Wednesday, July 26, 2017

People are already replacing their desktop computers with smartglasses

People are already replacing their desktop computers with smartglasses

In the tech industry, "dogfooding" is a common term that describes when companies make their employees use the software and hardware they make, so that bugs can be caught and everyday improvements can be dreamed up before the product ever hits the market. 
Recently, the most powerful companies in Silicon Valley have shown significant interest in augmented reality, a technology that integrates computer graphics and software into the real world. Eventually, supporters say, when "AR" technology becomes advanced enough, a pair of smartglasses may be able to replace every screen you typically use, from your smartphone to your work computer.
But to get to that point, technologists are going to have to eat a lot of dogfood — they're going to have to actually replace their beloved computers and smartphones with AR headsets. 
One Silicon Valley company is actually doing this right now. Meta is a startup making an AR headset, and it's asking its employees to put away their desktop computers and instead do their daily work inside the Meta 2 headset.
Although Meta's engineers rebelled at first, according to Bloomberg, the company's marketing, sales, and operations departments have provided a lot of useful feedback because of the experiment. 
"I have not used any computing device except for my iPhone and Meta 2 for three weeks now," Meta VP Ryan Pamplin, the startup's evangelist, told Business Insider last month. "This is the end of my third week of being computer free."
"I also stream my Mac desktop in a virtual window that's floating in front of me, which is nice, because then I can use iMovie or Photoshop or any of the Mac apps I like," he continued. Pamplin said he likes to watch movies on the Meta 2 on flights. 
Meta has raised over $73 million in venture funding from investors including Horizon Ventures, Lenovo, Tencent, and Banyan Capital. It's reportedly valued at over $300 million. 
Meta Workspace 00015Meta
Meta's desktop-discarding experiment is possible because Meta has developed a piece of software for its headset it calls Workspace.
In Workspace, users can pop up several browser windows inside the headset — perhaps one to play a YouTube video and another to work on a document. Software exists to create and place virtual sticky notes, photos of your family, or even digital houseplants around your desk. Basically, you can create your own virtual dream office.
"In order to get good you have to dogfood," Pamplin said. "Ok, well, if you have to dogfood to be good, why is Meta the only ones doing it? And I think the answer is, we're the only ones that can." 
I got to try a demo of Workspace last month in San Francisco in a bright, sun-filled room. Here's what it was like:

View As: One Page Slides


This is the Meta 2 headset. You can order a development kit for $949 now, although it might be a while before it's delivered — the company is aiming for "the end of the summer."

This is the Meta 2 headset. You can order a development kit for $949 now, although it might be a while before it's delivered — the company is aiming for "the end of the summer."
Meta
Order one from Meta here

And this is what it looks like on my head. During the demo, the Meta 2 headset was plugged into a gaming PC. Meta's big selling point is that it has a 90-degree "field of view," which basically means that the virtual objects are able to occupy a larger percentage of the display than competitors like Microsoft HoloLens. The sensors include a front-facing color camera, two monochrome sensors, and a six-axis gyroscope.

And this is what it looks like on my head. During the demo, the Meta 2 headset was plugged into a gaming PC. Meta's big selling point is that it has a 90-degree "field of view," which basically means that the virtual objects are able to occupy a larger percentage of the display than competitors like Microsoft HoloLens. The sensors include a front-facing color camera, two monochrome sensors, and a six-axis gyroscope.
Ryan Pamplin

This is close to what I saw during my demo. This is Meta's workspace software. Each "object" on that shelf is a different app or feature you can play with.

This is close to what I saw during my demo. This is Meta's workspace software. Each "object" on that shelf is a different app or feature you can play with.
Meta

To boot an app, you reach into the shelf for the one you're interested in. When you see a circle icon in your hand, you make a fist to grab it. Then you can place the app anywhere in your space.

To boot an app, you reach into the shelf for the one you're interested in. When you see a circle icon in your hand, you make a fist to grab it. Then you can place the app anywhere in your space.
Meta

You can move the entire shelf around by reaching into it and closing your fist, like you've grabbed it.

You can move the entire shelf around by reaching into it and closing your fist, like you've grabbed it.
Meta

Unofficially, Meta calls grabbing a virtual object an "Iron Man" feature.

Unofficially, Meta calls grabbing a virtual object an "Iron Man" feature.
Marvel

The app you'll probably use most often is the browser window. You can set up as many of them as you like — so if you like having two monitors, you can simulate it in AR, too. You can also display a Mac or Windows window in a virtual machine.

The app you'll probably use most often is the browser window. You can set up as many of them as you like — so if you like having two monitors, you can simulate it in AR, too. You can also display a Mac or Windows window in a virtual machine.
Meta

You can resize or rotate a screen by grabbing two corners and stretching.

You can resize or rotate a screen by grabbing two corners and stretching.
Meta

But Workspace isn't just for productivity. There are fun toys on the shelf, too, like this musical instrument of sorts. You touch it and it makes sounds.

But Workspace isn't just for productivity. There are fun toys on the shelf, too, like this musical instrument of sorts. You touch it and it makes sounds.
Meta

One issue that I had is that I consistently reached too far deep into the virtual object. Pamplin said that was the most common problem with Meta Workspace but most people get used to it. I also found my hand movements were sometimes just a little too fast for the system.

One issue that I had is that I consistently reached too far deep into the virtual object. Pamplin said that was the most common problem with Meta Workspace but most people get used to it. I also found my hand movements were sometimes just a little too fast for the system.
Meta

Meta's leadership believes that the workspace will one day be several people collaborating on the same "hologram," like this city-scape.

Meta's leadership believes that the workspace will one day be several people collaborating on the same "hologram," like this city-scape.
Meta

You can set up your workspace to be the same every day when you put on the headset.

You can set up your workspace to be the same every day when you put on the headset.
Meta
Pamplin told me that his personal virtual workspace has a YouTube video playing Katy Perry, several photos of his girlfriend, and a virtual fire underneath his desk. 

Watch the entire video:


Bitcoin donations to a $16 billion charitable fund are soaring

Bitcoin donations to a $16 billion charitable fund are soaring

Follow Business Insider:
Screen Shot 2017 06 28 at 4.33.06 PMMI
Bitcoin is red hot these days. The price of the cryptocurrency is up about 140% since the beginning of this year. And now it looks like bitcoin's popularity among the charitable is also on the rise. 
According to the recently released Fidelity Charitable 2017 Giving Report, donations made in bitcoin to Fidelity Charitable, a $16 billion donor-advised philanthropic fund, grew to about $9 million in the first half of 2017. That's about $2 million more than what bitcoin donors contributed in all of 2016.
The report paints a picture of the nearly 150,000 people who donate to the fund in order to illustrate trends in charitable giving, according to Fidelity Charitable's site.  
Donors to the fund have been able to give in bitcoin since 2015, according to a media representative at Fidelity, after joint collaborations between Fidelity Charitable and Fidelity Labs, Fidelity's emerging technology incubator. 
Fidelity's CEO Abigail Johnson is a bitcoin enthusiast. In May, The Wall Street Journalreported that Johnson voiced her support of the cryptocurrency in a speech at a conference hosted by CoinDesk, a cryptocurrency news site.
“Some of you might be wondering: Why am I here today?” Johnson said, according to the Journal."I’m here because I love this stuff... all that the future might hold.”
Not everyone in the financial world is as bullish as Johnson. Morgan Stanley, for instance, recently said that merchants don't think cryptocurrencies like bitcoin have a viable future. Here's Morgan Stanley:
"Most regulators and investors view cryptocurrencies more as assets than actual currencies. Their values are too volatile and too hard to actually use for payment for most to consider them currencies. Our conversations with some merchants indicate that, while cryptocurrencies might actually be attractive for them to operate their businesses, they find that the cryptocurrencies are far too volatile to be used."
Other obstacles to bitcoin, according to the bank, include the Chinese crackdown on mining bitcoin and declining trading volumes
Get the latest Bitcoin price here.

The rise of the iPhone is making the Fed's job harder

The rise of the iPhone is making the Fed's job harder

Follow Business Insider:
Men exit the the BlackRock offices in New York City, U.S., October 17, 2016.  REUTERS/Brendan McDermid Men exit the the BlackRock offices in New YorkThomson Reuters
NEW YORK (Reuters) - Americans' love of their smartphones and apps may be contributing to the sluggish pace of inflation that is worrying Wall Street and the Federal Reserve, the top bond strategist at BlackRock, the world's biggest asset manager, said on Wednesday.
Consumers are relying less and less on devices such as cameras, radios and televisions, and services such as taxis and stores, replacing them with programs in their iPhones and other high-end phones, according to Rick Rieder, BlackRock's chief investment officer of global fixed income.
Companies like Amazon.com Inc, Netflix Inc and Uber Technologies Inc have enticed consumers with convenience and low prices through their phones. As a result, they have upended traditional retailers, entertainment outlets and transportation services, Rieder said in an article published on Wednesday.
"Technological innovation is disrupting traditional business models of many industries, putting a lid on prices and influencing inflation in the economy overall," he wrote.
The core rate of the consumer price index, the U.S. government's broadest inflation gauge, increased 1.7 percent year-on-year in May, the smallest such rise since May 2015, the Labor Department said last week.
On Monday, Chicago Federal Reserve President Charles Evans, when asked about Amazon's proposed $13.7 billion buyout of up-market grocer Whole Foods Market Inc at an event in New York, said new competitors with a technological edge entering in major industries pose possible long-term implications that inflation will remain low.
Some of the recent pullback in inflation also stemmed from lower energy prices resulting from global oversupply, analysts said.
This technological shift will likely persist, Rieder said, making it difficult for inflation to meet the Fed's 2 percent target, which policymakers deem optimal to support stable economic growth.
"This is an increasingly challenging paradigm to execute upon today in the more modern commerce era we live in," Rieder said. "We believe both investors and policymakers need to abandon an overly rigid view of price change."
(Reporting by Richard Leong; Editing by Steve Orlofsky)
Read the original article on Reuters. Copyright 2017. Follow Reuters on Twitter.

728 X 90

336 x 280

300 X 250

320 X 100

300 X600