The vending machine industry has been fcing declining revenue since 2007, and industry supporters think new machines, using more digital technology, can reverse the trend.
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
The “Secretary Problem,” also known as the “Optimal Stopping Problem,” is an example of decision theory. It deals with the challenge of mak...
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