At the Consumer Electronics Show earlier this year, John Deere showcased how it is using Artificial Intelligence in its products. A large display of agricultural equipment is not what many attendees expect to find at the consumer electronics show, but a John Deere Sprayer was displayed prominently among the drones, games and other gadgets. https://www.youtube.com/watch?v=1ga-fHPWHUs …
Category Archives: Emerging Technology
Blockchain in Accounting – Hype or not?
Not that long ago it seemed that blockchain was everywhere. The hype of blockchain as a cure-all was quite prevalent, including a commentary in the Wall Street Journal commenting how blockhain can end poverty. See article. However, it seems that much of the hype has died for the moment as practitioners find ways to utilize …
Think Cryptocurrency is safe? Think again.
“In 2019 alone, an estimated $4.26 billion in cryptocurrencies was lost due to hacks, cybertheft, scams, misappropriation or insider fraud, up about 250% from 2018.” Fraudsters have upped efforts to attack cryptocurrencies in recent years. Fraudsters are using schemes such as: embezzlement, Ponzi schemes, phishing and ransomware. Currency Exchange Rates Unlike other frauds, if a …
Continue reading “Think Cryptocurrency is safe? Think again.”
Technology Trends 2020
Deloitte released its 11th annual report on Tech Trends in the accounting field. Note: this report was written before the COVID 19 pandemic, so it will be interesting to see how that may change things in the 2021 report. Some of the trends highlighted in the report include: Macro Technology Forces – firms need to …
Improve your Digital Fitness
Thanks to a former student, I have been trying new Digital Fitness app from PWC. During the pandemic, they are making it free for anyone wanting to better understand the changing technologies and other issues in business. Once you setup an account, the app guides you through a quiz to determine your digital aptitude. Then …
I Teach Accounting Information Systems 