Friday, March 25, 2011

Social Shopping $4 Billion in 2015

U.S. consumer spending on deal-a-day offers, social shopping, mobile coupon services such as Groupon or LivingSocial, will grow from $873 million in 2010 to $3.9 billion in 2015, representing a 35.1 percent compound annual growth rate, according to BIA/Kelsey.

But it also is possible the market could grow faster, to as much as $6.1 billion by 2015 (47.4 percent CAGR), while a very conservative outlook pegs the space at $2.1 billion (19.7 percent CAGR).

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China Approaches AI Diffusion as "Asian Tigers" Approached Economic Development

Among the differences between the U.S. and China frameworks for fostering widespread use of artificial intelligence are the roles of state s...