Digital music has hit the roof, so Best Buy is officially pulling the plug on music CDs, and another Target may soon be next. Although CDs remain a relatively popular format worldwide, sales in the U.S. dropped more than 18% last year, prompting Best Buy to drop the format entirely.
Digital music sales overtook physical format sales in 2015, and that trend is likely to continue. Paid subscription services like Spotify and Apple Music are experiencing substantial growth, increasing by more than 60% in 2017.
Best Buy will continue to carry vinyl for the next two years, keeping a commitment it made to vendors. The vinyl will now be merchandised with the turntables, sources suggest.
Sources say that Target has demanded to music suppliers that it wants to be sold on what amounts to a consignment basis. Currently, Target takes the inventory risk by agreeing to pay for any goods it is shipped within 60 days, and must pay to ship back unsold CDs for credit. With consignment, the inventory risk shifts back to the labels.
The newest developments show that using sodium, zinc, and aluminum constructed batteries make the mini-grid a solid possibility for providing 24-7, reliable and clean energy to entire small rural towns.
New materials such as Graphene are emerging and are going to change the world forever. Think about the Bronze Age…the Iron Age—these newest materials each contain a single layer of atoms and are two-dimensional. The potential positive impacts of evolving materials are limitless and bound only to the reach of scientists and how far they choose to push.
Self-driving cars are already in the here-and-now, but just how soon will be helping to improve the lives of handicapped and elderly will change the quality of life for millions.
From your own personal robot assistant that can anticipate your every need and perform tasks at your whim, to entire AI environments—this could be affordable to everyone with the emerging availability of Open AI ecosystems.
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There’s unsurety as to what the Government is doing with the images. They say, Facial-recognition systems may indeed speed up the boarding process, however, the real reason they are cropping up in U.S. airports is that the government wants to keep better track of who is leaving the country, by scanning travelers’ faces and verifying those scans against photos it already has on file. The idea is that this will catch fake passports and make sure people aren’t overstaying their visas. The U.S. Department of Homeland Security has partnered with airlines including JetBlue and Delta to introduce such recognition systems at New York’s JFK International Airport, Washington’s Dulles International, and airports in Atlanta, Boston, and Houston, among others. It plans to add more this summer.
“As It Searches for Suspects, the FBI May Be Looking at You”). Privacy advocates also point out that research has shown the technology to be less accurate with older photos and with images of women, African-Americans, and children (see “Is Facial Recognition Accurate? Depends on Your Race”).
Microsoft Research is developing technology which may end up in the next version Microsoft’s classroom software. In a recent publication, Microsoft Research describes an AI-driven system which could help teachers automatically assess reading performance for students, saving them time and allowing more individual attention to students who need it the most. Their research paper, “Automatic Evaluation of Children Reading Aloud on Sentences and Pseudo words,” automatically predicts the overall reading aloud ability of primary school children (6-10 years old), based on the reading of sentences and pseudo words.