rejects AI Inventor’s Patent Bid in Landmark...
The UK Supreme Court unanimously dismissed a computer scientist’s attempt to secure patents for inventions generated by his artificial intelligence system. Stephen Thaler, a U.S. computer scientist, sought to register...
December 19, 2023
Robotics Took Center Stage in Restaurants in 2023, Despite Consumer...
Throughout 2023, more restaurants turned to kitchen automation to drive back-of-house efficiency, even as consumers have resisted the increasing automation of the industry. In October, Chipotle announced that it was...
December 19, 2023
If it’s Too Good to Be True, it Probably isn’t...
Artificial intelligence (“AI”) is all the rage these days. As machines become increasingly able to teach themselves, all manner of “progress” seems possible, regardless of the field of human endeavor....
December 18, 2023
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path...
There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has run its course, the cash...
December 18, 2023
Report: Apex Plans to Go Public Following Scrapped SPAC
Apex FinTech has reportedly filed confidentially for an initial public offering (IPO). The Dallas-based clearing company had planned to go public through a special purpose acquisition company (SPAC) merger in...
December 18, 2023
PayPal: The Online Payments Friction Fighter That Became Friction
I have perfected the art of multitasking. Thanks to my mobile devices, the internet, apps and embedded payments, I can book airline tickets while waiting for a Zoom call to...
December 15, 2023
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of the board of directors but...
December 15, 2023
Expelling the Economists from EU Merger Control
In this essay I discuss the claims and evidence in a recent paper, which has received significant attention in the media and the policy debate. The paper finds that “hired...