Weekend Reading

11 November 2017 | by Paul Perrino, CFA®

A summary of this week’s best articles. Follow us on Twitter (@INTRINSICINV) for similar ongoing posts and shares.

Tech Giants Are Paying Huge Salaries for Scarce A.I. Talent (Cade Metz, @CadeMetz, NYT)

The next frontier, Artificial Intelligence (AI), has businesses clamoring for experts, but the workforce can’t meet the demand. Attracting talent has started to spiral out of control, causing some to “joke the tech industry needs a National Football League-style salary cap on A.I. specialists.” This disequilibrium doesn’t appear to be slowing down any time soon. Its caused many academics familiar with AI to leave the industry, which is causing a shortage of professors and therefore less students learning AI.

Where Retail Has One Edge on Tech: Mobile Payment (Sarah Halzack, @sarahhalzack, BloombergGadfly)

The race is on for someone to step in as the mobile wallet provider for US consumers. Tencent’s WeChat dominates the Chinese market. People use WeChat for much more than mobile payments. “People can use Tencent’s WeChat, for example, to pay for dinner, but also to find parking, make dates, donate to charity and make appointments with doctors.”

12 books that shaped the way Jeff Bezos, now the world’s richest man, thinks about success (Marguerite Ward, @ForWardist, CNBC)

Like most successful people, Jeff Bezos is an avid reader. His reading list includes everything from business and technology books to novels.

Amazon Key is a new service that lets couriers unlock your front door (Ben Popper, @benpopper, The Verge)

Amazon is rolling out a new offering for Prime customers, Amazon Key. It includes a smart lock and camera. The smart lock allows the delivery driver to open your front door and leave a package securely inside your home. The camera is used to monitor the delivery person and provide reassurance that the person is not entering further into your home.

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