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Innovation

Innovation

A report by The Economist Intelligence Unit (EIU) studies the degree of readiness of different countries ahead of an ever increasing presence of  technologies such as robotics and artificial intelligence. The study includes a series of in-depth interviews with experts in different fields, among them, Elena Alfaro, Head of Customer Solutions Analytics & Open Innovation at BBVA.

A little more than two years after its approval by the European Parliament, the new European Regulation on Data Protection or GDPR (General Data Protection Regulation) will go into effect on May 25, 2018. It is not just another regulatory change: it is the most important change to European data regulation in 20 years and involves new rights for consumers, such as the right to be forgotten and the right to data portability. It also strengthens the concept of consent.

Creating a startup isn’t the exclusive territory of new entrepreneurs or young people with moneymaking ideas. Big technological companies and their CEOs have recognized how to spot potential in emerging companies, buying them outright or overseeing the development of their growth potential.

Big data and data science have become disciplines increasingly in demand in the labor market, serving as tools of great value in training the youngest professionals. With the technological future for the region looking promising, students in Latin America are increasingly engaged in training in these areas and finding out how to apply them to real life.

Adapt or die. An emphatic statement, but one that perfectly captures the spirit that drives startups. The search for innovation is often what characterizes these entrepreneurs, who now how to seize the opportunities enabled by new digital technologies linked to an innovative business idea.

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The streets of New York’s Chinatown, Granada’s Sacromonte neighborhood, or Southall (London’s Little India) are examples of how people tend to live near others from the same place or social status. But businesses, restaurants, and bars are just as important meeting places as where we live. Esteban Moro, Professor at Universidad Carlos III and MIT (Massachusetts Institute of Technology), uses big data tools to analyze how people interact in these places.